02/07/2026
๐๐๐๐: ๐๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ ๐ก๐๐ฌ ๐จ๐๐๐ข๐๐ข๐๐ฅ๐ฅ๐ฒ ๐๐ง๐ญ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐ ๐๐๐ง๐คโ๐ฌ ๐๐ฉ๐ฉ๐๐ซ-๐๐ข๐๐๐ฅ๐ ๐๐ง๐๐จ๐ฆ๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ (๐๐๐๐) ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ.
The Department of Economy, Planning, and Development (DEPDev) said that this historic milestone is driven by sustained growth, sound macroeconomic management, and long-term structural reforms.
The World Bank confirmed the upgrade in its latest income assessment on Wednesday (July 1), reporting the Philippinesโ gross national income (GNI) per capita as $4,850, exceeding the $4,636 UMIC threshold.
The shift was underpinned by steady economic expansion, with Gross Domestic Product (GDP) growing by an average of 5.8 percent from 2021 to 2025. Strong performance across all industries raised GNI per capita by 8.5 percent in 2025, lifting the Philippines from the lower-middle into the upper-middle income category.
Read more: https://bit.ly/4beLZJ5
๐๐๐๐: ๐๐ก๐ ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฉ๐ข๐ง๐๐ฌ ๐ก๐๐ฌ ๐จ๐๐๐ข๐๐ข๐๐ฅ๐ฅ๐ฒ ๐๐ง๐ญ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐ฅ๐ ๐๐๐ง๐คโ๐ฌ ๐๐ฉ๐ฉ๐๐ซ-๐๐ข๐๐๐ฅ๐ ๐๐ง๐๐จ๐ฆ๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ (๐๐๐๐) ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ.
The Department of Economy, Planning, and Development (DEPDev) said that this historic milestone is driven by sustained growth, sound macroeconomic management, and long-term structural reforms.
The World Bank confirmed the upgrade in its latest income assessment on Wednesday (July 1), reporting the Philippinesโ gross national income (GNI) per capita as $4,850, exceeding the $4,636 UMIC threshold.
The shift was underpinned by steady economic expansion, with Gross Domestic Product (GDP) growing by an average of 5.8 percent from 2021 to 2025. Strong performance across all industries raised GNI per capita by 8.5 percent in 2025, lifting the Philippines from the lower-middle into the upper-middle income category.
Read more: https://bit.ly/4beLZJ5