The classification scheme used in the preparation of this Report is as follows.1Industrial countries comprise: Australia. Germany, Fed. Finland. Italy. France. For example, the IMF defines balance of payments transactions as occuring between residents and non-residents of countries, where a resident is defined as an economic unit with a center of economic interest in the country of one year or longer. Switzerland. Your browser is not up-to-date.

Norway. New Zealand. For optimum experience we recommend to update your browser to the latest version. Denmark. Spain. Iceland. Netherlands. The list of countries here shows emergency financing approved by the IMF’s Executive Board. Advanced Economies are sub-catergorised into Euro Area, Major Advanced Economies (G7), Newly Industrialized Asian Economies, Other Advanced Economies (Advanced Economies excluding G7 and Euro Area), and the European Union. Updated country income classifications for the World Bank’s 2020 fiscal year are available here. The World Bank classifies the world's economies into four income groups — high, upper-middle, lower-middle, and low. The latter is not included here because its association of developed countries with countries with both high incomes and developed markets is not deemed as directly relevant. These systems are found lacking in clarity with regard to their underlying rationale. United States Sweden. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year. Luxembourg. Austria. Canada. The IMF refers to the classification of countries as Advanced and Emerging and Developing Economies. Summary: The paper analyzes how the UNDP, the World Bank, and the IMF classify countries based on their level of development. Japan. The IMF is providing emergency financial assistance and debt relief to member countries facing the economic impact of the COVID-19 pandemic. Ireland. Rep. of. Some institutions have produced lists of developed countries: the UN (list shown above), the CIA, and some providers of stock market indices (the FTSE Group, MSCI, S&P, Dow Jones, STOXX, etc.). Belgium. United Kingdom. We base this assignment on Gross National Income (GNI) per capita (current US$) calculated using the Atlas method.


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