New Delhi, July 3 -- Six countries moved into higher income categories this year, with five shifting from lower-middle to upper-middle income status and one moving from low to lower-middle income, according to the World Bank Group.

The World Bank's Development Data Group said no country moved to a lower income category in its latest annual classification.

Jordan, Micronesia, the Philippines, Sri Lanka and Vietnam were reclassified as upper-middle-income economies, while Togo moved from the low-income to the lower-middle-income category.

The classification is based on Gross National Income (GNI) per capita estimates for the previous calendar year, using the Atlas method to reduce the impact of short-term exchange rate fluctuations.

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