The World Bank updates its income brackets every July 1, ranking economies by Gross National Income (GNI) per capita using the Atlas methodology.
The 2025 update covers 223 reporting economies (including dozens of small territories), painting a fresh picture of global prosperity.
The data for this visualization comes from the World Bank’s FY 2026 income classification release.
Overall, 40% of economies now sit in the high income camp, while the share of low income countries has fallen to just 12%.
Georgia is indeed classified as an upper-middle-income country. Visual Capitalist reported that Georgia is among the countries in this income group. This classification is based on the World Bank's income group definitions, which categorize countries based on their Gross National Income (GNI) per capita. Specifically, upper-middle-income countries have a GNI per capita between $4,496 and $13,935 in 2024, according to Our World in Data. Georgia's progression to this category is a result of factors like sound macroeconomic management and population changes.
