The World Bank classifies countries by income level based on gross national income (GNI) per capita.
The classification applicable for the 2024-2025 period is as follows:
* High-income economies: GNI per capita above US$14,005 (based on 2023 data)
* Upper-middle-income economies: US$4,516 to US$14,005
* Lower-middle-income economies: US$1,146 to US$4,515
* Low-income economies: US$1,145 or below
Based on this classification, there are currently 2 high-income ASEAN countries, 3 upper-middle-income countries, and 6 lower-middle-income countries.
The following details the income level classification of ASEAN countries, based on 2023 GNI per capita data from the World Bank:
High-income economies:
* Singapore: US$70,590 per capita
* Brunei Darussalam: US$34,480 per capita
Upper-middle-income economies:
* Malaysia: US$11,710 per capita
* Thailand: US$7,200 per capita
* Indonesia: US$4,810 per capita
Lower-middle-income economies:
* Philippines: US$4,320 per capita
* Vietnam: US$4,110 per capita
* Cambodia: US$2,390 per capita
* Laos: US$2,110 per capita
* Timor Leste: US$2,020 per capita
* Myanmar: US$1,230 per capita
*Editor's Note: The data in this article has been updated on March 6, 2025, to reflect the World Bank's updated data.*