Brazil is classified as a developing country because of its Human Development Index score, as of 2015. The HDI score is determined by specific criteria, including life expectancy, education, income, availability of healthcare and technological advancement.Continue Reading
Although it is still considered a developing nation, Brazil has experienced a high increase in its HDI score as of 2015. It is classified as a "high" HDI country, which is the quadrant that contains the upper tier of countries with ranks that place them in the middle of the developed nations list. The "high" tier is immediately beneath the top tier, in which the United States is ranked.
The life expectancy in Norway, the country with the highest HDI, is 81 years. In Brazil, by contrast, it is 73.5 years. Likewise, in Norway, most citizens have completed more than 12 years of schooling. In Brazil, most people have only seven years of formal schooling.
Brazil's national income per capita is barely more than $10,000. That is only about one-quarter of the per-capita income of the top five countries. This data indicates that although Brazil is clearly making efforts to improve the quality of life within the country, life in Brazil is still not quite on par with that of some of the nations with top HDI rankings. Thus, it is a developing country.Learn more about Economics