an economy that is in the process of growth and development, often characterized by low income and insufficient industrialization.

an economy that has not yet reached the levels of industrialization and income associated with developed countries.

अर्थव्यवस्था जो विकसित देशों के औद्योगीकरण और आय के स्तर तक नहीं पहुंची है

English Usage: Many challenges face a developing economy in its quest for stability.

Hindi Usage: एक विकसित हो रही अर्थव्यवस्था के समक्ष स्थिरता की खोज में कई चुनौतियाँ हैं।