For the current 2024 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,135 or less in 2022. Lower middle-income ...
GDP per capita is a critical measure used to assess the economic well-being of individuals in a country, as it represents the ...
I wish my friend and erstwhile colleague at the University of the Philippines Diliman School of Economics (UPSE) and currently at National Academy of Science and Technology, Philippines (NAST Phil.), ...
Since the early 2000s, 39 countries, including 10 in Africa, have transitioned from low-income to middle-income status, ...
Other counties where residents had a low per capita income are Isiolo (Sh119,139), Samburu (Sh113,073), Garissa (Sh81,775) and Wajir (Sh79,376). The report also shows that Nairobi continued its ...
Vietnam’s average pension reached nearly 7 million VND (nearly $300) per month, surpassing the country’s per capita income, ...
The current GDP per capita, in Pakistan, stands around $1,600, which places us among the low-income countries globally. This figure, however, does not fully capture the economic activities and ...