GDP growth rate in South Asia 2015-2019, by country

In 2017, the GDP growth compared to the previous year was highest for Nepal with 7.5 percent, followed by Bangladesh and India. For 2019, it was projected that India will have the highest GDP growth with 7.8 percent. The GDP growth has been fluctuating for Bangladesh, India, Nepal and Sri Lanka while it has been increasing for Bhutan and the Maldives.

Economy in South Asia

In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2018, India had a GDP of 2.76 trillion U.S. dollars, followed by Bangladesh with 274.02 million billion U.S. dollars, Sri Lanka with 88.9 billion U.S. dollars, Nepal with 28.81 billion U.S. dollars. Bhutan and Nepal were among the countries with the lowest GDP in the Asia Pacific region. In South Asia, the main economic activity includes the services sector as well as the industrial and manufacturing sector.

Society in South Asia

Bangladesh, Pakistan and India were among the countries with the highest share of population below the national poverty line in 2017 while the Maldives and Sri Lanka belong to the relatively wealthy countries in South Asia with a GDP per capita of 10.22 thousand U.S. dollars and 4.1 thousand U.S. dollars, respectively.

Growth rate of real gross domestic product (GDP) of selected South Asian countries from 2015 to 2017, with forecasts until 2019

2015201620172018*2019*
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Source

Release date

May 2018

Region

Asia, APAC

Survey time period

2015 to 2017

Special properties

values compared to the previous year

Supplementary notes

* Projected.

** India’s data are reported on a fiscal year basis. Its fiscal year starts April 1 and ends March 31.

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