High income country

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     High income      Upper-middle income      Lower-middle income      Low income Country groupings based on World Bank assessment of per-capita gross income, 2007.
     High income      Upper-middle income      Lower-middle income      Low income Country groupings based on World Bank assessment of per-capita gross income, 2007.

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]

[edit] List of high income countries

According to the World Bank the following 65 countries and territories are classified as "high income:"[1]

Flag of Andorra Andorra Flag of the United Kingdom Channel Islands Flag of Guam Guam Flag of Malta Malta Flag of Saudi Arabia Saudi Arabia
Flag of Antigua and Barbuda Antigua and Barbuda Flag of Cyprus Cyprus Flag of Hong Kong Hong Kong Flag of Monaco Monaco Flag of Singapore Singapore
Flag of Aruba Aruba Flag of the Czech Republic Czech Republic Flag of Hungary Hungary Flag of the Netherlands Netherlands Flag of Slovakia Slovakia
Flag of Australia Australia Flag of Denmark Denmark Flag of Iceland Iceland Flag of the Netherlands Antilles Netherlands Antilles Flag of Slovenia Slovenia
Flag of Austria Austria Flag of Estonia Estonia Flag of Ireland Ireland Flag of New Caledonia New Caledonia Flag of South Korea South Korea
Flag of the Bahamas The Bahamas Flag of Equatorial Guinea Equatorial Guinea Flag of the Isle of Man Isle of Man Flag of New Zealand New Zealand Flag of Spain Spain
Flag of Bahrain Bahrain Flag of the Faroe Islands Faroe Islands Flag of Israel Israel Flag of the Northern Mariana Islands Northern Mariana Islands Flag of Sweden Sweden
Flag of Barbados Barbados Flag of Finland Finland Flag of Italy Italy Flag of Norway Norway Flag of Switzerland Switzerland
Flag of Belgium Belgium Flag of France France Flag of Japan Japan Flag of Oman Oman Flag of Trinidad and Tobago Trinidad and Tobago
Flag of Bermuda Bermuda Flag of French Polynesia French Polynesia Flag of Kuwait Kuwait Flag of Portugal Portugal Flag of the United Arab Emirates United Arab Emirates
Flag of Brunei Brunei Darussalam Flag of Germany Germany Flag of Liechtenstein Liechtenstein Flag of Puerto Rico Puerto Rico Flag of the United Kingdom United Kingdom
Flag of Canada Canada Flag of Greece Greece Flag of Luxembourg Luxembourg Flag of Qatar Qatar Flag of the United States United States
Flag of Cayman Islands Cayman Islands Flag of Greenland Greenland Flag of Macau Macao Flag of San Marino San Marino Flag of the United States Virgin Islands Virgin Islands


High Income Countries not classified by World Bank (due to not being UN members):

[edit] References

[edit] See also

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