India: evolution of average national income and GDP 2021

As of 2021, India was estimated to reach a GDP (gross domestic product) per capita of just over 11.9 thousand U.S. dollars, whereas the average national income per capita stood at approximately 10.56 thousand U.S. dollars. This reflected a significant increase compared to 2010 from the average GDP of 7.7 thousand and average national income of around 6.6 thousand U.S. dollars. In general, India's average GDP and national income have been increasing constantly since 2010, barring 2020, most likely due to the COVID-19 pandemic.

Evolution of average national income and gross domestic product (GDP) in India from 2010 to 2021 (in U.S. dollars)

Characteristic	National income	Gross domestic product
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Release date

November 2022

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Region

India

Survey time period

2010 to 2021

Supplementary notes

Figures are estimates.

The source did not provide a date of publication. The release date used here is the access date.

"National income aims to measure the total income available to the residents of a given country. It is equal to the gross domestic product (the total value of goods and services produced on the territory of a given country during a given year), minus fixed capital used in production processes (e.g. replacement of obsolete machines or maintenance of roads) plus the net foreign income earned by residents in the rest of the world. (...) Gross domestic product is the total value of goods and services produced by the national economy."

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