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Use this URL for a direct listing of economies by the World Bank.  http://siteresources.worldbank.org/DATASTATISTICS/Resources/CLASS.XLS

Using the World Bank List of Economies was approved by IAWP as a fair guide to reduce fees for IAWP Membership and Annual IAWP Conference Registration for
residents of countries designated as “developing countries." Read the designations below to see which countries are deemed to be developing countries by the World Bank List of Economies. 
Effective July 18, 2011.  (Note: Countries are reviewed in June of a year and an updated spreadsheet is released in July.)

World Bank list of economies (18 July 2011)        
                 

(Bold indicates a change of classification)

   
                 
    Economy Code   Region Income group Lending category Other
                 
1   Afghanistan AFG   South Asia Low income IDA HIPC
2   Albania ALB   Europe & Central Asia Upper middle income IBRD  
3   Algeria DZA   Middle East & North Africa Upper middle income IBRD  
4   American Samoa ASM   East Asia & Pacific Upper middle income ..  
5   Andorra ADO   .. High income: nonOECD ..  
6   Angola AGO   Sub-Saharan Africa Lower middle income IDA  
7   Antigua and Barbuda ATG   Latin America & Caribbean Upper middle income IBRD  
8   Argentina ARG   Latin America & Caribbean Upper middle income IBRD  
9   Armenia ARM   Europe & Central Asia Lower middle income Blend  
10   Aruba ABW   .. High income: nonOECD ..  
11   Australia AUS   .. High income: OECD ..  
12   Austria AUT   .. High income: OECD .. EMU
13   Azerbaijan AZE   Europe & Central Asia Upper middle income IBRD  
14   Bahamas, The BHS   .. High income: nonOECD ..  
15   Bahrain BHR   .. High income: nonOECD ..  
16   Bangladesh BGD   South Asia Low income IDA  
17   Barbados BRB   .. High income: nonOECD ..  
18   Belarus BLR   Europe & Central Asia Upper middle income IBRD  
19   Belgium BEL   .. High income: OECD .. EMU
20   Belize BLZ   Latin America & Caribbean Lower middle income IBRD  
21   Benin BEN   Sub-Saharan Africa Low income IDA HIPC
22   Bermuda BMU   .. High income: nonOECD ..  
23   Bhutan BTN   South Asia Lower middle income IDA  
24   Bolivia BOL   Latin America & Caribbean Lower middle income Blend HIPC
25   Bosnia and Herzegovina BIH   Europe & Central Asia Upper middle income Blend  
26   Botswana BWA   Sub-Saharan Africa Upper middle income IBRD  
27   Brazil BRA   Latin America & Caribbean Upper middle income IBRD  
28   Brunei Darussalam BRN   .. High income: nonOECD ..  
29   Bulgaria BGR   Europe & Central Asia Upper middle income IBRD  
30   Burkina Faso BFA   Sub-Saharan Africa Low income IDA HIPC
31   Burundi BDI   Sub-Saharan Africa Low income IDA HIPC
32   Cambodia KHM   East Asia & Pacific Low income IDA  
33   Cameroon CMR   Sub-Saharan Africa Lower middle income IDA HIPC
34   Canada CAN   .. High income: OECD ..  
35   Cape Verde CPV   Sub-Saharan Africa Lower middle income Blend  
36   Cayman Islands CYM   .. High income: nonOECD ..  
37   Central African Republic CAF   Sub-Saharan Africa Low income IDA HIPC
38   Chad TCD   Sub-Saharan Africa Low income IDA HIPC
39   Channel Islands CHI   .. High income: nonOECD ..  
40   Chile CHL   Latin America & Caribbean Upper middle income IBRD  
41   China CHN   East Asia & Pacific Upper middle income IBRD  
42   Colombia COL   Latin America & Caribbean Upper middle income IBRD  
43   Comoros COM   Sub-Saharan Africa Low income IDA HIPC
44   Congo, Dem. Rep. ZAR   Sub-Saharan Africa Low income IDA HIPC
45   Congo, Rep. COG   Sub-Saharan Africa Lower middle income IDA HIPC
46   Costa Rica CRI   Latin America & Caribbean Upper middle income IBRD  
47   Côte d'Ivoire CIV   Sub-Saharan Africa Lower middle income IDA HIPC
48   Croatia HRV   .. High income: nonOECD IBRD  
49   Cuba CUB   Latin America & Caribbean Upper middle income ..  
50   Curaçao CUW   .. High income: nonOECD ..  
51   Cyprus CYP   .. High income: nonOECD .. EMU
52   Czech Republic CZE   .. High income: OECD ..  
53   Denmark DNK   .. High income: OECD ..  
54   Djibouti DJI   Middle East & North Africa Lower middle income IDA  
55   Dominica DMA   Latin America & Caribbean Upper middle income Blend  
56   Dominican Republic DOM   Latin America & Caribbean Upper middle income IBRD  
57   Ecuador ECU   Latin America & Caribbean Upper middle income IBRD  
58   Egypt, Arab Rep. EGY   Middle East & North Africa Lower middle income IBRD  
59   El Salvador SLV   Latin America & Caribbean Lower middle income IBRD  
60   Equatorial Guinea GNQ   .. High income: nonOECD IBRD  
61   Eritrea ERI   Sub-Saharan Africa Low income IDA HIPC
62   Estonia EST   .. High income: OECD .. EMU
63   Ethiopia ETH   Sub-Saharan Africa Low income IDA HIPC
64   Faeroe Islands FRO   .. High income: nonOECD ..  
65   Fiji FJI   East Asia & Pacific Lower middle income IBRD  
66   Finland FIN   .. High income: OECD .. EMU
67   France FRA   .. High income: OECD .. EMU
68   French Polynesia PYF   .. High income: nonOECD ..  
69   Gabon GAB   Sub-Saharan Africa Upper middle income IBRD  
70   Gambia, The GMB   Sub-Saharan Africa Low income IDA HIPC
71   Georgia GEO   Europe & Central Asia Lower middle income Blend  
72   Germany DEU   .. High income: OECD .. EMU
73   Ghana GHA   Sub-Saharan Africa Lower middle income IDA HIPC
74   Gibraltar GIB   .. High income: nonOECD ..  
75   Greece GRC   .. High income: OECD .. EMU
76   Greenland GRL   .. High income: nonOECD ..  
77   Grenada GRD   Latin America & Caribbean Upper middle income Blend  
78   Guam GUM   .. High income: nonOECD ..  
79   Guatemala GTM   Latin America & Caribbean Lower middle income IBRD  
80   Guinea GIN   Sub-Saharan Africa Low income IDA HIPC
81   Guinea-Bissau GNB   Sub-Saharan Africa Low income IDA HIPC
82   Guyana GUY   Latin America & Caribbean Lower middle income IDA HIPC
83   Haiti HTI   Latin America & Caribbean Low income IDA HIPC
84   Honduras HND   Latin America & Caribbean Lower middle income IDA HIPC
85   Hong Kong SAR, China HKG   .. High income: nonOECD ..  
86   Hungary HUN   .. High income: OECD ..  
87   Iceland ISL   .. High income: OECD ..  
88   India IND   South Asia Lower middle income Blend  
89   Indonesia IDN   East Asia & Pacific Lower middle income IBRD  
90   Iran, Islamic Rep. IRN   Middle East & North Africa Upper middle income IBRD  
91   Iraq IRQ   Middle East & North Africa Lower middle income IBRD  
92   Ireland IRL   .. High income: OECD .. EMU
93   Isle of Man IMY   .. High income: nonOECD ..  
94   Israel ISR   .. High income: OECD ..  
95   Italy ITA   .. High income: OECD .. EMU
96   Jamaica JAM   Latin America & Caribbean Upper middle income IBRD  
97   Japan JPN   .. High income: OECD ..  
98   Jordan JOR   Middle East & North Africa Upper middle income IBRD  
99   Kazakhstan KAZ   Europe & Central Asia Upper middle income IBRD  
100   Kenya KEN   Sub-Saharan Africa Low income IDA  
101   Kiribati KIR   East Asia & Pacific Lower middle income IDA  
102   Korea, Dem. Rep. PRK   East Asia & Pacific Low income ..  
103   Korea, Rep. KOR   .. High income: OECD IBRD  
104   Kosovo KSV   Europe & Central Asia Lower middle income IDA  
105   Kuwait KWT   .. High income: nonOECD ..  
106   Kyrgyz Republic KGZ   Europe & Central Asia Low income IDA HIPC
107   Lao PDR LAO   East Asia & Pacific Lower middle income IDA  
108   Latvia LVA   Europe & Central Asia Upper middle income ..  
109   Lebanon LBN   Middle East & North Africa Upper middle income IBRD  
110   Lesotho LSO   Sub-Saharan Africa Lower middle income IDA  
111   Liberia LBR   Sub-Saharan Africa Low income IDA HIPC
112   Libya LBY   Middle East & North Africa Upper middle income IBRD  
113   Liechtenstein LIE   .. High income: nonOECD ..  
114   Lithuania LTU   Europe & Central Asia Upper middle income ..  
115   Luxembourg LUX   .. High income: OECD .. EMU
116   Macao SAR, China MAC   .. High income: nonOECD ..  
117   Macedonia, FYR MKD   Europe & Central Asia Upper middle income IBRD  
118   Madagascar MDG   Sub-Saharan Africa Low income IDA HIPC
119   Malawi MWI   Sub-Saharan Africa Low income IDA HIPC
120   Malaysia MYS   East Asia & Pacific Upper middle income IBRD  
121   Maldives MDV   South Asia Upper middle income IDA  
122   Mali MLI   Sub-Saharan Africa Low income IDA HIPC
123   Malta MLT   .. High income: nonOECD .. EMU
124   Marshall Islands MHL   East Asia & Pacific Lower middle income IDA  
125   Mauritania MRT   Sub-Saharan Africa Lower middle income IDA HIPC
126   Mauritius MUS   Sub-Saharan Africa Upper middle income IBRD  
127   Mayotte MYT   Sub-Saharan Africa Upper middle income ..  
128   Mexico MEX   Latin America & Caribbean Upper middle income IBRD  
129   Micronesia, Fed. Sts. FSM   East Asia & Pacific Lower middle income IDA  
130   Moldova MDA   Europe & Central Asia Lower middle income IDA  
131   Monaco MCO   .. High income: nonOECD ..  
132   Mongolia MNG   East Asia & Pacific Lower middle income IDA  
133   Montenegro MNE   Europe & Central Asia Upper middle income IBRD  
134   Morocco MAR   Middle East & North Africa Lower middle income IBRD  
135   Mozambique MOZ   Sub-Saharan Africa Low income IDA HIPC
136   Myanmar MMR   East Asia & Pacific Low income IDA  
137   Namibia NAM   Sub-Saharan Africa Upper middle income IBRD  
138   Nepal NPL   South Asia Low income IDA  
139   Netherlands NLD   .. High income: OECD .. EMU
140   New Caledonia NCL   .. High income: nonOECD ..  
141   New Zealand NZL   .. High income: OECD ..  
142   Nicaragua NIC   Latin America & Caribbean Lower middle income IDA HIPC
143   Niger NER   Sub-Saharan Africa Low income IDA HIPC
144   Nigeria NGA   Sub-Saharan Africa Lower middle income IDA  
145   Northern Mariana Islands MNP   .. High income: nonOECD ..  
146   Norway NOR   .. High income: OECD ..  
147   Oman OMN   .. High income: nonOECD ..  
148   Pakistan PAK   South Asia Lower middle income Blend  
149   Palau PLW   East Asia & Pacific Upper middle income IBRD  
150   Panama PAN   Latin America & Caribbean Upper middle income IBRD  
151   Papua New Guinea PNG   East Asia & Pacific Lower middle income Blend  
152   Paraguay PRY   Latin America & Caribbean Lower middle income IBRD  
153   Peru PER   Latin America & Caribbean Upper middle income IBRD  
154   Philippines PHL   East Asia & Pacific Lower middle income IBRD  
155   Poland POL   .. High income: OECD IBRD  
156   Portugal PRT   .. High income: OECD .. EMU
157   Puerto Rico PRI   .. High income: nonOECD ..  
158   Qatar QAT   .. High income: nonOECD ..  
159   Romania ROM   Europe & Central Asia Upper middle income IBRD  
160   Russian Federation RUS   Europe & Central Asia Upper middle income IBRD  
161   Rwanda RWA   Sub-Saharan Africa Low income IDA HIPC
162   Samoa WSM   East Asia & Pacific Lower middle income IDA  
163   San Marino SMR   .. High income: nonOECD ..  
164   São Tomé and Principe STP   Sub-Saharan Africa Lower middle income IDA HIPC
165   Saudi Arabia SAU   .. High income: nonOECD ..  
166   Senegal SEN   Sub-Saharan Africa Lower middle income IDA HIPC
167   Serbia SRB   Europe & Central Asia Upper middle income IBRD  
168   Seychelles SYC   Sub-Saharan Africa Upper middle income IBRD  
169   Sierra Leone SLE   Sub-Saharan Africa Low income IDA HIPC
170   Singapore SGP   .. High income: nonOECD ..  
171   Sint Maarten (Dutch part) SXM   .. High income: nonOECD ..  
172   Slovak Republic SVK   .. High income: OECD .. EMU
173   Slovenia SVN   .. High income: OECD .. EMU
174   Solomon Islands SLB   East Asia & Pacific Lower middle income IDA  
175   Somalia SOM   Sub-Saharan Africa Low income IDA HIPC
176   South Africa ZAF   Sub-Saharan Africa Upper middle income IBRD  
177   Spain ESP   .. High income: OECD .. EMU
178   Sri Lanka LKA   South Asia Lower middle income Blend  
179   St. Kitts and Nevis KNA   Latin America & Caribbean Upper middle income IBRD  
180   St. Lucia LCA   Latin America & Caribbean Upper middle income Blend  
181   St. Martin (French part) MAF   .. High income: nonOECD ..  
182   St. Vincent and the Grenadines VCT   Latin America & Caribbean Upper middle income Blend  
183   Sudan SDN   Sub-Saharan Africa Lower middle income IDA HIPC
184   Suriname SUR   Latin America & Caribbean Upper middle income IBRD  
185   Swaziland SWZ   Sub-Saharan Africa Lower middle income IBRD  
186   Sweden SWE   .. High income: OECD ..  
187   Switzerland CHE   .. High income: OECD ..  
188   Syrian Arab Republic SYR   Middle East & North Africa Lower middle income IBRD  
189   Tajikistan TJK   Europe & Central Asia Low income IDA  
190   Tanzania TZA   Sub-Saharan Africa Low income IDA HIPC
191   Thailand THA   East Asia & Pacific Upper middle income IBRD  
192   Timor-Leste TMP   East Asia & Pacific Lower middle income IDA  
193   Togo TGO   Sub-Saharan Africa Low income IDA HIPC
194   Tonga TON   East Asia & Pacific Lower middle income IDA  
195   Trinidad and Tobago TTO   .. High income: nonOECD IBRD  
196   Tunisia TUN   Middle East & North Africa Upper middle income IBRD  
197   Turkey TUR   Europe & Central Asia Upper middle income IBRD  
198   Turkmenistan TKM   Europe & Central Asia Lower middle income IBRD  
199   Turks and Caicos Islands TCA   .. High income: nonOECD ..  
200   Tuvalu TUV   East Asia & Pacific Lower middle income ..  
201   Uganda UGA   Sub-Saharan Africa Low income IDA HIPC
202   Ukraine UKR   Europe & Central Asia Lower middle income IBRD  
203   United Arab Emirates ARE   .. High income: nonOECD ..  
204   United Kingdom GBR   .. High income: OECD ..  
205   United States USA   .. High income: OECD ..  
206   Uruguay URY   Latin America & Caribbean Upper middle income IBRD  
207   Uzbekistan UZB   Europe & Central Asia Lower middle income Blend  
208   Vanuatu VUT   East Asia & Pacific Lower middle income IDA  
209   Venezuela, RB VEN   Latin America & Caribbean Upper middle income IBRD  
210   Vietnam VNM   East Asia & Pacific Lower middle income Blend  
211   Virgin Islands (U.S.) VIR   .. High income: nonOECD ..  
212   West Bank and Gaza WBG   Middle East & North Africa Lower middle income ..  
213   Yemen, Rep. YEM   Middle East & North Africa Lower middle income IDA  
214   Zambia ZMB   Sub-Saharan Africa Lower middle income IDA HIPC
215   Zimbabwe ZWE   Sub-Saharan Africa Low income Blend  
                 
1   World WLD          
                 
2   Low income LIC          
3   Middle income MIC          
4     Lower middle income LMC          
5     Upper middle income UMC          
6   Low & middle income LMY          
7     East Asia & Pacific EAP          
8     Europe & Central Asia ECA          
9     Latin America & Caribbean LAC          
10     Middle East & North Africa MNA          
11     South Asia SAS          
12     Sub-Saharan Africa SSA          
13   High income HIC          
14     Euro area EMU          
15     High income: OECD OEC          
16     High income: nonOECD NOC          
17   Arab World ARB          
18   East Asia & Pacific (all income levels) EAS          
19   Europe & Central Asia (all income levels) ECS          
20   European Union EUU          
21   Heavily indebted poor countries (HIPC) HPC          
22   Latin America & the Caribbean (all income levels) LCN          
23   Least developed countries: UN classification LDC          
24   Middle East & North Africa (all income levels) MEA          
25   North America NAC          
26   OECD members OED          
27   Sub-Saharan Africa (all income levels) SSF          
                 
This table classifies all World Bank member economies, and all other economies with populations of more than 30,000. For operational and analytical purposes, economies are divided among income groups according to 2010 gross national income (GNI) per capita, calculated using the World Bank Atlas method. The groups are: low income, $1,005 or less; lower middle income, $1,006–3,975; upper middle income, $3,976–12,275; and high income, $12,276 or more. Other analytical groups based on geographic regions are also used. 
                 
Geographic classifications and data reported for geographic regions are for low-income and middle-income economies only. 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.
     
     
                 
Lending category: IDA countries are those that had a per capita income in 2010 of less than $1,175 and lack the financial ability to borrow from IBRD. IDA loans are deeply concessional—interest-free loans and grants for programs aimed at boosting economic growth and improving living conditions. IBRD loans are noncessional. Blend countries are eligible for IDA loans because of their low per capita incomes but are also eligible for IBRD loans because they are financially creditworthy.    
               
Note: Income classifications are in effect until 1 July 2012. August 2010 revision: Slovenia added to high income OECD. September 2010 revision: Israel added to high income OECD.

 

 
January 2011 revision: Estonia added to high income OECD and Euro area. 6 July 2011 revision: Lending status for Azerbaijan changed to IBRD; Marshall Islands and Micronesia,

 

 
Fed. Sts. to IDA; effective 1 July 2011. 18 July 2011 revision: Sri Lanka changed to Blend status.

 
                 
Netherlands Antilles ceased to exist on 10 October 2010. Curaçao and Sint Maarten became countries within the Kingdom of the Netherlands. Bonaire, St. Eustatius and Saba became special municipalities of the Netherlands. 
                 

 

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