National Income of Developed,

Developing & Least Developed

Countries-An Analysis
Submitted To- Dr. M. Banumathi

By.
Anand Mallik
Reg. No.18382005
&
Arjun M.S
Reg. No.18382006
CLASSIFICATION

Economy
Economy Category
Category

Least
Least developed
developed Countries
Countries Developing
Developing Countries
Countries Developed
Developed Countries
Countries

Least
Least developed
developed Countries-
Countries- Less developed
Less developed industrial
industrial base.
base.
Low
Low Human Development Index
Human Development Index (HDI).
(HDI).

Developing Countries- Have significant industrial base.

Have better HDI when compared to LDCs.

Developed Countries- Highly developed industrial base

High HDI.
 The Countries are classified by the world bank.
 It is Calculated from their GNI per capita (World Bank Atlas method).
 They may fall in any of the income groupings:
• Low Income Group Or Least Developed Economy (<$995).
• Lower-middle Income Group ($996-$3,895)
Developing Economy.
• Upper-middle Income Group ($3,896-$12,055)
• High Income Group ($12,056>) Or Developed Economy.
 LEAST DEVELOPED COUNTRIES
UGANDA HAITI ETHIOPIA

GDP $ 25.891 billion (2017) $ 8.40 billion (2017) $ 80.561billion (2017)

GNI $78.005 billion(2017,PPP) $20.057 billion (2017,PPP). $198.104 billion (2017,PPP)
GNI
PER CAPITA $ 600 (2017) $ 760 (2017) $ 740 (2017)
GDP RANK 90th (nominal, 2017) 213th by per capita (at PPP, 2017) 69th (nominal) / 65th (PPP)
GDP GROWTH
5.2% (2015), 4.7% (2016),  1.2% (2015), 1.5% (2016),  10.4% (2015), 7.6% (2016), 
4.0% (2017e), 5.5% (2018f)  1.2% (2017e), 1.8% (2018f)  10.3% (2017e), 9.6% (2018f) 
Agriculture: 71.9% Agriculture: 21.9%  Agriculture: 35.60%, 
GDP BY
SECTOR Industry: 4.4% Industry: 20.8%  Services:42.2%, 
Services: 23.7% (2017 est.) Services: 57.3% (2017 est.) Industry: 22.2% (2015)
INFLATION
[CPI] 5.8% (2017 est.) 14.7% (2017 est.)  7.3% (2016)

GDP BY SECTOR GDP BY SECTOR GDP BY SECTOR

Agriculture Industry Agriculture Industry

Agriculture Industry
Services Services
SOURCE-WORLD BANK Services
 DEVELOPING COUNTRIES
INDIA SRI LANKA CHINA
GDP $ 2.6 trillion (2017) $ 87.174 billion (2017) $ 12.24 trillion (2017)
GNI $9.4486 trillion (2017 est. PPP) $267.353 billion (2017 est. PPP)  $23.241 trillion (2017 est, PPP)
GNI
PER CAPITA $ 1,820 (2017) $ 3,840 (2017) $ 8,690 (2017)
GDP RANK 6th[nominal,2016] 67th[nominal,2016] 71st (nominal) / 78th (PPP)
8.2%[2018],6.3%[2017] 1.4%[2018],4.5%[2017]
GDP GROWTH
9.2%[2016],8.4%[2015] 4.6%[2016],5.2%[2015] 6.9% (2017) 

Agriculture: 17.32% Agriculture: 7.8% Agriculture: 8.6%, 

GDP BY
SECTOR Industry: 29.02% Industry: 30.5% Services:51.6%, 
Services: 53.66% (2016) Services: 61.7% (2017) Industry: 39.8% (2016)
INFLATION
[CPI] 3.93 %[JUNE,2018] 4.3% [SEPTEMBER,2018] 2.1% (2018 est.)

GDP BY SECTOR GDP BY SECTOR GDP BY SECTOR

Agriculture Industry
SOURCE; WORLD BANK Services Agriculture Industry Agriculture Industry
Services Services
 DEVELOPED COUNTRIES
NORWAY DENMARK SWITZERLAND
GDP $ 398.831 billion (2017) $ 324.871 billion (2017) $ 678.887 billion (2017)
GNI $ 335.554 billion (2017, PPP) $ 297.452 billion (2017, PPP). $ 557.999 billion (2017, PPP)
GNI
PER CAPITA
$ 75,990 $ 55,220 $ 80,560

GDP RANK 25th[nominal,2016] 39th[nominal,2016] 19th[nominal,2012]

0.4%[2018],0.8%[2017] 0.2%[2018],2.4%[2017] 0.7%[2018],0.4%[2017]
GDP GROWTH
1.2%[2016],0.8%[2015] 1.1%[2016],0.1%[2015] 0.6%[2016],0.6%[2015]
Agriculture: 1.6%; Agriculture: 4.5%; Agriculture: 1.3%
GDP BY
SECTOR
industry: 34.7%; Industry: 19.1%; Industry: 27.7%
services: 63.5% (2016)  Services: 76.4% (2011) services :71.0% (2012)
INFLATION [CPI] 3.4% [JULY,2018] 0.6% [JULY,2018] 1% [JULY,2018]

GDP BY SECTOR GDP BY SECTOR GDP BY SECTOR

Agriculture Industry Agriculture Industry Agriculture Industry

Services Services Services
SOURCE; WORLD BANK
REFERENCES
 GOOGLE-PUBLIC DATA https://www.google.co.in/publicdata/explore?ds=d5bncppjof8f9_&
ctype=l&met_y=ny_gdp_mktp_cd
GDP-(Current US$)-World Bank https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
GNI-NATIONAL DATA-OECD https://data.oecd.org/natincome/gross-national-income.htm
GNI per capita, Atlas method (current US$) https://data.worldbank.org/indicator/ny.gnp.pcap.cd
CONCLUSION
They need to improve in-
The Least developed countries - Industrial & Service Sector.
The Developing Countries - Agricultural & Industrial Sector.
The Developed Countries - Agricultural Sector.