1945

Economic growth and social trends in the 1990s

The real GDP of the LDCs as a group grew by 3.2 percent per annum during 1990-1998, as against 3.4 per cent for the low- and middle-income countries as a whole and 2.5 per cent for the world (table 1). This was a minor improvement over the economic performance in the 1980s. Moreover, the gap between the LDC growth rate and the growth rate of other developing countries also narrow'ed in the 1990s.

Related Subject(s): Economic and Social Development
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