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What is the definition of a developing country? Which countries fall into this category?

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What is the definition of a developing country? Which countries fall into this category?

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The term developing country refers to a nation that has low to middle-income economic standing. The term is largely convenient [for analytical purposes] since not all the countries grouped under this classification are experiencing similar development. The World Bank published a list in 2003 distinguishing developed countries from developing ones. That list may be found at http://www.worldbank.org/annualreport/2003/pdf/v1_10_1.pdf under Part II Members. Data and statistics on currently developing countries may be found on the World Bank Group website at the following URL: http://worldbank.org/data/countryclass/classgroups.htm The same information in a consolidated excel format is available through the following link: http://worldbank.org/data/databytopic/CLASS.

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