We've got 27 shorthands for developed countries »
Acronyms that contain the term developed countries
What does developed countries mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: developed countries.
Term | Definition | Rating |
---|---|---|
LDC | Least Developed Countries | |
LLDCS | Lesser Developed Countries | |
LDCS | Least Developed Countries | |
LEDC | Least Economically Developed Countries | |
MEDCs | More Economically Developed Countries | |
MEDC | More economically developed countries | |
MDC | More Developed Countries | |
LDCs | Least Developed Countries as | |
MEDCS | More Economically Developed Countries these | |
LDCF | Least Developed Countries Fund | |
ALDC | Africa and Least Developed Countries | |
LDCS | Least Developed Countries in Scientific | |
ALDCs | African Least-Developed Countries | |
LEDC | Less economically developed countries | |
ALDC | Africa and Least Developed Countries | |
EMDC | Economically More Developed Countries | |
LDCT | Least Developed Countries Tariff | |
LDC | Less Developed Countries | |
LDCs | Least Developed Countries | |
LDCs | Least Developed Countries | |
LDCs | Least Developed Countries | |
LDCs | Least Developed Countries | |
LDCs | Least Developed Countries | |
UDC | Under Developed Countries | |
LDCF | Least Developed Countries Fund |
What does developed countries mean?
- 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.
Know what is developed countries? Got another good explanation for developed countries? Don't keep it to yourself!
Still can't find the acronym definition you were looking for? Use our Power Search technology to look for more unique definitions from across the web!
Citation
Use the citation options below to add these abbreviations to your bibliography.
Style:MLAChicagoAPA
"developed countries." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.abbreviations.com/developed%20countries>.
Discuss these developed countries abbreviations with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In