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Mexico is a Upper-Middle income nation, with a GDP (PPP) of $15,400, a HDI (Human Development Index) of .850, and a poverty rate of 13% with a Food based definition, and 17% if asset based poverty is added in. It cannot be classified as a developing nation, because it has higher standards of living, better education, healthcare, and an expansive infrastructure, not typical of developing nations.

To answer your question, Mexico is not a developing nation, but an Upper-middle income nation, in transition to developed status.

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10y ago
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13y ago

Honduras is considered a "developing" country because in terms of income, life expectancy and even literacy (in other words, quality of life) it is sadly inferior to the standards of well-developed countries -- as established by institutions such as the World Bank or the United Nations.

A developing country is not necessarily lacking in natural resources, but its citizens have low incomes and less access to education.

In Honduras, 65% of the population is below the poverty line, which makes it the second poorest country in Central America (the first being Nicaragua).

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13y ago

Because it is still developing in regards to the economy.

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14y ago

Yes

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15y ago

developing.

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13y ago

Developing.

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Q: Why is Honduras a developing country?
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