the progress of a country in terms of economic growth, the use of technology and human welfare
Low income country (LIC)
Countries that have a GNI per capita of $1,045 according to the World Bank.
Characteristics of LICS
Poorer countries that have mainly primary jobs such as farming and mining. Countries include Bangladesh and Mali.
High income country (HIC)
A country that has a GNI per capita of $12,746 or above according to the World Bank.
Richer countries that have lots of industry and service jobs such as the UK and Japan.
Newly Emerging Economies (NEE)
Countries that have begun to experience high rates of economic development, usually with rapid industrialisation.
No longer rely primarily on agriculture, have made gains in infrastructure and industrial growth, and are experiencing increasing incomes and high levels of investment.
Brazil, Russia, China and South Africa - examples of NEEs
Social development indicators
Relating to the development of the people of the place e.g. Literacy Rates
Economic development indicators
Relating to the finances and wealth of the place e.g. Gross National Income
GNI per head
Gross national income - a measure of the country's wealth. includes the total value of goods and services produced within a country plus income received from other countries minus similar payments made to other countries
Human Development Index (HDI)
Composite (combined) measure that considers life expectancy, GNI and an education index to give a value between 0 and 1, 1 being the most developed.
How many babies die per 1,000 live births per year.
People per doctor
How many people there are for every doctor in a country or place.
What percentage of the country is able to read and write as adults.
The average age a person can expect to live to at birth.
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