Income Distribution By Country World Bank

The world bank group works in every major area of development.

Income distribution by country world bank. Income distribution by country currently published by the world bank is calculated using data from nationally representative household surveys. 1 this is a list of countries or dependencies by income inequality metrics including gini coefficients. We provide a wide array of financial products and technical assistance and we help countries share and apply innovative knowledge and solutions to the challenges they face. World bank development research group.

2019 in this case. The term country used interchangeably with economy does not imply political independence but refers to. Based on world bank data ranging from 1992 to 2018. Because the underlying household surveys differ in method and type of data collected the income distribution data are not strictly comparable across countries.

The world bank assigns the world s economies to four income groups low lower middle upper middle and high income countries. The country and lending groups page provides a complete list of economies classified by income region and lending status and links to previous years classifications. Data are based on primary household survey data obtained from government statistical agencies and world bank country departments. The world bank classifies economies as low income lower middle income.

They use a gini decomposition that allows for an exact breakdown without a residual term of the overall gini by. The classification tables include all world bank members plus all other economies with populations of more than 30 000. The classifications are updated each year on july 1 and are based on gni per capita in current usd using the atlas method exchange rates of the previous year i e. This dashboard shows the distribution of income at a country and regional level for different years.

Data have been revised for belgium and ireland income year 2017. The world by income classified according to world bank estimates of 2016 gni per capita current us dollars atlas method low income less than 1 005 lower middle income 1 006 3 955 upper middle income 3 956 12 235 high income more than 12 235 no data note.