Least developed countries: UN classification's adjusted net national income (constant 2015 US$) was US$1.12 trillion in 2021, the latest year in the World Bank's World Development Indicators. That is up 69.57% from US$657.81 billion in 2011 (5.42% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.12 trillion | 2021 |
| Five years earlier | US$853.49 billion | 2016 |
| Ten years earlier | US$657.81 billion | 2011 |
| Highest | US$1.12 trillion | 2021 |
| Lowest | US$402 billion | 2002 |
| Average since 2012 | US$903.43 billion | 2012–2021 |
| First recorded | US$402 billion |
What the numbers say
In 2021, Least developed countries: UN classification's adjusted net national income (constant 2015 US$) rose 2.9% on 2020 (from US$1.08 trillion to US$1.12 trillion).
Across the 18 yearly changes before that (2003 to 2020), the average change was +5.7% and a typical year strayed about 2.1% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 8.9% in 2006. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$46.94 billion a year. A straight line explains 98% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$1.25 trillion for 2024. We show this only because the same method, fitted on earlier years, predicted 2019 to 2021 better than "no change" would have: its average miss was US$57.16 billion, against US$117.85 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Least developed countries: UN classification | US$1.12 trillion | 2021 |
| World | US$69.57 trillion | 2021 |
What this measures
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 20 values
| Year | Adjusted net national income (constant 2015 US$) |
|---|---|
| 2021 | 1,115,442,634,118 |
| 2020 | 1,084,455,852,493 |
| 2019 | 1,048,850,779,534 |
| 2018 | 965,065,935,122 |
| 2017 | 895,547,406,881 |
| 2016 | 853,490,594,452 |
| 2015 | 814,443,052,204 |
| 2014 | 795,831,789,463 |
| 2013 | 753,759,618,043 |
| 2012 | 707,455,573,771 |
Adjusted net national income (constant 2015 US$) in nearby economies
- Algeria — US$137.38 billion (2021)
- Bahrain — US$23.69 billion (2020)
- Egypt, Arab Rep. — US$343.75 billion (2021)
- Iran, Islamic Rep. — US$310.97 billion (2021)
- Iraq — US$162.54 billion (2021)
- Israel — US$324.03 billion (2021)
- Kuwait — US$122.76 billion (2019)
- Lebanon — US$24.09 billion (2021)
- Libya — US$52.68 billion (2021)
- Morocco
More economic policy & debt data for Least developed countries: UN classification
- GDP (current US$) — US$1.65 trillion (2025)
- GDP per capita (current US$) — US$1,362 (2025)
- GDP (constant 2015 US$) — US$1.35 trillion (2025)
- GDP per capita (constant 2015 US$) — US$1,112 (2025)
- GDP (annual % growth) — 4.3% (2025)
- GDP per capita (annual % growth) — 1.94% (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$44.93 billion (2025)
- Portfolio equity, net inflows (BoP, current US$) — −US$9.99 million (2025)
Reading data like this
Questions people ask
- What is Least developed countries: UN classification's adjusted net national income (constant 2015 US$)?
- US$1.12 trillion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 177.47% from US$402 billion in 2002 (5.52% a year on average, compounded). The highest value was US$1.12 trillion in 2021 and the lowest US$402 billion in 2002.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNTY.KD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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