Policy Papers

Proposed New Grouping in WEO Country Classifications: Low-Income Developing Countries

June 3, 2014

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Proposed New Grouping in WEO Country Classifications: Low-Income Developing Countries, (USA: International Monetary Fund, 0) accessed November 12, 2024

Summary

This note develops a definition of a new category of countries (Low Income Developing Countries (acronym: LIDCs)) that can be deployed to (a) facilitate enhanced coverage of low income country issues in the Fund’s flagship products and (b) serve as a standardized definition of the “low income country” universe in staff analytical work.1 While use of the proposed definition in analytical work would be encouraged, it would not be required.

Subject: Classification of countries, Low-income developing countries, World Economic Outlook

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