GDP per Capita of India vs. China: Chart

India lags China in terms of economic size but India is growing fast to catch up. Since the 1990s China’s GDP per capita has grown steadily and has reached about $10,000. India’s rate on the other hand stood at less than $2,000 in 2018. According to an article by Alva Devoy of Fidelity Australia, India today is where China was 15 years ago.

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Source: Case to invest in India’s diverse, fast-growing economy, ASX

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