10 Developed Countries in The World
What is the HDI of developing countries?
The cutoff-points are HDI of less than 0.550 for low human development, 0.550–0.699 for medium human development, 0.700–0.799 for high human development and 0.800 or greater for very high human development.
Why is Pakistan HDI so low?
In 2020, Pakistan’s HDI had already fallen by two notches, placing it in the low human development category, due to its insufficient education, health, and income indicators. Now Pakistan ranks 161 out of 192 countries.
Why Sri Lanka HDI is high?
Sri Lanka has performed relatively well in terms of HDI since its introduction in 1990, largely due to early investments in the provision of universal access to basic education and basic healthcare.
Which country is poorest in HDI?
In total, the HDI is available for 190 countries and one territory. Global Data Lab also provides data on the HDI of Somalia, putting it at 0.361 (2019), the lowest in the world.
Why is China HDI so low?
China is still at a stage of “high consumption and low welfare” development, and HDI is lower in regions with higher consumption of natural resources.
Why India is lagging in HDI?
Increasing Income Inequalities amplify failings on other HDI indices of human development. Intergenerational income mobility is lower in countries with high-income inequality.
Top 10 Developed Countries in the World
A developed country is a term that refers to those nations that already achieved a high-quality lifestyle based on their developed economy and advanced technological infrastructure. However, the term has a long description that also includes many factors like income per capita, industrialization, standard of living, technological infrastructure, political stability, freedoms enjoyed by the residents, and so on.
In this article, we are going to discuss 10 developed countries in the World by keeping these factors in mind.