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Developing countries are mostly those which have moderate per capita income, standard of living is low and not much industrialized.
developing country
by comparing real GDP per capita
2007/08ProductionMillion TonsExportsMillion TonsPopulationMillionsPer Capita Consumption KgsBrazil31.35520.95719058India28.8043.29811720EU17.5671.40049034China14.674-31411Thailand8.0335.2886536United States7.701-30129Mexico5.9780.35010752SADC5.8342.41015722Australia5.0133.7502047Pakistan4.891-16525
GDP per capita is generally lower, and poverty rates are generally higher, in countries with lower standards of living.
RankCountriesAmount# 1United States:$9,780,000,000,000.00# 2Japan:$4,520,000,000,000.00# 3Germany:$1,940,000,000,000.00# 4United Kingdom:$1,480,000,000,000.00# 5France:$1,380,000,000,000.00# 6China:$1,130,000,000,000.00# 7Italy:$1,120,000,000,000.00# 8Canada:$682,000,000,000.00# 9Spain:$588,000,000,000.00# 10Mexico:$550,000,000,000.00# 11Brazil:$529,000,000,000.00# 12India:$477,000,000,000.00# 13Netherlands:$390,000,000,000.00# 14Australia:$386,000,000,000.00# 15Switzerland:$277,000,000,000.00# 16Argentina:$260,000,000,000.00# 17Russia:$253,000,000,000.00# 18Belgium:$245,000,000,000.00# 19Sweden:$226,000,000,000.00# 20Austria:$195,000,000,000.00
In relation to which country?
Developed is past tense which means that it has already occurred, whereas developing is present (continuous) tense and refers something happening currently.With regard to world economies, the distinction is that developed countries have a higher level of production and per capita income than countries defined as developing (less developed).
Capita is from Latin and means "head". The phrase "per capita" literally means "for each head" and is used to measure things in relation to a population. For example, income per capita is a phrase frequently used.
Singapore is a developed country. Singapore is the fourth wealthiest country in the world in terms of GDP (PPP) per capita, and the twentieth wealthiest in terms of GDP (nominal) per capita. Singapore is one of the most developed countries in the world.
Algeria Is still a developing country....so its not rich that much
"Per capita" means "per person" - so this is just the average per person. If the style of life is similar in two countries, you would expect the per capita income, and per capita expenses, to be similar in both countries, even if they have vastly different populations.