Per Capita Income Guidelines for Operational Purposes
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1 FROM: The President May 29, 2013 Per Capita Income Guidelines for Operational Purposes The Gross National Income (GNI) guidelines covering the Civil Works Preference, IDA Eligibility, IBRD Terms and the initiation of IBRD graduation process are updated every year, based on the annual rate of change of the SDR-deflator [see President s Memorandum to the Executive Directors dated September 27, 1983 (SecM83-924)]. The updated operational guidelines to be applied during FY14 are as follows: Operational Categories * FY14 Guidelines (2012 US$) (i) Civil Works Preference Less than or equal to $ 1,035 (ii) Effective IDA Eligibility Less than or equal to $ 1,205 (iii) IBRD terms More than $ 1,205 (iv) IBRD Graduation More than $7,115 * These categories reflect changes introduced in accordance with the Memorandum to the Executive Directors dated January 17, 2008 (R ). Per capita GNI data (Attachment 1) for borrowing member countries for 2012 have been prepared in accordance with the procedures described in SecM Senior Vice President: Director: Task Team Leader: Mr. Kaushik Basu Ms. Shaida Badiee Mr. Bala Bhaskar Kalimili
2 With the 2012 GNI estimates, the following countries will change classification in the FY14 Operational Guidelines. Classification in FY13 FY14 Cameroon iii IBRD Terms ii Effective IDA Eligibility Cote d Ivoire ii Effective IDA Eligibility iii IBRD Terms Dominica iv IBRD Graduation iii IBRD Terms Grenada iv IBRD Graduation iii IBRD Terms Lao PDR ii Effective IDA Eligibility iii IBRD Terms Libya iii IBRD Terms iv IBRD Graduation Mauritania i Civil Works Preference ii Effective IDA Eligibility Montenegro iv IBRD Graduation iii IBRD Terms Nicaragua ii Effective IDA Eligibility iii IBRD Terms Pakistan ii Effective IDA Eligibility iii IBRD Terms South Africa iii IBRD Terms iv IBRD Graduation Zambia ii Effective IDA Eligibility iii IBRD Terms For a number of countries, the GNI can only be estimated as a range. These estimated ranges, while useful to place the countries in specific operational categories, are shown as NA (not available) in Attachment 1. Attachment 2 shows rates of gross domestic product (GDP) in constant prices for I propose that we use the updated guidelines and GNI estimates for all operations for which invitations to negotiate are sent out from July 1, 2013 to June 30, Jim Yong Kim President
3 Attachment 1 5/29/ GNI PER CAPITA Ranked by 2012 GNI (US dollars) (iv) IBRD Graduation (over $7,115) (iii) IBRD Terms (over $1,205) (ii) Effective IDA ($1,205 or less) Korea, Rep. 22,670 Bosnia and Herzegovina 4,660 Cameroon 1,170 Trinidad and Tobago 14,350 Angola 4,580 Solomon Islands 1,130 Chile 14,280 Albania 4,030 Mauritania 1,110 Equatorial Guinea 13,550 Tonga 4,240 Senegal 1,040 Uruguay 13,500 Fiji 4,200 Yemen, Rep. 1 NA St. Kitts and Nevis 13,330 Tunisia 4,150 Croatia 13,290 Marshall Islands 4,140 (i) Civil Works Preference ($1,035 or less) Russian Federation 12,700 Cape Verde 3,810 Poland 12,670 Armenia 3,720 Kyrgyz Republic 990 Antigua and Barbuda 12,640 Timor-Leste 3,670 Cambodia 880 Venezuela, RB 12,470 Kosovo 3,610 Tajikistan 880 Seychelles 11,640 El Salvador 3,580 Comoros 840 Brazil 11,640 Ukraine 3,500 Kenya 840 Turkey 10,740 Guyana 3,390 Bangladesh 830 Gabon 10,070 Indonesia 3,420 Haiti 760 Panama 9,910 Micronesia, Fed. Sts. 3,310 Benin 750 Palau 9,860 Paraguay 3,290 Chad 740 Malaysia 9,800 Samoa 3,220 Nepal 710 Mexico 9,740 Georgia 3,280 Zimbabwe 680 Kazakhstan 9,730 Mongolia 3,180 Mali 660 Lebanon 9,140 Guatemala 3,120 Burkina Faso 660 Costa Rica 8,740 Vanuatu 3,080 South Sudan 610 Mauritius 8,570 Egypt, Arab Rep. 3,000 Sierra Leone 580 Romania 8,110 Morocco 2,940 Tanzania 570 Suriname 8,050 Sri Lanka 2,920 Guinea-Bissau 550 Botswana 7,730 Swaziland 2,860 Gambia, The 510 South Africa 7,610 Congo, Rep. 2,550 Mozambique 510 Argentina 1 NA Philippines 2,470 Togo 500 Libya 1 NA Bhutan 2,420 Central African Republic 490 Bolivia 2,220 Guinea 460 (iii) IBRD Terms (over $1,205) Kiribati 2,210 Eritrea 450 Honduras 2,070 Uganda 440 Grenada 7,110 Moldova 2,070 Madagascar 430 Montenegro 7,110 Papua New Guinea 1,790 Ethiopia 400 Colombia 6,990 Uzbekistan 1,720 Niger 370 Bulgaria 6,870 Nicaragua 1,650 Liberia 370 St. Lucia 6,530 Ghana 1,550 Malawi 320 Belarus 6,530 India 1,530 Burundi 240 Dominica 6,460 Nigeria 1,430 Congo, Dem. Rep. 220 St. Vincent and the Grenadines 6,380 Sudan 1,360 Afghanistan 1 NA Tuvalu 6,060 Vietnam 1,400 Myanmar 1 NA Azerbaijan 6,050 Sao Tome and Principe 1,320 Rwanda 1 NA Maldives 5,910 Lesotho 1,380 Somalia 1 NA Peru 5,880 Zambia 1,350 China 5,740 Pakistan 1,260 Namibia 5,610 Lao PDR 1,260 Turkmenistan 5,510 Cote d'ivoire 1,220 Dominican Republic 5,470 Algeria 1 NA Serbia 5,280 Belize 1 NA Thailand 5,210 Djibouti 1 NA Ecuador 5,190 Iran, Islamic Rep. 1 NA Jamaica 5,140 Iraq 1 NA Jordan 4,730 Syrian Arab Republic 1 NA Macedonia, FYR 4,700 1 Estimates are available in ranges only
4 Attachment 2 5/29/ GROWTH RATE of GDP PER CAPITA Ranked by 2012 GNI (% change) (iv) IBRD Graduation (over $7,115) (iii) IBRD Terms (over $1,205) (ii) Effective IDA ($1,205 or less) Korea, Rep. 1.6 Bosnia and Herzegovina -0.6 Cameroon 2.1 Trinidad and Tobago 0.9 Angola 3.6 Solomon Islands 1.7 Chile 4.6 Albania 0.5 Mauritania 4.9 Equatorial Guinea -0.4 Tonga 0.4 Senegal 0.7 Uruguay 3.6 Fiji 1.4 Yemen, Rep. 1 NA St. Kitts and Nevis -2.2 Tunisia 2.6 Croatia -1.7 Marshall Islands 1.8 (i) Civil Works Preference ($1,035 or less) Russian Federation 3.0 Cape Verde 3.5 Poland 1.9 Armenia 7.0 Kyrgyz Republic -2.1 Antigua and Barbuda 1.3 Timor-Leste 5.5 Cambodia 5.4 Venezuela, RB 3.9 Kosovo 1.6 Tajikistan 5.0 Seychelles 2.5 El Salvador 1.0 Comoros 0.5 Brazil 0.0 Ukraine 0.4 Kenya 1.4 Turkey 1.0 Guyana 4.0 Bangladesh 5.1 Gabon 3.6 Indonesia 4.9 Haiti 1.4 Panama 8.9 Micronesia, Fed. Sts. 1.4 Benin 2.5 Palau 4.5 Paraguay -2.9 Chad 1.9 Malaysia 3.9 Samoa 0.4 Nepal 3.5 Mexico 2.6 Georgia 5.3 Zimbabwe 2.1 Kazakhstan 3.5 Mongolia 10.6 Mali -4.1 Lebanon 0.2 Guatemala 0.4 Burkina Faso 6.9 Costa Rica 3.6 Vanuatu 0.0 South Sudan Mauritius 2.7 Egypt, Arab Rep. 0.5 Sierra Leone 13.0 Romania 4.0 Morocco 1.2 Tanzania 3.6 Suriname 3.5 Sri Lanka 9.2 Guinea-Bissau -3.8 Botswana 5.2 Swaziland -3.0 Gambia, The 2.7 South Africa 1.3 Congo, Rep. 1.1 Mozambique 4.0 Argentina 1 NA Philippines 4.7 Togo 2.9 Libya 1 NA Bhutan 7.6 Central African Republic 2.0 Bolivia 3.4 Guinea 1.3 (iii) IBRD Terms (over $1,205) Kiribati 0.9 Eritrea 3.6 Honduras 1.4 Uganda 0.0 Grenada -1.2 Moldova -0.8 Madagascar 0.2 Montenegro 0.4 Papua New Guinea 5.6 Ethiopia 5.7 Colombia 2.6 Uzbekistan 6.6 Niger 7.0 Bulgaria 1.4 Nicaragua 3.7 Liberia 7.9 St. Lucia -3.9 Ghana 5.6 Malawi -1.0 Belarus 1.6 India 2.0 Burundi 0.8 Dominica -1.8 Nigeria 3.6 Congo, Dem. Rep. 4.3 St. Vincent and the Grenadines 1.5 Sudan Afghanistan 1 NA Tuvalu 1.0 Vietnam 3.9 Myanmar 1 NA Azerbaijan 3.1 Sao Tome and Principe 1.3 Rwanda 1 NA Maldives 5.8 Lesotho 2.9 Somalia 1 NA Peru 5.0 Zambia 4.0 China 7.3 Pakistan 2.4 Namibia 3.0 Lao PDR 6.0 Turkmenistan 9.3 Cote d'ivoire 7.0 Dominican Republic 2.6 Algeria 1 NA Serbia -1.2 Belize 1 NA Thailand 6.1 Djibouti 1 NA Ecuador 3.3 Iran, Islamic Rep. 1 NA Jamaica -0.5 Iraq 1 NA Jordan 0.6 Syrian Arab Republic 1 NA Macedonia, FYR Estimates are available in ranges only
5 Attachment 3 5/29/2013 Countries moving income categories New Category Previous Category Dominica, Grenada, Montenegro (iii) IBRD Terms (over $1,205) (iv) IBRD Graduation (over $7,115) Libya, South Africa (iv) IBRD Graduation (over $7,115) (iii) IBRD Terms (over $1,205) Cameroon (ii) Effective IDA ($1,205 or less) (iii) IBRD Terms (over $1,205) Cote d'ivoire, Lao PDR, Nicaragua, Pakistan, Zambia (iii) IBRD Terms (over $1,205) (ii) Effective IDA ($1,205 or less) Mauritania (ii) Effective IDA ($1,205 or less) (i) Civil Works ($1,035 or less)
Countries Ranked by Per Capita Income A. IBRD Only 1 Category iv (over $7,185)
Page 1 of 5 Note: This OP 3.10, Annex C replaces the version dated September 2013. The revised terms are effective for all loans that are approved on or after July 1, 2014. Countries Ranked by Per Capita
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