[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111524-en":3,"doc-seo-111524-105":30,"detail-sidebar-cat-0-en-105":90},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},111524,8796095461610,"Oliver","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","FY26 Updated Country Income Classification for Analytical Purposes - World Bank Group Summary","FY26 updated country income classifications use GNI per capita in US dollars based on the Atlas method, refreshed each fiscal year to reflect changes in Atlas GNI estimates and revised national accounts, exchange rates, inflation, and population dynamics. Thresholds are adjusted for inflation using the SDR deflator to keep real values stable. The document summarizes FY26 threshold levels effective July 1, 2025, and identifies country movements between income categories, along with country-specific drivers such as GDP growth, inflation, tourism, and population revisions.","Public Disclosure Authorized Public Disclosure Authorized  \nFY26 Updated Country Income Classification for Analytical Purposes  \nThe World Bank Group classifies the world's economies into four income categories—high, uppermiddle, lower-middle, and low. We base this classification on GNI per capita expressed in US dollars according to the Atlas method.  \nWith the start of each fiscal year, we update the classification to reflect:  \n1. Changes to Atlas GNI per capita: In each country, factors such as economic growth, inflation, exchange rates, and population growth affect the Atlas GNI per capita. Revisions to national accounts methods and data can also sometimes have an impact.  \n2. Changes to classification thresholds: To keep income classification thresholds fixed in real terms, following SecM83-924 they are adjusted for inflation using the Special Drawing Rights (SDR) deflator—a weighted average of the GDP deflators of China, Japan, the UK, the US, and the Euro Area. This year, classification thresholds have moved up in line with this inflation measure.  \nThe World Bank Group’s estimates of 2024 Atlas GNI per capita have been reviewed and cleared by country economists. The 2024 data will be available at this link as of July 1st, 2025.  \nThe updated income classification will be available to the public on July 1st, 2025 at this link. The tables below summarize the new classification thresholds and the four countries that will move to a different category in FY26 .  \nInside the World Bank Group, we use this income classification to aggregate data for groups of similar countries for analytical purposes. Some external organizations also rely on the World Bank Group’s income categories to make operational or regulatory decisions.  \nThe income classification also impacts the World Bank’s Operational Guidelines, which determine whether a country is eligible to borrow from IDA, Blend, or IBRD. Starting in FY19 surcharges have been applied in IBRD loan pricing for countries above the high-income threshold for more than two consecutive years, as described in the Development Committee Paper “Sustainable Financing for Sustainable Development”(DC2018-0002/P, April 21, 2018) . Updated data on lending groups will also be published at this link on July 1st, 2025.  \nOfficial Use Only  \nSummary of changes in Country Income Classifications effective July 1, 2025  \n\n|  | New income\u003Cbr>category | Old income category | Atlas GNI/Capita\u003Cbr>(2024) as of July 1st,\u003Cbr>2025 | Atlas GNI/Capita\u003Cbr>(2023) as of July 1st,\u003Cbr>2024 |\n| --- | --- | --- | --- | --- |\n| Up |  |  |  |  |\n| Cabo Verde | Upper-Middle | Lower-Middle | 5,000 | 4,280 |\n| Costa Rica | High | Upper-Middle | 15,620 | 13,850 |\n| Samoa | Upper-Middle | Lower-Middle | 4,650 | 4,020 |\n|  |  |  |  |  |\n| Down |  |  |  |  |\n| Namibia | Lower-Middle | Upper-Middle | 4,240 | 4,870 |\n\n\n|  | New threshold ($) as of July 1st, 2025 | Old threshold ($) as of July 1st, 2024 |\n| --- | --- | --- |\n| Low income | ≤ 1,135 | ≤ 1,145 |\n| Lower-middle income | 1,136-4,495 | 1,146-4,515 |\n| Upper-middle income | 4,496 – 13,935 | 4,516 – 14,005 |\n| High income | > 13,935 | > 14,005 |\n\nGeneral notes:  \na. In countries where dual or multiple exchange rates are in use, the exchange rate used to convert local currency units to US$ is a composite of these exchange rates, provided necessary data are available.  \nFor more details see this note.  \nCountry-specific notes:  \na. In 2024, Cabo Verde’s GDP grew 7 .3%, a 2-point increase compared with 2023. Growth was mainly driven by tourism related industries (+ 16.5%) . Inflation (based on the GDP deflator) slowed from  \n4.1% in 2023 to 1.7% in 2024. Notably, the UN Population Division revised population levels downwards (-12 .8% for 2023), explaining the 16.8% increase observed in Atlas GNI per capita.  \nb. The Costa Rican economy has seen consistently strong growth recently, with an average growth rate of 4 .7% over the past three years. In 2023, Costa Rica's Atlas G","cbCaifU5RXUUc8bM","https://ap.wps.com/l/cbCaifU5RXUUc8bM","pdf",148649,4,1,2,"English","en",105,"# Summary of changes in Country Income Classifications effective July 1, 2025\n## Overview of the Atlas-based income categories\n## Effective thresholds: FY26 (July 1, 2025)\n## Countries moving up or down in FY26\n## General notes on exchange rates and methodology\n## Country-specific notes affecting GNI per capita","[{\"question\":\"How does the World Bank Group update income classifications each fiscal year?\",\"answer\":\"Updates reflect changes to Atlas GNI per capita calculations and revisions to classification thresholds to preserve real terms using an SDR deflator.\"},{\"question\":\"What method is used to calculate GNI per capita for income classification?\",\"answer\":\"GNI per capita is expressed in US dollars using the Atlas method.\"},{\"question\":\"When do the FY26 income classification thresholds become effective?\",\"answer\":\"The updated thresholds and public tables become available on July 1, 2025.\"}]",1784490525,5,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":28},"fy26-updated-country-income-classification-for-analytical-purposes-world-bank-group-summary","",{"@graph":36,"@context":84},[37,52,67],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,47,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":22},"https://docshare.wps.com/document/","Document",{"item":48,"name":12,"@type":43,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/fy26-updated-country-income-classification-for-analytical-purposes-world-bank-group-summary/111524/",{"url":51,"name":13,"@type":53,"author":54,"headline":13,"publisher":56,"fileFormat":59,"inLanguage":24,"description":14,"dateModified":60,"datePublished":61,"encodingFormat":59,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":55},"Person",{"url":41,"name":57,"@type":58},"DocShare","Organization","application/pdf","2026-07-25","2026-07-19",true,{"@type":64,"interactionType":65,"userInteractionCount":20},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"How does the World Bank Group update income classifications each fiscal year?","Question",{"text":74,"@type":75},"Updates reflect changes to Atlas GNI per capita calculations and revisions to classification thresholds to preserve real terms using an SDR deflator.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"What method is used to calculate GNI per capita for income classification?",{"text":79,"@type":75},"GNI per capita is expressed in US dollars using the Atlas method.",{"name":81,"@type":72,"acceptedAnswer":82},"When do the FY26 income classification thresholds become effective?",{"text":83,"@type":75},"The updated thresholds and public tables become available on July 1, 2025.","https://schema.org",{"og:url":51,"og:type":86,"og:title":13,"og:site_name":57,"og:description":14},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":91},[92,96,100,104,108,113,118,121,126,129,133],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":93,"show_sort_weight":94,"slug":95},"Story & Novel",90,"story-novel",{"id":22,"doc_module":4,"doc_module_name":46,"category_name":97,"show_sort_weight":98,"slug":99},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":101,"show_sort_weight":102,"slug":103},"Exam",70,"exam",{"id":29,"doc_module":4,"doc_module_name":46,"category_name":105,"show_sort_weight":106,"slug":107},"Comic",60,"comic",{"id":109,"doc_module":4,"doc_module_name":46,"category_name":110,"show_sort_weight":111,"slug":112},6,"Technology",50,"technology",{"id":114,"doc_module":4,"doc_module_name":46,"category_name":115,"show_sort_weight":116,"slug":117},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":119,"slug":120},30,"research-report",{"id":122,"doc_module":4,"doc_module_name":46,"category_name":123,"show_sort_weight":124,"slug":125},9,"Religion & Spirituality",20,"religion-spirituality",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":127,"show_sort_weight":124,"slug":128},"World Cup","world-cup",{"id":130,"doc_module":4,"doc_module_name":46,"category_name":131,"show_sort_weight":130,"slug":132},10,"Lifestyle","lifestyle",{"id":134,"doc_module":4,"doc_module_name":46,"category_name":135,"show_sort_weight":29,"slug":136},19,"General","general"]