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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.
List of countries by Human Development Index. 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.
A developed country (also known as an industrialised country or m ore e conomically d eveloped c ountry (MEDC)) is a country that has more businesses and infrastructures (roads, airports, electricity, etc) than a developing country. The numbers most used for measuring economic growth is gross domestic product (GDP) and per capita income ...
It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes.
The five most developed countries are Switzerland, Norway, Hong Kong, Iceland and Australia. How many countries are considered developed? As of the time of this writing, a total of 37 countries fit all of the four criteria used to determine if a country is developed or not. Frequently Asked Questions. Sources.
Oct 22, 2020 · The first definition is not really a definition but rather a classification. The World Bank considers any country with Gross National Income (GNI) per capita $12,536 or higher to be high-income, and therefore developed.
The Human Development Index (HDI) is a comparative measure of life expectancy, literacy, education and standards of living for countries worldwide. It is a standard way of measuring well-being, especially child welfare.
