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By Spy Uganda
The World Bank’s latest country income classifications show Uganda remains a low-income economy under its Gross National Income per capita methodology, even as the country records strong economic growth and a favourable medium-term outlook.
The Bank’s latest Country Income Classifications, released on July 1, place Uganda among 25 low-income economies for the 2027 fiscal year.
While the government has celebrated transitioning into the lower-middle-income threshold (> $1,136) in recent years, the World Bank’s global metrics maintain the country’s low-income status due to rapid population growth and high dependency ratio.
Countries in this category have a Gross National Income (GNI) per capita of $1,175 or less, calculated using the World Bank’s Atlas methodology based on 2025 data.
Uganda joins countries including the Democratic Republic of Congo, Ethiopia, Somalia, South Sudan, Sudan, Burundi and Malawi in the lowest income bracket.
The classification is significant because it comes shortly after the President’s June 4 State of the Nation Address, in which he said Uganda had crossed the lower-middle-income threshold after decades of economic expansion, poverty reduction, export growth and movement of households into the money economy.
But the World Bank’s own yardstick, which is based on Gross National Income per capita rather than Gross Domestic Product per capita, shows that Uganda has not yet crossed the internationally recognised threshold.
For the World Bank’s 2027 fiscal year, which runs from July 2026 to June 2027, low-income economies are those with a GNI per capita of US$1,175 or less.
Lower-middle-income economies are those with a GNI per capita of US$1,176 to US$4,635. Upper-middle-income economies range from US$4,636 to US$14,375, while high-income economies are those above US$14,375.Source: Chimp reports
, https://www.spyuganda.com/world-bank-ranks-uganda-drc-burundi-sudan-as-low-income-economies/
