Economy

When will India escape extreme poverty ($1.90 / Person / Day)?

World Data Lab has created a World Poverty Clock for all countries with extreme poverty. It tracks the number of extremely poor (both men...

What will drive Indian growth over the next few years?

The 4Ds – Demographics, Digitalisation, Decarbonisation, and Deglobalisation will make India an $8T economy by 2030.

How have the richest countries fared in the last 40 years?

The inability of oil-rich states to diversify their economy has hurt them. They are as dependent on oil in 2021 as they were in 1978.

Big global startup IPOs in Q2 2021

Nine big startups came up with IPOs in Q2 2021. All are technology companies except Oatley (Oat milk maker) and Didi (Ride hailing company).

How much money do you need to be rich in India?

You need $60,000 in net wealth (Assets – Liabilities) to be in the top 1 % of India which is 32 times the GDP/Capita in India.

30-year economic boom for big economies

Between 1991 and 2019, the GDP per Capita in India grew by 7x.

Where is India headed?

India's GDP per capita could be US$ 8,000 or 9,000 in 2050, but it would be equivalent to 5,100 in 2020 US$.

India – punching above its weight?

India's Wealth per capita is the same as Iran's while Iran's per capita GDP is two and half times that of India. What explains this?

Is the Indian economy overleveraged?

Despite fears of high debt, India's external debt to GDP ratio is the lowest amongst emerging markets after China.