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- DictionaryDe·vel·op·ing coun·try/dəˈveləpiNG ˌkəntrē/
noun
- 1. a poor agricultural country that is seeking to become more advanced economically and socially.
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developing country, a country which, relative to other countries, has a lower average standard of living. There is no consensus on what defines a country as “developing” versus “developed,” but a variety of metrics have been applied to sort countries into these categories.
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon.
a country with little industrial and economic activity and where people generally have low incomes: Ministers insist that freer trade could reduce poverty in developing countries. Compare. developed country. less-developed country. underdeveloped country.
- Definition and Examples of Developing Countries
- How Developing Countries Work
- Developing Country vs. Emerging Market
A developing country is one with comparatively low economic output. There has been a lot of debate as to where to draw the line between a developed country and a developing one, which can be seen by the lack of one single meaning for the term. The United Nations has some rules for distinguishing between developed and developing countries. The World...
In the 1960s, classifying countries became common as a way to better understand the outcomes of countries in each group. Sorting countries into these groups allows for easier policy discussions on moving resources to the countries with impoverished populations. Organizations use different measures to determine how countries are classified. One such...
An emerging marketis a developing country that is investing in its productive capacity. The primary difference between these countries is the increased presence of industrialization. Unlike countries that rely on agriculture as their prime industry, emerging markets are making strides in technology, infrastructure, and manufacturing, leading to inc...
- Justin Kuepper
May 29, 2021 · What is a developing country? There is no universal definition of what constitutes a developing country. Overall, developing countries tend to have significantly lower economic and social indicators than developed countries on average.
a country with little industrial and economic activity and where people generally have low incomes: Ministers insist that freer trade could reduce poverty in developing countries. Compare. developed country. less-developed country. underdeveloped country.
A Developing Country is a nation that fares poorly on the HDI and has low levels of industrialization. HDI stands for Human Development Index. A developing country is less developed than a developed country. We also refer to developed countries as advanced economies.
