![]() The three groups that are not "high income" are together referred to as "low and middle income countries" (LMICs). high income countries (similar to developed countries).low income countries (similar to least developed countries).The World Bank classifies the world's economies into four groups, based on Gross National Income per capita, re-set each year on July 1: Classification of any given country differs across sources, and sometimes these classifications or the specific terminology used is considered disparaging.Ī map of World Bank high-income economies in 2019 high-income economies are indicated in blue, while former high-income economies are shown in teal. There are several terms used to classify countries into rough levels of development. 7.2 Countries and regions that are graduated developed economiesĭefinitions Terms used to classify countries.7.1 Developing countries according to International Monetary Fund.5.7.1 Particular vulnerability to climate change.4.1 Government, politics and administration.If the Sustainable Development Goals which were set up by the United Nations for the year 2030 are achieved, they would overcome many of these problems. ĭevelopment aid or development cooperation is financial aid given by foreign governments and other agencies to support developing countries' economic, environmental, social, and political development. The effects of climate change are expected to impact developing countries more than high-income countries, as most of them have a high climate vulnerability or low climate resilience. The burden of infectious diseases, maternal mortality, child mortality and infant mortality are typically substantially higher in those countries. People in developing countries usually have a lower life expectancy than people in developed countries, reflecting both lower income levels and poorer public health. Often, there is also widespread poverty, high crime rates, low education levels, inadequate access to family planning services, many informal settlements, corruption at all government levels, and political instability.Īccess to healthcare is often low. air pollution, indoor air pollution, water pollution) higher proportion of people with tropical and infectious diseases ( neglected tropical diseases) a higher number of road traffic accidents and generally poorer quality infrastructure. For example, with regards to health risks, and compared to high income countries they commonly have: lower levels of access to safe drinking water, sanitation and hygiene energy poverty higher levels of pollution (e.g. The term " Global South" is used by some as an alternative term to developing countries.ĭeveloping countries tend to have some characteristics in common often due to their histories or geographies. Instead, their reports will present data aggregations for regions and income groups. In 2015, the World Bank declared that the "developing/developed world categorization" had become less relevant and that they will phase out the use of that descriptor. There are controversies over this term's use, which some feel perpetuates an outdated concept of "us" and "them". Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. The term low and middle-income country ( LMIC) is often used interchangeably but refers only to the economy of the countries. There is also no clear agreement on which countries fit this category. However, this definition is not universally agreed upon. ![]() A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries.
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