---
title: "Goldman says poor nations still catching up despite trade slowdown"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288452188.md"
description: "Goldman Sachs reports that poorer economies are still catching up with richer ones, defying globalization slowdowns. Asia, led by China, India, Indonesia, and Bangladesh, drives this income gap narrowing. Emerging markets are forecast to grow at 3.8% annually from 2024-29, more than double the rate of developed economies."
datetime: "2026-06-02T15:41:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288452188.md)
  - [en](https://longbridge.com/en/news/288452188.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288452188.md)
---

# Goldman says poor nations still catching up despite trade slowdown

Convergence trend holds: Goldman Sachs says poorer economies are still catching up with richer ones when weighted by population, defying globalization slowdown. Asia leads progress: China, India, Indonesia, and Bangladesh account for over 40% of the world’s population and have driven most of the income gap narrowing. Growth outlook strong: Emerging markets are forecast to grow at 3.8% annually in 2024-29, more than double the rate of developed economies.

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