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Low-Income Nations Drop to 12% of Global Economy

8/29/2025

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Summary

Story summary

Low-income countries are projected to represent 12% of the global total by 2024, down from 30% in 1987.
Middle-income nations now account for nearly half of all countries, with upper-middle at 25% and lower-middle at 23%.
High-income countries have risen from 25% to 40% during this period, reflecting notable global economic advancement.

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Story summary

Low-income countries are projected to represent 12% of the global total by 2024, down from 30% in 1987.
Middle-income nations now account for nearly half of all countries, with upper-middle at 25% and lower-middle at 23%.
High-income countries have risen from 25% to 40% during this period, reflecting notable global economic advancement.