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Here is the visual comparison showing the 10-year trajectory of China and India's Per Capita Income relative to the World Bank's High-Income threshold:
Key Visual Observations
- China's Convergence: China's GNI per capita has grown steadily from $7,940 in 2015 to $13,550 in 2024, nearly meeting the High-Income threshold line ($14,005).
- India's Steady Baseline: India's per capita income expanded from $1,580 in 2015 to $2,650 in 2024, placing it firmly within the lower-middle-income bracket.
- Threshold Movement: The World Bank High-Income threshold itself shifted upward from $12,475 to $14,005 over the decade due to global inflation adjustments.
