Developing countries list

M&S Research Hub: Developing countries list

last updated May 10, 2023

MSR's developing country list is based on the World Bank's Country and Lending Groups as well as the countries in crisis. In order to qualify for a developing country rate, institutions or individuals must currently reside in a country listed below.


    • Afghanistan
    • Algeria
    • Angola
    • Bangladesh
    • Belize
    • Benin
    • Bhutan
    • Bolivia
    • Burkina Faso
    • Burundi
    • Cambodia
    • Cameroon
    • Cape Verde
    • Central African Republic
    • Chad
    • Comoros
    • Congo, Dem. Rep.
    • Congo, Rep.
    • Cote d'Ivoire
    • Djibouti
    • Egypt
    • El Salvador
    • Eritrea
    • Eswatini
    • Ethiopia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Haiti
    • Honduras
    • India
    • Indonesia
    • Iran
    • Kenya
    • Kiribati
    • Kyrgyz Republic
    • Lao PDR
    • Lebanon
    • Lesotho
    • Liberia
    • Madagascar
    • Malawi
    • Mali
    • Mauritania
    • Micronesia, Fed. Sts.
    • Mongolia
    • Morocco
    • Mozambique
    • Myanmar
    • Nepal
    • Nicaragua
    • Niger
    • Nigeria
    • Pakistan
    • Palestine
    • Papua New Guinea
    • Rwanda
    • Samoa
    • São Tomé and Principe
    • Senegal
    • Sierra Leone
    • Solomon Islands
    • Somalia
    • South Sudan
    • Sri Lanka
    • Sudan
    • Syrian Arab Republic
    • Tajikistan
    • Tanzania
    • The Gambia
    • Timor-Leste
    • Togo
    • Turkey
    • Uganda
    • Ukraine
    • Uzbekistan
    • Vanuatu
    • Vietnam
    • West Bank and Gaza
    • Yemen, Rep.
    • Zambia
    • Zimbabwi

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