A Newly Industrialized Country (NIE) is a country whose economic development falls between the developing and highly developed classifications.
The most important sign that a country is turning into an NIE is a significant increase in gross domestic product, even if this growth lags behind that of developed countries.
The question of which countries should be included in the list of existing NISs is open to some discussion among experts and economists.
Highly developed countries can find opportunities such as outsourcing in newly industrialized countries.