In my researches this morning I came across a passage in which the writer characterized Thailand as a “poor country”. I looed into it. With a median household income of around $7,000/year, I would characterize Thailand as a “middle income” country. I think that countries with median household income below about $7,000 are low income (India, Egypt), countries with median incomes from $7,000-$15,000 (Russia, China, Brazil, Argentina) are middle income and countries with median household incomes greater than $15,000/year are rich countries.
An additional complication in such assessments are middle income or rich countries that have a lot of poor people in them (Russia, South Africa).
What’s a “low income” country?