On the basis of income and region The World Bank has classified the economies of the world as
Country Type Antigua and Barbuda UMC Argentina UMC Barbados UMC Belize UMC Bolivia LMC Brazil LMC Chile UMC Colombia LMC Costa Rica UMC Cuba LMC Dominica UMC Dominican Republic LMC Ecuador LMC El Salvador LMC Grenada UMC Guatemala LMC Guyana LMC Haiti LIC Honduras LMC Jamaica LMC Mexico UMC Nicaragua LIC Panama UMC Paraguay LMC Peru LMC St. Kitts and Nevis UMC St. Lucia UMC St. Vincent and the Grenadines UMC Suriname LMC Trinidad and Tobago UMC Uruguay UMC Venezuela, RB UMC