In financial year 2023, Uttar Pradesh, India's most populated state had over ** percent people living under the poverty line of **** U.S. dollars per day. A decade ago the state had over ** percent of its population living under the threshold. The state of Bihar also witnessed a significant reduction in poverty rates from over ** percent in the financial year 2012 to over ** percent in the financial year 2023.

According to UN Women, almost *** in *** employed women over 15 years-old in India had been living below the international poverty line as of December 2020. Meanwhile, approximately ***** percent of male employed population in India were registered below the poverty benchmark.

India: Poverty ratio, percent living on less than 5.50 USD a day: The latest value from 2021 is 81.8 percent, a decline from 83 percent in 2020. In comparison, the world average is 25.11 percent, based on data from 71 countries. Historically, the average for India from 1977 to 2021 is 89.86 percent. The minimum value, 80.7 percent, was reached in 2019 while the maximum of 97.8 percent was recorded in 1977.

In 2021, over 12 percent of India's population was living on less than 2.15 U.S. dollars per day. When the 3.65 U.S. dollars per day threshold is considered, the share increased to over 44 percent.

During 2019 to 2021, almost ** percent of the Indian population were reportedly multidimensionally poor. This reflected a much lower percentage of multidimensionally poor population in India. India has made significant progress in multidimensional poverty over the years. The share of multidimensional poor is expected to decline to around ** percent during 2022 to 2023.

In 2024, India’s real gross domestic product (GDP) growth rate was around **** percent, the highest in South Asia. In contrast, Nepal reported the lowest real GDP growth rate in the region at approximately **** percent that year, but it was forecasted to increase to **** percent in 2026.Economy in South Asia In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over *** trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.Society in South AsiaFrom the South Asian countries, Bangladesh had the highest share of people living below the poverty line. The Maldives and Sri Lanka exhibited the highest and second-highest GDP per capita among the South Asian countries in 2021.

The statistic displays the regions with the lowest rural poverty population across India in *******, distributed by states and union territories. With **** percent of its population living under the poverty line, the union territory of Andaman and Nicobar islands had the lowest rural poverty share that year, followed by the union territory of Chandigarh with over *** percent of its rural population living in poverty.

The rural poverty line across India in *******, broken down by state and union territory can be found here.

The statistic shows the life expectancy at birth in India from 2013 to 2023. The average life expectancy at birth in India in 2023 was 72 years. Standard of living in India India is one of the so-called BRIC countries, an acronym which stands for Brazil, Russia, India and China, the four states considered the major emerging market countries. They are all in a similar advanced economic state and are expected to advance even further. India is also among the twenty leading countries with the largest gross domestic product / GDP, and the twenty countries with the largest proportion of global gross domestic product / GDP based on Purchasing Power Parity (PPP). Its unemployment rate has been stable over the past few years; India is also among the leading import and export countries worldwide. This alone should put India in a relatively comfortable position economically speaking, however, parts of the population of India are struggling with poverty and health problems. When looking at a comparison of the median age of the population in selected countries – i.e. one half of the population is older and the other half is younger –, it can be seen that the median age of the Indian population is about twenty years less than that of the Germans or Japanese. In fact, the median age in India is significantly lower than the median age of the population of the other emerging BRIC countries – Russia, China and Brazil. Additionally, the total population of India has been steadily increasing. Regarding life expectancy, India is neither among the countries with the highest, nor among those with the lowest life expectancy at birth. The majority of the Indian population is aged between 15 and 64 years, with only about 5 percent being older than 64.

In 2023, just over 55.36 percent of Nepal’s gross domestic product (GDP) came from its service sector. Agriculture contributed the second largest amount, while eleven percent came from the industry sector. The majority of the Nepalese population lives in rural areas, and are depended on agriculture for their livelihood. A struggling but strong population Around 63 percent of Nepal’s 29.6 million inhabitants are part of the workforce, i.e. between 15 to 64 years old. Though the country has a very low unemployment rate (probably due to the fact that agricultural occupations are usually not taken into account when calculating national unemployment) , it is considered a country weighed down by high poverty, with a consistent trade deficit and a volatile inflation rate. However, recent perceptions of children’s living standards when they grow up in Nepal are overwhelmingly of the opinion that the standard of living is better. The Nepalese economy Nepal has robust ties with the country of India, which is both the country’s main export partner, as well as its main import partner . Nepal’s economy has been under the influence of political instability over the course of the country’s history: a monarchy until the early 2000s, it then became a republic with a Maoist-dominated government. Lately, Nepal made several attempts to improve its economic situation, but still relies heavily on remittances and foreign aid.