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Excel formula SUMIF not working correctly

I have a question on Excel sumifs formula. Please refer to the picture below.

  1. Why is the sum of category ">= USD 1 Bil" summing all the values in the value column?
  2. Why is the sum of category "<USD 1 Bil" summing the values of categories ">= USD 1 Bil" and "<USD 1 Bil"?

Thanks in advance for all your help.

EXCEL SUMIF QN

The issue arises because you are using operators such as >, >=, < etc. Use categories in words and it should work as expected.

Screenprint below for your reference

Sumifs

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