Economy GDP
Lower middle income GDP from 1990 to today. World Bank and OECD data. GDP in US dollars. Lower-middle-income countries have moderate GDP levels supported by manufacturing, agriculture, and emerging services sectors. Growth often depends on industrialization, export expansion, and foreign View diagram Lower middle income GDP
Lower middle income economy annual growth rate from 2000 to today. GDP growth (yearly %). World Bank and OECD national accounts data. Lower middle-income countries achieved a GDP growth rate of about 4.3% in 2023. Key drivers included infrastructure development, View diagram Lower middle income GDP growth rate
Lower middle income economy growth from 2000 to today. GDP (current US$). World Bank and OECD national accounts data. Lower-middle-income economies are in transition from subsistence agriculture to industrialization. Their GDPs grow through labor-intensive manufacturing, services, and increasing regional trade.
Lower middle income 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 View diagram Lower middle income GDP Purchasing Power Parity