Services expansion not scaling prosperity in least developed economies
The Least Developed Countries Report 2025, released by UN Trade and Development (UNCTAD) on 10 February 2026, finds that services are expanding rapidly across the least developed countries.According to the report, the growth is concentrated in low-productivity activities that sustain livelihoods but do not generate prosperity at scale. “Despite the growing role of services, average per capita growth in least developed countries remained weak in 2024,” the report noted.Read More