World Development Indicator News Today

Economic growth is an increase in the production of goods and services in a country over a specific period. Improvements in human resources, advancements in technology, and the upward movement of the workforce are factors that trigger economic growth.

The role of the U.S. dollar is almost certain to be limited as geopolitical divisions continue to cause additional friction and more countries join BRICS.

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Indias per capita income doubled to Rs1,72,000 under Modi govt: report

India's per capita income doubled in 2022-23 - when compared to 2014-15, yet citizens are feeling the economic pinch. Here's why.

New Delhi, Mar 5: India’s per capita income in nominal terms doubled to Rs 1,72,000 since 2014-15 when the Narendra Modi-led NDA came to power but uneven income distribution remains a challenge. As per the National Statistical Office (NSO), the annual per capita (net national income) at current prices is estimated at Rs 1,72,000 in 2022-23, up from Rs 86,647 in 2014-15, suggesting an increase of about 99 per cent. In real terms (constant prices), the per capita income has […]

Economists believe sustaining per capita income between 5% to 6% per annum along with appropriate redistributive policies will support the countrys growth ahead. However, they also pointed out that uneven income distribution is likely to be a challenging factor.

In real terms (constant prices), the per capita income has increased by about 35 percent from Rs 72,805 in 2014-15 to Rs 98,118 in 2022-23.

Economic growth is an increase in the production of goods and services in a country over a specific period. Improvements in human resources, advancements in technology, and the upward movement of the workforce are factors that trigger economic growth

The total market value of e-commerce in Cambodia in 2021 was to the tune of $970.10 million, marking an increase of 19.29 per cent from $813.25 million in 2020, according to the commerce ministry’s Trade Training and Research Institute (TTRI).