In 2016, half of the population in India had enough money to live comfortably and were able to spend based on what they wanted, whereas 14 percent of the population only had money for food, shelter and basic needs. Though this perceived financial ability had improved over the years, the spending power was not directly affected by it. Additionally, 86 percent of the people were able to either spend freely or spend on things that they wanted across India, compared to 60 percent of the global population's similar spending ability.
Share of perceived spending across India in 2016, based on financial ability
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Motilal Oswal Group. (April 9, 2019). Share of perceived spending across India in 2016, based on financial ability [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/
Motilal Oswal Group. "Share of perceived spending across India in 2016, based on financial ability." Chart. April 9, 2019. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/
Motilal Oswal Group. (2019). Share of perceived spending across India in 2016, based on financial ability. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/
Motilal Oswal Group. "Share of Perceived Spending across India in 2016, Based on Financial Ability." Statista, Statista Inc., 9 Apr 2019, https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/
Motilal Oswal Group, Share of perceived spending across India in 2016, based on financial ability Statista, https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/ (last visited November 23, 2024)
Share of perceived spending across India in 2016, based on financial ability [Graph], Motilal Oswal Group, April 9, 2019. [Online]. Available: https://www.statista.com/statistics/1044212/india-perceived-financial-spending-ability/
