Is Ukraine a developing country?

Answer by  nuttree (1596)

As a "middle income country," Ukraine is considered a developing country by the World Bank. It is not desperately poor -- its per capita GDP of $7,800 in 2008 ranked it 83rd in the world -- but its per capita wealth is significantly less than that of fully developed countries, which have a per capita income of $11,9905 or more.

Answer by  tamarawilhite (17883)

Yes. The Ukraine is still behind the GDP and per capita income of Western Europe and other "First World" nations.

Answer by  Stuart (21)

Ukraine can be considered a developing country. Other indications that Ukraine is a developing country are in its economic output and population, both of which indicate that the country would qualify for this designation. Trade balance with other countries both the region and trading partners further afield indicate that Ukraine could well be considered a developing country.