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FROM THE WORLD BANK DATABASE

Regional Summary Tables from the World Development Indicators 2001

The tables provided below contain the latest data for key development topics from the World Development Indicators database. All files are in PDF format.

Country comparisons: East Asia & Pacific (9K), Europe & Central Asia (9k PDF), Latin America & Caribbean (9K PDF), Middle East & North Africa (9k PDF), South Asia (8K PDF), Sub-Saharan Africa (10K PDF)


Classification of economies

A short history

Definitions of groups

Country groups
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
Sub-Saharan Africa
Low-income economies
Lower-middle-income economies
Upper-middle-income economies
High-income economies
High-income OECD members
Severely indebted
Moderately indebted
Less indebted
Not classified by indebtedness

Classification of economies

For operational and analytical purposes, the World Bank’s main criterion for classifying economies is gross national income (GNI) per capita. In previous editions of our publications, this term was referred to as gross national product, or GNI. (More about this change in terminology). Based on its GNI per capita, every economy is classified as low income, middle income (subdivided into lower middle and upper middle), or high income. Other analytical groups, based on geographic regions and levels of external debt, are also used.

Low-income and middle-income economies are sometimes referred to as developing economies. The use of the term is convenient; it is not intended to imply that all economies in the group are experiencing similar development or that other economies have reached a preferred or final stage of development. Classification by income does not necessarily reflect development status.

A short history

The Bank's analytical income categories (low, middle, high income) are based on the Bank's operational lending categories (civil works preferences, IDA eligibility, etc.). These operational guidelines were established three decades ago, based on the view that since poorer countries deserve better conditions from the Bank, comparative estimates of economic capacity needed to be established. GNI, a broad measure, was considered to be the best single indicator of economic capacity and progress; at the same time it was recognized that GNI does not, by itself, constitute or measure welfare or success in development. GNI per capita is therefore the Bank's main criterion of classifying countries.

The process of setting per capita income thresholds started with finding a stable relationship between a summary measure of wellbeing such as poverty incidence and infant mortality on the one hand and economic variables including per capita GNI estimated based on the Bank's Atlas method on the other. Based on such a relationship and the annual availability of Bank's resources, the original per capita income thresholds were established. Thereafter, the original thresholds have been updated every year to incorporate the effect of international inflation, which is now measured by the average inflation of the G-5 countries ("SDR deflator"). Thus, the thresholds remain constant in real terms over time. See a discussion on estimating internationally comparable per capita income numbers for the Bank's operational purposes.

The economies whose per capita GNI falls below the Bank's operational cutoff for "Civil Works Preference" are classified as low income economies, and those economies whose per capita GNI is higher than the Bank's operational threshold for 15-year IBRD Loans and lower than the threshold for High-income economies are classified as Upper-middle income economies.

But as late as 1989, there were some anomalies in the countries included in the middle-income group (a holdover of earlier listings of what constituted "developing" vs. "industrial" countries). An explicit benchmark between the middle-income and high-income countries was established in 1989 at $6,000 per capita in 1987 prices.

In general discussions in Bank reports, the term "developing economies" has been used to denote the set of low and middle income economies. Bank publications with notes on the classification of economies state that the term "developing economies... does not imply either that all the economies belonging to the group are actually in the process of developing, nor that those not in the group have necessarily reached some preferred or final stage of development."

Definitions of groups

These tables classify all World Bank member countries (183), and all other economies with populations of more than 30,000 (207 total).

Income group: Economies are divided according to 2000 GNI per capita, calculated using the World Bank Atlas method. The groups are: low income, $755 or less; lower middle income, $756- $2,995; upper middle income, $2,996- $9,265; and high income, $9,266 or more.

Indebtedness: Standard World Bank definitions of severe and moderate indebtedness are used to classify economies in this table. Severely indebted means either of the two key ratios is above critical levels: present value of debt service to GNI (80 percent) and present value of debt service to exports (220 percent). Moderately indebted means either of the two key ratios exceeds 60 percent of, but does not reach, the critical levels. For economies that do not report detailed debt statistics to the World Bank Debtor Reporting System (DRS), present-value calculation is not possible. Instead, the following methodology is used to classify the non-DRS economies. Severely indebted means three of four key ratios (averaged over 1997-99) are above critical levels: debt to GNI (50 percent); debt to exports (275 percent); debt service to exports (30 percent); and interest to exports (20 percent). Moderately indebted means three of the four key ratios exceed 60 percent of, but do not reach, the critical levels. All other classified low- and middle-income economies are listed as less-indebted.

Click here to download the country classification table in Excel format.

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East Asia and Pacific (developing only: 23)

American Samoa Lao PDR Philippines
Cambodia Malaysia Samoa
China Marshall Islands Solomon Islands
Fiji Micronesia, Fed. Sts Thailand
Indonesia Mongolia Tonga
Kiribati Myanmar Vanuatu
Korea, Dem. Rep. Palau Vietnam
Korea, Rep. Papua New Guinea  

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Europe and Central Asia (developing only: 28)

Albania Hungary Russian Federation
Armenia Isle of Man Slovak Republic
Azerbaijan Kazakhstan Tajikistan
Belarus Kyrgyz Republic Turkey
Bosnia and Herzegovina Latvia Turkmenistan
Bulgaria Lithuania Ukraine
Croatia Macedonia, FYR Uzbekistan
Czech Republic Moldova Yugoslavia, Fed. Rep.
Estonia Poland
Georgia Romania  

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Latin America and the Caribbean (developing only: 32)

Antigua and Barbuda Ecuador Paraguay
Argentina El Salvador Peru
Belize Grenada Puerto Rico
Bolivia Guatemala St. Kitts and Nevis
Brazil Guyana St. Lucia
Chile Haiti St. Vincent and the Grenadines
Colombia Honduras Suriname
Costa Rica Jamaica Trinidad and Tobago
Cuba Mexico Uruguay
Dominica Nicaragua Venezuela, RB
Dominican Republic Panama

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Middle East and North Africa (developing only: 16)

Algeria Jordan Syrian Arab Republic
Bahrain Lebanon Tunisia
Djibouti Libya West Bank and Gaza
Egypt, Arab Rep. Morocco Yemen, Rep.
Iran, Islamic Rep. Oman
Iraq Saudi Arabia

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South Asia (8)

Afghanistan India Pakistan
Bangladesh Maldives Sri Lanka
Bhutan Nepal

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Sub-Saharan Africa (developing only: 48)

Angola Gabon Niger
Benin Gambia, The Nigeria
Botswana Ghana Rwanda
Burkina Faso Guinea Sao Tome and Principe
Burundi Guinea-Bissau Senegal
Cameroon Kenya Seychelles
Cape Verde Lesotho Sierra Leone
Central African Republic Liberia Somalia
Chad Madagascar South Africa
Comoros Malawi Sudan
Congo, Dem. Rep. Mali Swaziland
Congo, Rep Mauritania Tanzania
Cote d'Ivoire Mauritius Togo
Equatorial Guinea Mayotte Uganda
Eritrea Mozambique Zambia
Ethiopia Namibia Zimbabwe

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Low-income economies (63)

Afghanistan Ghana Nicaragua
Angola Guinea Niger
Armenia Guinea-Bissau Nigeria
Azerbaijan Haiti Pakistan
Bangladesh India Rwanda
Benin Indonesia Sao Tome and Principe
Bhutan Kenya Senegal
Burkina Faso Korea, Dem Rep. Sierra Leone
Burundi Kyrgyz Republic Solomon Islands
Cambodia Lao PDR Somalia
Cameroon Lesotho Sudan
Central African Republic Liberia Tajikistan
Chad Madagascar Tanzania
Comoros Malawi Togo
Congo, Dem. Rep Mali Uganda
Congo, Rep. Mauritania Ukraine
Cote d'Ivoire Moldova Uzbekistan
Eritrea Mongolia Vietnam
Ethiopia Mozambique Yemen, Rep.
Gambia, The Myanmar Zambia
Georgia Nepal Zimbabwe

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Lower-middle-income economies (54)

Albania Guatemala Paraguay
Algeria Guyana Peru
Belarus Honduras Philippines
Belize Iran, Islamic Rep. Romania
Bolivia Iraq Russian Federation
Bosnia and Herzegovina Jamaica Samoa
Bulgaria Jordan Sri Lanka
Cape Verde Kazakhstan St. Vincent and the Grenadines
China Kiribati Suriname
Colombia Latvia Swaziland
Cuba Lithuania Syrian Arab Republic
Djibouti Macedonia, FYR Thailand
Dominican Republic Maldives Tonga
Ecuador Marshall Islands Tunisia
Egypt, Arab Rep. Micronesia, Fed. Sts. Turkmenistan
El Salvador Morocco Vanuatu
Equatorial Guinea Namibia West Bank and Gaza
Fiji Papua New Guinea Yugoslavia, Fed. Rep.

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Upper-middle-income economies (38)

American Samoa Grenada Poland
Antigua and Barbuda Hungary Puerto Rico
Argentina Isle of Man Saudi Arabia
Bahrain Korea, Rep. Seychelles
Botswana Lebanon Slovak Republic
Brazil Libya South Africa
Chile Malaysia St. Kitts and Nevis
Costa Rica Mauritius St. Lucia
Croatia Mayotte Trinidad and Tobago
Czech Republic Mexico Turkey
Dominica Oman Uruguay
Estonia Palau Venezuela, RB
Gabon Panama

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High-income economies (52)

Andorra Germany New Caledonia
Aruba Greece New Zealand
Australia Greenland Northern Mariana Islands
Austria Guam Norway
Bahamas, The Hong Kong, China Portugal
Barbados Iceland Qatar
Belgium Ireland San Marino
Bermuda Israel Singapore
Brunei Italy Slovenia
Canada Japan Spain
Cayman Islands Kuwait Sweden
Channel Islands Liechtenstein Switzerland
Cyprus Luxembourg United Arab Emirates
Denmark Macao, China United Kingdom
Faeroe Islands Malta United States
Finland Monaco Virgin Islands (U.S.)
France Netherlands
French Polynesia Netherlands Antilles

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High-income OECD members ( 23)

Australia Greece Norway
Austria Iceland Portugal
Belgium Ireland Spain
Canada Italy Sweden
Denmark Japan Switzerland
Finland Luxembourg United Kingdom
France Netherlands United States
Germany New Zealand

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Severely indebted (46)

Afghanistan Ethiopia Nicaragua
Angola Gabon Niger
Argentina Guinea Nigeria
Benin Guinea-Bissau Pakistan
Bolivia Guyana Peru
Bosnia and Herzegovina Indonesia Rwanda
Brazil Iraq Sao Tome and Principe
Bulgaria Jordan Sierra Leone
Burundi Kyrgyz Republic Somalia
Cameroon Lao PDR Sudan
Central African Republic Liberia Syrian Arab Republic
Comoros Madagascar Tanzania
Congo, Dem. Rep. Malawi Uganda
Congo, Rep. Mali Zambia
Cote d'Ivoire Mauritania
Cuba Myanmar

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Moderately indebted (43)

Algeria Honduras Samoa
Armenia Hungary Senegal
Bangladesh Jamaica St. Vincent and the Grenadines
Belize Kenya Thailand
Burkina Faso Lebanon Togo
Cambodia Malaysia Tunisia
Chad Mauritius Turkey
Chile Moldova Turkmenistan
Colombia Mongolia Uruguay
Ecuador Morocco Venezuela, RB
Estonia Mozambique Vietnam
Gambia, The Panama Yemen, Rep.
Georgia Papua New Guinea Zimbabwe
Ghana Philippines
Haiti Russian Federation

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Less indebted (57)

Albania Fiji Paraguay
Antigua and Barbuda Grenada Poland
Azerbaijan Guatemala Romania
Bahrain India Saudi Arabia
Belarus Iran, Islamic Rep. Seychelles
Bhutan Kazakhstan Slovak Republic
Botswana Kiribati Solomon Islands
Cape Verde Korea, Dem. Rep. South Africa
China Korea, Rep. Sri Lanka
Costa Rica Latvia St. Kitts and Nevis
Croatia Lesotho St. Lucia
Czech Republic Libya Suriname
Djibouti Lithuania Swaziland
Dominica Macedonia, FYR Tajikistan
Dominican Republic Maldives Tonga
Egypt, Arab Rep. Mexico Trinidad and Tobago
El Salvador Namibia Ukraine
Equatorial Guinea Nepal Vanuatu
Eritrea Oman Yugoslavia, Fed. Rep.

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Not classified by indebtedness (61)

American Samoa Greenland New Zealand
Andorra Guam Northern Mariana Islands
Aruba Hong Kong, China Norway
Australia Iceland Palau
Austria Ireland Portugal
Bahamas, The Isle of Man Puerto Rico
Barbados Israel Qatar
Belgium Italy San Marino
Bermuda Japan Singapore
Brunei Kuwait Slovenia
Canada Liechtenstein Spain
Cayman Islands Luxembourg Sweden
Channel Islands Macao, China Switzerland
Cyprus Malta United Arab Emirates
Denmark Marshall Islands United Kingdom
Faeroe Islands Mayotte United States
Finland Micronesia, Fed. Sts. Uzbekistan
France Monaco Virgin Islands (U.S.)
French Polynesia Netherlands West Bank and Gaza
Germany Netherlands Antilles
Greece New Caledonia

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