Statista. In comparison, Nepal and Bhutan are expected to grow their economies this year, while the IMF has not divulged Pakistan’s data for 2020 and beyond. Congress leader Rahul Gandhi, who has been a vocal critic of Prime Minister Narendra Modi’s handling of the economy, tweeted: “Solid achievement of 6 years of BJP’s hate-filled cultural nationalism: Bangladesh set to overtake India.”, Solid achievement of 6 years of BJP’s hate-filled cultural nationalism:Bangladesh set to overtake India. pic.twitter.com/waOdsLNUVg. India’s GDP per capita in dollar terms had last contracted 1 per cent year-on-year in 2012 due to currency depreciation. Accessed October 27, 2020… "Bangladesh: Growth rate of the real gross domestic product (GDP) from 2009 to 2021 (compared to the previous year)." With these projections, India will be the third-poorest country in South Asia. Pakistan and Nepal will be the only countries with lower GDP. This has allowed Bangladesh to close the economy gap with its giant neighbour. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website. Economists said Bangladesh’s economic growth has been supported by its fast-growing export sector and a steady increase in rate of savings and investment in the country, Business Standard reported. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. April 22, 2020. IMF predicts a sharp economic recovery in India next year, which is likely to push per capita GDP ahead of Bangladesh in 2021 by a small margin. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The International Monetary Fund has estimated that India’s per capita GDP is likely to shrink 10.3% by March 2021, while Bangladesh’s GDP is expected to grow 3.8%. This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation. Bangladesh, Bhutan, Sri Lanka and Maldives are going to be ahead of India. The projection by the International Monetary Fund (IMF) that Bangladesh will overtake India in per capita GDP for 2020 has set social media abuzz and given the Indian opposition another opportunity to attack the Modi government over the economic decline, reported India.com. 2A Media Limited. Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. The GDP growth rate was -14%, political instability was rife, and the nation was devastated by floods and famine. According to economists, Bangladesh’s economic growth has been underpinned by its fast-growing export sector and a steady rise in rate of savings and investment in the country. The IMF on Tuesday estimated that India’s per capita GDP would shrink 10.5%, ending March 31, 2021, while the figure in Bangladesh is expected to grow 3.8%. Bangladesh is set to beat India in terms of per capita gross domestic product (GDP) this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. India is set to drop below Bangladesh in terms of per capita Gross Domestic Product (GDP) as the economy, according to the International Monetary Fund, … While Bangladesh’s per capita GDP in dollar terms is expected to grow 4 per cent in 2020 to $1,888, India’s, on the other hand, is expected to decline 10.5 per cent to $1,877 - the lowest in the last four years. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services. In terms of per capita GDP, Bangladesh has grown at a compound annual growth rate of 9.1% since 2015, against 3.2% growth reported by India during the period. India’s per capita GDP, on the other hand, is expected to decline 10.5 per cent to $1,877 - the lowest in the last four years. The IMF predicted that Sri Lanka would be the second-most-affected after India. Sri Lanka’s per capita GDP is expected to shrink 4.6% in the current calendar year. 8/C, FR Tower, Panthapath, Dhaka 1207, Bangladesh. However, this pace did not alter the relative positions of the two economies between 2004 and 2016 because India grew even faster than Bangladesh. Copyright Ⓒ 2012-2019.

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