Building
(July 02 2026) A view of the buildings of Taguig and Makati were seen from Mndaluyong City. The World Bank Group's latest country income classifications, released July 1, moved the Philippines from lower-middle-income to upper-middle-income status based on 2025 gross national income per capita estimates. The nation achieved this status after its Gross National Income (GNI) per capita reached $4,850, exceeding the $4,636 threshold for this income bracket. Under the updated thresholds, upper-middle-income economies are those with GNI per capita of $4,636 to $14,375. Lower-middle-income economies are those with GNI per capita of $1,176 to $4,635, while high-income economies are those above $14,375. Photo/Analy Labor
