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Is Mongolia a developed country

Updated: 8/22/2023
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7y ago

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old:By the Western Standard, Mongolia is considered a third world country. A country with GDP per capita $3000 or less is considered a third world country and Mongolia's is $2000.

later:

it's 2016 and Mongolia's GDP is now about 10157 USD and economy is on the rise due to mineral based economic development.

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8y ago
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7y ago

yes

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