48 datasets found
  1. Per capita national income in India FY 2015-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita national income in India FY 2015-2025 [Dataset]. https://www.statista.com/statistics/802122/india-net-national-income-per-capita/
    Explore at:
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    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.

  2. T

    India GDP per capita

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). India GDP per capita [Dataset]. https://tradingeconomics.com/india/gdp-per-capita
    Explore at:
    excel, json, xml, csvAvailable download formats
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    India
    Description

    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.

  3. Per capita income in India FY 2024, by state

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita income in India FY 2024, by state [Dataset]. https://www.statista.com/statistics/1027998/india-per-capita-income-by-state/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    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.

  4. India GDP Per Capita Forecast Dataset

    • focus-economics.com
    html
    Updated Jul 25, 2025
    + more versions
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    FocusEconomics (2025). India GDP Per Capita Forecast Dataset [Dataset]. https://www.focus-economics.com/country-indicator/india/gdp-per-capita-usd/
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    htmlAvailable download formats
    Dataset updated
    Jul 25, 2025
    Dataset authored and provided by
    FocusEconomics
    License

    https://www.focus-economics.com/terms-and-conditions/https://www.focus-economics.com/terms-and-conditions/

    Time period covered
    2013 - 2025
    Area covered
    India
    Variables measured
    forecast, india_gdp_per_capita
    Description

    Monthly and long-term India GDP Per Capita data: historical series and analyst forecasts curated by FocusEconomics.

  5. Per capita income in West Bengal India FY 2012-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita income in West Bengal India FY 2012-2025 [Dataset]. https://www.statista.com/statistics/1117627/india-per-capita-income-west-bengal/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The estimated per capita income across the eastern state of West Bengal in India stood at around *** thousand Indian rupees in the financial year 2025. There was a consistent increase in the income per capita in the state since the financial year 2012 till 2020. Karnataka recorded the highest per capita income in the country.

  6. T

    India GDP per capita PPP

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 24, 2012
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    TRADING ECONOMICS (2012). India GDP per capita PPP [Dataset]. https://tradingeconomics.com/india/gdp-per-capita-ppp
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    May 24, 2012
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1990 - Dec 31, 2024
    Area covered
    India
    Description

    The Gross Domestic Product per capita in India was last recorded at 9817.07 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in India, when adjusted by Purchasing Power Parity is equivalent to 55 percent of the world's average. This dataset provides - India GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. R

    Russia Household Income per Capita

    • ceicdata.com
    Updated Feb 25, 2025
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    CEICdata.com (2025). Russia Household Income per Capita [Dataset]. https://www.ceicdata.com/en/indicator/russia/annual-household-income-per-capita
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    Dataset updated
    Feb 25, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    Russia
    Description

    Key information about Russia Household Income per Capita

    • Russia Annual Household Income per Capita reached 8,179.992 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
    • Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 7,177.112 USD.
    • The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
    • In the latest reports, Retail Sales of Russia grew 1.800 % YoY in Sep 2025.

    CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

  8. Per capita income in Telangana India FY 2012-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita income in Telangana India FY 2012-2025 [Dataset]. https://www.statista.com/statistics/1117662/india-per-capita-income-telangana/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The estimated per capita income across the southern state of Telangana in India stood at around *** thousand Indian rupees in the financial year 2025. There was a consistent increase in the income per capita since the financial year 2012. Karnataka recorded the highest per capita income in the country.

  9. T

    India GDP Annual Growth Rate

    • tradingeconomics.com
    • pl.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Nov 28, 2025
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    TRADING ECONOMICS (2025). India GDP Annual Growth Rate [Dataset]. https://tradingeconomics.com/india/gdp-growth-annual
    Explore at:
    xml, excel, json, csvAvailable download formats
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1951 - Sep 30, 2025
    Area covered
    India
    Description

    The Gross Domestic Product (GDP) in India expanded 8.20 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  10. 💰 Global GDP Dataset (Latest)

    • kaggle.com
    zip
    Updated Oct 17, 2025
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    Asadullah Shehbaz (2025). 💰 Global GDP Dataset (Latest) [Dataset]. https://www.kaggle.com/datasets/asadullahcreative/global-gdp-explorer-2024-world-bank-un-data
    Explore at:
    zip(6672 bytes)Available download formats
    Dataset updated
    Oct 17, 2025
    Authors
    Asadullah Shehbaz
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Description

    🧾 About Dataset

    🌍 Global GDP by Country — 2024 Edition

    📖 Overview

    The Global GDP by Country (2024) dataset provides an up-to-date snapshot of worldwide economic performance, summarizing each country’s nominal GDP, growth rate, population, and global economic contribution.

    This dataset is ideal for economic analysis, data visualization, policy modeling, and machine learning applications related to global development and financial forecasting.

    📊 Dataset Information

    • Total Records: 181 countries
    • Time Period: 2024 (latest available global data)
    • Geographic Coverage: Worldwide
    • File Format: CSV
    • File Size: ~10 KB
    • Missing Values: None (100% complete dataset)

    🎯 Target Use-Cases:
    - Economic growth trend analysis
    - GDP-based country clustering
    - Per capita wealth comparison
    - Share of world economy visualization

    🧩 Key Features

    Feature NameDescription
    CountryOfficial country name
    GDP (nominal, 2023)Total nominal GDP in USD
    GDP (abbrev.)Simplified GDP format (e.g., “$25.46 Trillion”)
    GDP GrowthAnnual GDP growth rate (%)
    Population 2023Estimated population for 2023
    GDP per capitaAverage income per person (USD)
    Share of World GDPPercentage contribution to global GDP

    📈 Statistical Summary

    Population Overview

    • Mean Population: 43.6 million
    • Standard Deviation: 155.5 million
    • Minimum Population: 9,816 (small island nations)
    • Median Population: 9.1 million
    • Maximum Population: 1.43 billion (China)

    🌟 Highlights

    💰 Top Economies (Nominal GDP):
    United States, China, Japan, Germany, India

    📈 Fastest Growing Economies:
    India, Bangladesh, Vietnam, and Rwanda

    🌐 Global Insights:
    - The dataset covers 181 countries representing 100% of global GDP.
    - Suitable for data visualization dashboards, AI-driven economic forecasting, and educational research.

    💡 Example Use-Cases

    • Build a choropleth map showing GDP distribution across continents.
    • Train a regression model to predict GDP per capita based on population and growth.
    • Compare economic inequality using population vs GDP share.

    📚 Dataset Citation

    Source: Worldometers — GDP by Country (2024)
    Dataset compiled and cleaned by: Asadullah Shehbaz
    For open research and data analysis.

  11. I

    India NSDP Per Capita: Bihar

    • ceicdata.com
    Updated Aug 7, 2020
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    CEICdata.com (2020). India NSDP Per Capita: Bihar [Dataset]. https://www.ceicdata.com/en/india/memo-items-state-economy-net-state-domestic-product-per-capita/nsdp-per-capita-bihar
    Explore at:
    Dataset updated
    Aug 7, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2013 - Mar 1, 2024
    Area covered
    India
    Variables measured
    Gross Domestic Product
    Description

    NSDP Per Capita: Bihar data was reported at 60,180.373 INR in 2024. This records an increase from the previous number of 53,400.628 INR for 2023. NSDP Per Capita: Bihar data is updated yearly, averaging 36,849.782 INR from Mar 2012 (Median) to 2024, with 13 observations. The data reached an all-time high of 60,180.373 INR in 2024 and a record low of 21,749.854 INR in 2012. NSDP Per Capita: Bihar 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.

  12. T

    India Average Monthly Wages for Salaried Employees

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 31, 2023
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    TRADING ECONOMICS (2023). India Average Monthly Wages for Salaried Employees [Dataset]. https://tradingeconomics.com/india/wages
    Explore at:
    excel, json, xml, csvAvailable download formats
    Dataset updated
    Mar 31, 2023
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 30, 2017 - Jun 30, 2024
    Area covered
    India
    Description

    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.

  13. T

    GDP PER CAPITA by Country in ASIA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 26, 2017
    + more versions
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    TRADING ECONOMICS (2017). GDP PER CAPITA by Country in ASIA [Dataset]. https://tradingeconomics.com/country-list/gdp-per-capita?continent=asia
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    May 26, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Asia
    Description

    This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  14. Average monthly salary in India 2024, by city

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Average monthly salary in India 2024, by city [Dataset]. https://www.statista.com/statistics/1305070/india-average-monthly-salary-by-city/
    Explore at:
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    India
    Description

    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.

  15. T

    India GDP

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 6, 2025
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    TRADING ECONOMICS (2025). India GDP [Dataset]. https://tradingeconomics.com/india/gdp
    Explore at:
    json, xml, excel, csvAvailable download formats
    Dataset updated
    Jul 6, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    India
    Description

    The Gross Domestic Product (GDP) in India was worth 3912.69 billion US dollars in 2024, according to official data from the World Bank. The GDP value of India represents 3.69 percent of the world economy. This dataset provides the latest reported value for - India GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  16. a

    India: Socio- Economic Profiles and Inter-State Comparison of Selected Major...

    • hub.arcgis.com
    • up-state-observatory-esriindia1.hub.arcgis.com
    Updated Feb 1, 2022
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    GIS Online (2022). India: Socio- Economic Profiles and Inter-State Comparison of Selected Major States - Part I [Dataset]. https://hub.arcgis.com/datasets/esriindia1::india-socio-economic-profiles-and-inter-state-comparison-of-selected-major-states-part-i-/explore
    Explore at:
    Dataset updated
    Feb 1, 2022
    Dataset authored and provided by
    GIS Online
    Area covered
    Description

    This layer shows Socio- Economic Profiles and Inter-State Comparison of Selected Major States of IndiaData source Url: https://www.indiabudget.gov.in/economicsurvey/doc/stat/tab89a.pdfSource: Office of Registrar General of India(RGI). Andhra Pradesh excludes Telangana for Sex ratio at birthNITI Aayog, Figures in parenthesis are rank amongst the selected 20 States Press Note on Poverty Estimates 2011-12, Government of India (2013)School Education in India, U-DISE + 2019-20 (Provisional)CSO, GSDP at constant prices and per capita income is at current prices ( Base Year 2011-12)National Statistical Office (NSO), Monthly per capita expenditure (MPCE) is based on mixed modified recall period,Periodic Labour Force Survey, 2019-20 (NSO); WPR (Worker Participation Rate) and Unemployment Rate are based on Usual Principal & Subsidiary Status (UPSS). This web layer is offered by Esri India, for ArcGIS Online subscribers. If you have any questions or comments, please let us know via content@esri.in.Note: Transition Rate: The number of new entrants admitted to the first grade of the next stage of school education in a given year, expressed as a percentage of number of pupils enrolled in the final grade of the current stage of school education in the previous year.

  17. Per capita income in Tamil Nadu India FY 2012-2025

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita income in Tamil Nadu India FY 2012-2025 [Dataset]. https://www.statista.com/statistics/1117490/india-per-capita-income-tamil-nadu/
    Explore at:
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The estimated per capita income across the southern state of Tamil Nadu in India stood at around ****thousand Indian rupees in the financial year 2025. There was a consistent increase in the income per capita in the state since the financial year 2012. Karnataka recorded the highest per capita income in the country.

  18. T

    India Fiscal Year GDP Growth

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, India Fiscal Year GDP Growth [Dataset]. https://tradingeconomics.com/india/full-year-gdp-growth
    Explore at:
    excel, xml, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 2006 - Mar 31, 2025
    Area covered
    India
    Description

    Full Year GDP Growth in India decreased to 6.50 percent in 2025 from 9.20 percent in 2024. This dataset includes a chart with historical data for India Full Year GDP Growth.

  19. Per capita income in Delhi India FY 2016-2024

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Per capita income in Delhi India FY 2016-2024 [Dataset]. https://www.statista.com/statistics/1117814/india-per-capita-income-delhi/
    Explore at:
    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    India
    Description

    The estimated per capita income in the capital of India, Delhi, was around *** thousand Indian rupees in the financial year 2024. There was a consistent increase in the income per capita in the union territory of Delhi the financial year 2012 till 2020.

  20. India Customer Financial Profiles & Transactions

    • kaggle.com
    zip
    Updated Nov 14, 2025
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    Kundan Bedmutha (2025). India Customer Financial Profiles & Transactions [Dataset]. https://www.kaggle.com/datasets/kundanbedmutha/india-customer-financial-profiles-and-transactions
    Explore at:
    zip(999943 bytes)Available download formats
    Dataset updated
    Nov 14, 2025
    Authors
    Kundan Bedmutha
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    India
    Description

    Overview

    The India Customer Financial Profiles & Transactions Dataset contains 20,000 fully synthetic records that represent the demographic, financial, credit, and transactional behavior of customers across India. This dataset is ideal for machine learning, financial analytics, risk modeling, fintech simulation, and academic research.

    All data is algorithmically generated, ensuring:

    No real person is represented

    No sensitive or identifiable information is included

    Full compliance with privacy and research ethics

    📂 Dataset File india_customer_financial_profiles_20000_cleaned.csv

    A fully cleaned, validated, and standardized dataset containing demographic, financial, and transaction details.

    🧾 Data Dictionary 👤 Demographic Information Demographic fields included in the dataset: id — Unique customer ID current_age — Customer age birth_year — Year of birth birth_month — Month of birth gender — Male / Female / Other address — Synthetic Indian address (City, State, PIN)

    💰 Financial Attributes Financial attributes included: per_capita_income — Monthly per-person household income yearly_income — Annual income total_debt — Total outstanding debt credit_score — Score between 300–900 num_credit_cards — Number of credit cards]

    🧾 Transaction Details Transaction-related fields: transaction_id — Unique transaction ID date — Transaction date (YYYY-MM-DD) client_id — Synthetic ID linked to customer card_id — Card identifier amount — Transaction amount (INR) use_chip — Chip used (Yes/No) merchant_id — Merchant identifier merchant_city — Transaction location (city) merchant_state — State of merchant zip — 6-digit PIN code

    🔍 Key Features ✔ 20,000 synthetic customer profiles ✔ Includes demographic + financial + transaction data ✔ Standardized date format (YYYY-MM-DD) ✔ PIN codes extracted and cleaned ✔ No missing values ✔ Consistent and realistic Indian data patterns ✔ High usability for ML and analytics

    🧠 Use Cases 🟦 Machine Learning Credit scoring Loan default prediction Fraud detection Customer segmentation Transaction classification

    🟩 Data Analytics Financial behavioral trends Income–debt correlation analysis Merchant-level insights Urban vs rural customer profiles

    🟧 Fintech Research Synthetic simulation Risk modeling Customer persona creation Spending behavior research

    🟪 Education & Learning Data cleaning practice Feature engineering EDA & visualization projects Full ML pipeline demonstrations

    🛠️ Data Generation Methodology The dataset was generated using: Synthetic demographic distribution modeling Indian address & PIN pattern simulation Income and credit-score probability distributions Transaction behavior simulation Randomized merchant profiles Rule-based statistical generation No scraping or real-world data sources were used. This dataset is 100% synthetic.

    📜 License

    This dataset is released under the Creative Commons Attribution 4.0 International (CC BY 4.0) license. You may: Use Modify Redistribute Adapt As long as you provide citation.

    ✍️ Citation

    Use the following format to cite this dataset: Bedmutha, Kundan (2025). India Customer Financial Profiles & Transactions Dataset (20,000 Records).

    🙌 Acknowledgements

    This dataset was created to support: Students Researchers Machine learning practitioners Fintech analysts Educators Your feedback and suggestions are welcome for future dataset enhancements.

    🎉 Thank You!

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Statista (2025). Per capita national income in India FY 2015-2025 [Dataset]. https://www.statista.com/statistics/802122/india-net-national-income-per-capita/
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Per capita national income in India FY 2015-2025

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Dataset updated
Nov 28, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
India
Description

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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