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On 4 June 2021 reserves exceeded $600 billion for the first time and they became the fifth country after Switzerland to do so. [204] During the 1991 Indian economic crisis country only had $5 billion of reserves left which led to subsequent economic liberalisation. [205] Since then the reserves have seen a 127 times increase over 30 years.
The first table lists countries by the percentage of their population with an income of less than $2.15 (the extreme poverty line), $3.65 and $6.85 US dollars a day in 2017 international prices. The data is from the most recent year available from the World Bank API. [1] [5] [6]
Bhutan, Maldives and Sri Lanka had the lowest number of people below the poverty line, with 2.4%, 1.5% and 4.1% respectively. According to the 2023 MPI (multidimensional poverty index) report by the UN, around 20% of South Asians are poor.
Sri Lanka's population, (1871–2001) Sri Lanka has roughly 22,156,000 people and an annual population growth rate of 0.5%. The birth rate is 13.8 births per 1,000 people, and the death rate is 6.0 deaths per 1,000 people. [268] Population density is highest in western Sri Lanka, especially in and around the capital.
In 2012–13, the Gross State Domestic Product (GSDP) of residual state of Andhra Pradesh post bifurcation at constant prices stood at ₹ 2,359.3 billion (US$28 billion) and the Gross State Domestic Product at current prices for the same fiscal year stood at ₹ 4,193.91 billion (US$50 billion).
The contemporary city, much of which was moved during the mid-20th century to preserve the site of the ancient capital, is a major road junction of northern Sri Lanka and lies along a railway line. The city is the headquarters of Sri Lanka's archeological survey, and tourism is a significant factor in its economy.
Tamil Nadu has the second largest state economy in India. [16] The state also hosts the highest number of factories in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
Due to extreme rupee/dollar rate fluctuations India's nominal GDP fluctuates significantly. [29] With 476 million workers, the Indian labour force is the world's second-largest. [30] India has one of the world's highest number of billionaires and extreme income inequality.