As of 2022, the top 10 percent Indian population group in terms of pre-tax income was estimated to hold over ** percent of total income in India, whereas the bottom ** percent group only made up just over ** percent of total income. This reflected an even greater income gap compared to 2000.
In 2022, the majority of Indian adults had a wealth of 10,000 U.S. dollars or less. On the other hand, about *** percent were worth more than *********** dollars that year. India The Republic of India is one of the world’s largest and most economically powerful states. India gained independence from Great Britain on August 15, 1947, after having been under their power for 200 years. With a population of about *** billion people, it was the second most populous country in the world. Of that *** billion, about **** million lived in New Delhi, the capital. Wealth inequality India suffers from extreme income inequality. It is estimated that the top 10 percent of the population holds ** percent of the national wealth. Billionaire fortune has increase sporadically in the last years whereas minimum wages have remain stunted.
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The average for 2021 based on 5 countries was 28.86 percent. The highest value was in the Philippines: 32.5 percent and the lowest value was in India: 25.5 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.
In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between ******* and ******* Indian rupees a year. On the other hand, about ***** percent of households that same year, accounted for the rich, earning over * million rupees annually. The middle class more than doubled that year compared to ** percent in financial year 2005. Middle-class income group and the COVID-19 pandemic During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant. Economic inequality While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last ***** decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.
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Data and insights on Wealth Distribution in India - share of wealth, average wealth, HNIs, wealth inequality GINI, and comparison with global peers.
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’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.
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Inde: Percent income earned by the top 10 percent of earners: Pour cet indicateur, La Banque mondiale fournit des données pour la Inde de 1977 à 2021. La valeur moyenne pour Inde pendant cette période était de 28.04 pour cent avec un minimum de 25.5 pour cent en 2021 et un maximum de 30.5 pour cent en 2017.
Income share held by highest 10% of India dropped by 10.89% from 24.80 % in 2011 to 22.10 % in 2022. Since the 0.41% upward trend in 2009, income share held by highest 10% slumped by 8.68% in 2022. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.
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.
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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.
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In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.
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Wages in India increased to 21103 INR/Month in the second quarter of 2024 from 21036 INR/Month in the first quarter of 2024. This dataset provides the latest reported value for - India Average Daily Real Wage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, the average monthly salary was **** thousand Indian rupees in Mumbai city of India. The average monthly salary in the capital city of Delhi was around **** thousand Indian rupees. In comparison, the average monthly salary was over ** thousand Indian rupees in Madurai during the same year.
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The Personal Income Tax Rate in India stands at 39 percent. This dataset provides - India Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.
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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.
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The Gross Domestic Product per capita in India was last recorded at 2396.71 US dollars in 2024. The GDP per Capita in India is equivalent to 19 percent of the world's average. This dataset provides - India GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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NSDP Per Capita: Uttar Pradesh data was reported at 93,422.086 INR in 2024. This records an increase from the previous number of 83,056.934 INR for 2023. NSDP Per Capita: Uttar Pradesh data is updated yearly, averaging 57,944.312 INR from Mar 2012 (Median) to 2024, with 13 observations. The data reached an all-time high of 93,422.086 INR in 2024 and a record low of 32,002.002 INR in 2012. NSDP Per Capita: Uttar Pradesh data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.GEI004: Memo Items: State Economy: Net State Domestic Product per Capita.
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Every year between 2013 and 2021, employees from the combined Pakistani and Bangladeshi ethnic group had the lowest average hourly pay out of all ethnic groups.
As of 2022, the top 10 percent Indian population group in terms of pre-tax income was estimated to hold over ** percent of total income in India, whereas the bottom ** percent group only made up just over ** percent of total income. This reflected an even greater income gap compared to 2000.