IMF Maps AI Preparedness: Where Does India Stand Among 174 Countries?

The International Monetary Fund (IMF) unveiled its AI Preparedness Index (AIPI) Dashboard on Tuesday, offering insights into the readiness of 174 global economies for artificial intelligence (AI) integration. Countries were categorized into Advanced Economies (AEs), Emerging Market Economies (EMs), and Low-Income Countries (LICs). Leading the pack are Singapore (0.80), Denmark (0.78), and the United States (0.77) among AEs, while India, with a score of 0.49, falls under EMs, ranking 72nd globally.

The index evaluates readiness across digital infrastructure, human capital policies, innovation, economic integration, and regulatory frameworks. According to IMF research, AI could impact 33% of jobs in AEs, 24% in EMs, and 18% in LICs, reshaping global employment dynamics significantly. Economist Giovanni Melina highlighted AI’s potential to boost productivity and create new jobs but cautioned against exacerbating inequality.

The (AI Preparedness Index) AIPI  Dashboard serves as a critical tool for policymakers and researchers to assess readiness and formulate inclusive policies harnessing AI’s transformative potential while mitigating its socio-economic impacts.