What are the determining factors of developed countries?

A highly developed economy and technologically advanced infrastructure are determining factors of developed countries. A developed country is a sovereign state with high industrial and Human Development Index compared to other countries. It must also have a technologically advanced infrastructure, and its economy must be highly developed.

What makes a country a developed country?

A developed country is a sovereign state with high industrial and Human Development Index compared to other countries. It must also have a technologically advanced infrastructure, and its economy must be highly developed. It is also referred to as industrialized country or more developed country.

Are developed countries classified by the World Bank?

The map does not include classifications by the World Bank. A developed country, or advanced country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.