COMPARING DIFFERENT COUNTRIES /STATE
On the basis of National income when combaing Countries, their
level of income as in often viewed a key indicator of development
countries with higher incomes are generally seen as more
development since the greater income can provide access to basic
human needs and other that promote well-being.
Total income - Sum of all residents country Population of the
when comparing countries the or per capita income is average us
vally rather than the total income. This income considered is
because countries have different populations and comparing total
incomes could be misleading.
B. Comparison of world of Her capita income: bank on the Basic
• The world bank uses. capita income to a country's fer make
comparisons.
Countries with of an annual fer capita in $ 12,056 or more in 2017
are Considered "rich" counteries...
• Countered with a per capita income a $955 or less in 2017
"low income" countries are classifie
On the basis of National income when combaing Countries, their
level of income as in often viewed a key indicator of development
countries with higher incomes are generally seen as more
development since the greater income can provide access to basic
human needs and other that promote well-being.
Total income - Sum of all residents country Population of the
when comparing countries the or per capita income is average us
vally rather than the total income. This income considered is
because countries have different populations and comparing total
incomes could be misleading.
B. Comparison of world of Her capita income: bank on the Basic
• The world bank uses. capita income to a country's fer make
comparisons.
Countries with of an annual fer capita in $ 12,056 or more in 2017
are Considered "rich" counteries...
• Countered with a per capita income a $955 or less in 2017
"low income" countries are classifie
