Low and middle income economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data.
The combined group of low and middle-income countries saw a collective GDP growth rate of approximately 4.0% in 2023. This aggregate reflects the diverse economic trajectories within the group, with some nations benefiting from favorable commodity prices and improved trade conditions, while others faced challenges like inflation and fiscal deficits.