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According to Asian Development Bank, avoiding the middle-income trap requires identifying strategies to introduce new processes and find new markets to maintain export growth. It is also essential to increase domestic demand because an expanding middle class can use its increasing purchasing power to buy high-quality, innovative products and ...
World Bank Income group (2024) Poverty headcount ratio (2017 PPP) at Year $2.15 a day $3.65 a day $6.85 a day % of population Aruba: Latin America & Caribbean High income N/A Afghanistan: South Asia Low income N/A Angola: Sub-Saharan Africa Lower middle income 31.1%: 52.9%: 78.0% 2018 Albania: Europe & Central Asia Upper middle income 0.0%: 1.5 ...
The World Development Report (WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development . Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies , labour, infrastructure ...
The bank expects the world economy to expand 2.7% in 2025 and again in 2026. ... For low- and middle-income countries – so-called developing economies – growth is expected to come in at 4.1% ...
Lower middle income 38.12% 2022 2.95 2015 2.953 2015 Turkmenistan: Central Asia: Upper middle income 47.99% 2022 2.72 1993 2.404 1998 Timor-Leste: South-eastern Asia: Lower middle income 46.30% 2022 4.04 2014 4.045 2014 Tonga: Polynesia: Upper middle income 48.59% 2022 3.18 2015 3.965 2021 Trinidad and Tobago: Caribbean
This is an accepted version of this page This is the latest accepted revision, reviewed on 14 January 2025. World map of countries or territories by Human Development Index scores in increments of 0.050 (based on 2022 data, published in 2024) ≥ 0.950 0.900–0.950 0.850–0.899 0.800–0.849 0.750–0.799 0.700–0.749 0.650–0.699 0.600–0.649 0.550–0.599 0.500–0.549 0.450–0.499 0. ...
World Development Indicators (WDI) is the World Bank’s premier compilation of international statistics on global development.Drawing from officially recognized sources and including national, regional, and global estimates, the WDI provides access to approximately 1,600 indicators for 217 economies, with some time series extending back more than 50 years.
International Bank for Reconstruction and Development, one of the two lending arms traditionally considered to be the World Bank. Typically lends to middle-income governments, also some creditworthy low-income countries. Founded in 1944. FY 2014 commitments $18.6 billion. Lends at market rate. Guarantees loans