A developed country, industrialized country, more developed country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. read more
South Korea is a “developed” country based on pretty much every metric that is applied to measure “development”. Having said that, it seems South Korea is often viewed through a hyper critical lens for whatever reason. read more
South Korea's per capita GDP, at $34,549 as of 2016, meets developed-country criteria by any reasonable standard. Life expectancy is an impressive 81 years; the infant mortality rate is similarly low, at three per 1,000 live births. As of 2016, South Korea's HDI is 0.89. Spain. Spain is a developed country. read more