**Neither.** Asia is a continent, not a country—so it cannot be classified as an LEDC (Less Economically Developed Country) or MEDC (More Economically Developed Country).
Asia contains both:
The **development gap within Asia is extreme**—GDP per capita ranges from ~$500 (Afghanistan) to ~$130,000 (Singapore, PPP). Subregions (East, Southeast, South, Central, West Asia) have distinct economic profiles.
**Outdated terms:** LEDC/MEDC replaced by **World Bank classifications**: Low, Lower-middle, Upper-middle, High income.