The list includes Algeria, Seychelles, Botswana, Cape Verde, Equatorial Guinea, Gabon, Libya, South Africa, Namibia, and Mauritius. The inclusion of Algeria in this category is attributed to several factors, most notably the diversification of its national income sources. Algeria no longer relies solely on the hydrocarbon sector but has enhanced its contribution to the GDP. According to this classification, the ten countries have succeeded in advancing to the upper income bracket, despite facing chronic economic issues such as unemployment, poverty, and reliance on raw material exports.
According to the 2025 classification, the number of countries globally classified as high-income is 93. Fifty-five countries are in the upper-middle-income bracket, 50 in the lower-middle-income bracket, and only 25 countries fall into the low-income category.
