Disposable Personal Income in India increased to 296383300 INR Million in 2023 from 273364818.90 INR Million in 2022. This dataset provides - India Total Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India Households: Gross Disposable Income data was reported at 131,525,002.483 INR mn in 2018. This records an increase from the previous number of 119,566,177.097 INR mn for 2017. India Households: Gross Disposable Income data is updated yearly, averaging 98,430,689.082 INR mn from Mar 2012 (Median) to 2018, with 7 observations. The data reached an all-time high of 131,525,002.483 INR mn in 2018 and a record low of 70,347,611.519 INR mn in 2012. India Households: Gross Disposable Income data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI002: NAS 2011-2012: National and Personal Disposable Income.

India Personal Disposable Income per Capita data was reported at 21,980.000 INR in 2004. This records an increase from the previous number of 19,967.000 INR for 2003. India Personal Disposable Income per Capita data is updated yearly, averaging 1,142.000 INR from Mar 1951 (Median) to 2004, with 54 observations. The data reached an all-time high of 21,980.000 INR in 2004 and a record low of 244.000 INR in 1956. India Personal Disposable Income per Capita data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI010: NAS 1993-1994: National and Personal Disposable Income. Rebased from 1993-1994 base to 1999-2000 base. Replacement series ID: 88345601

India’s per capita net national income or NNI was around *** thousand rupees in financial year 2025. The annual growth rate was *** percent as compared to the previous year. National income indicators   While GNI (Gross National Income) and NNI are both indicators for a country’s economic performance and welfare, the GNI is related to the GDP plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. In 2020, India ranked second amongst the Asia Pacific countries in terms of its gross national income. This has been possible due to a favorable GDP growth in India. Measuring wealth versus welfare   National income per person or per capita is often used as an indicator of people's standard of living and welfare. However, critics object to this by citing that since it is a mean value, it does not reflect the real income distribution. In other words, a small wealthy class of people in the country can skew the per capita income substantially, even though the average population has no change in income. This is exemplified by the fact that in India, the top one percent of people, control over 40 percent of the country’s wealth.

Disposable Income India is available at subdistrict level and refers to an individual or household's net income once taxes and other employer deductions are taken into account. In other words, it is the amount of money an individual has for spending on essential and non-essential goods and services.

India General Government: Gross Disposable Income data was reported at 17,230,656.108 INR mn in 2018. This records an increase from the previous number of 14,619,649.703 INR mn for 2017. India General Government: Gross Disposable Income data is updated yearly, averaging 11,265,344.592 INR mn from Mar 2012 (Median) to 2018, with 7 observations. The data reached an all-time high of 17,230,656.108 INR mn in 2018 and a record low of 8,101,410.000 INR mn in 2012. India General Government: Gross Disposable Income data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI002: NAS 2011-2012: National and Personal Disposable Income.

According to the survey conducted on work life aspects of young Indians in 2020, over ** percent of millennials earning more than 100 thousand Indian rupees per month expected their income to rise by more than ** percent. Furthermore, only ten percent of respondents earning the same income expected their salary to increase by ** percent.

The estimated per capita income across Sikkim was the highest among Indian states at around *** thousand Indian rupees in the financial year 2024. Meanwhile, it was the lowest in the northern state of Bihar at over ** thousand rupees. India’s youngest state, Telangana stood in the fifth place. The country's average per capita income that year was an estimated *** thousand rupees. What is per capita income? Per capita income is a measure of the average income earned per person in a given area in a certain period. It is calculated by dividing the area's total income by its total population. If absolute numbers are noted, India’s per capita income doubled from the financial year 2015 to 2023. Wealth inequality However, as per economists, the increase in the per capita income of a country does not always reflect an increase in the income of the entire population. Wealth distribution in India remains highly skewed. The average income hides the disbursal and inequality in a society. Especially in a society like India where the top one percent owned over ** percent of the total wealth in 2022.

India PFS: RBI: Gross Saving as % of National Disposable Income: Current Fiscal Year: Mean data was reported at 29.800 % in Mar 2019. This records an increase from the previous number of 29.500 % for Dec 2018. India PFS: RBI: Gross Saving as % of National Disposable Income: Current Fiscal Year: Mean data is updated quarterly, averaging 30.600 % from Mar 2015 (Median) to Mar 2019, with 17 observations. The data reached an all-time high of 31.900 % in Jun 2017 and a record low of 29.500 % in Dec 2018. India PFS: RBI: Gross Saving as % of National Disposable Income: Current Fiscal Year: Mean data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Business and Economic Survey – Table IN.SE005: Professional Forecasters Survey (PFS): Reserve Bank of India: Annual Forecasts: Gross Saving as % of Gross National Disposable Income.

India Personal Disposable Income data was reported at 80,663,728.526 INR mn in 2013. This records an increase from the previous number of 71,787,866.970 INR mn for 2012. India Personal Disposable Income data is updated yearly, averaging 1,473,265.000 INR mn from Mar 1951 (Median) to 2013, with 63 observations. The data reached an all-time high of 80,663,728.526 INR mn in 2013 and a record low of 91,536.000 INR mn in 1951. India Personal Disposable Income data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI004: NAS 2004-2005: National and Personal Disposable Income.

In the financial year 2021, the number of super-rich households earning more than ** million Indian rupees went up to **** million from **** million in the financial year 2016. This was an annual growth of **** percent. The number is expected to grow to over **** million in the financial year 2031 and ** million households in the financial year 2047. This will be the fastest growth across all income categories. On the other hand, destitute classified Indian households with earnings of less than *** thousand annually decreased only marginally to ***** million in financial year 2021 from **** million in 2016. However, it is estimated that the number of destitute households will fall to just *** million by the financial year 2047.

Consumer spending across India amounted to 27.2 trillion rupees by the end of the first quarter of 2025. It reached an all-time high during the fourth quarter of 2024, with a value of 28.4 trillion rupees. What is consumer spending? Consumer spending refers to the total money spent on final goods and services by individuals and households in an economy. It is an important metric that directly impacts the GDP of a country. Items that qualify as consumer spending include durable and nondurable goods and services. Various factors such as debt held by consumers, wages, supply and demand, taxes, and government-based economic stimulus can impact consumer spending in a country. Positive consumer outlook in India India’s consumer spending reflects a positive outlook with renewed consumer confidence post-COVID. Its consumer market is set to become one of the largest in the world as the number of middle- to high-income households rises with increasing amounts of disposable incomes. The country’s young demographic is also considered a driving force for increased consumer spending.

India Net National Disposable Income (NNDI) data was reported at 25,971,290.000 INR mn in 2004. This records an increase from the previous number of 22,964,350.000 INR mn for 2003. India Net National Disposable Income (NNDI) data is updated yearly, averaging 891,140.000 INR mn from Mar 1951 (Median) to 2004, with 54 observations. The data reached an all-time high of 25,971,290.000 INR mn in 2004 and a record low of 95,660.000 INR mn in 1951. India Net National Disposable Income (NNDI) data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under Global Database’s India – Table IN.AI010: NAS 1993-1994: National and Personal Disposable Income. Rebased from 1993-1994 base to 1999-2000 base. Replacement series ID: 88344701

India Full Service Restaurants Market size was valued at USD 11.12 Billion in 2024 and is expected to reach USD 26 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.Key Market Drivers:Increasing Middle-Class Population: India's middle class is one of the world's fastest expanding groups and its expansion is important to the growth of the FSR market. By 2030, India's middle class is estimated to number more than 600 Million. As the middle class grows, so does the need for higher-quality, variety eating options, as people with larger discretionary incomes go out more frequently.Increasing disposable income: As India's economy grows, disposable incomes rise rapidly. By 2025, it is expected that the average disposable income of Indian households will increase by more than 10%. This increase in disposable income is driving up spending on discretionary items like dining out.

The India Plant Based Food market is expected to grow at more than 17.85 % CAGR from 2023 to 2028, driven by rising disposable income.

In the post-Covid financial year of 2021, the poorest ** percent of households witnessed income levels shrink by ** percent from levels in financial year 2016. The pandemic resulted in the gap between the richest and the poorest ** percent from *** times in financial year 2016 to ** times in financial year 2021. In the financial year 2023, the gap narrowed down to ***** times.

In India Food Storage Market, Increased disposable income enables consumers to invest in premium and innovative storage products.

The India Food Colour Market is expected to grow at 6.87% CAGR from 2023 to 2028 as India has witnessed a significant increase in disposable income.

In India, the share of the population that earned at least the equivalent of the highest 10 percent of global income earners as of 2022 in purchasing power parity (PPP) terms was *** percent. Hyderabad topped the list with the highest share of the upper or high-class category consumers, at over ** percent. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.

India Luxury Online Retail and D2C Brands Market valued at USD 10 Bn, driven by rising disposable income, e-commerce growth, and demand for premium products.