Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income
World: Lower-middle income: Gross Domestic Product, GDP in millions constant 2021 international $ was 5.67 % change on previous year in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
World: Lower-middle income recorded 5.67 % change on previous year for gross domestic product, gdp in millions constant 2021 international $ in 2027.
Compared with earlier readings it is up 4.3% on the previous year and down 1.0% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in World: Lower-middle income peaked at 7.16 % change on previous year in 2006 and was at its lowest, -3.74 % change on previous year, in 2020.
That places World: Lower-middle income 9th out of 86 groups with data for 2027, putting it in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 3.95 % change on previous year | — |
| 1993 | 2.68 % change on previous year | -32.3% |
| 1994 | 4.32 % change on previous year | +61.3% |
| 1995 | 5.54 % change on previous year | +28.3% |
| 1996 | 6.42 % change on previous year | +16.0% |
| 1997 | 4.09 % change on previous year | -36.4% |
| 1998 | 4.81 % change on previous year | +17.7% |
| 1999 | 5.9 % change on previous year | +22.5% |
| 2000 | 4.33 % change on previous year | -26.6% |
| 2001 | 4.42 % change on previous year | +2.1% |
| 2002 | 4.26 % change on previous year | -3.6% |
| 2003 | 6.13 % change on previous year | +43.8% |
| 2004 | 7.1 % change on previous year | +15.8% |
| 2005 | 6.86 % change on previous year | -3.3% |
| 2006 | 7.16 % change on previous year | +4.3% |
| 2007 | 7 % change on previous year | -2.2% |
| 2008 | 4.46 % change on previous year | -36.3% |
| 2009 | 6.09 % change on previous year | +36.5% |
| 2010 | 6.94 % change on previous year | +13.9% |
| 2011 | 4.79 % change on previous year | -30.9% |
| 2012 | 5.19 % change on previous year | +8.2% |
| 2013 | 5.69 % change on previous year | +9.6% |
| 2014 | 6.23 % change on previous year | +9.6% |
| 2015 | 6.25 % change on previous year | +0.3% |
| 2016 | 6.16 % change on previous year | -1.4% |
| 2017 | 5.73 % change on previous year | -7.0% |
| 2018 | 5.71 % change on previous year | -0.4% |
| 2019 | 4.22 % change on previous year | -26.1% |
| 2020 | -3.74 % change on previous year | -188.7% |
| 2021 | 6.79 % change on previous year | -281.7% |
| 2022 | 6.57 % change on previous year | -3.3% |
| 2023 | 6.42 % change on previous year | -2.3% |
| 2024 | 5.3 % change on previous year | -17.4% |
| 2025 | 5.53 % change on previous year | +4.2% |
| 2026 | 5.44 % change on previous year | -1.6% |
| 2027 | 5.67 % change on previous year | +4.3% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +281.7% | -3.74 % change on previous year | 6.79 % change on previous year |
| 2020 | -188.7% | 4.22 % change on previous year | -3.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.71 % change on previous year | 2.68 % change on previous year | 6.42 % change on previous year | 8 |
| 2000s | 5.78 % change on previous year | 4.26 % change on previous year | 7.16 % change on previous year | 10 |
| 2010s | 5.69 % change on previous year | 4.22 % change on previous year | 6.94 % change on previous year | 10 |
| 2020s | 4.75 % change on previous year | -3.74 % change on previous year | 6.79 % change on previous year | 8 |
Countries ranked near World: Lower-middle income
- 6 Rwanda 7.4 % change on previous year compare
- 7 Benin 6.59 % change on previous year compare
- 8 Niger 6.55 % change on previous year compare
- 9 Zambia 6.54 % change on previous year compare
- 10 Tanzania, United Republic of 6.54 % change on previous year compare
- 11 Côte d'Ivoire 6.5 % change on previous year compare
- 12 India 6.41 % change on previous year compare
More economy & growth data for World: Lower-middle income
- Gross Domestic Product, GDP in millions constant 2021 international $ 32.20 million (2027)
- Output per hour worked, GDP constant 2021 international $ at PPP 10.82 (2027)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in World: Lower-middle income?
- Gross domestic product, gdp in millions constant 2021 international $ in World: Lower-middle income was 5.67 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in World: Lower-middle income?
- The highest recorded value was 7.16 % change on previous year in 2006.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in World: Lower-middle income?
- The lowest recorded value was -3.74 % change on previous year in 2020.
- How does World: Lower-middle income rank for gross domestic product, gdp in millions constant 2021 international $?
- World: Lower-middle income ranks 9th out of 86 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in World: Lower-middle income?
- Over the last ten years it is down 1.0%. The long-run trend across the full record is rising.
- Where does this World: Lower-middle income data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.