Palma ratio wb in India

India: Palma ratio wb was 0.7931 in 2023. ▼ Falling

Latest (2023)
0.7931
Change on year
down 12.1%
World rank
119th
of 120 countries
All-time high
1.12
in 1977
All-time low
0.7931
in 2023
Years of data
9
1977–2023

Palma ratio wb in India, 1977–2023

00.250.50.7511977200020231977: 1.11983: 0.9781987: 11993: 0.932004: 12009: 12011: 1.12022: 0.9022023: 0.793

Source: Our World in Data.

Analysis

In 2023, palma ratio wb in India stood at 0.7931. That is the lowest value across all 9 years on record.

The figure is down 12.1% on the previous year and down 26.2% over ten years.

Over the whole period, palma ratio wb in India peaked at 1.12 in 1977 and was at its lowest, 0.7931, in 2023.

India ranks 119th of 120 countries on this measure, in the bottom quarter.

Palma ratio wb in India, year by year

Annual values for Palma ratio wb in India, 1977 to 2023.
Year Value Change
1977 1.12 —
1983 0.9777 -13.0%
1987 1.01 +3.0%
1993 0.9302 -7.6%
2004 1.02 +9.4%
2009 1.02 +0.6%
2011 1.07 +4.8%
2022 0.9021 -16.0%
2023 0.7931 -12.1%

India compared with similar countries

  • India's 0.7931 is below the median for lower middle income countries, which is 1.45, 55% of the median. (29 countries reporting)
  • India's 0.7931 is below the median for South Asia, which is 1.11, 71% of the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.12 1.12 1.12 1
1980s 0.9923 0.9777 1.01 2
1990s 0.9302 0.9302 0.9302 1
2000s 1.02 1.02 1.02 2
2010s 1.07 1.07 1.07 1
2020s 0.8476 0.7931 0.9021 2

Countries ranked near India

  1. 116 Czechia 0.8904 compare
  2. 117 Slovenia 0.8387 compare
  3. 118 Belarus 0.8347 compare
  4. 120 Slovakia 0.7715 compare

See the full ranking of 120 places →

More reference data data for India

All data for India →

Frequently asked questions

What is palma ratio wb in India?
Palma ratio wb in India was 0.7931 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in India?
The highest recorded value was 1.12 in 1977.
What is the lowest palma ratio wb recorded in India?
The lowest recorded value was 0.7931 in 2023.
How does India rank for palma ratio wb?
India ranks 119th out of 120 countries with data for 2023.
Is palma ratio wb rising or falling in India?
Over the last ten years it is down 26.2%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Palma ratio wb in India. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/india/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/palma-ratio-wb/india/">Palma ratio wb in India</a> — Statizoid

About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed