World Bank country classifications by income level for 2024-2025 ERIC METREAUKATHRYN ELIZABETH YOUNGSHWETHA GRACE EAPEN JULY 01, 2024 This page in: English Français Español العربية 中文 日本語

https://blogs.worldbank.org/en/opendata/world-bank-country-classifications-by-income-level-for-2024-2025 The World Bank Group assigns the world’s economies[1] to four income groups: low, lower-middle, upper-middle, and high. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year. GNI measures are expressed in United States dollars[2] using conversion factors derived according to the Atlas method, which in its current form was introduced in 1989[3]. The World Bank’s income classification aims to reflect a country’s level of development, drawing on Atlas GNI per capita as a broadly available indicator of economic capacity.