Top 10 Low-Income Countries (LICs) by Population 1960-2018

This video features the top 10 low-income countries (LICs) by population from 1960 to 2018.

The term “total population” is coined by World Bank based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The population values shown are estimates of the midyear population of these countries.

Population estimates are usually based on national population censuses. Estimates for the years before and after the census are interpolations or extrapolations based on demographic models. Some of the important building blocks of a comprehensive demographic model include mortality rate, fertility rate and migration rate of the country.

Note that these countries/economies/territories are classified by World Bank as low-income nations based on their Gross National Income (GNI) per capita level in 2018 (less than $1,026) and other important criteria for the purpose of statistical analysis. Therefore, the resulting classification by no means implies political independence nor represents the political or any other affiliation of the countries or entities in question.

Objectives of This Video:

1) To find out the top 10 largest countries in the low-income category by population from 1960 to 2018.
2) To visually compare the potential market size of low-income countries from the perspective of population count over the years.

Key Takeaways from This Video:

1) Ethiopia, the largest low-income country (LIC) by population size in 2018, makes up about 1.44% of the world total population that year.
2) The aggregate population of the top 10 most populated low-income countries has exploded by 356% from 1960 to 2018 while the global population has increased by just 151% over the same period.
3) As of 2018, the top 10 largest LICs by population together constitute 66.25% of the total population of all countries in the low-income category or a significant 6.17% of the global population.
4) For the past 10 years, the top 10 most populated low-income nations have collectively skyrocketed by 2.670% annually on average, which is about 2.27 times faster than the global average of 1.177%.

Some of the most populous low-income countries (LICs) covered: Ethiopia, Congo, Dem. Rep., Tanzania, Uganda, Afghanistan, Mozambique, Yemen, Rep., Nepal, Madagascar, Korea, Dem. People's Rep., Niger, Burkina Faso, Mali, Malawi and Syrian Arab Republic.

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This video is part of the video series called “Demographic and Social Statistics: Population” created to examine and compare the #population count of all countries in the world. It helps determine the potential market size, economic growth prospect, sustainability of natural resources and social infrastructure availability in the country.

Link to the video playlist: https://www.youtube.com/playlist?list=PLRA_U4Pw2yqkcTKB0QZud41dRGSZ9lcQL

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Questions Worth Asking:

1) Which low income country (#LIC) do you think has achieved the highest population growth rate between 1960 and 2018?
2) Do you think that this rate of population growth is even #sustainable for the entire human race and the equally, if not more, important biosphere?
3) Can you imagine that the world population will quickly grow to over 11.2 billion at the end of the century as predicted by the United Nations Population Division? What impact could it have on your life if it were to become a reality?

Let me know what your thoughts are for each of the questions mentioned above.

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We have created the following playlists to organize our videos by theme:

Greatest Battle of the 21st Century https://bit.ly/2Rzd93P
Economic Performance Indicators Rankings https://bit.ly/37dfmZf
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Demographic and Social Statistics: Population https://bit.ly/2uhALSM

Do check out similar videos on other global economic trends and news:

Bottom 10 Countries by Gross Domestic Product (RGDP) 1960-2018 https://youtu.be/WOdQQVCYtJI
Top 15 Countries by Army Size 1816-2018 https://youtu.be/NDjimnQ-GgU

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Data Source:
World Bank https://data.worldbank.org/
United Nations Population Division https://population.un.org/wpp/

Music Source: Youtube Audio Library
Music Title: Animal (Sting) & Chtulthu & Destination Unknown
https://www.youtube.com/audiolibrary/music?nv=1