The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development. The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971.
A country can be classified among the least developed countries when it meets the three following criteria:
Sustainable Development Goal 11 (SDG 11 or Global Goal 11), titled "sustainable cities and communities", is one of 17 Sustainable Development Goals established by the United Nations General Assembly in 2015. The official mission of SDG 11 is to "Make cities inclusive, safe, resilient and sustainable". The 17 SDGs take into account that action in one area will affect outcomes in other areas as well, and that development must balance social, economic and environmental sustainability.
SDG 11 has 10 targets to be achieved, and this is being measured with 15 indicators. The seven outcome targets include safe and affordable housing, affordable and sustainable transport systems, inclusive and sustainable urbanization, protection of the world's cultural and natural heritage, reduction of the adverse effects of natural disasters, reduction of the environmental impacts of cities and to provide access to safe and inclusive green and public spaces. The three means of implementation targets include strong national and regional development planning, implementing policies for inclusion, resource efficiency, and disaster risk reduction in supporting the least developed countries in sustainable and resilient building.
Oceania (UK: /ˌoʊsiˈɑːniə, ˌoʊʃi-, -ˈeɪn-/ OH-s(h)ee-AH-nee-ə, -AY-, US: /ˌoʊʃiˈæniə, -ˈɑːn-/ OH-shee-A(H)N-ee-ə) is a geographical region including Australasia, Melanesia, Micronesia, and Polynesia. Outside of the English-speaking world, Oceania is generally considered a continent, while Mainland Australia is regarded as its continental landmass. Spanning the Eastern and Western hemispheres, at the centre of the water hemisphere, Oceania is estimated to have a land area of about 9,000,000 square kilometres (3,500,000 sq mi) and a population of around 46.3 million as of 2024. Oceania is the smallest continent in land area and the second-least populated after Antarctica.
Oceania has a diverse mix of economies from the highly developed and globally competitive financial markets of Australia, French Polynesia, Hawaii, New Caledonia, and New Zealand, which rank high in quality of life and Human Development Index, to the much less developed economies of Kiribati, Papua New Guinea, Tuvalu, Vanuatu, and Western New Guinea. The largest and most populous country in Oceania is Australia, and the largest city is Sydney. Puncak Jaya in Indonesia is the highest peak in Oceania at 4,884 m (16,024 ft).
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C., in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations have been established over time:
The first two are sometimes collectively referred to as the World Bank. They provide loans and grants to the governments of low- and middle-income countries for the purpose of pursuing economic development. These activities include fields such as human development (e.g. education, health), agriculture and rural development (e.g. irrigation and rural services), environmental protection (e.g. pollution reduction, establishing and enforcing regulations), infrastructure (e.g. roads, urban regeneration, and electricity), large industrial construction projects, and governance (e.g. anti-corruption, legal institutions development). The IBRD and IDA provide loans at preferential rates to member countries, as well as grants to the poorest countries. Loans or grants for specific projects are often linked to wider policy changes in the sector or the country's economy as a whole. For example, a loan to improve coastal environmental management may be linked to the development of new environmental institutions at national and local levels and the implementation of new regulations to limit pollution. Furthermore, the World Bank Group is recognized as a leading funder of climate investments in developing countries.
A developing country is a country with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The terms low-and middle-income country (LMIC) and newly emerging economy (NEE) are often used interchangeably but they refer only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high-, upper-middle-, lower-middle-, and low-income countries. Least developed countries, landlocked developing countries, and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries.
There are controversies over the terms' use, as some feel that it perpetuates an outdated concept of "us" and "them". In 2015, the World Bank declared that the "developing/developed world categorization" had become less relevant and that they would phase out the use of that descriptor. Instead, their reports will present data aggregations for regions and income groups. The term "Global South" is used by some as an alternative term to developing countries.
A developed country, or advanced country, is a country that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. In 2025, 40 countries fit all three criteria, while an additional 22 countries fit two out of three.
Developed countries have generally more advanced post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialisation or are pre-industrial and almost entirely agrarian, some of which might fall into the category of Least Developed Countries. As of 2023, advanced economies comprise 57.3% of global GDP based on nominal values and 41.1% of global GDP based on purchasing-power parity (PPP) according to the IMF.
Global North and Global South are terms that denote a method of grouping countries based on their defining characteristics with regard to socioeconomics and politics. According to UN Trade and Development (UNCTAD), the Global South broadly comprises Africa, Latin America and the Caribbean, Asia (excluding Israel, Japan, and South Korea), and Oceania (excluding Australia and New Zealand). Most of the Global South's countries are commonly identified as lacking in their standard of living, which includes having lower incomes, high levels of poverty, high population growth rates, inadequate housing, limited educational opportunities, and deficient health systems, among other issues. Additionally, these countries' cities are characterized by their poor infrastructure. Opposite to the Global South is the Global North, which the UNCTAD describes as broadly comprising Northern America and Europe, Israel, Japan, South Korea, Australia, and New Zealand. Consequently the two groups do not correspond to the Northern Hemisphere or the Southern Hemisphere, as many of the Global South's countries are geographically located in the north and vice-versa.
More specifically, the Global North consists of the world's developed countries, whereas the Global South consists of the world's developing countries and least developed countries. The Global South classification, as used by governmental and developmental organizations, was first introduced as a more open and value-free alternative to Third World, and likewise potentially "valuing" terms such as developed and developing. Countries of the Global South have also been described as being newly industrialized or in the process of industrializing. Many of them are current or former subjects of colonialism.
The United Nations geoscheme is a system that divides 248 countries and territories in the world into six continental regions, 22 geographical subregions, and two intermediary regions. It was devised by the United Nations Statistics Division (UNSD) based on the M49 coding classification. The creators note that "the assignment of countries or areas to specific groupings is for statistical convenience and does not imply any assumption regarding political or other affiliation of countries or territories".
The UNSD geoscheme was created for statistical analysis and consists of macro-geographical regions arranged to the extent possible according to continents. Within each region, smaller geographical subregions and sometimes intermediary regions contain countries and territories. Countries and territories are also grouped non-geographically into selected economic and other sets, such as the landlocked developing countries, the least developed countries, and the Small Island Developing States.