After trailing its big neighbour for four decades, Bangladesh has gone ahead of India in economic growth and on social development indicators.
In the three years ending 2016, Bangladesh’s gross domestic product (at current prices) in dollar terms grew at a compounded annual rate (CAGR) of 12.9 per cent, more than twice India's 5.6 per cent. Over the same period, Pakistan grew faster than India too, at a CAGR of 8.6 per cent, driven by a surge in investment and export. The Chinese economy expanded at an annualised 5.2 per cent.
As a result, per capita income (in dollar terms)