middle-income trap

A form of middle income trap — The situation where a country that attains a certain income gets stuck at that level, being unable to compete with other more developed economies in the high-value-added market.

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Meanings

nounmiddle-income trap (plural middle-income traps)

plural middle-income traps

  1. alternativeAlternative form of middle income trap.
Cite this entry
APA

middle-income trap. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/middle-income%20trap

MLA

“middle-income trap.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/middle-income%20trap. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “middle-income trap,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/middle-income%20trap.

Source: middle-income trap on Wiktionary, CC BY-SA 4.0.