SIMIC

Acronym of severely indebted middle-income country (“a country with an annual income of between $736 and $9,075 per capita, a debt ratio of at least 80%, and a debt/export ratio of at least 220%”).

Noun

  1. Acronym of severely indebted middle-income country (“a country with an annual income of between $736 and $9,075 per capita, a debt ratio of at least 80%, and a debt/export ratio of at least 220%”).

Origin

As defined by the World Bank in 2004.

Forms

SIMICs