Which country is most developing country?

The United States was the richest developed country on Earth in 2020, with a total GDP of $20.95 trillion. China was the richest developing country on Earth in 2020, with a total GDP of $14.72 trillion.

What countries are developing the most?

Top Five Fastest Developing Countries

  • Argentina. Contrary to popular belief, Argentina is actually considered a developing country.
  • Guyana. Experts have said that Guyana has one of the fastest-growing economies in the world.
  • India.
  • Brazil.
  • China.

Which is the most developing country in 2021?

Nevertheless, here’s a look at the five fastest growing economies in 2021, based on IMF’s April 2021 projections.

  1. Libya. 2020: (59.72%) 2021: 130.98% 2022: 5.44%
  2. Macao SAR. 2020: (56.31%) 2021: 61.22% 2022: 43.04%
  3. Maldives. 2020: (32.24%) 2021: 18.87%
  4. Guyana. 2020: 43.38% 2021: 16.39%
  5. India. 2020: (7.97%) 2021: 12.55%

What are the top 5 developed countries in the world?

Here is the list of the top 10 developed countries according to Gross Domestic Product sorted alphabetically.

  • Canada.
  • France.
  • Germany.
  • Italy.
  • Japan.
  • Switzerland.
  • United Kingdom.
  • United States of America. In terms of GDP, the United States of America stands at number one position.

Is India a developing country?

India is an emerging and developing country (EDC) found in southern Asia. It is the world’s largest democracy , and one of the world’s fastest growing economies. In 2013 India was the seventh richest country in the world.

Which is fastest developing country?

India is the world’s fastest-growing major economy in the world, according to Gross domestic product (GDP) growth projections in the Financial Year (FY) 2022 by the International Monetary Fund (IMF).

Is India developing fast?

India’s economy is expected to grow 7.2% in 2021, the second highest in the world after China but the growth will slowdown to 6.7% in 2022, said UNCTAD in its Trade and Development Report 2021. Agencies India’s growth comes amid a 5.3% projection for global growth, its fastest rate in nearly five decades.

Is Pakistan a developed country?

Pakistan is a developing country with a semi-industrial economy.