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The two observer states at the UN, the Vatican City and State of Palestine, are also not members of the World Bank. Kosovo is not a member of the UN, but is a member of the International Monetary Fund [1] and the World Bank Group, [2] both specialized agencies in the United Nations System.
[4] [5] The terms low and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries.
The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purposes of economic development. [6]
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
The World Bank Group — a United Nations specialized agency and multilateral development bank for international development. Also a member of the United Nations Development Group , and in the United Nations Economic and Social Council .
The World Bank — part of the United Nations World Bank Group, and a member of the United Nations Development Group. Subcategories This category has the following 3 subcategories, out of 3 total.
The GCC countries, for example, are classified as developing high-income countries. Thus, a high-income country may be classified as either developed or developing. [2] Although Vatican City is a sovereign state, it is not classified by the World Bank under this definition. A map of World Bank high-income economies, as of 2023
World Bank Group (2022) Countries and territories 2022 Historical data recovery from COVID-19: 2019→2022 All Male Female Sex gap 2014 2014 →2019