Per-Capita-Income-Guidelines-For

May 21, 2020

Per Capita Income Guidelines for Operational Purposes

The per capita Gross National Income (GNI) guidelines covering the Civil Works Public Disclosure Authorized 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 FY21 are as follows:

Operational Categories* FY21 Guidelines (2019 US$)

(i) Civil Works Preference Less than or equal to $1,035 (ii) Effective IDA Eligibility Less than or equal to $1,185 (iii) IBRD terms More than $1,185 (iv) Initiating IBRD Graduation More than $7,065

Public Disclosure Authorized High-income threshold** More than $12,535

* These categories reflect changes introduced in accordance with the Memorandum to the Executive Directors dated January 17, 2008 (R2008-0007). ** The High-income threshold has been included for reference, in light of the Development Committee paper DC2018-002/P.

Per capita GNI data (Attachment 1) for borrowing member countries for 2019 have been prepared in accordance with the procedures described in SecM2000-625.

Public Disclosure Authorized

Acting Vice President and Chief Economist: Mr. Aart C. Kraay Public Disclosure Authorized Director: Ms. Haishan Fu Task Team Leader: Mr. Bala Bhaskar Kalimili

With the 2019 per capita GNI estimates, the following countries will change classification in the FY20 Operational Guidelines (Attachment 3).

Classification in

FY21 FY20

Benin (iii) IBRD Terms (i) Civil Works Preference

Equatorial Guinea (iii) IBRD Terms (iv) Initiating IBRD Graduation

Gabon (iv) Initiating IBRD Graduation (iii) IBRD Terms

Libya (iv) Initiating IBRD Graduation (iii) IBRD Terms

Nepal (ii) Effective IDA (i) Civil Works Preference

Tanzania (ii) Effective IDA (i) Civil Works Preference

Thailand (iv) Initiating IBRD Graduation (iii) IBRD Terms

Sudan (i) Civil Works Preference (iii) IBRD Terms

For a number of countries, the per capita 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 growth rates of per capita gross domestic product (GDP) in constant prices for 2019.

We will use the updated guidelines and per capita GNI estimates for all operations for which invitations to negotiate are sent out from July 1, 2020 to June 30, 2021.

Attachment 1 21-May-20 2019 GNI PER CAPITA Ranked by 2019 GNI per capita (US$ dollars) Income group and country 2019 GNI Income group and country 2019 GNI Income group and country 2019 GNI per capita per capita per capita

(iv) Initiating IBRD Graduation (over $7,065) (iii) IBRD Terms (over $1,185) (ii) Effective IDA ($1,185 or less) High income (over $12,535) 1 St. Kitts and Nevis 19,030 Guatemala 4,610 Nepal 1,090 Trinidad and Tobago 16,890 Moldova 4,560 Tanzania 1,080 Seychelles 16,870 Azerbaijan 4,480 Antigua and Barbuda 16,660 Belize 4,450 (i) Civil Works Preference ($1,035 or less) Uruguay 16,230 Jordan2 4,300 Tajikistan 1,030 Poland 15,200 Samoa 4,180 Guinea 950 Chile 15,010 Indonesia 4,050 Mali 880 Panama 14,950 Sri Lanka 4,020 Ethiopia 850 Croatia 14,910 El Salvador 4,000 Guinea-Bissau 820 Nauru2 14,230 Algeria 3,970 Rwanda 820 Mauritius 12,740 Philippines 3,850 Burkina Faso 790 Romania 12,630 Mongolia 3,780 Haiti 790 Costa Rica 11,700 Cabo Verde 3,630 Uganda 780 Russian Federation3 11,260 Eswatini 3,590 Gambia, The 740 Argentina 11,200 Djibouti 3,540 Chad 700 Malaysia 11,200 Bolivia 3,530 Togo 690 St. Lucia 11,020 Ukraine3 3,370 Sudan 590 China 10,410 Tunisia 3,360 Liberia 580 Grenada 9,980 Kiribati 3,350 Niger 560 Maldives 9,650 Morocco 3,190 Afghanistan 540 Turkey 9,610 Vanuatu 3,170 Central African Republic 520 Mexico 9,430 Angola 3,050 Congo, Dem. Rep. 520 Bulgaria 9,410 Papua New Guinea 2,780 Madagascar 520 Brazil 9,130 Egypt, Arab Rep. 2,690 Sierra Leone 500 Montenegro 9,010 Lao PDR 2,570 Mozambique 480 Kazakhstan 8,810 Vietnam 2,540 Malawi 380 Dominica 8,090 Honduras 2,390 Burundi 280 Dominican Republic 8,090 Cote d'Ivoire 2,290 Eritrea4 NA Botswana 7,660 Ghana 2,220 Somalia4 NA Libya 7,640 India 2,130 South Sudan4 NA Lebanon2 7,600 Solomon Islands 2,050 Syrian Arab Republic2,4 NA St. Vincent and the Grenadines 7,460 Nigeria 2,030 Yemen, Rep.4 NA Thailand 7,260 Sao Tome and Principe 1,960 Gabon 7,210 Bangladesh 1,940 Palau4 NA Nicaragua 1,910 Timor-Leste 1,890 (iii) IBRD Terms (over $1,185) Uzbekistan 1,800 Serbia 7,020 Congo, Rep. 1,750 Peru 6,740 Kenya 1,750 Colombia 6,510 Mauritania 1,660 Equatorial Guinea 6,460 Pakistan 1,560 Belarus 6,280 Cameroon 1,500 Bosnia and Herzegovina 6,150 Cambodia 1,480 Ecuador 6,080 Senegal 1,450 South Africa 6,040 Zambia 1,450 North Macedonia 5,910 Comoros 1,420 Fiji 5,860 Myanmar 1,390 Iraq2 5,740 Zimbabwe 1,390 Tuvalu 5,620 Lesotho 1,360 Suriname 5,540 Benin 1,250 Paraguay 5,510 Kyrgyz Republic 1,240 Jamaica 5,250 Bhutan4 NA Albania 5,240 Iran, Islamic Rep.4 NA Guyana 5,180 Marshall Islands4 NA Namibia 5,060 Micronesia, Fed. Sts.4 NA Georgia 4,740 Tonga4 NA Armenia 4,670 Turkmenistan4 NA Kosovo 4,640 Venezuela, RB4 NA

1 In light of the approval of the Development Committee Paper DC2018-002/P, Sustainable Finance for Sustainable Development, the High Income threshold has been included for reference. 2 Refugees are included in the population estimates of host country for Iraq, Jordan, Lebanon, Nauru, and Syrian Arab Republic. 3 These calculations are based on numbers and data from official statistics of Ukraine and the Russian Federation; by relying on those numbers and data, the Bank does not intend to make any judgment on the legal or other status of the territories concerned or to prejudice the final determination of the parties' claims. 4 Estimates are available in ranges only for NA countries. Attachment 2 21-May-20 2019 GROWTH RATE of GDP PER CAPITA (% change) Ranked by 2019 GNI per capita

Income group and country 2019 GDP Income group and country 2019 GDP Income group and country 2019 GDP per capita, per capita, per capita, growth growth growth

(iv) Initiating IBRD Graduation (over $7,065) (iii) IBRD Terms (over $1,185) (ii) Effective IDA ($1,185 or less) High income (over $12,535) 1 St. Kitts and Nevis 1.8 Guatemala 2.2 Nepal 5.0 Trinidad and Tobago -0.4 Moldova 5.3 Tanzania 2.7 Seychelles 3.8 Azerbaijan 1.4 Antigua and Barbuda 3.8 Belize -1.6 (i) Civil Works Preference ($1,035 or less) Uruguay -0.1 Jordan2 0.5 Tajikistan 4.5 Poland 4.2 Samoa 3.0 Guinea 2.6 Chile -0.1 Indonesia 3.9 Mali 1.9 Panama 1.3 Sri Lanka 1.7 Ethiopia 5.5 Croatia 3.5 El Salvador 1.9 Guinea-Bissau 2.1 Nauru2 1.0 Algeria -1.1 Rwanda 6.6 Mauritius 3.5 Philippines 4.6 Burkina Faso 2.7 Romania 4.7 Mongolia 3.3 Haiti -2.2 Costa Rica 1.1 Cabo Verde 4.5 Uganda 2.8 Russian Federation3 1.4 Eswatini 1.0 Gambia, The 2.9 Argentina -3.1 Djibouti 5.9 Chad 0.2 Malaysia 3.0 Bolivia 0.8 Togo 2.8 St. Lucia 1.2 Ukraine3 3.8 Sudan -4.9 China 5.7 Tunisia -0.1 Liberia -4.6 Grenada 2.6 Kiribati 0.7 Niger 1.9 Maldives 2.2 Morocco 1.0 Afghanistan 0.5 Turkey -0.5 Vanuatu 0.4 Central African Republic 1.3 Mexico -1.2 Angola -4.0 Congo, Dem. Rep. 1.1 Bulgaria 4.1 Papua New Guinea 3.6 Madagascar 2.1 Brazil 0.4 Egypt, Arab Rep. 3.5 Sierra Leone 3.3 Montenegro 3.6 Lao PDR 3.1 Mozambique -0.7 Kazakhstan 3.2 Vietnam 6.0 Malawi 1.6 Dominica 5.4 Honduras 1.0 Burundi -1.3 Dominican Republic 4.0 Cote d'Ivoire 4.2 Eritrea4 NA Botswana 0.8 Ghana 4.2 Somalia4 NA Libya 1.0 India 4.0 South Sudan4 NA Lebanon2 -5.7 Solomon Islands 0.1 Syrian Arab Republic2,4 NA St. Vincent and the Grenadines 0.0 Nigeria -0.4 Yemen, Rep.4 NA Thailand 2.1 Sao Tome and Principe 0.5 Gabon 0.9 Bangladesh 7.0 Palau4 NA Nicaragua -5.1 Timor-Leste 1.4 (iii) IBRD Terms (over $1,185) Uzbekistan 3.6 Serbia Congo, Rep. -3.4 Peru 0.5 Kenya 3.0 Colombia 1.9 Mauritania 3.1 Equatorial Guinea -8.8 Pakistan 1.3 Belarus 1.4 Cameroon 1.4 Bosnia and Herzegovina 3.3 Cambodia 5.5 Ecuador -1.6 Senegal 2.4 South Africa -1.2 Zambia -1.2 North Macedonia 3.5 Comoros 0.5 Fiji 0.3 Myanmar 2.2 Iraq2 2.1 Zimbabwe -9.4 Tuvalu 8.5 Lesotho 0.7 Suriname -1.7 Benin 4.0 Paraguay -1.3 Kyrgyz Republic 2.3 Jamaica 0.2 Bhutan4 NA Albania 2.7 Iran, Islamic Rep.4 NA Guyana 4.2 Marshall Islands4 NA Namibia -3.0 Micronesia, Fed. Sts.4 NA Georgia 5.3 Tonga4 NA Armenia 7.4 Turkmenistan4 NA Kosovo 4.3 Venezuela, RB4 NA

New Category Previous Category

Countries moving up Gabon, Libya, and Thailand (iv) Initiating IBRD Graduation (over $7,065) (iii) IBRD Terms (over $1,185) Benin (iii) IBRD Terms (over $1,185) (i) Civil Works Preference ($1,035 or less) Nepal and Tanzania (ii) Effective IDA ($1,185 or less) (i) Civil Works Preference ($1,035 or less) Countries moving down Equatorial Guinea (iii) IBRD Terms (over $1,185) (iv) Initiating IBRD Graduation (over $7,065) Sudan (i) Civil Works Preference ($1,035 or less) (iii) IBRD Terms (over $1,185)