What is the population percentage of the world that is categorized as advanced economies?

The percentage of the world's population categorized as advanced economies is indeed around 14%. Advanced economies are typically defined as countries that have high levels of income, are well-developed in terms of infrastructure and capita GDP, and often exhibit higher standards of living and more diverse economic structures compared to developing nations.

These countries, while important in terms of economic output and innovation, represent a smaller portion of the global population since many developing countries constitute significant populations. Advanced economies include nations such as the United States, Canada, Japan, and most countries in Western Europe.

In contrast, options reflecting 25%, 61%, or 75% overstate the proportion of the world's population that resides in these economically developed regions. Understanding this distinction is crucial when analyzing global economic demographics and recognizing the contribution of both advanced and developing nations to the world economy.