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

A wealthy nation isn't synonymous with a developed one Reviewed by Michael J Boyle Fact checked by Vikki Velasquez It's difficult to determine how best to quantify the difference between developed and ...

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 ...

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 ...