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International Business Times UK
International Business Times UK
World
Bernadette B. Tixon

Togo Joins World Bank's Higher Income Bracket as Five Other Nations Also Climb the Rankings While Others Stay Put

Motorcycle taxi traffic along the beach in Lomé, Togo. The country moved into the World Bank's lower-middle income bracket this year after a census revised its population estimate downward (Credit: Rtemanou/WikiMedia Commons)

Togo has moved up the World Bank's global income rankings, becoming one of six countries reclassified in the lender's latest annual update. The shift, effective from 1 July 2026, pushes the West African nation from low income to lower-middle income status, though the reason behind it has little to do with economic growth.

The World Bank's Development Data Group reviews GNI per capita for 218 economies annually, sorting them into low, lower-middle, upper-middle and high income brackets. This year's edition covers 218 countries and serves as a global reference until June 2027. None of the countries assessed moved down. The remaining 212 economies simply stayed where they were.

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