India's FY22 per capita income projected higher than Bangladesh: IMF

Bangladesh is likely to topple India again for each of the next six years

Projection-wise India may have regained in 2021-22 its lead over Bangladesh in per capita income after Dhaka beat New Delhi on this parameter in recent years, showed the latest data by the International Monetary Fund (IMF).

But staying ahead would be short-lived. India is not likely to retain this position in each of the next six years beginning 2022-23, the data revealed.

While Bangladesh had a higher per capita income of $1,962 in 2020-21 against India’s $1,935, the situation is projected to change in 2021-22. That year, India’s per capita income is projected to be higher by $38 over Bangladesh’s.