World Bank Economy Classification

IE-IFS An Overview of Indian Economy Free JAIIB Capsule 440 views Updated 23 Sep 2026

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IE-IFS · An Overview of Indian Economy

How does the World Bank classify the Indian economy?

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Lower-middle income economy based on per capita income.

As of 2019, India's PCI was $1891. Economies are grouped into Low, Lower-Middle, Upper-Middle, and High Income.

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World Bank Economy Classification — Full Text

How does the World Bank classify the Indian economy?

Answer

Lower-middle income economy based on per capita income.

Additional notes

As of 2019, India's PCI was $1891. Economies are grouped into Low, Lower-Middle, Upper-Middle, and High Income.

Part of Indian Economy & Indian Financial System · An Overview of Indian Economy · Last updated 23 Sep 2026

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