Discover what defines a newly industrialized country—economies transitioning from agriculture to industry, with notable GDP growth yet shy of being fully developed.

According to the OECD, there are only 37 countries belonging to the developed countries list. In contrast, there are 152 developing countries. At least, that’s the number according to the definition ...

This article was published in June 2022 and describes the change from using the legacy developed and developing regions categorization to the World Bank's income groups. For more recent updates please ...

B Advanced Economies: Definition and Coverage of Fiscal Monitor Data C Emerging Market and Middle-Income Economies: Definition and Coverage of Fiscal Monitor Data D Low-Income Developing Countries: ...

Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...