This is not an official IPhO reading list.

Of course, it is also recommended that you read books on other disciplines.

Collections of IPhO problems with solutions:

 International Physics Olympiads.

Waldemar Gorzkowski (ed.)
World Scientific, 1990. [See this book at Amazon.com]
 Proceedings of the XX International Physics Olympiad, Warsaw, 16-24 July,
1989.
Waldemar Gorzkowski (ed.)
World Scientific, 1990. [See this book at Amazon.com]
 International Physics Olympiads: Problems and Solutions from 1967 - 1995.
Chaleo Manilerd (ed.)
Rangsit: Rangsit University Press, 1996. ISBN 974-530-037-3.

You can order the book from Dr. Chaleo Manilerd, Science Faculty, Rangsit
University, Pathumthani 12000, Thailand (manilerd@rangsit.rsu.ac.th) for US$
25 + US$ 10 (airmail postage).

A collection of physics problems for fun:

 The Flying Circus of Physics, With Answers.

Jearl D. Walker.
John Wiley & Sons, 1977. [See this book at Amazon.com]

The bible of undergraduate physics still is:

 The Feynman Lectures on Physics.

Richard P. Feynman, Robert B. Leighton, and Matthew L. Sands.
[See this book at Amazon.com]
o Volume I: Mainly Mechanics, Radiation and Heat, 1963 [See this book
at Amazon.com]
o Volume II: Mainly Electromagnetism and Matter, 1964 [See this book
at Amazon.com]
o Volume III: Quantum Mechanics, 1965 [See this book at
Amazon.com] Addison-Wesley.

Another `must' by Feynman:

  The Character of Physical Law.
Richard P. Feynman.
The MIT Press, 1965. [See this book at Amazon.com]

`The funniest book about physics ever written' (and very much worth reading):

 The God Particle: If the Universe Is the Answer, What Is the Question?.
Leon Lederman (with Dick Teresi).
Houghton Mifflin, 1993. [See this book at Amazon.com]

Everyday phenomena analysed physically:

 Light and Color in the Outdoors.

Marcel Minnaert.
Springer, 1993. [See this book at Amazon.com]
Older (and cheaper) edition:
The Nature of Light and Color in the Open Air.
Dover, 1948. [See this book at Amazon.com]

Translated from the Dutch original:

De natuurkunde van 't vrije veld. Zutphen, NL: Thieme.

o Deel 1: Licht en kleur in het landschap, 5e druk, 1974

o Deel 2: Geluid - warmte - electriciteit, 3e druk, 1970
o Deel 3: Rust en beweging, 3e druk, 1971

Physics concepts placed in a popular context:

 Sympathetic Vibrations: Reflections on Physics as a Way of Life.

K.C. Cole.
Bantam Books, 1985.

The authoritative data book, which can be found in every self-respecting physics and
chemistry laboratory is:

 CRC Handbook of Chemistry and Physics, 81st Edition.

David R. Lide (editor-in-chief) and H.P.R. Frederikse (assoc.ed.)
CRC Press, 2000. [See this book at Amazon.com]

Also available on CD-ROM. There also exist student editions of this book. Older
editions of the CRC Handbook are also still very useful.
`Bedside' Physics Literature
Here follow some references to books that may not directly improve performance at
the IPhO, but that put physics and its players into a broader perspective.

 Surely You're Joking, Mr. Feynman!: Adventures of a Curious Character.

Richard P. Feynman.
Bantam Books, 1985. [See this book at Amazon.com]
 What Do You Care What Other People Think?: Further Adventures of a
Curious Character.
Richard P. Feynman.
Bantam Books, 1988. [See this book at Amazon.com]
 Genius: Richard Feynman and Modern Physics.
James Gleick.
Little, Brown and Company, 1992. [See this book at Amazon.com]

International Physics Olympiad : Preparation

 Syllabus of the IPhO.

If you are a beginner you can start with non-calculus physics textbooks:

 "College Physics" by Alan Giambattista, Betty McCarthy Richardson, and Robert C. Richardson
 "Physics", 7th Edition by John D. Cutnell, Kenneth W. Johnson

Study first year level university physics.

 "Physics", Volume 1 & 2 by David Halliday, Robert Resnick and Kenneth S. Krane
 "University Physics with Modern Physics with Mastering Physics™", 12th edition, by Hugh D. Young
and Roger A. Freedman
 "Physics for Scientists and Engineers with Modern Physics" by Raymond A. Serway and John W.
Jewett, Jr.
 Upgrade Your Physics by The British Physics Olympiad

Interesting Resources for General Physics and Mathematics:

 "Street-Fighting Mathematics" - The Art of Educated Guessing and Opportunistic Problem Solving
 Project PHYSNET PDF Modules - Concise summaries of physics topics with exercises
 Jaan Kalda Resources
 KoMaL Magazine Resources
 Online Physics BRAWL

Textbooks on specific topics:

 "An Introduction to Mechanics" by Kleppner and Kolenkow
 "Classical Mechanics" by John R. Taylor
 "Introduction to Classical Mechanics with Problems and Solutions" by David Morin
 "Classical Dynamics of Particles and Systems" by Jerry B. Marion and Stephen T. Thornton
 "Special Relativity" by A.P. French
 "Vibrations and Waves" by A.P. French
 "Introduction to Electrodynamics, 3rd ed." by David J. Griffiths
 "Electricity and Magnetism" by Edward M. Purcell
 "Electromagnetic Fields and Waves" by Paul Lorrain and Dale Corson