TNPSC Thervupettagam

World Bank Income Classification 2026

July 8 , 2026 7 hrs 0 min 11 0
  • The World Bank Group (WBG) released its annual Country Income Classifications for 2026–27 based on Gross National Income (GNI) per capita data for 2025.
  • The World Bank classifies countries into four categories: Low Income, Lower-Middle Income, Upper-Middle Income, and High Income.
  • India remains in the Lower-Middle Income category with a GNI per capita range of USD 1,176 to USD 4,635.
  • The classification uses the Atlas Method, which applies a three-year moving average of exchange rates to reduce short-term currency fluctuations.
  • Six countries moved to higher income categories, including Jordan, Micronesia, the Philippines, Sri Lanka, Vietnam, and Togo.
  • The share of low-income economies declined from 30% to 11% in 2026, affecting access to concessional finance and development assistance.

 

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