The success story means the Southeast Asian nation that overcame a vicious civil war now is classified as a lower-middle income economy by the World Bank Group (WBG).
The new classification this year is based on thresholds set by the WBG in a system with roots in a 1989 paper that outlined the methodology. The table below shows the different levels of classification based on Gross National Income (GNI):
|Threshold||GNI in July 2016|
|Lower-middle income||$1,026 - $4,035|
|Upper-middle income||$4,036 - $12,475|