Question

What indicator is used to classify countries as developed, developing and least developed?

Answer 1

Answer:

The term "less economically developed country" (LEDC) is also used today. During a United Nations review in 2018, the UN defined LDCs as countries meeting three criteria, one of which was a three-year average estimate of gross national income (GNI) per capita of less than US $1,025.

Answer 2

SEE HERE IS YOUR ANSWER...

Here, we shall look at some of the most common indicators of developed country :

#1 Gross Domestic Product (GDP)

#2 Gross National Product (GNP)

#3 GNP per capita.

#4 Birth and death rates.

#5 The Human Development Index (HDI)

• Human Development Index (HDI) Infant mortality rate.
• Human Development Index (HDI) Infant mortality rate. Literacy rate.
• Human Development Index (HDI) Infant mortality rate. Literacy rate. Life expectancy.

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