What does developed countries mean?

Definitions for developed countries
de·vel·oped coun·tries

This dictionary definitions page includes all the possible meanings, example usage and translations of the word developed countries.

Wikipedia

  1. developed countries

    A developed country (or industrialized country, high-income country, more economically developed country (MEDC), advanced 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 gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. Another commonly used measure of a developed country is the threshold of GDP (PPP) per capita of at least USD$22,000. In 2022, 36 countries fit all four criteria, while an additional 17 countries fit three out of four. Developed countries have generally more advanced post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialisation or are pre-industrial and almost entirely agrarian, some of which might fall into the category of Least Developed Countries. As of 2015, advanced economies comprise 60.8% of global GDP based on nominal values and 42.9% of global GDP based on purchasing-power parity (PPP) according to the IMF.

U.S. National Library of Medicine

  1. Developed Countries

    Countries that have reached a level of economic achievement through an increase of production, per capita income and consumption, and utilization of natural and human resources.

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Numerology

  1. Chaldean Numerology

    The numerical value of developed countries in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of developed countries in Pythagorean Numerology is: 5

Examples of developed countries in a Sentence

  1. Delhi Chief Minister Arvind Kejriwal:

    Today, India's position is better than many developed countries because we started lockdown early. If it is stopped now, all gains would be lost.

  2. President Dilma Rousseff:

    Brazil is one of a few developing countries to commit to an absolute emissions reduction target, we have one of the world's largest populations and GDP, and our targets are as ambitious or more ambitious than those of developed countries.

  3. Narendra Modi:

    Till now, this type of aircraft carrier was made only by developed countries. Today, India by entering this league has taken one more step towards becoming a developed nation.

  4. Ivan Png:

    Just as in developed countries, fair trade coffee and clothing has gained traction, we need to have the same certification for palm oil products and paper products.

  5. Michael Blythe:

    Australia is one of very few developed countries where nominal and real GDP can go in wildly different directions and it's all because of commodities, exports are driving a huge rise in national income that just doesn't show in real GDP.


Translations for developed countries

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"developed countries." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/developed+countries>.

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