Countries around the world are often grouped into three categories: developed, developing, and least developed. These groups help us understand how countries differ in terms of economy, living ...

30 March 2026 - Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and ...

8 November 2024 - There are 32 countries classified as Landlocked Developing Countries (LLDCs): 16 are in Africa, five in Asia, eight in the Commonwealth of Independent States and South-Eastern Europe ...

In this case, developing economies include all those that are not classified as advanced economies. Growth in these territories will hold steady at about 4% over the next two years, according to the ...

WASHINGTON, Dec. 3, 2024—Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest ...

Low- and middle-income countries are rapidly urbanizing. As more people are moving to cities to find jobs and opportunities, roads are becoming more congested and local air quality suffers. More and ...

Developing countries spent a record $1.4tn (€1.3tn) to meet their foreign debt obligations in 2023, according to a new report from the World Bank. This came after many economies were compelled to take ...

The Council today formally adopted the revised Generalised Scheme of Preferences (GSP) regulation that grants EU trade preferences to developing countries, reinforcing the link between preferential ...

In an era where climate change poses unprecedented challenges, developing countries face mounting pressures on their water resources. The impacts manifest through disrupted water cycles and ...