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This is a list of Indian states and union territories by their per capita Net state domestic product (NSDP). NSDP is the state counterpart to a country's Net domestic product (NDP), which equals the gross domestic product (GDP) minus depreciation on capital goods. [1] [2]
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
Income in India discusses the financial state in India. With rising economic growth and India's income is also rising rapidly. As an overview, India's per capita net national income or NNI was around Rs. 1,69,496 in 2022-23. [1] The per-capita income is a crude indicator of the prosperity of a country.
Many of the states of India have large GDP (called gross state product) which would rank highly on a list of countries by GDP. These figures are based on the World Bank list on List of countries by GDP (PPP) for world GDP, and the States of India by size of economy figures.
Indian States by GDP (Purchasing power parity) [1] Rank State/Union territory 2018-19 in Billion (USD) 1 Maharashtra: $1,353.831 2 Tamil Nadu: $820.652 3 Karnataka: $758.01 4 Gujarat: $738.039 5 Uttar Pradesh: $722.644 6 West Bengal: $561.150 7 Rajasthan: $469.068 8 Andhra Pradesh: $454.167 9 Telangana: $423.176 10 Madhya Pradesh: $408.822 11 ...
These values were calculated based on a modified version of the UNDP method of calculation, using per-capita Gross State Domestic Product (GSDP) in the national currency to measure the "decent standard of living" component of HDI, rather than per-capita Gross National Income (GNI) in Purchasing Power Parity (PPP) US dollars. [12] [13]
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
The state has a per capita income of $610 a year against India's average of $2,200 and 30.6% of the state's population lives below the poverty line against India's average of 22.15%. However, Bihar 's GSDP grew by 18% over the period 2006–2007, which was higher than in the past 10 years.