Table 1. Changes in classifications...

Table 1.

Changes in classifications based on income data from 2021 to 2025

Group	2024–2025 classification*		2023–2024 classification*		2022–2023 classification*		2021–2022 classification*
Group	Income**	Count***	Income**	Count***	Income**	Count***	Income**	Count***
Low income	≤ 1,145	26	≤ 1,135	26	≤1,085	28	≤ 1,045	27
Lower-middle income	1,146–4,515	51	1,136–4,465	54	1,086–4,255	54	1,046–4,095	55
Upper-middle income	4,516–14,005	54	4,466–13,845	54	4,256–13,205	54	4,096–12,695	55
High income	> 14,005	86	> 13,845	83	> 13,205	81	> 12,695	80

Group	2024–2025 classification*		2023–2024 classification*		2022–2023 classification*		2021–2022 classification*
Group	Income**	Count***	Income**	Count***	Income**	Count***	Income**	Count***
Low income	≤ 1,145	26	≤ 1,135	26	≤1,085	28	≤ 1,045	27
Lower-middle income	1,146–4,515	51	1,136–4,465	54	1,086–4,255	54	1,046–4,095	55
Upper-middle income	4,516–14,005	54	4,466–13,845	54	4,256–13,205	54	4,096–12,695	55
High income	> 14,005	86	> 13,845	83	> 13,205	81	> 12,695	80

Note(s):

*Classifications are updated in July each year, **Measured in GNI per capita and expressed in US dollars. ***Out of the 218 countries in the world, 217 were classified into the four income groups, while one country (Venezuela) was unclassified due to the unavailability of data

Source(s): Author made grouping and count calculations; Data Source: World Bank (2025)

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