Countries with a Developing Economy

Countries with economies defined as low-income, lower-middle-income and upper-middle-income, as well as those falling under the International Bank for Reconstruction and Development (IBRD) lending category, as defined by the World Bank (as per 3 November 2025):

East Asia and Pacific
Cambodia  Marshall Islands  Samoa
China  Micronesia, Fed. Sts   Solomon Islands
Fiji  Mongolia  Thailand
Indonesia  Myanmar  Timor-Leste
Kiribati  Nauru  Tuvalu
Korea, Dem. People's Rep.  Palau  Tonga
Lao PDR  Papua New Guinea  Vanuatu
Malaysia  Philippines  Vietnam
Europe and Central Asia
Albania Kazakhstan Russian Federation
Armenia Kosovo Serbia
Azerbaijan Kyrgyz Republic Tajikistan
Belarus Moldova Türkiye 
Bosnia and Herzegovina Montenegro Turkmenistan
Bulgaria North Macedonia Ukraine
Croatia Poland Uzbekistan
Georgia Romania  
Latin America and Caribbean
Antigua and Barbuda  Dominican Republic   Panama
Argentina Ecuador   Paraguay
Belize El Salvador   Peru
Bolivia Grenada    St Kitts and Nevis
Brazil Guatemala   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
Middle East, North Africa, Afghanistan and Pakistan
Afghanistan Jordan Tunisia
Algeria Lebanon West Bank and Gaza
Djibouti Libya Yemen, Rep.
Egypt, Arab Rep. Morocco  
Iran, Islamic Rep. Pakistan  
Iraq Syrian Arab Republic  
South Asia
Bangladesh  Maldives 
Bhutan Nepal
India Sri Lanka
Sub-Saharan Africa
Angola  Gabon  Nigeria
Benin  Gambia, The  Rwanda
Botswana  Ghana   São Tomé and Principe
Burkina Faso  Guinea  Senegal
Burundi  Guinea-Bissau  Seychelles
Cameroon  Kenya   Sierra Leone
Cabo Verde  Lesotho  Somalia
Central African Republic  Liberia  South Africa
Chad  Madagascar  South Sudan
Comoros  Malawi   Sudan
Congo, Dem. Rep.  Mali   Tanzania
Congo, Rep.  Mauritania  Togo
Côte d'Ivoire  Mauritius   Uganda
Equatorial Guinea   Mozambique   Zambia
Eritrea  Namibia  Zimbabwe
Eswatini   Niger