New World Bank classification of countries by income groups

I live in Australia and I've lived in Europe and Uruguay. I can see why Australia fits its bucket, and European economies but Uruguay feels to me like an edge case, and I suspect Chile is too.

There's a lot of regional ICT and Americosur stuff in Uruguay, the neutral "not Argentina, not brazil" economy. But outside the city it's a steep dropoff. Chile would be massive mining and some ict and tertiary education but again, walk off the main drag, it's low socio-economic conditions very fast. It's a great place. Higher income for a few.