LMIC (low- and middle-income countries)

Low- and middle-income countries (LMICs) are nations classified by organizations like the World Bank based on their economic productivity and average income levels. These countries generally have less wealth, fewer resources, and may face challenges like limited healthcare, education, and infrastructure compared to high-income nations. LMICs often experience rapid development and growth opportunities but also face issues related to poverty and inequality. The term helps policymakers and organizations target aid and development efforts to improve living conditions, economic stability, and health outcomes in these countries.