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The first country to graduate from LDC status was Botswana in 1994. The second country was Cape Verde in 2007. [28] Maldives graduated to developing country status at the beginning of 2011, Samoa in 2014, [6] [29] Equatorial Guinea in 2017, [30] Vanuatu in December 2020, [31] Bhutan in December 2023, [32] and São Tomé and Príncipe in ...
It is used to distinguish whether the country is a developed, a developing or an under-developed country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.
The macroeconomic indicators reveal the extent of poverty in the overall economy of Cambodia. Cambodia recorded a Gross Domestic Product of 16.7 billions in 2014, placing the country as accounting only for 0.7 percent of the economic activity of the entire ASEAN region. [9] The low GDP placed the country as the poorest country in the region.
The United Nations Development Programme (UNDP) compiles the Human Development Index (HDI) of 193 nations in the annual Human Development Report.The index considers the health, education, income and living conditions in a given country to provide a measure of human development which is comparable between countries and over time.
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia: 1,475,690 5,509 2 26 Thailand: 548,890 7,557 3 31 Singapore
A developing country is a sovereign ... Dependency theory – the notion that resources flow from a "periphery" of poor and underdeveloped ... including Cambodia.
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2024 Human Development Report.According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or ...
A country with a dictatorship type government is much easier to exploit and corrupt than one with a well-organized, elected government and core countries use this to their advantage. [14] Political unrest is usually a cause for military action from the core countries in order to protect their interests and keep a cooperative dictator or ...