GDP Per Capita India vs China: How China Raced Away

Published on: March 14, 2021, 6:22 p.m.| Last on Updated : March 15, 2021, 4:27 a.m. UTC TIME ZONE

Summary


Once upon a time per capita GDP of India was higher than China. Now GDP per capita of India is one-fourth of China's GDP per capita


GDP Per Capita India vs China

  1. Till 1979 GDP per capita of China was lower compared to the GDP per Capita of India. 
  2. In 1984 it was almost identical, India had GDP per Capita of 471 USD. Chinese number was $480.42. China started economic reforms in 1978-79.
  3. The reform started to show the impact by 1984. As GDP per capita of China increased by approximately $150 in 5-6 year time period. for India, the growth was modest $65.
  4. By 1999, China GDP Per capita became almost twice of  GDP per capita of India. 
  5. As of 2019, GDP per capita of China is 3.84 times of GDP per capita of India.  In 1979, the GDP per Capita of India was 1.25 times the GDP per capita of China.

We will leave you with some other charts of real GDP per capita comparison between India and China.

 

India China GDP Per Capita Last 60 Years

 

 

 

 


Once upon a time per capita GDP of India was higher than China. Now GDP per capita of India is one-fourth of China's GDP per capita

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