The World Bank published its country income classifications for 2023–24 on June 30.

It sorts more than 210 countries and territories into four income classes: low, lower-middle, upper-middle and high, defined by gross national income per capita. The new classification changed the categories for a small number of few states and territories.

The boundaries for each tranche were increased by somewhat less than 5% to account for inflation. The upper boundary of the low income category increased