Malaysia Per Capita Income Vs India
Country comparison india vs malaysia 2020.
Malaysia per capita income vs india. Gdp per capita in malaysia averaged 5388 58 usd from 1960 until 2019 reaching an all time high of 12478 20 usd in 2019 and a record low of 1354 usd in 1960. Both nations are at very lower position in world gdp per capita ranking. In 2019 per capita income of india would be 1 62 times all time higher than pakistan on exchange rate basis. Gdp per capita constant lcu.
Gdp per capita is gross domestic product divided by midyear population. Comparisons of national income are also frequently made on the basis of purchasing power parity ppp to adjust for differences in the cost of living in different countries. Malaysia gni per capita for 2019 was 11 200 a 5 76 increase from 2018. Economy gross national income per capita.
Malaysia gni per capita for 2018 was 10 590 a 6 54 increase from 2017. The gross domestic product per capita in malaysia was last recorded at 12478 20 us dollars in 2019. Figures expressed per capita for the same year. Gdp per capita is often considered an indicator of a country s standard of living.
The government has compiled the estimates of rural and urban per capita income in terms of net value added nva which is rs 98 435 in urban areas and rs 40 925 in the rural areas rao inderjit. India s gdp per capita in 1960 81 3 was 65 lower than malaysia 234 9 61 lower than brazil 210 and 49 lower than south korea 158 2. Gni formerly gnp is the sum of value added by all resident producers plus any product taxes less subsidies not included in the valuation of output plus net receipts of primary income compensation of employees and prop. Country comparison you can compare any two countries and see the data side by side.
The gdp per capita in malaysia is equivalent to 99 percent of the world s average. This page provides the latest reported value for. Per capita figures expressed per 1 000 population. Today india s gdp per capita is 82 lower than.
2006 is the previous year when pakistan was more richer than india. The international monetary fund imf also classifies malaysia as an. Malaysia gni per capita for 2016 was 10 150 a 4 96 decline from 2015. With a gdp per capita of 9 766 and an hdi of 0 78 currently malaysia is classified as an emerging economy by the world bank.
Gni atlas method current us. Rank of india is 145 nominal and 126 ppp. Gdp per capita 2018. Malaysia gni per capita for 2017 was 9 940 a 2 07 decline from 2016.