List Of India’s Past GDP Per Capita (2015-2025): Where Does India Rank Today?

India’s GDP Per Capita (2015-2025): GDP per capita is a metric that measures the average income and economic well-being of the nation. India has seen a steady increase in the rise of its GDP per capita over the last decade. However, the nation of billions still lags far behind leading developed nations like the United States of America and China. GDP per capita of the place is calculated by dividing the nation's overall GDP by its population, the outcome will reflect India’s achievements and shortcomings as the world's most populated country.

India's GDP Per Capita (2015-2025): Year-on-Year Growth

India's GDP per capita has increased from slightly more than $1,600 (Rs 135,856) in 2015 to an estimated $2,880 (Rs 245,296) in 2025, all due to its economic growth and population growth. The COVID-19 pandemic temporarily slowed India’s GDP growth. However, the nation soon recovered and retained its position as one of the world's fastest-growing large economies.

List Of India’s Past GDP Per Capita (2015-2025):

Financial Year	GDP per Capita (USD)	GDP per Capita (Rs)	Annual GDP Growth Rate (%)
2025 (projected)	$2,880	Rs 245,296	6.2%
2024	$2,697	Rs 230,410	7%
2023	$2,497	Rs 213,429	7.2%
2022	$2,366	Rs 202,207	7.00%
2021	$2,250	Rs 192,263	9.05%
2020	$1,915	Rs 163,691	-5.83%
2019	$2,050	Rs 175,173	3.87%
2018	$1,974	Rs 168,755	6.45%
2017	$1,957	Rs 167,263	6.80%
2016	$1,714	Rs 146,521	8.26%
2015	$1,590	Rs 135,856	8.00%

Source: World Bank And International Monetary Fund

India's Global GDP Per Capita Ranking

India is the fourth-largest economy in the world. However, the country’s ranking in terms of per capita GDP is much lower, with $4.27 trillion. Additionally, India ranks 136th at the global level by nominal GDP per capita and 119th by purchasing power parity (PPP). The difference is largely on account of the huge population of India, which reduces the per capita amount despite the overall increase in the economy. To find more, here’s a list of the top 10 largest economies in the world in 2025, as per Forbes:

Rank	Country	GDP (As of 2025)
1	United States	$30.34 trillion
2	China	$19.53 trillion
3	Germany	$4.92 trillion
4	Japan	$4.39 trillion
5	India	$4.27 trillion
6	United Kingdom	$3.73 trillion
7	France	$3.28 trillion
8	Italy	$2.46 trillion
9	Canada	$2.33 trillion
10	Brazil	$2.31 trillion

Factors Affecting India's Per Capita Income:

Population Size: India's huge population implies that even strong GDP growth contributes to humble per capita increases.

Urban-Rural Divide: Regional and income disparities continue in the nation, with big states like Maharashtra and others surpassing small states in per capita income.

Recent Trends: The pandemic resulted in a short-term decline in the GDP per capita of India, however, the growth has remained strong with the support of domestic consumption and investment.