The first world is defined as the countries that are affiliated with the USA, so that's not strictly accurate. However, we can say it's a developing country - a first-world developing country.
It's probably time to sit down, drink a cold one (or whatever relaxes you) and admit to yourself that the semantics have drifted.
It's probably time to sit down, drink a cold one (or whatever relaxes you) and admit to yourself that the semantics have drifted.