Improving Public Debt Management
In the OIC Member Countries
213
Appendix B: Country SamplesCountry classification is based on the World Bank method that divides countries into lowincome,
lower middle income, upper middleincome and highincome countries based on their Gross
National Income (GNI) per capita, using the World Bank Atlas method. Income thresholds change
over time. To reduce the number of groups lower middleincome and upper middleincome
countries are merged into one group labeled middleincome countries. Data start in 1987. For years
prior to 1987 it is assumed that countries belong to the same income group as in 1987. Countries
may move to another category over time. This list provides the country classification as of 2015.
The OIC member countries are written in bold.
High income:
Australia, Austria, Bahrain, Barbados, Belgium, Brunei Darussalam, Canada, Croatia, Cyprus,
Czech Republic, Denmark, Equatorial Guinea, Estonia, Finland, France, Germany, Greece, Hong
Kong SAR, Hungary, Iceland, Ireland, Israel, Italy, Korea, Kuwait, Luxembourg, Macao SAR,
Malta, Netherlands, New Zealand, Norway, Oman, Poland, Portugal, Puerto Rico, Qatar, San
Marino, Saudi Arabia, Singapore, Slovak Republic, Slovenia, Spain, Sweden, Switzerland,
Taiwan, The Bahamas, Trinidad and Tobago, United Arab Emirates, United Kingdom, United
States.
Middle income:
Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Azerbaijan, Bangladesh,
Belarus, Belize, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Cabo
Verde, Cameroon, Chile, China, Colombia, Congo, Rep., Costa Rica, Côte d'Ivoire, Djibouti,
Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Fiji, Gabon, Georgia, Ghana,
Grenada, Guatemala, Guyana, Honduras, India, Indonesia , Iran, Iraq, Jamaica, Jordan,
Kazakhstan, Kiribati, Kosovo, Lao, PDR, Latvia, Lebanon, Lesotho, Libya, Lithuania,
Macedonia, FYR, Malaysia, Maldives, Marshall Islands, Mauritania, Mauritius, Mexico,
Micronesia, Moldova, Montenegro, Morocco, Namibia, Nicaragua, Nigeria, Pakistan,
Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Romania, Russia, Samoa,
Sao Tome and Principe, Senegal, Serbia, Seychelles, Solomon Islands, South Africa, Sri Lanka,
St. Lucia, St. Vincent and the Grenadines, Sudan, Suriname, Swaziland, Syria, Thailand,
Tunisia, Turkey, Turkmenistan, Tuvalu, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela,
Vietnam, Yemen, Zambia.
Low income:
Afghanistan, Benin, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad,
Comoros, Congo, Dem. Rep., Eritrea, Ethiopia, Gambia, Guinea , Guinea-Bissau, Haiti, Kenya,
Kyrgyz Republic, Liberia, Madagascar, Malawi, Mali, Mozambique, Myanmar, Nepal, Niger,
Rwanda, Sierra Leone, Tajikistan, Tanzania, Togo, Uganda, Zimbabwe.