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;'delta(standard of living) = delta(GDP) - (inflation + delta population)
inflation in india: The inflation rate in India was last reported at 9.47 percent in December of 2010. From 1969 until 2010, the average inflation rate in India was 7.99 percent reaching an historical high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976.
India Inflation Rate
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I'll use the lower number to make India look better.
Population growth: 1.3% annual change - 2009
World Bank, World Development Indicators - Google public data
GDP growth: I'll use the 8.9% figure for Q2 2010.
By the formula, living standards = 8.9 - (7.99+1.3) = -0.39%
the average living standard of indians has decreased. if we use all 2010 numbers, the level of decrease is even more frightening.
your given info is inconclusive ..which does not prove your point " that Standard living has decreased in last decade.. basically you have cherry picked info to suit you.
In 1970s
Average infation was above 15%.
While population growth rate -above 2.2%
While economic growth rate was a flat line
During 1980 situation improved a bit
Average Inflation drooped below 10%
While population growth though decreasing remained near 2%
Economy picked up as compared to 70s but was still very low
In 1990s with break up Soviet union ..India faced an unprecedented economic crisis
Average Inflation was high upwards of 10%
population growth showed steady decline came came close to 1.8%
Economic growth was in shambles during initial 90s but picked up after 95.
This past decade had been the best for Indian Economy
Population growth steadily declined to 1.3%
Average Inflation has been low, but had had increased during later part of this decde.
and
average GDP growth rate has been between 7-8%.
India Inflation Rate
Population growth (annual %) in India
India GDP Growth Rate
Now you do rest of the math.