India GDP per capita Rs 99,872 ($1567) 2014-15

[ito]

Madarsa Economics on the Way

...

 

[NKVD]

You are really stupid. 88,533 is net national income. Gross national income is 105,000. Divide 105,000 by 63 & check.

you can teach them Economics Brother Pakistan Love there Madarsa Economics

 

[Tridibans]

Which then we convert in to $, 88533 does not mean $1800 lol

Which college you did your MBA from

Do you even know the difference between Net National Income (After deduction of direct/ indirect taxes, duties, etc) and per Capita income?

 

[Kabira]

You are really stupid. 88,533 is net national income. Gross national income is 105,000. Divide 105,000 by 63 & check.

Source? Don't make up numbers from ur a**.

 

[Tridibans]

Per capita income, also known as income per person, is the mean income of the people in an economic unit such as a country or city. It is calculated by taking a measure of all sources of income in the aggregate (such as GDP or Gross national income) and dividing it by the total population.

In the opening post, the Net National income is 88300 (approx.) while gross national income for quarter ending March, 2015 was around 109300 Rs. which at todays exchange rate comes to about 1700 $

 

[ito]

IMF does not calculate anything but estimate, some random Indian apu in IMF office is calculating. Here the source is Indian goverment who know better about their own GDP then others.

By the way India is yet to release its official figures. You are mistaking for something else. I am sure when India releases its official figures they will be way above IMF or World Bank estimates. Already Modi is saying that India is the fastest growing economy with a growth rate of more than 8.5%and the GDP size of $ 2.5 trillion, which many find little too much.

 

[nForce]

Madarsa Economics on the Way

Which college you did your MBA from

Do you even know the difference between Net National Income (After deduction of direct/ indirect taxes, duties, etc) and per Capita income?

A basic course on Economic 101 teaches one these things.

I am seriously taken aback by the ability of some of these people to make mistakes so confidently..

 

[Tridibans]

Which then we convert in to $, 88533 does not mean $1800 lol

Yes... because we don't convert 88533 to arrive at Per Capita Income genius

 

[Abhitej]

Source? Don't make up numbers from ur a**.

All the requisite data is in the table that you have posted. If anyone has brains he can calculate.

 

[Kabira]

By the way India is yet to release its official figures. You are mistaking for something else. I am sure when India releases its official figures they will be way above IMF or World Bank estimates. Already Modi is saying that India is the fastest growing economy with a growth rate of more than 8.5%and the GDP size of $ 2.5 trillion, which many find little too much.

India release official figures only once per year like everybody else, for next update wait till March 2016.

 

[Tridibans]

India rupee has devaluated from around 45 to 1 US dollar to less than 60 now.

That is the reason why India has GDP/capita on par with Pakistan and BD these days.

So? Still we have higer per capita income of around 1750 $ as compared to Pakistan and Bangladesh

 

[nik141991]

I j

According the current US$:INR (63.74)

Total GDP = $1.96088 trillion
GDP per capita = $1,388.9​

Nice try troll you look Poor in math india population at same 2014 -15 period was 1,26,74,01,849

According to current US$: INR(63.74)

Total GDP=$1.96088 trillion
GDP per capita= 1546$

& one more thing you calculating GDP on daily bases wich is wrong way to do

 

[UKBengali]

So? Still we have higer per capita income of around 1750 $ as compared to Pakistan and Bangladesh

What base year does India use these days to calculate GDP?

 

[ito]

India release official figures only once per year like everybody else, for next update wait till March 2016.

India's CSO updates every quarter.

 

[Kabira]

Nice try troll you look Poor in math india population at same 2014 -15 period was 1,26,74,01,849

According to current US$: INR(63.74)

Total GDP=$1.96088 trillion
GDP per capita= 1546$

& one more thing you calculating GDP on on base of daily bases wich is wrong way to do

Can you provide source? If Indian population figure is official then I will edit thread title.