India Ranked 7th Lowest Paymaster for IT Professionals

By siliconindia   |   Wednesday, 30 November 2011, 01:02 IST   |    5 Comments
Printer Print Email Email

7. India:

The annual salary of people in Indian IT sectors is $36,120.which is the seventh lowest in the world. The economy of India is worth $1.631 percent currently according to IMF. India is ninth largest economy in the world by nominal GDP and fourth largest by purchasing power parity (PPP). Country is a member of G-20 major economies, BRICS and ASEAN. The per capita of the country is only $1,477 hence called as low middle income country.

 

8. China:

China is the world’s second largest economy but the IT employers in this nation are paid $37,300. The nominal GDP of china is $6.05 trillion which is the second largest but the per capita GDP of $4300 makes it rank 91 among the 189 countries listed in IMF. The major reason is the population which depreciates the per capita income of the nation. The growth rate in china has been consistent from past one decade at the rate of 10 percent. But not all the parts of the countries see huge development. The coastal regions of china is said to be highly industrialized.