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Fact Sheet# 20 |
NOT
AN OFFICIAL DOCUMENT
FOR
INFORMATION ONLY
JULY
2004
What are the Least Developed
Countries (LDCs)?
Fifty countries are currently designated by the United
Nations as “least developed countries” (LDCs). The
list is reviewed every three years by the Economic and Social Council (ECOSOC).
In its latest
triennial review of the list of Least Developed Countries in 2003, the Economic
and Social Council of the United Nations used the following three criteria for
the identification of the LDCs, as proposed by the Committee for Development
Policy (CDP):
-
a low-income
criterion, based on a three-year average estimate of the gross domestic product
per capita (under $750 for inclusion, above $900 for
graduation);
-
a human resource
weakness criterion, involving a composite Augmented Physical Quality of Life
Index (APQLI) based on indicators of: (a) nutrition; (b) health; (c) education;
and (d) adult literacy; and
-
an economic
vulnerability criterion, involving a composite Economic Vulnerability Index
(EVI) based on indicators of: (a) the instability of agricultural production;
(b) the instability of exports of goods and services; (c) the economic
importance of non-traditional activities (share of manufacturing and modern
services in GDP); (d) merchandise export concentration; and (e) the handicap of
economic smallness (as measured through the population in logarithm); and the
percentage of population displaced by natural disasters. (E/2004/33)
To be added to
the list, a country must satisfy all three criteria. To qualify for graduation,
a country must meet the thresholds for two of the three criteria in two
consecutive triennial reviews by the CDP. In addition, since the fundamental
meaning of the LDC category, i.e. the recognition of structural handicaps,
excludes large economies, the population must not exceed 75
million.
In the 2000
review,
Afghanistan, Angola, Bangladesh, Benin,
Bhutan, Burkina Faso, Burundi, Cambodia, Cape Verde, Central African Republic,
Chad, Comoros, Dem. Republic of Congo, Djibouti, Equatorial Guinea, Eritrea,
Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Kiribati, Lao People’s Dem.
Republic, Lesotho, Liberia, Madagascar, Malawi, Maldives, Mali,
Mauritania, Mozambique, Myanmar, Nepal, Niger, Rwanda, Samoa, Sao Tome and
Principe, Senegal, Sierra Leone, Solomon Island, Somalia, Sudan, Timor-Leste,
Togo, Tuvalu, Uganda, United Rep. of Tanzania, Vanuatu, Yemen,
Zambia.
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With
regard to the 2003 triennial review of the list, the CDP concluded that
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This
fact-sheet has been issued by the Public Inquiries Unit, Department of Public
Information, United Nations. Tel: 212-963-4475; fax:
212-963-0071;
E-mail: inquiries@un.org;
Website: http://www.un.org/geninfo/faq