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A developed country, or high-income country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.
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No data. The Human Development Report includes all 193 [16] member states of the United Nations, as well as Hong Kong SAR and the State of Palestine, except for DPR Korea (North Korea), Monaco. Some components of the index may be calculated for these countries.
SHOW ALL QUESTIONS. A developed country, or high-income country, 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 ...
Developed countries are those that have a high level of human development, measured by indicators such as income, education, health, and life expectancy. This article provides an overview of the concept and criteria of developed countries, as well as some examples and lists of countries by different classifications.
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According to the International Monetary Fund, developed countries supplied over half of the global GDP in 2010. In 2012, the major advanced economies were the US, Japan, Germany, France, the UK, Italy, and Canada. These are also called the G7. The G7 has 10% of the world's population, but produces nearly 40% of the world's GDP. They also control ma...
Terms similar to developed country include advanced country, industrialised country, more developed country (MDC), more economically developed country (MEDC) (compared to less economically developed country(LEDC)), Global North country, first-world country, and post-industrial country.
Economic criteria are usually seen as most important. This includes income per capita (average money for each person). Countries with high GDP per capita and mature industrialization are described as developed countries. But modernization is not always seen as the only way to measure progress. Recently, another measure, the Human Development Index ...
Learn how the United Nations measures human development in the world's countries by tracking dozens of data points across various sectors. See the top 10 developed countries based on the 2021 HDI and compare them with other sources.
Oct 22, 2020 · What is a Developed Country? October 22, 2020 assaj401 2 Comments. Any discussion of economic development – either implicitly or explicitly – contains the distinction between developed countries and developing (or under-developed) countries.