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NSDP per capita of Indian states and union territories, 2018–19. This is a list of Indian states and union territories by NSDP per capita. Net state domestic product (NSDP) is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods. [1][2]
As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees. [2] The same year, GRI growth rate at constant prices was around 6.6 percent.
GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different ...
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP). [59]
Worldwide employment In agriculture, forestry and fishing in 2021. India has one of the highest number of people employed in these sectors. As per the 2014 FAO world agriculture statistics India is the world's largest producer of many fresh fruits like banana, mango, guava, papaya, lemon and vegetables like chickpea, okra and milk, major spices like chili pepper, ginger, fibrous crops such as ...
During the same time, its nominal per capita income increased from US$64 annually to US$2,601, and its literacy rate from 16.6% to 74%. From being a comparatively destitute country in 1951, [ 63 ] India has become a fast-growing major economy and a hub for information technology services , with an expanding middle class. [ 64 ]
Karl Marx, writing in 1857, suggested the Nominal (Silver) per capita income of East India Company, in 1854, was approximately 1:12 that of the UK, as was the Nominal per capita tax burden 1:12 of the UK, 1:10 of France, and 1:5 of Prussia. [163]
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 September 2024. World map representing Human Development Index categories (based on 2022 data, published in 2024) Very high (≥ 0.800) High (0.700–0.799) Medium (0.550–0.699) Low (≤ 0.549) Data unavailable World map of countries or territories by Human Development Index scores in increments of ...