Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
Business Standard

India's median per capita income lowest among BRICS: Gallup

Median means half respondents involved in research get income less than $616

Related News

The yearly income earned by an individual in India is the lowest when compared with people living in the (Brazil, Russia, India, China, South Africa) nations, a survey showed on Monday.

The annual median in India stood at $616, the 99th position among 131 countries.

Median means half of the respondents involved in the research get an income less than $616 and the others half above that. Among the BRICS economies, Russia's median per capita income was the highest as people earned $4,129 a month.

The survey observed that in countries where full-time employment was more, the median per capita income was stronger. In India, close to 25 per cent of the people had full-time employment between 2008 and 2012, which is low compared with BRICS peers.

Russia was followed by Brazil, where the median per capita income was $2,247, followed by China ($1,786) and South Africa ($1,217). The survey also highlighted a large difference between more economically developed countries and developing ones. The firm said this “illustrates how dramatically spending power varies worldwide.”

Norway, which topped the list, had a median per capita income of $19,308, followed by Sweden ($18,632). Zambia recorded a per capita income of $287.

Read more on:   

Read More

Mineral exploitation low despite increased mining activity

The state has about 174 million tonne of nickel, which is yet to explored

Recommended for you

Quick Links

Back to Top