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

Developed and Developing Countries: An Overview It's difficult to determine how best to quantify the difference between developed and developing countries. Although gross domestic product (GDP) is one ...

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 ...

In the late 1960s, the United Nations began to pay special attention to the least developed countries, recognizing those countries as the most vulnerable among the international community. The ...

The global financial position has remained stable since the April 2024 world economic outlook update from the IMF. According to the IMF July 2024 update, global economic growth is expected to be at ...