what is ment by countries income
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per capita income is a measure of the amount of money earned per person in a nation aur Geography region ...per capita income for pension is calculated by dividing the country 's national income by its population ....
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According to the World Bank middle - income countries (MICs) are defined as economics with a Gross National Income ( GNI ) per capita between $1,026 and $12,475 . MICs are one of the income categories that the World Bank uses to classify economics for operational and analytical purposes .
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