2. LLEDC LEDC RIC OPEC MEDC NIC The Development Pathway more developed
3. LLEDC Least Less Economically Developed Country Least economically developed. Countries lagging behind the main LEDC cluster. Examples: Ethiopia Nepal
4. LLEDC Less Economically Developed Country Mainly agricultural employment. Examples: Bangladesh Morocco LEDC
5. LLEDC Recently Developed Country Manufacturing based. Started their modern industrialization in 1980s and 1990s. Examples: Thailand Chile RIC
6. LLEDC Oil and Petroleum Exporting Country Examples: Saudi Arabia Venezuela OPEC
7. LLEDC Newly Industrialised Country Manufacturing based. Started their modern industrialization in the 1960s. Examples: South Korea Portugal NIC
8. LLEDC More Economically Developed Country Highest standards of living. Examples: France USA MEDC