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Developing country. Different people have tried to classify countries into different groups. This is usually done either by looking at how rich people are, on average, in different countries. Most of the time there are two groups, namely developing countries and developed ones.
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. There is also no clear agreement on which countries fit this category.
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Developing countries World USA; Total population: 6.8 bn: 8.0 bn: 333.3 m: GNP per capita: 6,022 USD: 12,869 USD: 76,770 USD: Government debt (% of GDP) 54.3 %: 61.9 %: 110.1 %: Expenditure on education (% of GDP) 3.8 %: 4.2 %: 5.4 %: Unemployment rate: 6.4 %: 5.8 %: 3.6 %: Literacy rate: 83.7 %: 87.0 %: 79.0 %: Electricity access: 90.2 %: 91.4 ...
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.
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.
Jun 11, 2018 · Developing countries — generally referring to the countries of Africa, Asia, and Latin America — is a term that was inspired by Walt Whitman Rostow ’ s classic work, The Stages of Economic Growth: A Non-Communist Manifesto (1960).
