Prosperity gap (average shortfall from a prosperity standard) in India
India: Prosperity gap (average shortfall from a prosperity standard) was 4.9 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling
Latest (2023)
4.9 average shortfall from a prosperity standard of $28/day
Change on year
down 9.3%
World rank
35th
of 123 countries
All-time high
11.4 average shortfall from a prosperity standard of $28/day
in 1977
All-time low
4.9 average shortfall from a prosperity standard of $28/day
in 2023
Years of data
9
1977–2023
Prosperity gap in India, 1977–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
The most recent figure for prosperity gap in India is 4.9 average shortfall from a prosperity standard of $28/day, measured in 2023. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 9.3% on the previous year and down 36.4% over ten years.
Over the whole period, prosperity gap in India peaked at 11.4 average shortfall from a prosperity standard of $28/day in 1977 and was at its lowest, 4.9 average shortfall from a prosperity standard of $28/day, in 2023.
India ranks 35th of 123 countries on this measure, in the middle of the range.
Prosperity gap (average shortfall from a prosperity standard) in India, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1977 | 11.4 average shortfall from a prosperity standard of $28/day | — |
| 1983 | 10.3 average shortfall from a prosperity standard of $28/day | -9.6% |
| 1987 | 10.2 average shortfall from a prosperity standard of $28/day | -1.0% |
| 1993 | 9.7 average shortfall from a prosperity standard of $28/day | -4.9% |
| 2004 | 9.5 average shortfall from a prosperity standard of $28/day | -2.1% |
| 2009 | 8.4 average shortfall from a prosperity standard of $28/day | -11.6% |
| 2011 | 7.7 average shortfall from a prosperity standard of $28/day | -8.3% |
| 2022 | 5.4 average shortfall from a prosperity standard of $28/day | -29.9% |
| 2023 | 4.9 average shortfall from a prosperity standard of $28/day | -9.3% |
India compared with similar countries
- India's 4.9 average shortfall from a prosperity standard of $28/day is below the median for lower middle income countries, which is 5.5 average shortfall from a prosperity standard of $28/day, 89% of the median. (29 countries reporting)
- India's 4.9 average shortfall from a prosperity standard of $28/day is above the median for South Asia, which is 4 average shortfall from a prosperity standard of $28/day, 1.2× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.4 average shortfall from a prosperity standard of $28/day | 11.4 average shortfall from a prosperity standard of $28/day | 11.4 average shortfall from a prosperity standard of $28/day | 1 |
| 1980s | 10.25 average shortfall from a prosperity standard of $28/day | 10.2 average shortfall from a prosperity standard of $28/day | 10.3 average shortfall from a prosperity standard of $28/day | 2 |
| 1990s | 9.7 average shortfall from a prosperity standard of $28/day | 9.7 average shortfall from a prosperity standard of $28/day | 9.7 average shortfall from a prosperity standard of $28/day | 1 |
| 2000s | 8.95 average shortfall from a prosperity standard of $28/day | 8.4 average shortfall from a prosperity standard of $28/day | 9.5 average shortfall from a prosperity standard of $28/day | 2 |
| 2010s | 7.7 average shortfall from a prosperity standard of $28/day | 7.7 average shortfall from a prosperity standard of $28/day | 7.7 average shortfall from a prosperity standard of $28/day | 1 |
| 2020s | 5.15 average shortfall from a prosperity standard of $28/day | 4.9 average shortfall from a prosperity standard of $28/day | 5.4 average shortfall from a prosperity standard of $28/day | 2 |
Countries ranked near India
- 32 Mauritania 5.5 average shortfall from a prosperity standard of $28/day compare
- 33 Laos 5.1 average shortfall from a prosperity standard of $28/day compare
- 34 Bangladesh 5 average shortfall from a prosperity standard of $28/day compare
- 36 Guatemala 4.8 average shortfall from a prosperity standard of $28/day compare
- 37 Colombia 4.7 average shortfall from a prosperity standard of $28/day compare
- 38 Indonesia 4.5 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for India
- Number of income/consumption surveys in the past decade available via the World Bank 2 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.98 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,632 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 0.8468 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 17.32 (2023)
- Tax revenue as share of GDP vs. income inequality 17.3% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is prosperity gap in India?
- Prosperity gap in India was 4.9 average shortfall from a prosperity standard of $28/day in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in India?
- The highest recorded value was 11.4 average shortfall from a prosperity standard of $28/day in 1977.
- What is the lowest prosperity gap recorded in India?
- The lowest recorded value was 4.9 average shortfall from a prosperity standard of $28/day in 2023.
- How does India rank for prosperity gap?
- India ranks 35th out of 123 countries with data for 2023.
- Is prosperity gap rising or falling in India?
- Over the last ten years it is down 36.4%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.