Bangladesh has made remarkable progress in poverty reduction, supported by sustained economic growth. As a result, Bangladesh reached lower-middle-income status in 2015 and is on track to graduate from the UN’s Least Developed Countries (LDC) list in 2026.

It is the world’s largest economy by nominal GDP and net wealth and the second-largest by purchasing power parity (PPP). The nation’s economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.

A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$12,536 or more in 2019, calculated using the Atlas method. While the term “high-income” is often used interchangeably with “First World” and “developed country”, the technical definitions of these terms differ.

A high-income economy is defined by the World Bank as a country with a gross national income per capita of $12,536 or more in 2019. In 2020, China’s GDP exceeded 100 trillion yuan ($15.37 trillion), with per capita GDP exceeding $10,000 for a second consecutive year.

Middle Income Countries 2021

According to the World Bank, middle-income countries (MICs) are defined as economies with a gross national income (GNI) per capita between $1,036 and $12,535.

This group consists of 12 following countries: Algeria, Angola, Botswana, Brazil, China, Gabon, Libya, Mauritius, Namibia, Seychelles, South Africa, Tunisia.

1. Qatar. Current International Dollars: 132,886 | Click To View GDP & Economic Data.
2. Macao. Current International Dollars: 114,362.
3. Luxembourg. Current International Dollars: 108,950 | Click To View GDP & Economic Data.
4. Singapore.
5. Brunei Darussalam.
6. Ireland.
7. Norway.
8. United Arab Emirates.

Country Context Turkey’s economic and social development performance since the early 2000s has been impressive, leading to increased employment and incomes and making Turkey an upper-middle-income country.

the average per person