In 2022, the real growth rate of gross domestic product (GDP) in Bangladesh was just over seven percent. In contrast, Sri Lanka had a negative GDP growth rate of minus 8.7 percent in the same year.
Economy in South Asia
In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over 2.6 trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.
* Projections
** Data for Bhutan and the Maldives comes from previous reporting as of April 2022. For these two countries, the 2022 values are projections.
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IMF. (April 11, 2023). Growth rate of the real gross domestic product (GDP) in South Asia from 2017 to 2022, with forecasts to 2024, by country [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/
IMF. "Growth rate of the real gross domestic product (GDP) in South Asia from 2017 to 2022, with forecasts to 2024, by country." Chart. April 11, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/
IMF. (2023). Growth rate of the real gross domestic product (GDP) in South Asia from 2017 to 2022, with forecasts to 2024, by country. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/
IMF. "Growth Rate of The Real Gross Domestic Product (Gdp) in South Asia from 2017 to 2022, with Forecasts to 2024, by Country." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/
IMF, Growth rate of the real gross domestic product (GDP) in South Asia from 2017 to 2022, with forecasts to 2024, by country Statista, https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/ (last visited July 22, 2024)
Growth rate of the real gross domestic product (GDP) in South Asia from 2017 to 2022, with forecasts to 2024, by country [Graph], IMF, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/620990/gross-domestic-product-growth-rate-in-south-asia-2017/