East Asia and Pacific Economy
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The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the World Bank and other economies with populations more than 30,000. The groups made are as follows:
The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the World Bank and other economies with populations more than 30,000. The groups made are as follows:
- Lower Income Economies (with $825 or less)
- Lower Middle Income Economies (With $826-3,255)
- Upper Middle Income Economies (With $3,256-10,065) and
- High Income Economies (With $10,066 or More)
Classification is made among the income groups as to 2004 GNI per capita and regions by using the World Bank Atlas Method.
Country Type American Samoa UMC Cambodia LIC China LMC Fiji LMC Indonesia LMC Kiribati LMC Korea, Dem. Rep. LIC Lao PDR LIC Malaysia UMC Marshall Islands LMC Micronesia, Fed. Sts. LMC Mongolia LIC Myanmar LIC Northern Mariana Islands UMC Palau UMC Papua New Guinea LIC Philippines LMC Samoa LMC Solomon Islands LIC Thailand LMC Timor-leste LIC Tonga LMC Vanatu LMC Vietnam LIC