THE RICHEST PEOPLE IN THE WORLD



Housing area of common man in Luxembourg

The following are the richest people in the world in GDP per capita income of 2022.

1. Luxembourg        $1,42,214
2. Singapore            $1,27,565
3. Ireland                  $1,26,905
4. Norway                 $1,14,899
5. Qatar                     $1,14,648
6. UAE                          $87,729
7. Switzerland             $83,598
8. USA                          $76,399
9. Denmark                  $74,005
10.Netherlands           $69,577

When the above are the richest countries in the world we may find where India stands in the list. The rankings of India and some selected countries are also given below for the readers to evaluate the economic growth of the people of our country.

120. India                          $8,379
72. China                          $21,476
43. Israel                          $49,509
56. Malaysia                    $33,434
96. Indonesia                  $14,653
101.Vietnam                   $13,457

Though India have large GDP and stands fifth in the world, the huge population makes our GDP per capita income low is the argument brought by some of our economists and politicians. This does not seems to be reliable when we compare the population of India and China as both countries have current population at 1.43 billion. Despite this the GDP pci of China is about three times that of India. The GDP pci of Sri Lanka is also much more than that of India.

However our political stalwarts loudly speak that India is about to be the richest among the top countries in the world. Country becoming rich without people having sufficient food and roof to live in can only be seen as a comedy.

K V George 

 



Comments

Post a Comment

Popular posts from this blog

POVERTY LEVEL OF INDIA - A COMPARISON BETWEEN INDIAN REPORT AND UNDP REPORT

Image
According to the estimate of Ojha 190 million (44%) people of India were below poverty line in 1961. While the extreme poverty line in our country went from 60% in 1981 to 33% in 2010. People below poverty line in India in 1999-2000 came to 26%. Poverty line recorded in India in 2021 was 11.9%. India's poverty line declined to 4.5%-5% in 2022-23 with rural poverty declining to 7.2% and urban poverty down to 4.6%. By 2024 the poverty level is found to have come down to 2.4%. (The above informations are gathered from various websources. In case the readers want total accuracy in the above reports, they are requested to approach the related government sources) Further to the above information, here it is submitted - National Multidimensional Poverty Index, A Progress Review 2023 of United Nations Development Programme (UNDP) According to the report, 135 million people escaped multidimensional poverty between 2015-16.and 2019-2021  The country registered a significant decli
Read more

ESTIMATED PRICES OF SELECTED ITEMS IN THE YEAR 2100

Image
While  evaluating the prices of some selected goods and services in 1950-60s and 2020s we may assume the prices of those in the year 2100 Rice per kg 1950-60s - 6 Annas 2020-22 - Rs 40/- 2100 - Rs 4,000/- Tea per cup 1950-60s - 1 Anna 2020-22 - Rs 10/- 2100 - Rs 1,600/- Non veg meals 1950-60s - 8 Anna's 2020-22 - Rs 150/- 2100 - Rs 45,000/- Sardine fish per 100 nos (approx. 3 kgs) 1950-60s - 1 Anna 2020-22 - Rs 100/- per kg 2100 - Rs 33,000/- per kg. Hair cut 1950-60s - 6 Annas 2020-22 - Rs 120/- 2100 - Rs 40,000/- Beer per bottle (650ml) 1950-60 - Rs 5/- 2020-22 - Rs 140/- 2100 - Rs 3,900/- Bus minimum charge 1950-60s - 1 Anna 2020-22 - Rs 10/- 2100 - Rs 1,700/- Minimum wages for unskilled worker per day 1950-60s - Re 1/- 2020-22 - Rs 800/- 2100 - Rs 6,40,000/- Note: The prices of 1950-60s and 2020-22 are from available sources and the prices indicated in 2100 are on the basis of assumption, no reliability may be expected. K V George
Read more

ENVIABLE COUNTRIES IN THE WORLD

Image
       Daily sight of Ganga in Banaras  When  compare ourselves with other countries, we Indians become envied to some of those. For us those countries are just imaginary or Heavenly countries. We may first see some with lowest murder cases among the world countries. (The figures shown below are number of murders per lakh of population. Monaco - 0, Palau - 0, Hong Kong - 0.2, Iceland - 0.3, Singapore - 0.3, Japan 0.4, Brunei - 0.5, Luxembourg - 0.6, Baharain - 0.6, Norway - 0.6 The rate in India in comparison is, 3.08 per lakh of population or 82 per day. The following eight countries have made historic changes in their laws that discriminated, marginalized and silenced women. They have brought in new laws to ensure stringent punishment for those committing any offences against women, girls and infants. Various safety and protective measures including socioeconomic upliftment are also introduced by many of these countries. Those eight countries are: Kyrgyzstan, Tunisia, Jor
Read more