Bangladesh per capita GDP forecast to outstrip India’s: What does it mean?

The IMF projects Bangladesh’s per capita GDP at $2,886 in 2026, above India’s $2,749, even though India’s economy is nearly eight times larger. Bangladesh, home to about 175 million people, has benefited from its $38bn garment industry, remittances and increased participation of women in the workforce. High inflation and slowing growth are putting that progress under pressure: the IMF expects Bangladesh to grow by 3.6 percent this year, compared with 7 percent in India.