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A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. [3] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. [4][5] The terms low and middle-income country (LMIC) and newly ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 September 2024. World map representing Human Development Index categories (based on 2022 data, published in 2024) Very high (≥ 0.800) High (0.700–0.799) Medium (0.550–0.699) Low (≤ 0.549) Data unavailable World map of countries or territories by Human Development Index scores in increments of ...
A developed country, or advanced country, [3][4] is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national ...
Vietnam is a developing country with a lower-middle-income economy. It has high levels of corruption , censorship , environmental issues and a poor human rights record ; the country ranks among the lowest in international measurements of civil liberties , freedom of the press , and freedom of religion and ethnic minorities .
There are 33 countries that are classified as least developed countries in Africa, eight in Asia, three in Oceania, and one in the Americas. The list of "least developed countries" according to the United Nations with some that are categorized into the landlocked developing countries and the Small Island Developing States: [19] Africa. Angola.
The Human Development Index (HDI) is a summary index assessing countries on 3 dimensions, health, education and standard of living using life expectancy at birth, expected years of schooling for children and mean years of schooling for adults, and GNI PPP per capita. The final HDI is a value between 0 and 1 with countries grouped into four ...
Emerging and Developing Asia: 5.2 Emerging and Developing Europe: 2.4 Emerging market and developing economies: 4.0 Euro area: 0.7 European Union: 0.7 Latin America and the Caribbean: 3.4 Major advanced economies (G7) 1.5 Middle East and Central Asia: 2.0 Other advanced economies: 1.8 Sub-Saharan Africa: 3.3 World 3.0
Chile is a developing country with a high-income economy and is one of the most economically and socially stable nations in South America, leading Latin America in competitiveness, per capita income, globalization, peace, and economic freedom. [ 17 ]