A developed country is a country that has achieved (currently or historically) a high degree of industrialization, and which enjoys the higher standards of living which wealth and technology make possible. In most cases, countries with high per capita GDP are "developed countries"; sometimes high GDP can be achieved (usually temporarily) through natural resource exploitation (e.g. Saudi Arabia, oil; Nauru, phosphate) without the country becoming developed.
Observers often see strong correlations between countries with high economic development and their possessing robust democratic institutions or free market economies, though in neither case is the correlation absolute or uncontroversial.
Synonyms include industrialised countries, more economically developed countries (MEDC) and the First World.
Investing in property is possibly one of the best investments anybody can make in a lifetime provided you buy and sell at the right time, if property prices are dropping, hold on to your investment until prices start to increase again before you consider selling your investment.
There are countries that need skilled workers such as builders or electricians, foreign investment is needed to improve the infrastructure in some countries.
Before making an investment, it is worth considering what kind of investment you wish to make and whether it will improve your own life or those around you or both.
Countries coloured darker shades of green exhibit very high human development and are generally reckoned as developedcountries.
Countries with an HDI of 0.8 or more — largely corresponding to what the conventional definition of being a "developed"country is — exhibit high development, and those with an HDI between 0.5 and 0.8 (including many of the former Soviet and Eastern Bloc states) exhibit moderate development.
Slovenia is often considered a developedcountry, being classified as a high-income economy and net donor by the World Bank, and having a HDI higher than 0.9, ranked 26th in the world.
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