The question of whether India is poorer than China has been a topic of debate for many years. In order to answer this question, it is important to look at both the nominal and the purchasing power parity (PPP) methods of measuring a country’s wealth.

In the nominal method, India was richer than China in 1990. However, by 2019, China had become almost 4.61 times richer than India. This is largely due to the rapid economic growth that China has experienced over the past few decades. In contrast, India’s economic growth has been much slower.

When looking at the PPP method, the gap between India and China is much smaller. In this method, China is only 2.30 times richer than India. This is because the PPP method takes into account the cost of living in each country, which is generally lower in India than in China.

In terms of per capita rank, China is currently ranked 72nd in the world in the nominal method, while India is ranked 145th. In the PPP method, China is ranked 75th and India is ranked 126th. This shows that, while China is still much wealthier than India, the gap between the two countries is not as large as it is in the nominal method.

When looking at the question of whether India is poorer than China, it is important to consider both the nominal and the PPP methods of measuring a country’s wealth. In the nominal method, China is much wealthier than India. However, when looking at the PPP method, the gap between the two countries is much smaller. This suggests that, while India is still poorer than China, the gap between the two countries is not as large as it is in the nominal method.