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Income classification for Asia

Income classification to group countries was firstly introduced by the World Bank 25 years ago. The World Bank divides the world economies into four distinct groups – Low, Lower-Middle, Upper-Middle, and High – based on the Gross National Income (GNI) per capita converted to current US dollars.

New thresholds are determined directly by the World Bank every year. For the fiscal year 2016, the new thresholds by income were classified according