What Is GNI Per Capita?
The gross national income (GNI) refers to gross domestic product (GDP) plus factor income from abroad minus factor expenditure to foreign countries. Expressed by the formula: GNI = GDP + (factor income from abroad-factor expenditure abroad)
GNI per capita
- Statistics concept.
- Among them, from abroad
- The World Bank groups the economic development levels of countries around the world by per capita gross national income. Countries are usually divided into four groups: low-income countries, lower-middle-income countries, upper-middle-income countries, and high-income countries. But the above standards are not fixed, but are constantly adjusted as the economy develops.
- According to data released by the World Bank, the latest income grouping standards for 2015 are: low-income economies with GNI per capita below 1025, low-income economies from 1026-4035, high-income economies from 4036-12475, and higher than 12476 Are high-income economies, and those with GNI per capita less than 1185 can enjoy IDA loans
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