Low Income Country (LIC) - GCSE Geography Definition

A Low Income Country (LIC) is a nation where most people earn very little money, and the average income is low compared to other countries. According to the World Bank, an LIC has a GNI (Gross National Income) of $1,145. These countries often have limited resources and industries, making it hard for people to find a steady job and reliable income. These countries tend to rely on the agricultural industry, leaving them vulnerable to issues like climate change, reduced productivity and economic instability. People in LICs suffer from severe inequality, with limited access to things like clean water, education, and healthcare. Because of these challenges, these countries may face difficulties in improving their economy and living conditions. In GCSE Geography, understanding LICs helps us learn about global inequality, how countries are categorised, and how different parts of the world develop.