In 2009, high-income economies with only about one eighth of the world's population produced almost three-fourths of the worlds output.

Question

Quizplus · Accepted Answer

This statement is true. According to World Bank data from 2009, high-income economies (defined as countries with a gross national income per capita of $12,746 or more) made up about 13% of the global population but contributed to around 74% of the world's GDP.

In 2009, High-Income Economies with Only About One Eighth of the World's