Nominal Per Capita Income of India | PPP Per Capita Income of India


The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. The PPP GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.Using a PPP basis is arguably more useful when comparing generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates which may distort the real differences in income. However, economies do self-adjust to currency changes over time, and technology intensive and luxury goods, raw materials and energy prices are mostly unaffected by difference in currency.
India GDP per capita (Constant Prices Since 2000)
As per latest reports, the Per capita income in India has doubled between 2004-05 and 2010-11 to touch Rs 54,835 ($ 1200) per annum. India's per capita income in 2009-10 was Rs 46,492.  Historically, from 1960 until 2008, India's average GDP Per Capita was 316.47 dollars reaching an historical high of 718.00 dollars in December of 2008 and a record low of 181.00 dollars in December of 1960.

Graph of Nonimal Per Capita Income of India till 2009

India GDP per capita (Purchasing Power Parity PPP)
India GDP Per Capita, when adjusted by purchasing power parity, stands at 3,665 US dollars, according to the World Bank. From 1980 until 2008, India's GDP Per Capita adjusted by Purchasing Power Parity averaged 1254.03 dollars, reaching an historical high of 2946.00 dollars in December of 2008 and a record low of 415.00 dollars in December of 1980.

Graph of PPP Per Capita Income of India till 2009

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