developing Meaning in the Cambridge English Dictionary
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Meaning of “developing” in the English Dictionary

"developing" in British English

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uk   us   /dɪˈvel.ə.pɪŋ/
B2 A developing ​country or ​area of the ​world is ​poorer and has less ​advancedindustries, ​especially in ​Africa, ​LatinAmerica, or ​Asia: the developing ​world/​countries/​nations [before noun] growing or ​becomingstronger or more ​advanced
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(Definition of developing from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"developing" in American English

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developingadjective [not gradable]

 us   /dɪˈvel·ə·pɪŋ/
growing or ​becomingstronger or more ​advanced: a developing ​fetus politics & government Developing ​countries have less ​advancedindustries and little ​wealth but have the ​ability to ​become more ​advanced.
(Definition of developing from the Cambridge Academic Content Dictionary © Cambridge University Press)

"developing" in Business English

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developingadjective [before noun]

uk   us   /dɪˈveləpɪŋ/ ECONOMICS
poor, but ​trying to ​grow and becoming more ​advanced by ​creating new ​industries and a ​strongereconomy: Internet use is almost ​universal in ​industrialized countries, and is ​growing rapidly in the developing ​world as well. Fast-growing ​airlines in developing ​markets tend to have newer ​fleets then their ​competitors in countries where ​airtravel is well ​established. developing ​nations/​economies
(Definition of developing from the Cambridge Business English Dictionary © Cambridge University Press)
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