News

Morocco’s Gross National Income per capita reached $3,760 in 2024, keeping the country in the lower-middle-income category, ...
Despite an uptick in remittance inflows and growing investor appetite for its debt and equities, Nigeria remains firmly categorised as a lower-middle-income country by the World Bank a status largely ...
In an email interview, the World Bank Ethiopia office told The Reporter that Ethiopia’s suspension is rooted in the disparity ...
Nigeria remains a lower-middle income economy, below Libya and Gabon, World Bank report says. For the umpteenth time, the ...
The Philippines is still stuck in the lower middle-income bracket, according to the new country classifications released by ...
South Africa’s anaemic economic growth since 2010 has left its population significantly poorer than the global average, ...
Nigeria has been ranked the 12th poorest country in the world by gross domestic product (GDP) per capita in 2025.
Dr Akinwunmi Adesina, the outgoing president of the African Development Bank, AfDB, stirred the hornet's nest when he said Nigeria's GDP per capita was $1,847 in 1960 but $824 in 2025, implying that ...
The Philippines recorded a GNI per capita of $4,470 in 2024 — just $26 short of the $4,496 threshold required to enter the ...
GDP per capita, calculated by dividing a country’s total economic output by its population, serves as a useful indicator of ...
Rural India is transitioning swiftly from an agri-centric economy to a services-led economy, and 112 rural districts ...
GDP per capita, on the other hand, is what you get when you divide a country’s GDP by its total population. It is like dividing a household’s total income by the number of people in the household.