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 32.20 million in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income, 1991–2027
Source: International Labour Organization.
Analysis
World: Lower-middle income recorded 32.20 million for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 59.0% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in World: Lower-middle income peaked at 32.20 million in 2027 and was at its lowest, 5.07 million, in 1991.
That places World: Lower-middle income 17th out of 87 groups with data for 2027, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in World: Lower-middle income, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.07 million | — |
| 1992 | 5.27 million | +4.0% |
| 1993 | 5.41 million | +2.7% |
| 1994 | 5.64 million | +4.3% |
| 1995 | 5.95 million | +5.5% |
| 1996 | 6.33 million | +6.4% |
| 1997 | 6.59 million | +4.1% |
| 1998 | 6.91 million | +4.8% |
| 1999 | 7.32 million | +5.9% |
| 2000 | 7.63 million | +4.3% |
| 2001 | 7.97 million | +4.4% |
| 2002 | 8.31 million | +4.3% |
| 2003 | 8.82 million | +6.1% |
| 2004 | 9.45 million | +7.1% |
| 2005 | 10.10 million | +6.9% |
| 2006 | 10.82 million | +7.2% |
| 2007 | 11.58 million | +7.0% |
| 2008 | 12.09 million | +4.5% |
| 2009 | 12.83 million | +6.1% |
| 2010 | 13.72 million | +6.9% |
| 2011 | 14.38 million | +4.8% |
| 2012 | 15.12 million | +5.2% |
| 2013 | 15.98 million | +5.7% |
| 2014 | 16.98 million | +6.2% |
| 2015 | 18.04 million | +6.2% |
| 2016 | 19.15 million | +6.2% |
| 2017 | 20.25 million | +5.7% |
| 2018 | 21.41 million | +5.7% |
| 2019 | 22.31 million | +4.2% |
| 2020 | 21.47 million | -3.7% |
| 2021 | 22.93 million | +6.8% |
| 2022 | 24.44 million | +6.6% |
| 2023 | 26.01 million | +6.4% |
| 2024 | 27.39 million | +5.3% |
| 2025 | 28.90 million | +5.5% |
| 2026 | 30.47 million | +5.4% |
| 2027 | 32.20 million | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.05 million | 5.07 million | 7.32 million | 9 |
| 2000s | 9.96 million | 7.63 million | 12.83 million | 10 |
| 2010s | 17.73 million | 13.72 million | 22.31 million | 10 |
| 2020s | 26.73 million | 21.47 million | 32.20 million | 8 |
Countries ranked near World: Lower-middle income
More economy & growth data for World: Lower-middle income
- Gross Domestic Product, GDP in millions constant 2021 international $ 5.67 % change on previous year (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 32.20 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in World: Lower-middle income?
- The highest recorded value was 32.20 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in World: Lower-middle income?
- The lowest recorded value was 5.07 million in 1991.
- How does World: Lower-middle income rank for gross domestic product, gdp in millions constant 2021 international $?
- World: Lower-middle income ranks 17th out of 87 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 up 59.0%. The long-run trend across the full record is volatile.
- Where does this World: Lower-middle income data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.