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

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

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-middl…