As per the World Bank's ‘World Development Report 2024: The Middle Income Trap’ report, it may take India close to 75 years, China more than 10 years, and Indonesia nearly 70 years to reach ...

According to a World Bank report, it may take India around 75 years to reach one-fourth of the US per capita income. More than 100 nations, including Brazil and South Africa, face hurdles in ...

More than 70% of people affected by conflict globally live in Africa, according to a World Bank report warning of a rapid ...

World Bank economists said the US economic outlook had deteriorated since ‘Liberation Day’, with growth projected to “decelerate sharply” to 1.4 per cent compared to a previous forecast ...

For perspective, according to the World Bank (all of these numbers are adjusted for inflation and purchasing power between countries), Poland’s GDP per capita was $12,810 in 1990.

Last year, Luxembourg recorded 241 PPS, or a per capita GDP 141% above the EU average. The World Bank frequently lists Luxembourg as one of the highest per capita GDPs in the world behind Monaco and ...

The research also looked at GDP per capita. In 2023 it stood at $3,360, a 12% drop from 2022. For Gaza alone, there was a 28% drop. The per capita income in Gaza was about a fifth of that in the West ...

WASHINGTON, June 10. /TASS/. The World Bank (WB) revised upward its forecasts for Russian GDP growth next year in the June report dedicated to global economic development prospects.