Following a sharp decline of 4.1% in 2020, global real GDP per capita increased by 5.0% in 2021. However, growth in global real GDP per capita is forecast to slow down to 2.1% in 2022 and further to 1.0% in 2023, before recovering somewhat to a growth rate of 1.8% in 2024. The growth in real GDP of LDCs slowed down from 5% in 2019 to just 0.2% in 2020 before recovering to 2.6% in 2021. It is expected that the growth in real GDP of LDCs would strengthen to 4.3% in 2022 and to 4.4% and 5.4% in 2023 and 2024, respectively.