yota691 Posted July 13, 2013 Report Share Posted July 13, 2013 07/13/2013 14:58 World Bank: Iraq moves to the category "High" for middle-income countriesThe latest report issued by the World Bank shows that Iraq's economic data transferred to the upper middle-income countries Baghdad / Mesalla: the World Bank said in its latest report this week that Iraq moved to the upper middle-income countries according to the latest classification based on estimates of per capita gross national income (GNI) in the previous year. And adopt the World Bank classifications of income by per capita gross national income (GNI) as follows: Low-income countries: $ 1,035 or less. Middle-income countries: from $ 1,036 to $ 4,085. Upper-middle-income countries: $ 4,086 to $ 12.615. High-income countries: $ 12,616 or more. According to the report, "a major revision to the data transmitted by Iraq to the upper-middle-income countries", achieving significant economic improvement compared to many countries in the world. Changes in classifications Categories tables include all members of the World Bank, as well as other countries with a population of more than 30,000 people. And the change in the classification of 2013 President is the Russian Federation, who moved to the high-income countries. And became Chile, Lithuania and Uruguay are also high-income countries for the first time (became Latvia from high-income countries in fiscal year 2011, and Antigua and Barbuda in fiscal year 2010), while falling Hungary to middle-income countries after remaining in a high-income countries since fiscal year 2009, while Iraq's data showed a significant improvement in economic performance and the rate of per capita income. The following table summarizes the changes in the rankings of countries by income from last year: Iraq Lower middle-income countries to upper middle-income countries. Albania Lower middle-income countries to upper middle-income countries. Antigua and Barbuda Upper middle-income countries to high-income countries. Chile Upper middle-income countries to high-income countries. Hungary High-income countries to upper-middle-income countries. Lithuania Upper middle-income countries to high-income countries. Mauritania Low to lower-middle income countries. Russian Federation Upper middle-income countries to high-income countries. Meanwhile, according to a report published by "any mother any Info" on "the essence of Information Middle East business" is expected to "bring the Iraqi banking sector significant growth in assets and profits over the next decade as a result of many factors that come in the forefront of an environment huge economic and powerful, and the proliferation of credit, and the improved security situation in the state. " The report issued by the company "Sansar Capital" (Sansar Capital) specializing in asset management in developing countries, "The International Monetary Fund expects total growth in gross domestic product in Iraq, a rate of 9% during the current year, 2013, is expected to keep the banking sector in particular on the level of steady growth over the next few years. " 1 Link to comment Share on other sites More sharing options...
sandfly Posted July 13, 2013 Report Share Posted July 13, 2013 THATS GOOD Link to comment Share on other sites More sharing options...
waterman13 Posted July 13, 2013 Report Share Posted July 13, 2013 really? you are a HIGH INCOME person if you make $12,616 / year? How do you apply a number like that to different countries? I can live in a country like Columbia or Nicaragua a lot cheaper than in the US or the UK. Is this the Socialist agenda to make all the "citizens" of the world making about the same ($12k) "High Income earner", while the elite live like kings? WM13 3 Link to comment Share on other sites More sharing options...
calkid11 Posted July 13, 2013 Report Share Posted July 13, 2013 Good post YOTA, good to read . Link to comment Share on other sites More sharing options...
greeneyedlady Posted July 13, 2013 Report Share Posted July 13, 2013 Sounds like the census is done. I think that's the only way they could provide these numbers, if they are accurate. 2 Link to comment Share on other sites More sharing options...
jobug38 Posted July 13, 2013 Report Share Posted July 13, 2013 Sounds like the census is done. I think that's the only way they could provide these numbers, if they are accurate. You may be right! Looks like it. Link to comment Share on other sites More sharing options...
Psych Posted July 13, 2013 Report Share Posted July 13, 2013 Yet....worthless currency....hmmmmm. 3 Link to comment Share on other sites More sharing options...
rockfl9 Posted July 13, 2013 Report Share Posted July 13, 2013 really? you are a HIGH INCOME person if you make $12,616 / year? How do you apply a number like that to different countries? I can live in a country like Columbia or Nicaragua a lot cheaper than in the US or the UK. Is this the Socialist agenda to make all the "citizens" of the world making about the same ($12k) "High Income earner", while the elite live like kings? WM13 The income numbers are adjusted on a Purchasing Power Parity basis to take differences in living standards to account. So what is reported is equivalent dollars.. Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted July 13, 2013 Report Share Posted July 13, 2013 really? you are a HIGH INCOME person if you make $12,616 / year? How do you apply a number like that to different countries? I can live in a country like Columbia or Nicaragua a lot cheaper than in the US or the UK. Is this the Socialist agenda to make all the "citizens" of the world making about the same ($12k) "High Income earner", while the elite live like kings? WM13 YEP !!! Just exactly how many ' more ' things need to be done ? Link to comment Share on other sites More sharing options...
zigmeister Posted July 13, 2013 Report Share Posted July 13, 2013 Sounds like the census is done. I think that's the only way they could provide these numbers, if they are accurate. If anything greeneyedlady your insight makes this article very important in the scheme of things. Good job! Link to comment Share on other sites More sharing options...
EagleEye Posted July 14, 2013 Report Share Posted July 14, 2013 Perhaps the World Bank knows something that we don't know..... Link to comment Share on other sites More sharing options...
Amos9:13 Posted July 14, 2013 Report Share Posted July 14, 2013 Well we know they mentioned they wanted to be inducted by 2016, the World Bank would definitely like Iraq to become a member. They have a bright future ahead. Link to comment Share on other sites More sharing options...
nackers Posted July 14, 2013 Report Share Posted July 14, 2013 Thanks. 1 Link to comment Share on other sites More sharing options...
Tripphood Posted July 14, 2013 Report Share Posted July 14, 2013 YEP !!!Just exactly how many ' more ' things need to be done ? I'm hearing the HCL has yet to be done. Link to comment Share on other sites More sharing options...
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