Episode 20: Cape Verde Joins Upper-Middle-Income Group as Namibia Slips — World Bank Report cover art

Episode 20: Cape Verde Joins Upper-Middle-Income Group as Namibia Slips — World Bank Report

Episode 20: Cape Verde Joins Upper-Middle-Income Group as Namibia Slips — World Bank Report

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Cape Verde Climbs Income Ladder as Namibia Drops — World Bank 2025 Update

The World Bank’s latest global income classification has seen Cape Verde upgraded to an upper-middle-income country, thanks to impressive economic strides, while Namibia has been downgraded due to declining income levels and rising fiscal challenges.

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