Cape Verde has officially been reclassified as an upper middle-income country, according to the criteria of the World Bank Group. The new classification was published on Tuesday, July 1, 2025 by the institution. This reclassification is mainly due to a significant increase of 16.8% in gross national income (GNI) per capita between 2023 and 2024…....
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Cape Verde becomes an upper middle-income country (World Bank)
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