Quick Answer: Is Iran 3rd World Country?

What’s considered a 3rd world country?

The term Third World was originally coined in times of the Cold War to distinguish those nations that are neither aligned with the West (NATO) nor with the East, the Communist bloc.

Today the term is often used to describe the developing countries of Africa, Asia, Latin America, and Australia/Oceania..

Is Iran a low income country?

Lower-middle-income and upper-middle-income economies are separated at a GNI per capita of $4,125….Country Income Groups (World Bank Classification)AfghanistanLow incomeIndonesiaLower middle incomeIran, Islamic Rep.Upper middle incomeIraqUpper middle incomeIrelandHigh income: OECD210 more rows

Is Iran a successful country?

Iran’s economic freedom score is 49.2, making its economy the 164th freest in the 2020 Index. … Iran is ranked 13th among 14 countries in the Middle East and North Africa region, and its overall score is well below the regional and world averages.

What is the poverty rate in Iran?

Iran poverty rate for 2017 was 12.90%, a 0.6% decline from 2016. Iran poverty rate for 2016 was 13.50%, a 0.8% increase from 2015.

What is the most undeveloped country?

The Poorest Countries in the WorldDemocratic Republic of Congo. 2017 GDP per Capita: USD 439. … Mozambique. 2017 GDP per Capita: USD 429. … Uganda. 2017 GDP per Capita: USD 726. … Tajikistan. 2017 GDP per Capita: USD 777. … Yemen. 2016 GDP per Capita: USD 762. … Haiti. 2017 GDP per Capita: USD 776. … Ethiopia. 2016 GDP per Capita: USD 884. … Tanzania. 2017 GDP per Capita: USD 1037.More items…

Is Iran a developed country?

Iran has a broad and diversified industrial base. … According to the International Monetary Fund, Iran is a “transition economy”, i.e., changing from a planned to a market economy. The United Nations classifies Iran’s economy as semi-developed.

What are 1st 2nd and 3rd world countries?

The First World consisted of the U.S., Western Europe and their allies. The Second World was the so-called Communist Bloc: the Soviet Union, China, Cuba and friends. The remaining nations, which aligned with neither group, were assigned to the Third World. The Third World has always had blurred lines.

What is the richest country in world?

QatarMany of the world’s richest countries are also the world’s smallest….Advertisement.RankCountryGDP-PPP ($)1Qatar132,8862Macao SAR114,3633Luxembourg108,9514Singapore103,181105 more rows•Aug 3, 2020

Is China a low income country?

Today, China is an upper-middle-income country and the world’s second largest economy. But its per capita income is still only about a quarter of that of high-income countries, and about 373 million Chinese are living below the upper-middle-income poverty line of US$5.50 a day.

Is America a 1st world country?

Examples of first-world countries include the United States, Canada, Australia, New Zealand, Japan, and some Western European countries. The ways that first-world nations are defined can vary by perspective.

How many countries are in the world?

195How many countries are there in the world? Since South Sudan became an independent state on July 9, 2011, there are now 195 independent sovereign nations in the world (not including the disputed but de facto independent Taiwan), plus some 60 dependent areas, and several disputed territories, like Kosovo.