Advanced economy is a classification used by the International Monetary Fund (IMF) in its World Economic Outlook (WEO) to group countries with relatively high levels of economic development. The IMF classifies countries based on factors such as high gross domestic product (GDP) per capita, export diversification, and integration into the global financial system.
Advanced economy is a classification used by the International Monetary Fund (IMF) in its World Economic Outlook (WEO) to group countries with relatively high levels of economic development. The IMF classifies countries based on factors such as high gross domestic product (GDP) per capita, export diversification, and integration into the global financial system.
Source: Wikipedia "Advanced economy" · CC BY-SA 4.0
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