Which economic parameter is used to classify the countries into develo

1.	Which economic parameter is used to classify the countries into developed and under developed?
Answer» The World Bank\'s\xa0classification\xa0of the world\'s\xa0economies\xa0is based\xa0on\xa0estimates of gross national income (GNI) per capita. Previous World Bank publications might have referred to this as gross national product, or GNP. In the absence of a methodology or a consensus for how to\xa0classify countries\xa0based on their level of\xa0development, some international\xa0organizations\xa0have used membership of the\xa0Organization\xa0of Economic Cooperation and\xa0Development\xa0(OECD) as the main criterion for\xa0developed country\xa0status.

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