Global income map, here is where Albania is / The World Bank ranks us among upper middle-income economies
The World Bank has published its latest ranking of economies by income level, with Albania continuing to be ranked in the upper middle income group. The ranking is based on gross national income (GNI) per capita, according to the Atlas methodology, and is also reflected in an analysis published by Visual Capitalist.
In the update for fiscal year 2027, Albania falls into the same category as some of the countries in the region. In total, out of 218 economies analyzed, 59 are classified as upper-middle-income countries, 87 as high-income countries, 47 as lower-middle-income countries, and 25 as low-income countries.
According to the World Bank, an economy is considered upper-middle-income when its GNI per capita ranges from $4,636 to $14,375. These thresholds are updated annually to take into account inflation, exchange rates, population, and the latest data on economic output.
Classifications are widely used by governments, researchers, and international organizations to compare the economic development of countries and to guide development policies.
This year's update brought six changes to the rankings. Jordan, Micronesia, the Philippines, Sri Lanka and Vietnam moved from lower-middle-income to upper-middle-income, while Togo moved from low-income to lower-middle-income.
However, the World Bank emphasizes that this classification does not fully reflect the well-being of citizens. Two countries can be in the same income category, but have very different levels of wages, cost of living, economic inequality, and purchasing power. For this reason, income groups serve as a general indicator of economic development and not as a direct measure of living standards.
Most low-income economies are concentrated in West, Central, and parts of East Africa, along with Yemen and a small number of fragile states elsewhere. There is no single explanation for this pattern. Many economies face overlapping challenges, including conflict, weak institutions, infrastructure gaps, and limited productivity growth. Over time, these structural factors can slow gains in per capita income.
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