World Bank list of economies (June 2018)
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1 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 AND Europe & Central Asia High income.. 6 Angola AGO Sub-Saharan Africa Lower middle income IBRD 7 Antigua and Barbuda ATG Latin America & Caribbean High income IBRD 8 Argentina ARG Latin America & Caribbean High income IBRD 9 Armenia ARM Europe & Central Asia Upper middle income IBRD 10 Aruba ABW Latin America & Caribbean High income.. 11 Australia AUS East Asia & Pacific High income.. 12 Austria AUT Europe & Central Asia High income.. EMU 13 Azerbaijan AZE Europe & Central Asia Upper middle income IBRD 14 Bahamas, The BHS Latin America & Caribbean High income.. 15 Bahrain BHR Middle East & North Africa High income.. 16 Bangladesh BGD South Asia Lower middle income IDA 17 Barbados BRB Latin America & Caribbean High income.. 18 Belarus BLR Europe & Central Asia Upper middle income IBRD 19 Belgium BEL Europe & Central Asia High income.. EMU 20 Belize BLZ Latin America & Caribbean Upper middle income IBRD 21 Benin BEN Sub-Saharan Africa Low income IDA HIPC 22 Bermuda BMU North America High income.. 23 Bhutan BTN South Asia Lower middle income IDA 24 Bolivia BOL Latin America & Caribbean Lower middle income IBRD HIPC 25 Bosnia and Herzegovina BIH Europe & Central Asia Upper middle income IBRD 26 Botswana BWA Sub-Saharan Africa Upper middle income IBRD 27 Brazil BRA Latin America & Caribbean Upper middle income IBRD 28 British Virgin Islands VGB Latin America & Caribbean High income.. 29 Brunei Darussalam BRN East Asia & Pacific High income.. 30 Bulgaria BGR Europe & Central Asia Upper middle income IBRD 31 Burkina Faso BFA Sub-Saharan Africa Low income IDA HIPC 32 Burundi BDI Sub-Saharan Africa Low income IDA HIPC 33 Cabo Verde CPV Sub-Saharan Africa Lower middle income Blend 34 Cambodia KHM East Asia & Pacific Lower middle income IDA 35 Cameroon CMR Sub-Saharan Africa Lower middle income Blend HIPC 36 Canada CAN North America High income.. 37 Cayman Islands CYM Latin America & Caribbean High income.. 38 Central African Republic CAF Sub-Saharan Africa Low income IDA HIPC 39 Chad TCD Sub-Saharan Africa Low income IDA HIPC 40 Channel Islands CHI Europe & Central Asia High income.. 41 Chile CHL Latin America & Caribbean High income IBRD 42 China CHN East Asia & Pacific Upper middle income IBRD 43 Colombia COL Latin America & Caribbean Upper middle income IBRD 44 Comoros COM Sub-Saharan Africa Low income IDA HIPC 1
2 45 Congo, Dem. Rep. COD Sub-Saharan Africa Low income IDA HIPC 46 Congo, Rep. COG Sub-Saharan Africa Lower middle income Blend HIPC 47 Costa Rica CRI Latin America & Caribbean Upper middle income IBRD 48 Côte d'ivoire CIV Sub-Saharan Africa Lower middle income IDA HIPC 49 Croatia HRV Europe & Central Asia High income IBRD 50 Cuba CUB Latin America & Caribbean Upper middle income.. 51 Curaçao CUW Latin America & Caribbean High income.. 52 Cyprus CYP Europe & Central Asia High income.. EMU 53 Czech Republic CZE Europe & Central Asia High income.. 54 Denmark DNK Europe & Central Asia High income.. 55 Djibouti DJI Middle East & North Africa Lower middle income IDA 56 Dominica DMA Latin America & Caribbean Upper middle income Blend 57 Dominican Republic DOM Latin America & Caribbean Upper middle income IBRD 58 Ecuador ECU Latin America & Caribbean Upper middle income IBRD 59 Egypt, Arab Rep. EGY Middle East & North Africa Lower middle income IBRD 60 El Salvador SLV Latin America & Caribbean Lower middle income IBRD 61 Equatorial Guinea GNQ Sub-Saharan Africa Upper middle income IBRD 62 Eritrea ERI Sub-Saharan Africa Low income IDA HIPC 63 Estonia EST Europe & Central Asia High income.. EMU 64 Ethiopia ETH Sub-Saharan Africa Low income IDA HIPC 65 Faroe Islands FRO Europe & Central Asia High income.. 66 Fiji FJI East Asia & Pacific Upper middle income IBRD 67 Finland FIN Europe & Central Asia High income.. EMU 68 France FRA Europe & Central Asia High income.. EMU 69 French Polynesia PYF East Asia & Pacific High income.. 70 Gabon GAB Sub-Saharan Africa Upper middle income IBRD 71 Gambia, The GMB Sub-Saharan Africa Low income IDA HIPC 72 Georgia GEO Europe & Central Asia Lower middle income IBRD 73 Germany DEU Europe & Central Asia High income.. EMU 74 Ghana GHA Sub-Saharan Africa Lower middle income IDA HIPC 75 Gibraltar GIB Europe & Central Asia High income.. 76 Greece GRC Europe & Central Asia High income.. EMU 77 Greenland GRL Europe & Central Asia High income.. 78 Grenada GRD Latin America & Caribbean Upper middle income Blend 79 Guam GUM East Asia & Pacific High income.. 80 Guatemala GTM Latin America & Caribbean Upper middle income IBRD 81 Guinea GIN Sub-Saharan Africa Low income IDA HIPC 82 Guinea-Bissau GNB Sub-Saharan Africa Low income IDA HIPC 83 Guyana GUY Latin America & Caribbean Upper middle income IDA HIPC 84 Haiti HTI Latin America & Caribbean Low income IDA HIPC 85 Honduras HND Latin America & Caribbean Lower middle income IDA HIPC 86 Hong Kong SAR, China HKG East Asia & Pacific High income.. 87 Hungary HUN Europe & Central Asia High income.. 88 Iceland ISL Europe & Central Asia High income.. 2
3 89 India IND South Asia Lower middle income IBRD 90 Indonesia IDN East Asia & Pacific Lower middle income IBRD 91 Iran, Islamic Rep. IRN Middle East & North Africa Upper middle income IBRD 92 Iraq IRQ Middle East & North Africa Upper middle income IBRD 93 Ireland IRL Europe & Central Asia High income.. EMU 94 Isle of Man IMN Europe & Central Asia High income.. 95 Israel ISR Middle East & North Africa High income.. 96 Italy ITA Europe & Central Asia High income.. EMU 97 Jamaica JAM Latin America & Caribbean Upper middle income IBRD 98 Japan JPN East Asia & Pacific High income.. 99 Jordan JOR Middle East & North Africa Upper middle income IBRD 100 Kazakhstan KAZ Europe & Central Asia Upper middle income IBRD 101 Kenya KEN Sub-Saharan Africa Lower middle income Blend 102 Kiribati KIR East Asia & Pacific Lower middle income IDA 103 Korea, Dem. People's Rep. PRK East Asia & Pacific Low income Korea, Rep. KOR East Asia & Pacific High income Kosovo XKX Europe & Central Asia Lower middle income IDA 106 Kuwait KWT Middle East & North Africa High income Kyrgyz Republic KGZ Europe & Central Asia Lower middle income IDA 108 Lao PDR LAO East Asia & Pacific Lower middle income IDA 109 Latvia LVA Europe & Central Asia High income.. EMU 110 Lebanon LBN Middle East & North Africa Upper middle income IBRD 111 Lesotho LSO Sub-Saharan Africa Lower middle income IDA 112 Liberia LBR Sub-Saharan Africa Low income IDA HIPC 113 Libya LBY Middle East & North Africa Upper middle income IBRD 114 Liechtenstein LIE Europe & Central Asia High income Lithuania LTU Europe & Central Asia High income.. EMU 116 Luxembourg LUX Europe & Central Asia High income.. EMU 117 Macao SAR, China MAC East Asia & Pacific High income Macedonia, FYR MKD Europe & Central Asia Upper middle income IBRD 119 Madagascar MDG Sub-Saharan Africa Low income IDA HIPC 120 Malawi MWI Sub-Saharan Africa Low income IDA HIPC 121 Malaysia MYS East Asia & Pacific Upper middle income IBRD 122 Maldives MDV South Asia Upper middle income IDA 123 Mali MLI Sub-Saharan Africa Low income IDA HIPC 124 Malta MLT Middle East & North Africa High income.. EMU 125 Marshall Islands MHL East Asia & Pacific Upper middle income IDA 126 Mauritania MRT Sub-Saharan Africa Lower middle income IDA HIPC 127 Mauritius MUS Sub-Saharan Africa Upper middle income IBRD 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 Blend 131 Monaco MCO Europe & Central Asia High income Mongolia MNG East Asia & Pacific Lower middle income Blend 3
4 133 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 Lower middle income IDA 137 Namibia NAM Sub-Saharan Africa Upper middle income IBRD 138 Nauru NRU East Asia & Pacific Upper middle income IBRD 139 Nepal NPL South Asia Low income IDA 140 Netherlands NLD Europe & Central Asia High income.. EMU 141 New Caledonia NCL East Asia & Pacific High income New Zealand NZL East Asia & Pacific High income Nicaragua NIC Latin America & Caribbean Lower middle income IDA HIPC 144 Niger NER Sub-Saharan Africa Low income IDA HIPC 145 Nigeria NGA Sub-Saharan Africa Lower middle income Blend 146 Northern Mariana Islands MNP East Asia & Pacific High income Norway NOR Europe & Central Asia High income Oman OMN Middle East & North Africa High income Pakistan PAK South Asia Lower middle income Blend 150 Palau PLW East Asia & Pacific High income IBRD 151 Panama PAN Latin America & Caribbean High income IBRD 152 Papua New Guinea PNG East Asia & Pacific Lower middle income Blend 153 Paraguay PRY Latin America & Caribbean Upper middle income IBRD 154 Peru PER Latin America & Caribbean Upper middle income IBRD 155 Philippines PHL East Asia & Pacific Lower middle income IBRD 156 Poland POL Europe & Central Asia High income IBRD 157 Portugal PRT Europe & Central Asia High income.. EMU 158 Puerto Rico PRI Latin America & Caribbean High income Qatar QAT Middle East & North Africa High income Romania ROU Europe & Central Asia Upper middle income IBRD 161 Russian Federation RUS Europe & Central Asia Upper middle income IBRD 162 Rwanda RWA Sub-Saharan Africa Low income IDA HIPC 163 Samoa WSM East Asia & Pacific Upper middle income IDA 164 San Marino SMR Europe & Central Asia High income São Tomé and Principe STP Sub-Saharan Africa Lower middle income IDA HIPC 166 Saudi Arabia SAU Middle East & North Africa High income Senegal SEN Sub-Saharan Africa Low income IDA HIPC 168 Serbia SRB Europe & Central Asia Upper middle income IBRD 169 Seychelles SYC Sub-Saharan Africa High income IBRD 170 Sierra Leone SLE Sub-Saharan Africa Low income IDA HIPC 171 Singapore SGP East Asia & Pacific High income Sint Maarten (Dutch part) SXM Latin America & Caribbean High income Slovak Republic SVK Europe & Central Asia High income.. EMU 174 Slovenia SVN Europe & Central Asia High income.. EMU 175 Solomon Islands SLB East Asia & Pacific Lower middle income IDA 176 Somalia SOM Sub-Saharan Africa Low income IDA HIPC 4
5 177 South Africa ZAF Sub-Saharan Africa Upper middle income IBRD 178 South Sudan SSD Sub-Saharan Africa Low income IDA 179 Spain ESP Europe & Central Asia High income.. EMU 180 Sri Lanka LKA South Asia Lower middle income IBRD 181 St. Kitts and Nevis KNA Latin America & Caribbean High income IBRD 182 St. Lucia LCA Latin America & Caribbean Upper middle income Blend 183 St. Martin (French part) MAF Latin America & Caribbean High income St. Vincent and the Grenadines VCT Latin America & Caribbean Upper middle income Blend 185 Sudan SDN Sub-Saharan Africa Lower middle income IDA HIPC 186 Suriname SUR Latin America & Caribbean Upper middle income IBRD 187 Swaziland SWZ Sub-Saharan Africa Lower middle income IBRD 188 Sweden SWE Europe & Central Asia High income Switzerland CHE Europe & Central Asia High income Syrian Arab Republic SYR Middle East & North Africa Low income IDA 191 Taiwan, China TWN East Asia & Pacific High income Tajikistan TJK Europe & Central Asia Low income IDA 193 Tanzania TZA Sub-Saharan Africa Low income IDA HIPC 194 Thailand THA East Asia & Pacific Upper middle income IBRD 195 Timor-Leste TLS East Asia & Pacific Lower middle income Blend 196 Togo TGO Sub-Saharan Africa Low income IDA HIPC 197 Tonga TON East Asia & Pacific Upper middle income IDA 198 Trinidad and Tobago TTO Latin America & Caribbean High income IBRD 199 Tunisia TUN Middle East & North Africa Lower middle income IBRD 200 Turkey TUR Europe & Central Asia Upper middle income IBRD 201 Turkmenistan TKM Europe & Central Asia Upper middle income IBRD 202 Turks and Caicos Islands TCA Latin America & Caribbean High income Tuvalu TUV East Asia & Pacific Upper middle income IDA 204 Uganda UGA Sub-Saharan Africa Low income IDA HIPC 205 Ukraine UKR Europe & Central Asia Lower middle income IBRD 206 United Arab Emirates ARE Middle East & North Africa High income United Kingdom GBR Europe & Central Asia High income United States USA North America High income Uruguay URY Latin America & Caribbean High income IBRD 210 Uzbekistan UZB Europe & Central Asia Lower middle income Blend 211 Vanuatu VUT East Asia & Pacific Lower middle income IDA 212 Venezuela, RB VEN Latin America & Caribbean Upper middle income IBRD 213 Vietnam VNM East Asia & Pacific Lower middle income IBRD 214 Virgin Islands (U.S.) VIR Latin America & Caribbean High income West Bank and Gaza PSE Middle East & North Africa Lower middle income Yemen, Rep. YEM Middle East & North Africa Low income IDA 217 Zambia ZMB Sub-Saharan Africa Lower middle income IDA HIPC 218 Zimbabwe ZWE Sub-Saharan Africa Low income Blend 5
6 1 Arab World ARB 2 Caribbean small states CSS 3 Central Europe and the Baltics CEB 4 Early-demographic dividend EAR 5 East Asia & Pacific EAS 6 East Asia & Pacific (excluding high income) EAP 7 East Asia & Pacific (IDA & IBRD) TEA 8 Euro area EMU 9 Europe & Central Asia ECS 10 Europe & Central Asia (excluding high income) ECA 11 Europe & Central Asia (IDA & IBRD) TEC 12 European Union EUU 13 Fragile and conflict affected situations FCS 14 Heavily indebted poor countries (HIPC) HPC 15 High income HIC 16 IBRD only IBD 17 IDA & IBRD total IBT 18 IDA blend IDB 19 IDA only IDX 20 IDA total IDA 21 Late-demographic dividend LTE 22 Latin America & Caribbean LCN 23 Latin America & Caribbean (excluding high income) LAC 24 Latin America & Caribbean (IDA & IBRD) TLA 25 Least developed countries: UN classification LDC 26 Low & middle income LMY 27 Low income LIC 28 Lower middle income LMC 29 Middle East & North Africa MEA 30 Middle East & North Africa (excluding high income) MNA 31 Middle East & North Africa (IDA & IBRD) TMN 32 Middle income MIC 33 North America NAC 34 OECD members OED 35 Other small states OSS 36 Pacific island small states PSS 37 Post-demographic dividend PST 38 Pre-demographic dividend PRE 39 Small states SST 40 South Asia SAS 41 South Asia (IDA & IBRD) TSA 42 Sub-Saharan Africa SSF 43 Sub-Saharan Africa (excluding high income) SSA 44 Sub-Saharan Africa (IDA & IBRD) TSS 45 Upper middle income UMC 46 World WLD 6
7 This table classifies all World Bank member countries (189), and all other economies with populations of more than 30,000. For operational and analytical purposes, economies are divided among income groups according to 2017 gross national income (GNI) per capita, calculated using the World Bank Atlas method. The groups are: low income, $995 or less; lower middle income, $996 3,895; upper middle income, $3,896 12,055; and high income, $12,056 or more. The effective operational cutoff for IDA eligibility is $1,145 or less. Geographic classifications in this table cover all income levels. IDA countries are those that lack the financial ability to borrow from IBRD. IDA credits 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 credits because of their low per capita incomes but are also eligible for IBRD because they are financially creditworthy. Note: The term country, used interchangeably with economy, does not imply political independence but refers to any territory for which authorities report separate social or economic statistics. Income classifications set on 1 July 2018 remain in effect until 1 July Argentina, which was temporarily unclassified in July 2016 pending release of revised national accounts statistics, was classified as upper middle income for FY17 as of 29 September 2016 based on alternative conversion factors. Also effective 29 September 2016, Syrian Arab Republic is reclassified from IBRD lending category to IDA-only. On 29 March 2017, new country codes were introduced to align World Bank 3-letter codes with ISO 3-letter codes: Andorra (AND), Dem. Rep. Congo (COD), Isle of Man (IMN), Kosovo (XKX), Romania (ROU), Timor-Leste (TLS), and West Bank and Gaza (PSE). 7
Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile
Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)
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