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Developed country

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A developed country is a place with a high quality of life. These nations often have very strong economies. They also have advanced technology and great systems.

Map of developed countries by 6 criteria
Map of developed countries by 6 criteria

This means they have many tools to help people live well. People often call them advanced or industrialized countries. They are different from developing countries. Developing countries are often still building their industries. Some are mostly based on farming.

IMF Advanced Economies
IMF Advanced Economies

Experts use many different ways to measure development. One way is looking at the gross domestic product, or GDP. This measures the value of all goods and services made. Another way is checking income per person. Some groups also look at how many people work in services. This is called a post-industrial economy.

High Income Industrial Economies map
High Income Industrial Economies map

In these places, service jobs provide more wealth than factory jobs. Other groups look at industrialization. They check if a country makes high-tech products. This helps show how much a country has grown.

Many famous groups create these lists. The United Nations and the World Bank are two examples. The International Monetary Fund, or IMF, also makes lists.

WESP countries
WESP countries

The IMF says advanced economies make up 57.3% of global GDP. They also make up 41.1% based on purchasing-power parity. The Development Assistance Committee, or DAC, is a group of major donor countries. They talk about helping reduce poverty. There is also the Paris Club. This is a group of 22 permanent members. They help countries that have trouble paying debts.

One very important tool is the Human Development Index, or HDI. The HDI looks at more than just money. It checks life expectancy and how much education people get.

HDI2023Incrimental2
HDI2023Incrimental2

This shows how income is used for health and school. Since 1990, a few countries have held the highest scores. Norway has held the top spot many times. Japan and Canada have also had very high scores. Iceland held the top spot from 2007 to 2008. These scores show how well a country supports its people.

History shows how these ideas changed over time. The United Kingdom was the first industrialized country. Belgium was the second one to join.

World Bank High-income countries
World Bank High-income countries

Later, Germany and the United States became industrialized too. France and other Western European countries followed. Some experts say this divide is a newer thing. They believe it mostly happened during the 20th century. Today, we use these terms to help us understand the world. They help us track how nations grow and change.

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🖼️ Images & Media (9)
File:Map of developed countries by 6 criteria.png
Map of developed countries by 6 criteria.png
File:2023-25 U.N. Human Development Report (multicolored).svg
2023-25 U.N. Human Development Report...
File:HDI2023Incrimental2.svg
HDI2023Incrimental2.svg
File:WESP countries.png
WESP countries.png
File:World Bank High-income countries.png
World Bank High-income countries.png
File:DAC members and associates.png
DAC members and associates.png
File:IMF Advanced Economies.png
IMF Advanced Economies.png
File:Paris Club Permanent Members.png
Paris Club Permanent Members.png
File:High Income Industrial Economies map.png
High Income Industrial Economies map.png
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