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Indias National Income Trends
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About
This dataset presents the historical Gross Domestic Product (GDP) and per capita income growth of India, spanning from 1961 to 2021. It serves as a valuable resource for data visualisation, in-depth data analytics, and is particularly designed for economic forecasting tasks, such as predicting India's GDP and per capita figures for the years 2030 and 2050.
Columns
- Year: Represents the specific year for which the economic data is recorded. The range covers 1961 through to 2021.
- GDP_In_Billion_USD: Denotes India's Gross Domestic Product, expressed in billions of United States Dollars. Values range from approximately 39.2 billion to 3.17 trillion USD.
- Per_Capita_in_USD: Indicates the per capita income in India, measured in United States Dollars. Figures range from about 85 USD to 2277 USD.
- Percentage_Growth: Shows the year-on-year percentage growth in India's GDP. Growth rates vary from -6.6% to 9.63%.
Distribution
The dataset is provided in a CSV (Comma Separated Values) format. It has a file size of 1.44 kB and consists of 4 distinct columns and 61 individual records or rows.
Usage
This dataset is ideal for a range of applications including:
- Conducting data visualisation to illustrate India's economic trends over decades.
- Performing data analytics to uncover patterns and insights in historical GDP and per capita growth.
- Developing predictive models for India's future economic indicators, specifically for GDP and per capita income for 2030 and 2050.
- Supporting academic research or economic studies on India's development.
Coverage
- Geographic: The data exclusively pertains to India.
- Time Range: The dataset covers the period from 1961 to 2021, inclusive.
- Demographic: The scope is national-level economic indicators and does not include specific demographic breakdowns.
License
CC0: Public Domain
Who Can Use It
This dataset is suitable for a diverse group of users, including:
- Data analysts: For creating visualisations and reports on economic performance.
- Economists and researchers: For studying long-term economic trends and policy analysis.
- Students: Especially those in economics, statistics, or data science programmes, for learning and practical assignments.
- Beginners in data science: Due to its clear structure and relevant use cases in analytics and visualisation.
Dataset Name Suggestions
- India Historical GDP and Per Capita Growth
- Indian Economic Data 1961-2021
- India's National Income Trends
- Historical India GDP & Per Capita
- India Economic Indicators Dataset
Attributes
Original Data Source: Indias National Income Trends
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