What is the population percentage of the world that falls under developing economies?

The population percentage of the world that falls under developing economies aligns with the choice of 61%. This percentage reflects the common understanding of global economic classifications, where a significant portion of the world’s population resides in countries categorized as developing. These economies are characterized by lower income levels, less industrialization, and varying degrees of infrastructure and development relative to developed countries.

The classification of economies into developing and developed helps in understanding global economics, development policies, and the challenges those countries face, such as poverty and inequality. As of recent data and analyses, the figure of approximately 61% underscores the stark reality that a majority of people globally live in developing contexts, impacting discussions in international business regarding market potential, investment opportunities, and social dynamics.

In this context, other options listed do not accurately represent the current demographic proportions seen in developing versus developed economies.