Least developed countries UN classification economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
Least developed countries (LDCs) had a combined GDP per capita (PPP) of about $3,000 in 2023. These nations often depend on agriculture and natural resource extraction, with limited industrialization and infrastructure.