Question

what is the main criterian used by world bank for classifying the different countries in 2016?

Answer 1

Per capita income or national income

Answer 2

The main criterion used by the World Bank in classifying different countries: Countries with per capita income of US$ 12616 per annum and above in 2012, are called rich countries and those with per capita income of US$ 1035 or less are called low-income countries.