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In 2022‑23, the per‑capita health expenditure in India was Rs 1,750. If the total population was 1.42 billion and the health sector’s share in GDP was 5.2% while total GDP was Rs 215 lakh crore, estimate the monetary value of the health sector’s output in 2022‑23 (in lakh crore).

medium 2 marks Class 12 · Economics · Human Capital Formation in India
Answer
Rs 11.18 lakh crore

The correct answer is Rs 11.18 lakh crore — Thus the estimated health sector output is Rs 11.18 lakh crore.

Step-by-step solution

  1. Health sector output is given by its share of GDP.
  2. Convert the share percentage to decimal: 5.2% = 0.052.
  3. Multiply the decimal share by total GDP: 0.052 × 215 = 11.18.
  4. Thus the estimated health sector output is Rs 11.18 lakh crore.
Common mistake: Using per‑capita health expenditure directly without applying the GDP‑share method

Concept tested: Estimate health sector output using GDP share

Published · How this solution was prepared and checked

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