{"id": 961265, "name": "Number of lower-middle-income countries", "unit": "", "createdAt": "2024-08-01T10:31:22.000Z", "updatedAt": "2025-03-14T15:07:27.000Z", "coverage": "", "timespan": "1987-2023", "datasetId": 6650, "columnOrder": 0, "shortName": "classification_lower_middle_income_countries_count", "catalogPath": "grapher/wb/2024-07-29/income_groups/income_groups#classification_lower_middle_income_countries_count", "descriptionShort": "Number of countries classified as lower-middle income by the World Bank.", "descriptionFromProducer": "For the current 2025 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the [World Bank Atlas method](https://datahelpdesk.worldbank.org/knowledgebase/articles/378832-what-is-the-world-bank-atlas-method), of $1,145 or less in 2023; lower middle-income economies are those with a GNI per capita between $1,146 and $4,515; upper middle-income economies are those with a GNI per capita between $4,516 and $14,005; high-income economies are those with more than a GNI per capita of $14,005.\n\nPlease note: Regions in this table include economies at all income levels. The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. Click [here](https://datahelpdesk.worldbank.org/knowledgebase/articles/378834-how-does-the-world-bank-classify-countries) for information about how the World Bank classifies countries.", "descriptionProcessing": "We count the countries in each income group and also calculate the total population in them by using a long-run dataset [mantained by Our World in Data](https://ourworldindata.org/population-sources).", "type": "int", "dataChecksum": "17560010213691648575", "metadataChecksum": "4348911893286575049", "datasetName": "World Bank's income classification", "updatePeriodDays": 365, "datasetVersion": "2024-07-29", "nonRedistributable": false, "display": {"name": "Lower-middle income"}, "schemaVersion": 2, "processingLevel": "major", "presentation": {"titlePublic": "Number of lower-middle-income countries", "topicTagsLinks": ["Economic Growth"]}, "descriptionKey": ["The World Bank creates a yearly classification of countries by income, for all countries with population over 30,000.", "This classification stays the same throughout the fiscal year (from July 1 to June 30) even if the income data for a country changes.", "Low-income countries are those with a gross national income (GNI) per capita of $1,145 or less in 2023.", "Lower-middle-income countries are those with a GNI per capita between $1,146 and $4,515 in 2023.", "Upper-middle-income countries are those with a GNI per capita between $4,516 and $14,005 in 2023.", "High-income countries are those with a GNI per capita of more than $14,005 in 2023."], "dimensions": {"years": {"values": [{"id": 1987}, {"id": 1988}, {"id": 1989}, {"id": 1990}, {"id": 1991}, {"id": 1992}, {"id": 1993}, {"id": 1994}, {"id": 1995}, {"id": 1996}, {"id": 1997}, {"id": 1998}, {"id": 1999}, {"id": 2000}, {"id": 2001}, {"id": 2002}, {"id": 2003}, {"id": 2004}, {"id": 2005}, {"id": 2006}, {"id": 2007}, {"id": 2008}, {"id": 2009}, {"id": 2010}, {"id": 2011}, {"id": 2012}, {"id": 2013}, {"id": 2014}, {"id": 2015}, {"id": 2016}, {"id": 2017}, {"id": 2018}, {"id": 2019}, {"id": 2020}, {"id": 2021}, {"id": 2022}, {"id": 2023}]}, "entities": {"values": [{"id": 273, "name": "Africa", "code": null}, {"id": 275, "name": "Asia", "code": null}, {"id": 276, "name": "Europe", "code": null}, {"id": 294, "name": "North America", "code": null}, {"id": 277, "name": "Oceania", "code": null}, {"id": 295, "name": "South America", "code": null}, {"id": 355, "name": "World", "code": "OWID_WRL"}]}}, "origins": [{"id": 1113, "title": "Income Classifications", "producer": "World Bank", "citationFull": "World Bank - Income classifications (2024).", "urlMain": "https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups", "urlDownload": "https://datacatalogfiles.worldbank.org/ddh-published/0037712/DR0090754/OGHIST.xlsx", "dateAccessed": "2024-07-29", "datePublished": "2024-07-01", "license": {"url": "https://www.worldbank.org/en/about/legal/terms-of-use-for-datasets", "name": "Creative Commons BY 4.0"}}]}