Information about High Income Country
A High income country is defined by the World Bank as a country with a Gross National Income per capita of $11,116 or more.[1] While the term "high income" may be used interchangeably with "First World" and "developed country," the technical definitions of these terms differ. The term "first world" commonly refers to those prosperous countries that aligned themselves with the U.S. and NATO during the cold war. Several institutions, such as the Central Intelligence Agency (CIA) or International Monetary Fund (IMF), take factors other than high per capita income into account when classifying countries as "developed" or "advanced economies." According to the United Nations, for example, some high income countries may also be developing countries. The GCC (Persian Gulf States) countries, for example, are classified as developing high income countries. Thus, a high income country may be classified as either developed or developing.[2]
List of high income countries
According to the World Bank the following 60 countries were classified as "high income:"[1]Not classified by World Bank (due to not being UN members):
References
1. ^ World Bank. (2007). Data & Statistics: Country Groups. Retrieved on 2007-06-20.
2. ^ UN. (2005). UNCTAD Handbook of Statistics.. Retrieved on 2007-07-09.
3. ^ World Bank. (2007). Data & Statistics: Country Groups. Retrieved on 2007-06-20.
2. ^ UN. (2005). UNCTAD Handbook of Statistics.. Retrieved on 2007-07-09.
3. ^ World Bank. (2007). Data & Statistics: Country Groups. Retrieved on 2007-06-20.
See also
The World Bank (the Bank) is a part of the World Bank Group (WBG), is a bank that makes loans to developing countries for development programs with the stated goal of reducing poverty.
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Gross National Income (GNI) comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries.
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Blue: First World, Red: Second World, Green: Third World ]]
The term "first world" refers to countries that are [[democracy|democracies]], which are technologically advanced, and whose citizens have a high [[standard of living]].
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The term "first world" refers to countries that are [[democracy|democracies]], which are technologically advanced, and whose citizens have a high [[standard of living]].
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developed country, or advanced country, is used to categorize countries with developed economies in which the tertiary and quaternary sectors of industry dominate.
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Motto
"In God We Trust" (since 1956)
"E Pluribus Unum" ("From Many, One"; Latin, traditional)
Anthem
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"In God We Trust" (since 1956)
"E Pluribus Unum" ("From Many, One"; Latin, traditional)
Anthem
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North Atlantic Treaty Organization
Organisation du traité de l'Atlantique Nord
Flag of NATO
NATO countries shown in blue
Formation 4 April 1949
Type Military alliance
Headquarters Brussels, Belgium
Membership 26 member states
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Organisation du traité de l'Atlantique Nord
Flag of NATO
NATO countries shown in blue
Formation 4 April 1949
Type Military alliance
Headquarters Brussels, Belgium
Membership 26 member states
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The Cold War was the period of conflict, tension and competition between the United States and the Soviet Union and their respective allies from the mid-1940s until the early 1990s.
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Central Intelligence Agency
Seal of the Central Intelligence Agency
Agency overview
Formed 26 July, 1947
Preceding Agency Central Intelligence Group
Headquarters Langley, Virginia, United States
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Seal of the Central Intelligence Agency
Agency overview
Formed 26 July, 1947
Preceding Agency Central Intelligence Group
Headquarters Langley, Virginia, United States
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International Monetary Fund
IMF member states
Headquarters Washington, D.C., USA
Managing Director Dominique Strauss-Kahn
Central Bank of
Base borrowing rate 5.50%
Website www.
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Per capita income means how much each individual receives, in monetary terms, of the yearly income that is generated in their country through productive activities. That is what each citizen would receive if the yearly income generated by a country from its productive activities
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Headquarters
(and largest city)
Official languages Arabic, Chinese, English, French, Russian, Spanish
Membership 192 member states
Leaders
- Secretary-General Ban Ki-moon
Establishment
-
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(and largest city)
Official languages Arabic, Chinese, English, French, Russian, Spanish
Membership 192 member states
Leaders
- Secretary-General Ban Ki-moon
Establishment
-
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Type Trade bloc
Membership Arab Gulf states (6)
Leaders
- Secretary-General Abdul Rahman ibn Hamad al-Attiyah
Establishment
- As the Gulf Cooperation Council (GCC)
May 25 1981
Population
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Membership Arab Gulf states (6)
Leaders
- Secretary-General Abdul Rahman ibn Hamad al-Attiyah
Establishment
- As the Gulf Cooperation Council (GCC)
May 25 1981
Population
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Arab states of the Persian Gulf are made of the kingdoms of Bahrain and Saudi Arabia, the sultanate of Oman, and the emirates of Kuwait, Qatar, and the United Arab Emirates. These six countries form the members of the Cooperation Council for the Arab States of the Gulf.
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Motto
"Virtus Unita Fortior" (Latin)
"Strength United is Stronger"
Anthem
El Gran Carlemany, Mon Pare
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"Virtus Unita Fortior" (Latin)
"Strength United is Stronger"
Anthem
El Gran Carlemany, Mon Pare
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Motto
Liberté, Égalité, Fraternité
"Liberty, Equality, Fraternity"
Anthem
"La Marseillaise"
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Liberté, Égalité, Fraternité
"Liberty, Equality, Fraternity"
Anthem
"La Marseillaise"
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Motto
Libertate unanimus
(Latin: "Unified by freedom")
Anthem
Anthem without a title
Capital Willemstad
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Libertate unanimus
(Latin: "Unified by freedom")
Anthem
Anthem without a title
Capital Willemstad
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Motto
"Each Endeavouring, All Achieving"
Anthem
Fair Antigua and Barbuda
Royal anthem
God Save the Queen 1
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"Each Endeavouring, All Achieving"
Anthem
Fair Antigua and Barbuda
Royal anthem
God Save the Queen 1
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Motto
"Tahiti Nui Mare'are'a"
"Liberté, Égalité, Fraternité"
Anthem
La Marseillaise
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"Tahiti Nui Mare'are'a"
"Liberté, Égalité, Fraternité"
Anthem
La Marseillaise
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Anthem
La Marseillaise
Capital Nouméa
Largest city Nouméa
Official languages French
Government Overseas territory of France
- President of France Nicolas Sarkozy
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La Marseillaise
Capital Nouméa
Largest city Nouméa
Official languages French
Government Overseas territory of France
- President of France Nicolas Sarkozy
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Motto
"One Happy Island"
Anthem
Aruba Dushi Tera
Capital
(and largest city) Oranjestad
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"One Happy Island"
Anthem
Aruba Dushi Tera
Capital
(and largest city) Oranjestad
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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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Anthem
"God Defend New Zealand"
"God Save the Queen" 1
Capital Wellington
Largest city Auckland
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"God Defend New Zealand"
"God Save the Queen" 1
Capital Wellington
Largest city Auckland
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Anthem
Advance Australia Fair [1]
Capital Canberra
Largest city Sydney
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Advance Australia Fair [1]
Capital Canberra
Largest city Sydney
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Motto
Ελευθερία ή θάνατος
Eleftheria i thanatos
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Ελευθερία ή θάνατος
Eleftheria i thanatos
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Motto
Anthem
Ja, vi elsker
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Royal: Alt for Norge ("Everything for Norway")
1814 Eidsvoll oath: Enige og tro til Dovre faller
("United and faithful until the mountains of Dovre crumble")
1814 Eidsvoll oath: Enige og tro til Dovre faller
("United and faithful until the mountains of Dovre crumble")
Anthem
Ja, vi elsker
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Anthem
Land der Berge, Land am Strome (German)
Land of Mountains, Land on the River
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Land der Berge, Land am Strome (German)
Land of Mountains, Land on the River
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Anthem
Nunarput utoqqarsuanngoravit
Nuna asiilasooq
Capital
(and largest city) Nuuk (Godthåb)
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Nunarput utoqqarsuanngoravit
Nuna asiilasooq
Capital
(and largest city) Nuuk (Godthåb)
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Anthem
"A Portuguesa"
Capital
(and largest city) Lisbon5
Official languages Portuguese1
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"A Portuguesa"
Capital
(and largest city) Lisbon5
Official languages Portuguese1
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Motto
"Where America's Day Begins"
Anthem
Fanohge Chamoru
Capital Hagåtña
Largest village Dededo
Official languages English and Chamorro
Government
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"Where America's Day Begins"
Anthem
Fanohge Chamoru
Capital Hagåtña
Largest village Dededo
Official languages English and Chamorro
Government
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Motto
Latin: Joannes Est Nomen Eius
Spanish: Juan es su nombre
(English: "John is his name")
Anthem
"La Borinqueña"
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Latin: Joannes Est Nomen Eius
Spanish: Juan es su nombre
(English: "John is his name")
Anthem
"La Borinqueña"
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