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The current 47 countries, with a total of 1.15 billion people, account for 14.34 percent of the world's population. The vast majority come from Africa. This is followed by a few countries in Southeast Asia, as well as Oceania. Europe and America are unrepresented, with one exception, Haiti.
Underdeveloped countries are alternately called low-income countries (a term growing in popularity) by World Bank and called emerging markets, newly industrialized countries, or members of the "Global South" by various other organizations.
Bhutan becomes seventh country to graduate out of Least Developed Country category
As defined by the United Nations, least developed countries (LDCs) are low-income countries that face significant challenges in their efforts to develop a sustainable and self-supporting economy. There are currently 46 LDC countries, the majority of which are located in Africa, and to a lesser extent, South America and Asia/Oceania.
There are 33 countries that are classified as least developed countries in Africa, eight in Asia, three in Oceania, and one in the Americas. The list of "least developed countries" according to the United Nations with some that are categorized into the landlocked developing countries and the Small Island Developing States : [ 19 ]
List of Least Developed Countries (as of 18 December 2023)*. Country Year of inclusion. Country Year of inclusion. Afghanistan 1971. Malawi 1971. Angola1 1994. Mali 1971. Bangladesh4 1975.
