Chapter

Appendix I Classification of Countries

Author(s):
International Monetary Fund
Published Date:
January 1988
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The countries and territories included in the major country groups of the Fund’s World Economic Outlook are listed below.1

Industrial Countries:

  • Australia

  • Austria

  • Belgium

  • Canada

  • Denmark

  • Finland

  • France

  • Germany, Fed. Rep. of

  • Iceland

  • Ireland

  • Italy

  • Japan

  • Luxembourg

  • Netherlands

  • New Zealand

  • Norway

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

  • United States

Developing countries include all other Fund members (as of August 15, 1988) for which adequate statistics are available, together with certain essentially autonomous dependent territories. For this study, this country classification has been modified to exclude the seven offshore banking centers (i.e., The Bahamas, Bahrain, the Cayman Islands, Hong Kong, the Netherlands Antilles, Panama, and Singapore). The regional breakdowns of data for developing countries and areas conform to the regional classification used in the Fund’s International Financial Statistics.

Market borrowers:

  • Algeria

  • Antigua and Barbuda

  • Argentina

  • Bahamas, The

  • Bolivia

  • Brazil

  • Chile

  • Colombia

  • Congo

  • Côte d’Ivoire

  • Cyprus

  • Ecuador

  • Gabon

  • Greece

  • Hong Kong

  • Hungary

  • Indonesia

  • Korea, Rep. of

  • Malaysia

  • Mexico

  • Nigeria

  • Panama

  • Papua New Guinea

  • Paraguay

  • Peru

  • Philippines

  • Portugal

  • Singapore

  • South Africa

  • Taiwan Province of China

  • Trinidad and Tobago

  • Uruguay

  • Venezuela

  • Yugoslavia

Official borrowers:

  • Afghanistan

  • Bahrain

  • Bangladesh

  • Bhutan

  • Burkina Faso

  • Burma

  • Burundi

  • Cape Verde

  • Central African Republic

  • Chad

  • Comoros

  • Djibouti

  • Dominica

  • Dominican Rep.

  • El Salvador

  • Equatorial Guinea

  • Fiji

  • Gambia, The

  • Ghana

  • Grenada

  • Guatemala

  • Guinea

  • Guinea-Bissau

  • Guyana

  • Honduras

  • Jamaica

  • Jordan

  • Lao People’s Dem. Rep.

  • Liberia

  • Madagascar

  • Malawi

  • Maldives

  • Mali

  • Malta

  • Mauritania

  • Nepal

  • Netherlands Antilles

  • Nicaragua

  • Pakistan

  • Rwanda

  • Sao Tome and Principe

  • Senegal

  • Seychelles

  • Sierra Leone

  • Somalia

  • St. Lucia

  • St. Vincent

  • Sudan

  • Swaziland

  • Syrian Arab Rep.

  • Tanzania

  • Togo

  • Tonga

  • Uganda

  • Viet Nam

  • Western Samoa

  • Yemen Arab Rep.

  • Yemen, People’ Dem. Rep.

  • Zaïre

  • Zambia

Capital importing countries comprise all other developing member countries of the Fund except:

  • Iran Islamic Rep. of

  • Iraq

  • Kuwait

  • Libyan Arab Jamahiriya

  • Oman

  • Qatar

  • Saudi Arabia

  • United Arab Emirates

Fifteen heavily indebted countries:

  • Argentina

  • Bolivia

  • Brazil

  • Chile

  • Colombia

  • Côte d’Ivoire

  • Ecuador

  • Mexico

  • Morocco

  • Nigeria

  • Peru

  • Philippines

  • Uruguay

  • Venezuela

  • Yugoslavia

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