World Bank Reveals FY26 Country Income Classifications
Source: Understanding country income: World Bank Group income classifications for FY26 (July 1, 2025–June, 2026) (2025-07-02)
The World Bank Group has released its income classifications for the fiscal year 2026, providing updated insights into global economic standings. These classifications help understand the economic status of countries and guide development policies and aid distribution. This new categorization aims to improve clarity and support targeted interventions by distinguishing countries based on their income levels. The data underscores ongoing economic shifts worldwide and emphasizes the importance of accurate classification for global development efforts.