World Bank Document
World Bank Document
World Bank Document
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Introduction<br />
The <strong>World</strong> Development Indicators provide infor- 1965-73 and 1973-83, or 1965-82 if data for 1983<br />
mation on the main features of social and eco- were not available. All growth rates are in constant<br />
nomic development. Most of the data collected by prices and were computed, unless noted otherthe<br />
<strong>World</strong> <strong>Bank</strong> are on its developing member wise, by using the least-squares method. Because<br />
countries. Because comparable data for developed this method takes all observations in a period into<br />
market economies are readily available, these are account, the resulting growth rates reflect general<br />
also included in the indicators. Data for nonmarket trends that are not unduly influenced by excepeconomies,<br />
a few of which are members of the tional values. Table entries in italics indicate that<br />
<strong>World</strong> <strong>Bank</strong>, are included if available in a compara- they are for years or periods other than those specble<br />
form.<br />
ified. All dollar figures are US dollars. The various<br />
Every effort has been made to standardize the methods used for converting from national curdata.<br />
However, full comparability cannot be rency figures are described, where appropriate, in<br />
ensured and care must be taken in interpreting the the technical notes.<br />
indicators. The statistics are drawn from sources Some of the differences between figures shown<br />
thought to be most authoritative but many of them in this year's and last year's editions reflect not<br />
are subject to considerable margins of error. Varia- only updating but also revisions to historical<br />
tions in national statistical practices also reduce the series.<br />
comparability of data which should thus be con- As in the <strong>World</strong> Development Report itself, the<br />
strued only as indicating trends and characterizing economies included in the <strong>World</strong> Development<br />
major differences among economies, rather than Indicators are grouped into several major categotaken<br />
as precise quantitative indications of those ries. These groupings are analytically useful in disdifferences.<br />
tinguishing economies at different stages of devel-<br />
The indicators in Table 1 give a summary profile opment. Many of the economies included are<br />
of economies. Data in the other tables fall into the further classified by dominant characteristics-to<br />
following broad areas: national accounts, agricul- distinguish oil importers and exporters and to disture,<br />
industry, energy, external trade, external tinguish industrial market from industrial nonmardebt,<br />
aid flows, other external transactions, ket economies. The major groups used in the<br />
demography, labor force, urbanization, social indi- tables are 35 low-income developing economies<br />
cators, central government finances and income with a per capita income of less than $400 in 1983,<br />
distribution. The table on central government 59 middle-income developing economies with a<br />
expenditure is an expanded version of an earlier per capita income of $400 or more, 5 high-income<br />
table, and is complemented by a table on central oil exporters, 19 industrial market economies, and<br />
government current revenue.<br />
8 East European nonmarket economies. Note that<br />
The national accounts data are obtained from because of the paucity of data and differences in<br />
member governments by <strong>Bank</strong> missions and are, the method for computing national income, as well<br />
in some instances, adjusted to conform with inter- as difficulties of conversion, estimates of GNP per<br />
national definitions and concepts and to ensure capita are not generally available for nonmarket<br />
consistency. Data on external debt are reported to economies.<br />
the <strong>Bank</strong> by member countries through the Debtor The format of this edition generally follows that<br />
Reporting System. Other data sets are drawn from used in previous years. In each group, economies<br />
the International Monetary Fund, the United are listed in ascending order of income per capita<br />
Nations and specialized agencies.<br />
except for economies for which no GNP per capita<br />
For ease of reference, ratios and rates of growth figure can be calculated. These economies are<br />
are shown; absolute values are reported only in a listed in italics in alphabetical order at the end of<br />
few instances. This year's edition presents new the appropriate income groups. This order is used<br />
periods for the ratios and rates in growth. Most in all tables. The alphabetical list in the key shows<br />
growth rates were calculated for two periods: the reference number of each economy; italics indi-<br />
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