India Per Capita Income Nominal: The criteria of income in India is different in rural and urban areas. Where the income of the people in the cities is high while the income in the villages is low. Despite this, you will be surprised to know that the per capita income in India is less than many poor countries of the world.
Indian Economy And GDP News: At present, India has become the fifth largest economy in the world, but in terms of per capita income, India is lagging behind many poor countries of the world. India ranks 142nd out of 192 countries in terms of per capita income. Let us tell you that according to a report, India is below Bhutan-Angola and many poor South African countries in the list. You will be surprised to know that among the big economy countries in the world, the people of India have the lowest per capita income.
India’s per capita income is so less than America
Compared to developed countries like America-Germany, India’s per capita income is 17 to 20 times less respectively, where an average person in United States of America earns $80,035 annually, while the average income of a common person in India is $2601. Is. Talking about Germany, on an average the per capita income here is about 20 times more than that of India. The income of the people of Britain is 18 times more than that of India. Talking about Japan and Italy, people here earn 14 times more money than India.
India lags behind many poor countries
The condition of India is so pathetic in the report that many poor countries are also seen ahead of India in terms of per capita income. You will be shocked to know that the condition of poor countries like Angola, Vanatu and Sao Tome Principe is much better than India. Angola has a per capita income of $3205, Vanuatu has a per capita income of $3188 while Sao Tome Principe has a per capita income of $2696. India’s target is that by the year 2047, it wants to see itself in the category of developed countries. If media reports are to be believed then India will have to maintain its per capita income at $13,000.
