New country classifications by income level: 2019-2020

Updated country income classifications for the World Bank’s 2020 fiscal year are available World Bank buildinghere.

The World Bank classifies the world’s economies into four income groups — high, upper-middle, lower-middle, and low. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method. The classification is updated each year on July 1st.

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