The world’s Middle Income Countries (MICs) are a diverse group by size, population, and income level. For the current 2024 fiscal year, low-income economies are defined as those with a GNI per capita ...
Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...
Two-thirds of humanity now live in countries where fertility rates have fallen below replacement levels, posing a threat to ...
Definition: GNI per capita is the gross national income, converted to US dollars using the World Bank Atlas method, divided by the mid-year population. GNI is the sum of value added by all resident ...
The World Bank issues data on total GDP and GDP per capita, but each statistic can provide a conflicting perspective on the economic state of a country and the wealth of its people. According to ...
Amid the economic disruption, however, several countries managed to display remarkable growth in their GDP per capita from 2020 to 2021. Using data from The World Bank, we analyzed various nations ...