Current Affairs - National - Discussion

As per data which forms part of the latest World Economic Outlook report of the International Monetary Fund (IMF), India ranks 126th out of 200 countries in terms of Gross Domestic Product (GDP) per capita. GDP Per Capita of a country is computed by dividing its gross domestic product(GDP) by the number of people in the country. In theoretical terms, higher GDP per capita results in to a higher standard of living. India's rank has improved by one spot as compared to previous year's rank. This improvement is on account of increase in GDP to USD 7170 in 2017, from USD 6690 in the previous year.