World’s Fastest-Growing Economy Lags Most South Asian Neighbours #srilanka

World’s Fastest-Growing Economy Lags Most South Asian Neighbours

The world’s fastest-growing economy, on course to become the world’s third largest by 2030 with a gross domestic product (GDP) of $7.3 trillion, India continues to trail smaller South Asian neighbours—in some instances, Pakistan and Bangladesh—on several social indicators.

India’s per capita GDP of $5,238 in 2013 was 65% lower than Iran, 54% lower than Maldives ($11,283), 44% lower than Sri Lanka ($9,426) and 27% lower than Bhutan ($7,167), according to the Human Development Report 2015.

India was ranked 130 of 188 countries world-wide on the Human Development Index 2015—below Iran (69), Sri Lanka (73) and Maldives (104) in South Asia.

Similarly, on the Human Capital Index 2016, which measures national learning and employment outcomes, India ranked 105 out of 130 countries, below Sri Lanka (50), Bhutan (91) and Bangladesh (104).

http://www.indiaspend.com/cover-story/worlds-fastest-growing-economy-lags-most-south-asian-neighbours-77443

Björn Arvidsson

Founder and General Manager, Razormind
Stockholm, Sweden
Sweden Sri Lanka Business Council, Chairman of board
Skål International Stockholm, Member of board
+4670-594 19 30
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