Quick Answer: Which country is poorer India or Africa?

Contrary to our ‘bhookha-nanga’ stereotype of that continent, about 20 African countries are richer than India on a per capita GDP basis. … All of Africa, with a population of around 128 crore, has an aggregate GDP of $2.6 trillion. India’s is at almost exactly $3 trillion, but there are also a few crore more people.

Who is poorer Africa or India?

1/3rd world’s poor is in India. It also has a higher proportion of its population living on less than $ 2 per day than even sub-Saharan Africa. 828 million people or 75.6% of the population is living below $2 a day. … Sub-Saharan Africa considered the world’s poorest region is better.

Is poverty worse in India or Africa?

There are more poor people in eight states of India than in the 26 countries of sub-Saharan Africa, a study reveals today. More than 410 million people live in poverty in the Indian states, including Bihar, Uttar Pradesh and West Bengal, researchers at Oxford University found.

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Is South Africa poor than India?

Out of 133 countries ranked by per capita GNP, India ranks as one of the poorest low-income countries, at position 23, above the very poorest. South Africa ranks at position 93, in the group of upper-middle-income countries. South Africa’s per capita income is close to 10 times that of India’s.

Are African countries better than India?

The whole of Africa is not historically disadvantaged. Ancient agricultural countries like Egypt, Tunisia and Algeria are fully on par with India in growth potential, and in fact, are much richer than India today. But sub-Saharan Africa is disadvantaged compared to both India and Egypt.

Is India worse than Africa?

Contrary to our ‘bhookha-nanga’ stereotype of that continent, about 20 African countries are richer than India on a per capita GDP basis. … All of Africa, with a population of around 128 crore, has an aggregate GDP of $2.6 trillion. India’s is at almost exactly $3 trillion, but there are also a few crore more people.

Is India helping Africa?

India’s economic relations with Africa are truly multi-faceted, with the Indian Government extending timely grant-in aid to African countries, concessional lines of credit (LOCs), capacity building and technical assistance, supporting major projects in Africa, establishment of industrial units, among others.

Is India better than Africa Quora?

If you are talking about overall GDP or military power or strength, there is no single African country that is more developed than India. India has about 1.3 billion people, about the same as the whole continent of Africa ( 1.2 billion). India’s overall GDP is $ 2.6 trillion compared to Africa, with $ 3.0 trillion.

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What was the percentage of the population below the poverty line in India in 2011/12 *?

As per the methodology of the Suresh Tendulkar Committee report, the population below the poverty line in India was 354 million (29.6% of the population) in 2009-2010 and was 69 million (21.9% of the population) in 2011–2012.

What was the percentage of the population below the poverty line in India in 2011 12?

India’s poverty rate at 12.4% in 2011-12. Only 12.4 per cent of India’s population lived below the poverty line in 2011-12, the World Bank has said.

Is India or South Africa rich?

South Africa has a GDP per capita of $13,600 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

Which country is the richest in Africa?

Egypt, Nigeria, Morocco, and Kenya followed, establishing the five wealthier markets in the continent.

Total private wealth in Africa as of 2020, by country (in billion U.S. dollars)

Characteristic Wealth in billion U.S. dollars
South Africa 604
Egypt 282
Nigeria 207

Is India more developed than Ghana?

India has a GDP per capita of $7,200 as of 2017, while in Ghana, the GDP per capita is $4,700 as of 2017.

Is Africa rich or poor?

Africa is considered the poorest continent on Earth. Almost every second person living in the states of sub-Saharan Africa lives below the poverty line. Particularly affected by poverty in Africa are the weakest members of society, their children and women.

Is South Africa poor?

South Africa is one of the most unequal societies in the world. More than 50% of the population live in poverty. Despite notable gains in poverty reduction post-apartheid, poverty levels have remained consistently highest among women, black South Africans, people with disabilities, and those living in rural areas.

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Is Libya more developed than India?

Libya has a GDP per capita of $9,600 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.