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The economy of Israel is a highly developed free-market economy. [23] [4] [24] [25] [26] The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par ...
Least developed countries: UN classification: 3.9 Income: 1: Low income countries: 4.5 2: Lower middle income countries: 2.6 3: Low and middle income countries: 2.4 4: Middle income countries: 2.1 5: Upper middle income countries: 1.6 6: High income countries: 1.5 Not ranked (no data or data from other years) 1 American Samoa - 2 Andorra: 1.3 ...
The country was ranked 91 out of 137 states and is far below the average scoring for development towards a democracy. [125] According to the 2023 V-Dem Democracy indices, the United Arab Emirates is the third least electoral democratic country in the Middle East. [126]
The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development.The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971.
Rank Country HDI 2022 data (2023-2024 report) rankings; Very high human development: 1 Seychelles 0.802 High human development: 2 Mauritius 0.796 3 Libya 0.746 4 Algeria 0.745
Economic classification of the world's countries and territories by the UNCTAD in 2023: the Global North (i.e., developed countries) is highlighted in blue and the Global South (i.e., developing countries and least developed countries) is highlighted in red.
For approximately a millennium, the Abrahamic religions have been predominant throughout all of the Middle East. [1] [2] [3] The Abrahamic tradition itself and the three best-known Abrahamic religions originate from the Middle East: Judaism and Christianity emerged in the Levant in the 6th century BCE and the 1st century CE, respectively, while Islam emerged in Arabia in the 7th century CE.
The country tested what is called a "peaceful nuclear explosive" in 1974 (which became known as "Smiling Buddha"). The test was the first test developed after the creation of the NPT, and created new questions about how civilian nuclear technology could be diverted secretly to weapons purposes (dual-use technology).