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What are the list of output for World Bank Income (wbIncome) Level metric?
The World Bank Income Level, returned as the wbIncome field in BigDataCloud APIs, classifies countries by income based on Gross National Income (GNI) per capita — the total income of a country's residents divided by its population. The World Bank uses four categories:
- Low income — GNI per capita of $1,035 or less (2021 thresholds)
- Lower-middle income — GNI per capita between $1,036 and $4,045
- Upper-middle income — GNI per capita between $4,046 and $12,535
- High income — GNI per capita of $12,536 or more
These classifications are used to determine eligibility for World Bank financial support and provide a standardised measure of economic development. Below are the Income Level IDs and their corresponding ISO-2 codes as returned by the API:
| ID | ISO2 code | Value |
|---|---|---|
| HIC | XD | High Income |
| LIC | XM | Low Income |
| LMC | XN | Lower Middle Income |
| UMC | XT | Upper Middle Income |
| INX | XY | Not Classified |
| NA | NA | Aggregates |