MANILA, Philippines — The Philippines has attained upper-middle-income status, the World Bank said on Wednesday, marking a long-sought milestone that underscores the country’s economic gains

The World Bank upgrade marks a long-sought economic milestone for the Philippines, but high prices, underemployment, and income inequality continue to plague millions of Filipinos

Philippines achieves upper-middle income status after years of robust growth. Experts warn the hardest work lies ahead to avoid the middle-income trap.

The Philippines has achieved the upper-middle income status, says the World Bank. – FILE PHOTO MANILA, Philippines – The Philippines is now an upper-middle income country,…

Executive Secretary Ralph Recto INQUIRER PHOTO / NIÑO JESUS ORBETA @abris_ej MANILA, Philippines – Executive Secretary Ralph G. Recto welcomed the Philippines’ elevation…

MANILA: The Philippines has been reclassified by the World Bank as an upper-middle income country — a target it has been trying to achieve since the 1980s — after posting a record…

Composite image from INQUIRER/AFP files photos. MANILA, Philippines — The Philippines has officially attained upper-middle-income status under the World Bank’s latest income…

Finance Secretary Frederick Go MANILA, Philippines – Finance Secretary Frederick Go welcomed the Philippines’ attainment of upper middle-income status, saying the milestone…

Vietnam and the Philippines have officially joined the upper-middle income bracket, a significant upgrade by the World Bank following years of robust economic growth. This…

MANILA, Philippines — The Philippines has attained upper-middle-income status, the World Bank said on Wednesday, marking a long-sought milestone that underscores the country’s…

President Ferdinand Marcos Jr., in a video posted on social media on Thursday, July 2, 2026, said the Philippines’ new status as an upper-middle-income country is an affirmation…

MANILA, Philippines — The Philippines has finally crossed into upper-middle income status—after nearly four decades as a lower-middle-income economy. Yet for many Filipinos still…

This milestone is real, and it took decades of work by millions of Filipinos, not any single administration

Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

The Philippines has officially entered the World Bank’s upper-middle-income category, with its gross national income per capita reaching $4,850, exceeding the $4,636 threshold in…