Income Per Capita Of India 2020

This list contains projected gdp per capita nominal and ppp of top 50 countries economies in current prices of year 2019 and 2020 by imf alongside their world rank compare to world s average gdp growth rate and gdp.

Income per capita of india 2020. This represented a growth rate of 10 0 over the previous year. The economy of india is characterised as a developing market economy. It is expected to grow at the rate of 6 8. 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.

This was 1 26 406 during 2018 19. India gdp per capita for 2018 was 2 006 a 1 22 increase from 2017. Breaking it down to the state there was a stark difference in the decline between states with a total of 8 states. India gdp per capita for 2019 was 2 104 a 4 9 increase from 2018.

This is slower than its previous growth. India s per capita income was 1 25 408. India s per capita income was 1 13 500. According to the imf on a per capita income basis india ranked 142nd by gdp nominal and 124th by gdp ppp in 2020.

3 even if we take the yardstick of per capita income in us dollars at current prices it is only in 2020 that bangladesh s per capita income is above india s. Gdp per capita current us india from the world bank. To keep the income classification thresholds fixed in real terms they are adjusted annually for inflation. The updated data on gni per capita data for 2019 can be accessed here.

The gross domestic product per capita in india was last recorded at 2169 10 us dollars in 2019. Revisions to national accounts methods and data can also influence gni per capita. In terms of nsdp per capita inr at current prices goa has the highest per. The per capita net national income of india rised to rs 1 35 050 annum in 2019 20.

This page provides india gdp per capita actual values. The current covid 19 crisis may lead to a decline of 5 4 per cent in the per capita income pci of indians in fy21 to rs 1 43 lakh higher than the the nominal gdp decline of 3 8 per cent a report by the economics arm of top lender state bank of india said on tuesday. It is the world s sixth largest economy by nominal gdp and the third largest by purchasing power parity ppp. The gdp per capita in india is equivalent to 17 percent of the world s average.

India s per capita income is expected to be 1 36 048.