Least developed countries
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Market classification.
(LDCs).
A least developed country is one which has the lowest levels of development in its economy and capital markets.
Markets (in order of economic development) are often classified as:
- Developed;
- Emerging;
- Frontier;
- Least Developing.
Different organisations produce slightly different lists of countries within each of these categories.
Examples of least developed countries in the United Nations' classification include - in alphabetical order - Afghanistan, Angola, Bangladesh, Benin and Bhutan.
See also
- Capital market
- Developed market
- Developing country
- Economy
- Emerging currency
- Emerging market
- EMTA
- Frontier market
- International Bank for Reconstruction and Development
- Least Developed Countries Fund (LDCF)
- Market
- United Nations Conference on Trade and Development