Middle income country

Middle income country,

Definition of Middle income country:

  1. A World Bank classification of a country in accordance with several indicators, one being economic. There are three economic categories: high, middle, and low, with the middle income category further subdivided into lower middle or upper middle income. Countries with per capita gross national incomes between $996 and $12,195 fall under this category.

Meaning of Middle income country & Middle income country Definition