Table 1.

Changes in classifications based on income data from 2021 to 2025

Group2024–2025 classification*2023–2024 classification*2022–2023 classification*2021–2022 classification*
Income**Count***Income**Count***Income**Count***Income**Count***
Low income≤ 1,14526≤ 1,13526≤1,08528≤ 1,04527
Lower-middle income1,146–4,515511,136–4,465541,086–4,255541,046–4,09555
Upper-middle income4,516–14,005544,466–13,845544,256–13,205544,096–12,69555
High income> 14,00586> 13,84583> 13,20581> 12,69580

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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