Red Yellow Blue (RYB) Inside Global Development

RYB countries Placeholder
RYB countries
  • Blue – High Income
  • Yellow – Upper-middle Income
  • Red – Lower-middle and Low Income
The World Bank Group assigns the world’s economies to four income groups: low, lower-middle, upper-middle, and high. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year. GNI measures are expressed in United States dollars using conversion factors derived according to the Atlas method, which in its current form was introduced in 1989. The World Bank’s income classification aims to reflect a country’s level of development, drawing on Atlas GNI per capita as a broadly available indicator of economic capacity.

What is global development?

Global development is a term that is increasingly referred to, yet is often conflated with international development and is used with different implicit meanings > more