Gross national income per capita in US dollars of upper-middle-income countries as
per World Bank classification falls between _______, as of July 2019.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. $3,996 - $12,375.
- As of 1 July 2019, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,025 or less in 2018.
- Lower middle-income economies are those with a GNI per capita between $1,026 and $3,995; upper middle-income economies are those between $3,996 and $12,375; high-income economies are those with a GNI per capita of $12,376 or more.