Growth Rate Of Per Capita Income In India

Annual growth rate of per capita net national income at current prices across india from financial year 2013 to 2016 with estimates until 2020 chart.

Growth rate of per capita income in india. Gdp per capita in india averaged 776 61 usd from 1960 until 2019 reaching an all time high of 2169 10 usd in 2019 and a record low of 330 20 usd in 1960. January 25 2020. To get to per capita income levels of developed countries india needs to grow at 8 to 9 per cent per annum for 22 years. The per capita net national income of india rised to rs 1 35 050 annum in 2019 20.

Per capita income of indian states 2019 20. Between 1950 51 and 2007 08 the indian economy registered rate of growth of 4 8 p c. National income has risen from rs 5 66 931 crore in 1980 81 to rs 27 60 325 crore in 2007 08. The gdp per capita in india is equivalent to 17 percent of the world s average.

This was 1 26 406 during 2018 19. Annual growth rate of per capita net national income at constant prices across india from financial year 2013 to 2016 with estimates until 2020 chart. That is the kind of challenge we have in this country said former rbi. The gross domestic product per capita in india was last recorded at 2169 10 us dollars in 2019.

January 25 2020. At current prices gdp per capita growth rates for year 2018 19 is 9 87. However in the 1980s and 1990s we have been able to grow at the rate of about 6 p c. In 2018 19 the monthly per.

The previous low was 5 03 in 2013 14. In terms of nsdp per capita inr at. This page provides india gdp per capita actual values. The growth in gdp per capita was slowest since 2014 15.

India s per capita income grew at a slower pace of 8 6 per cent to rs 1 12 835 during the last fiscal ended march 2018 official data showed on thursday. Gdp per capita growth of india at constant 2011 12 prices in the year 2018 19 is estimated at 5 53 percent as compared to the growth rate of 5 78 percent in 2017 18. It is a welcome development.