Economy of Sub Saharan Africa
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The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the World Bank and other economies with populations more than 30,000. The groups made are as follows:
The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the World Bank and other economies with populations more than 30,000. The groups made are as follows:
- Lower Income Economies (with $825 or less)
- Lower Middle Income Economies (With $826-3,255)
- Upper Middle Income Economies (With $3,256-10,065) and
- High Income Economies (With $10,066 or More)
Classification is made among the income groups as to 2004 GNI per capita and regions by using the World Bank Atlas Method.
Country Type Angola LMC Benin LIC Botswana UMC Burkina Faso LIC Burundi LIC Cameroon LIC Cape Verde LMC Central African Repub LIC Chad LIC Comoros LIC Congo, Dem. Rep. LIC Congo, Rep. LIC Cote d’Ivoire LIC Equatorial Guinea UMC Eritrea LIC Ethiopia LIC Gabon UMC Gambia, The LIC Ghana LIC Guinea LIC Guinea-Bissau LIC Kenya LIC Lesotho LIC Liberia LIC Madagascar LIC Malawi LIC Mali LIC Mauritania LIC Mauritius UMC Mayotte UMC Mozambique LIC Namibia LMC Niger LIC Nigeria LIC Rwanda LIC Sao Tome and Principe LIC Senegal LIC Seychelles UMC Sierra Leone LIC Somalia LIC South Africa UMC Sudan LIC Swaziland LMC Tanzania LIC Togo LIC Uganda LIC Zambia LIC Zimbabwe LIC
