Middle Income Countries 2020

According to the World Bank, middle-income countries (or MICs) are nations that have a per capita gross national income (GNI) between $1,026 and $12,3755.

World Bank has historically broken down countries’ economies into three categories: high income, middle income, and low income. Now economies are further specified, with middle economies broken down into two additional groups: lower-middle-income countries and upper-middle-income countries. This is because middle-income economies are diverse in their regions, sizes, populations, and income levels. Lower middle-income nations have a GNI per capita of $1,026 to $3,995. Upper middle-income countries have a GNI per capita of $3,996 to $12,375.

There are approximately 5 billion people live within MICs. Approximately one-third of global GDP is represented by these nations and over 70% of people in the world live in MICs. There are a total of 109 MICs – 53 lower-middle-income countries and 56 upper-middle-income countries. Both lower-middle income and upper-middle income countries face their separate challenges. Lower-middle-income countries typically struggle to provide their citizens with basic services such as clean water. Upper-middle-income countries might face government problems such as corruption.

Middle-income countries are also essential to global economic growth. Growth in MICs, according to the World Bank, has positive ripple effects on other countries such as international trade, reduction of border conflicts, sustainable energy development, and food and water security.

Below is a list of middle-income countries.

Middle Income Countries 2020

Country Population 2020
Angola32,866,272
Bangladesh164,689,383
Bhutan771,608
Bolivia11,673,021
Cambodia16,718,965
Cameroon26,545,863
Djibouti988,000
Egypt102,334,404
El Salvador6,486,205
Georgia3,989,167
Ghana31,072,940
Honduras9,904,607
India1,380,004,385
Indonesia273,523,615
Ivory Coast26,378,274
Kenya53,771,296
Kiribati119,449
Kyrgyzstan6,524,195
Laos7,275,560
Lesotho2,142,249
Mauritania4,649,658
Micronesia115,023
Moldova4,033,963
Mongolia3,278,290
Morocco36,910,560
Myanmar54,409,800
Nicaragua6,624,554
Nigeria206,139,589
Pakistan220,892,340
Papua New Guinea8,947,024
Philippines109,581,078
Sao Tome And Principe219,159
Solomon Islands686,884
Sri Lanka21,413,249
Sudan43,849,260
Tunisia11,818,619
Ukraine43,733,762
Uzbekistan33,469,203
Vanuatu307,145
Vietnam97,338,579
Zambia18,383,955