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Do not fill this in! ==Economy== {{Main|Economy of South Asia}} {{Further|Economy of Afghanistan|Economy of Bangladesh|Economy of India|Economy of Nepal|Economy of Pakistan|Economy of Sri Lanka}} [[File:F7xZ48abwAAgNst.jpg|thumb|Mumbai is the financial capital of India with GDP of $400 billion<ref>{{Cite news |title=India needs its own $1 trillion states; Is Mumbai the answer? |work=Financial Express |language=en |url=https://www.financialexpress.com/economy/india-needs-its-own-1-trillion-states-is-mumbai-the-answer/1540497/ |access-date=24 January 2022}}</ref>|right|upright=1.25]] [[File:GDP per capita development in South Asia.svg|thumb|GDP per capita development in South Asia]] India is the largest economy in the region (US$ 4.11 trillion) and makes up almost 80% of the South Asian economy; it is the [[List of countries by GDP (nominal)|world's 5th largest]] in nominal terms and [[List of countries by GDP (PPP)|3rd largest]] by purchasing power adjusted exchange rates (US$ 14.26 trillion).<ref name="IMF">{{cite web|url=https://www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx?pr.x=82&pr.y=15&sy=2017&ey=2018&scsm=1&ssd=1&sort=subject&ds=.&br=1&c=512%2C556%2C513%2C514%2C558%2C564%2C524%2C534&s=NGDPD%2CPPPGDP&grp=0&a=|title=Report for Selected Countries and Subjects|website=International Monetary Fund}} Outlook Database, October 2018</ref> India is the member of [[G-20 major economies]] and [[BRICS]] from the region. It is the fastest-growing major economy in the world and one of the world's fastest registering a growth of 7.2% in FY 2022β23.<ref>{{Cite news |last=Dhoot |first=Vikas |date=2023-05-31 |title=India's GDP expanded 6.1% in 2022-23's last quarter |language=en-IN |work=The Hindu |url=https://www.thehindu.com/business/Economy/gdp-grows-61-in-march-quarter-72-in-fy23/article66915856.ece |access-date=2023-09-01 |issn=0971-751X}}</ref> India is followed by Bangladesh, which has a GDP of ($446 billion). It has the fastest GDP growth rate in Asia. It is one of the emerging and growth-leading economies of the world, and is also listed among the [[Jim O'Neill, Baron O'Neill of Gatley#Next Eleven|Next Eleven]] countries. It is also one of the fastest-growing middle-income countries. It has the [[List of countries by GDP (nominal)|world's 33rd largest]] GDP in nominal terms and is the [[List of countries by GDP (PPP)|25th largest]] by purchasing power adjusted exchange rates ($1.476 trillion). Bangladesh's economic growth was 6.4% in 2022.<ref>{{Cite web |last=Ventura |first=Luca |date=2023-07-18 |title=Global Finance Magazine β Countries with Highest GDP Growth 2022 |url=https://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth |access-date=2023-09-01 |website=Global Finance Magazine |language=en}}</ref> The next one is Pakistan, which has an economy of ($340 billion). Next is [[Sri Lanka]], which has the 2nd highest GDP per capita and the 4th largest economy in the region. According to a [[World Bank]] report in 2015, driven by a strong expansion in India, coupled with favorable oil prices, from the last quarter of 2014 South Asia became the fastest-growing region in the world.<ref>{{cite web|url=http://www.worldbank.org/en/news/press-release/2015/04/13/south-asia-cheap-oil-reform-energy-pricing|title=South Asia, now the fastest-growing region in the world, could take greater advantage of cheap oil to reform energy pricing|access-date=16 April 2015|archive-url=https://web.archive.org/web/20150417182523/http://www.worldbank.org/en/news/press-release/2015/04/13/south-asia-cheap-oil-reform-energy-pricing|archive-date=17 April 2015|url-status=live}}</ref> Certain parts of South Asia are significantly wealthier than others; the four Indian states of [[Maharashtra]], Tamil Nadu, [[Gujarat]] and [[Karnataka]] are projected to account for almost 50% of India's GDP by 2030, while the five [[South India|South Indian states]] comprising 20% of India's population are expected to contribute 35% of India's GDP by 2030.<ref>{{Cite news |date=2023-06-09 |title=Southern states to contribute 35% of India's $7 trillion economy by 2030 |work=The Times of India |url=https://timesofindia.indiatimes.com/city/chennai/southern-states-to-contribute-35-of-indias-7tn-economy-by-2030/articleshow/100862819.cms |access-date=2023-09-06 |issn=0971-8257}}</ref> <!-- Updated on 28 November 2022 using October 2022 report from IMF/WEO. Next update should occur for the October 2023 report in November 2023. --> {| class="wikitable sortable" |- style="background:#ececec;" ! rowspan="2" |Country<br /><ref name="CIA Names" /><ref name="UN_Names" /><ref name="Europa" /> ! colspan="5" |GDP ! rowspan="2" |Inflation (2022)<ref>{{Cite web |url=https://www.imf.org/external/datamapper/PCPIPCH@WEO/OEMDC/ADVEC/WEOWORLD |title=World Economic Outlook (October 2022) β Inflation rate, average consumer prices |website=International Monetary Fund|access-date=28 November 2022 }}</ref> ! colspan="2" |HDI |- ![[List of countries by GDP (nominal)|Nominal GDP]]<br /> (in millions) (2022) (%Share)<ref name="IMF Oct 2022">{{Cite web|date=October 2022|title=World Economic Outlook β GDP current prices, in billions of dollars|url=https://www.imf.org/external/datamapper/NGDPD@WEO/OEMDC/ADVEC/WEOWORLD|access-date=28 November 2022|work=International Monetary Fund}}</ref> ![[List of countries by GDP (nominal) per capita|GDP per capita]] (2022)<ref name="IMF Oct 2022 - 2">{{Cite web|date=October 2022|title=World Economic Outlook β GDP current prices, per capita|url=https://www.imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLD/|access-date=28 November 2022|work=International Monetary Fund}}</ref> ![[List of countries by GDP (PPP)|GDP (PPP)]]<br /> (in millions) (2022) (%Share) ![[List of countries by GDP (PPP) per capita|GDP (PPP) per capita]] (2022) ![[Economic growth|GDP growth]] (2022)<ref>{{Cite web|title=World Economic Outlook (October 2022) β Real GDP growth|url=http://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD|website=International Monetary Fund}}</ref> ![[Human Development Index|HDI]] (2019)<ref>{{cite book |title=Human Development Report 2020 The Next Frontier: Human Development and the Anthropocene |date=15 December 2020 |publisher=United Nations Development Programme |isbn=978-9-211-26442-5 |pages=343β346 |url=http://hdr.undp.org/sites/default/files/hdr2020.pdf |access-date=15 December 2020 |archive-date=15 December 2020 |archive-url=https://web.archive.org/web/20201215063955/http://hdr.undp.org/sites/default/files/hdr2020.pdf |url-status=live }}</ref> ![[List of countries by inequality-adjusted HDI|Inequality-adjusted HDI]] (2019)<ref>{{cite web|title=Inequality-adjusted HDI (IHDI)|url=http://hdr.undp.org/en/indicators/138806|access-date=23 September 2020|website=Human Development Reports |publisher=[[United Nations Development Programme|UNDP]]}}</ref> |- |{{Country|Afghanistan }}<ref name="afg2022_WEO">Last update for Afghanistan from the World Economic Outlook is for 2020. Later years are unavailable.</ref> | align="right" |''$20,136 (2020)'' | align="right" |''$611 (2020)'' | align="right" |''$80,912 (2020)'' | align="right" |''$2,456 (2020)'' | align="right" |''-2.4% (2020)'' | align="right" |''5.6% (2020)'' | align="right" |{{Increase}}0.478 (''<span style="color:red">low</span>'') | align="right" |No data |- |{{Country|Bangladesh}} | align="right" |$460,751 (10.41%) | align="right" |$2,734 | align="right" |$1,345,646 (8.97%) | align="right" |$7,985 | align="right" |7.2% | align="right" |6.1% | align="right" |{{Increase}}0.661 (''<span style="color:orange">medium</span>'') | align="right" |{{Increase}}0.465 (''<span style="color:red">low</span>'') |- |{{Country|Bhutan}} | align="right" |$2,707 (0.06%) | align="right" |$3,562 | align="right" |$9,937 (0.07%) | align="right" |$13,077 | align="right" |4.0% | align="right" |7.7% | align="right" |{{Increase}}0.666 (''<span style="color:orange">medium</span>'') | align="right" |{{Increase}}0.450 (''<span style="color:red">low</span>'') |- |{{Country|India}} | align="right" |$3,468,566 (78.35%) | align="right" |$2,466 | align="right" |$11,665,490 (77.74%) | align="right" |$8,293 | align="right" |6.8% | align="right" |6.9% | align="right" |{{Increase}}0.633 (''<span style="color:orange">medium</span>'') | align="right" |{{Increase}}0.538 (''<span style="color:red">low</span>'') |- |{{Country|Maldives}} | align="right" |$5,900 (0.13%) | align="right" |$15,097 | align="right" |$12,071 (0.08%) | align="right" |$30,888 | align="right" |8.7% | align="right" |4.3% | align="right" |{{Increase}}0.747 (''<span style="color:lightgreen">high</span>'') | align="right" |{{Increase}}0.568 (''<span style="color:orange">medium</span>'') |- |{{Country|Nepal}} | align="right" |$39,028 (0.88%) | align="right" |$1,293 | align="right" |$141,161 (0.94%) | align="right" |$4,677 | align="right" |4.2% | align="right" |6.3% | align="right" |{{Increase}}0.602 (''<span style="color:orange">medium</span>'') | align="right" |{{Increase}}0.430 (''<span style="color:red">low</span>'') |- |{{Country|Pakistan}} | align="right" |$376,493 (8.50%) | align="right" |$1,658 | align="right" |$1,512,476 (10.08%) | align="right" |$6,662 | align="right" |6.0% | align="right" |12.10% | align="right" |{{Increase}}0.544 (''<span style="color:red">low</span>'') | align="right" |{{Increase}}0.386 (''<span style="color:red">low</span>'') |- |{{Country|Sri Lanka}} | align="right" |$73,739 (1.67%) | align="right" |$3,293 | align="right" |$318,690 (2.12%) | align="right" |$14,230 | align="right" |-8.7% | align="right" |48.2% | align="right" |{{Increase}}0.782 (''<span style="color:lightgreen">high</span>'') | align="right" |{{Increase}}0.686 (''<span style="color:orange">medium</span>'') |- !'''South Asia'''<ref>Individual country percentages may not add up to 100% due to rounding. Afghanistan not included in 2022 totals due to year mismatch. World Economic Outlook also does not count Afghanistan in the South Asia subtotals.</ref> ! '''$4,427,184 (100%)''' ! '''$2,385''' ! '''$15,005,471 (100%)''' ! '''$8,085''' ! '''6.4%''' ! '''8.1%''' ! {{Increase}}0.639 (''<span style="color:orange">medium</span>'') !- |} According to the World Bank's 2011 report, based on 2005 ICP PPP, about 24.6% of the South Asian population was below the international poverty line of $1.25/day.<ref>{{cite web |title=Poverty & Equity Data Portal |url=http://povertydata.worldbank.org/poverty/region/SAS |url-status=live |archive-url=https://web.archive.org/web/20150215193607/http://povertydata.worldbank.org/poverty/region/SAS |archive-date=15 February 2015 |access-date=6 June 2015 |website=World Bank}}</ref> Bhutan, Maldives and Sri Lanka had the lowest number of people below the poverty line, with 2.4%, 1.5% and 4.1% respectively. According to the 2023 MPI (multidimensional poverty index) report by the UN, around 20% of South Asians are poor.<ref>{{Cite web |title=25 Countries Halved Multidimensional Poverty Within 15 Years, but 1.1 Billion Remain Poor {{!}} United Nations Development Programme |url=https://www.undp.org/press-releases/25-countries-halved-multidimensional-poverty-within-15-years-11-billion-remain-poor |access-date=2023-09-01 |website=UNDP |language=en}}</ref> 51.7% of Afghanistan's population was under the MPI poverty threshold in 2019,<ref>{{Cite web |title=Half of Afghans suffer from multidimensional poverty: gov't |url=http://www.xinhuanet.com/english/2019-03/31/c_137938494.htm |access-date=2023-09-01 |work=Xinhua News Agency}}</ref> while 24.1% of Bangladesh's population was under the threshold in 2021.<ref>{{Cite news |date=2021-12-08 |title=24.1% Bangladeshis multidimensionally poor: Report |url=https://www.tbsnews.net/bangladesh/241-bangladeshis-multidimensionally-poor-report-340777 |access-date=2023-09-01 |work=The Business Standard |language=en}}</ref> India lifted 415 million people from MPI-poverty from 2005/06 to 2019/21; 16.4% of India's population was MPI-poor in 2019/2021, compared to 55.1% in 2005/2006.<ref name=":2">{{Cite web |date=2023-07-11 |title=UN praises 'remarkable' India as 415 million exit poverty levels in 15 years |url=https://www.hindustantimes.com/india-news/india-poverty-levels-415-million-15-years-united-nations-101689054752864.html |access-date=2023-09-01 |website=Hindustan Times |language=en}}</ref> 10% of India's population was under the international poverty line of $2.15/day in 2021.<ref>{{Cite news |last=Kumar |first=Manoj |date=2023-07-17 |title=One-tenth of India's population escaped poverty in 5 years β government report |language=en |work=Reuters |url=https://www.reuters.com/world/india/one-tenth-indias-population-escaped-poverty-5-years-government-report-2023-07-17/ |access-date=2023-09-01}}</ref> {| class="wikitable sortable" ! rowspan="2" |Country<br /><ref name="CIA Names">{{Cite web |url=https://www.cia.gov/library/publications/the-world-factbook/fields/2142.html |title=Field Listing :: Names |publisher=CIA |access-date=28 July 2011 |archive-url=https://web.archive.org/web/20170701201536/https://www.cia.gov/library/publications/the-world-factbook/fields/2142.html |archive-date=1 July 2017 |url-status=dead }}</ref><ref name="UN_Names">{{cite web |url=http://unstats.un.org/unsd/geoinfo/UNGEGN/docs/9th-uncsgn-docs/UNGEGN%20WG%20Country%20Names%20Document%20-%20August%202009.pdf |title=UNGEGN List of Country Names |publisher=United Nations Group of Experts on Geographical Names |year=2007 |access-date=28 July 2011 |archive-url=https://web.archive.org/web/20110728144159/http://unstats.un.org/unsd/geoinfo/UNGEGN/docs/9th-uncsgn-docs/UNGEGN%20WG%20Country%20Names%20Document%20-%20August%202009.pdf |archive-date=28 July 2011 |url-status=live }}</ref><ref name="Europa">{{cite web |url=http://publications.europa.eu/code/en/en-5000500.htm#fn-tw1 |title=List of countries, territories and currencies |publisher=Europa |date=9 August 2011 |access-date=10 August 2011 |archive-url=https://web.archive.org/web/20110807122658/http://publications.europa.eu/code/en/en-5000500.htm#fn-tw1 |archive-date=7 August 2011 |url-status=live }}</ref> ! colspan="4" |[[List of countries by percentage of population living in poverty|Population below poverty line]] (at $1.9/day) ! rowspan="2" |[[Global Hunger Index]] (2021)<ref name="Archived copy">{{cite web |url=https://www.globalhungerindex.org/ranking.html |title=Global Hunger Index Scores by 2021 GHI Rank |website=Global Hunger Index |access-date=2 March 2022 |archive-url=https://web.archive.org/web/20220225183607/https://www.globalhungerindex.org/ranking.html |archive-date=25 February 2022 |url-status=dead}}</ref> ! rowspan="2" |Population under-nourished (2015)<ref name="fao.org">{{cite web|title=Regional Overview of Food Insecurity Asia and the Pacific - Towards a Food Secure Asia and the Pacific |publisher=Food and Agriculture Organization of the United Nations |date=2015 |url=http://www.fao.org/3/a-i4624e.pdf|url-status=live|archive-url=https://web.archive.org/web/20150924011158/http://www.fao.org/3/a-i4624e.pdf|archive-date=24 September 2015|access-date=3 June 2015}}</ref> ! rowspan="2" |[[Life expectancy]] (2019)<ref>{{cite web |url=https://apps.who.int/gho/data/node.main.688 |title=GHO | Life expectancy and Healthy life expectancy β Data by country |publisher=World Health Organization |access-date=2 March 2022 |archive-url=https://web.archive.org/web/20220105113304/https://apps.who.int/gho/data/node.main.688 |archive-date=5 January 2022 |url-status=dead}}</ref> (global rank) ! colspan="3" |Global wealth report (2019)<ref name="CS 2019-1">{{Cite web|title=Global wealth report|url=https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html|access-date=25 October 2019|website=[[Credit Suisse]]|date=October 2019}}</ref><ref name="CS 2019-2">{{Cite web|title=Global wealth report 2019|url=https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-report-2019-en.pdf|access-date=25 October 2019|website=[[Credit Suisse]]}}</ref><ref name="CS 2019-3">{{Cite web|title=Global wealth databook 2019|url=https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2019.pdf|url-status=dead|archive-url=https://web.archive.org/web/20191023104250/https://www.credit-suisse.com/media/assets/corporate/docs/about-us/research/publications/global-wealth-databook-2019.pdf|archive-date=23 October 2019|access-date=25 October 2019|website=[[Credit Suisse]]|date=October 2019}}</ref> |- style="background:#ececec;" ![[World Bank]]<ref name=":0">{{Cite web|title=Poverty headcount ratio at national poverty lines (% of population) {{!}} Data|url=http://data.worldbank.org/indicator/SI.POV.NAHC?locations=CO&view=map&year_high_desc=true|access-date=26 August 2017|website=World Bank}}</ref> (year) ![[Multidimensional Poverty Index|2022 Multidimensional Poverty Index Report]] (MPI source year)<ref>{{Cite report |url=https://hdr.undp.org/content/2022-global-multidimensional-poverty-index-mpi |title=2022 Global Multidimensional Poverty Index (MPI) |last=Nations |first=United |date=2022-10-17 |publisher=United Nations |language=en}}</ref> !Population in [[Extreme poverty]] (2022)<ref>{{Cite web|title=World Poverty Clock|url=https://worldpoverty.io/|access-date=27 February 2022|website=worldpoverty.io|language=en}}</ref> ![[The World Factbook|CIA Factbook]] (2015)<ref name="CIA Factbook">{{cite web|title=The World Factbook β Central Intelligence Agency|url=https://www.cia.gov/library/publications/the-world-factbook/fields/2046.html|url-status=dead|archive-url=https://web.archive.org/web/20151109070125/https://www.cia.gov/Library/publications/the-world-factbook/fields/2046.html|archive-date=9 November 2015|access-date=23 August 2016|website=cia.gov}}</ref> ![[List of countries by total wealth|Total national wealth]] in billion USD (global rank) ![[List of countries by wealth per adult|Wealth per adult]] in USD ![[List of countries by wealth per adult|Median wealth per adult]] in USD (global rank) |- |'''{{Country|Afghanistan}}''' | align="right" |54.5% (2016) | align="right" |55.91% (2015β16) | align="right" |18% | align="right" |36% | align="right" |28.3 (103rd) | align="right" |26.8% | align="right" |63.2 (160th) | align="right" |25 (116th) | align="right" |1,463 | align="right" |640 (156th) |- |'''{{Country|Bangladesh}}''' | align="right" |24.3% (2016) | align="right" |24.64% (2019) | align="right" |4% | align="right" |31.5% | align="right" |19.1 (76th) | align="right" |16.4% | align="right" |74.3 (82nd) | align="right" |697 (44th) | align="right" |6,643 | align="right" |2,787 (117th) |- |'''{{Country|Bhutan}}''' | align="right" |8.2% (2017) | align="right" |37.34% (2010) | align="right" |4% | align="right" |12% | align="right" |No data | align="right" |No data | align="right" |73.1 (99th) | align="right" |No Data | align="right" |No Data | align="right" |No Data |- |'''{{Country|India}}''' | align="right" |21.9% (2011) | align="right" |16.4% (2019β21) | align="right" |3% | align="right" |29.8% | align="right" |27.5 (101st) | align="right" |15.2% | align="right" |70.8 (117th) | align="right" |12,614 (7th) | align="right" |14,569 | align="right" |3,042 (115th) |- |'''{{Country|Maldives}}''' | align="right" |8.2% (2016) | align="right" |0.77% (2016β17) | align="right" |4% | align="right" |16% | align="right" |No data | align="right" |5.2% | align="right" |79.6 (33rd) | align="right" |7 (142nd) | align="right" |23,297 | align="right" |8,555 (74th) |- |'''{{Country|Nepal}}''' | align="right" |25.2% (2010) | align="right" |17.50% (2019) | align="right" |8% | align="right" |25.2% | align="right" |19.1 (76th) | align="right" |7.8% | align="right" |70.9 (116th) | align="right" |68 (94th) | align="right" |3,870 | align="right" |1,510 (136th) |- |'''{{Country|Pakistan}}''' | align="right" |24.3% (2015) | align="right" |38.33% (2017β18) | align="right" |5% | align="right" |12.4% | align="right" |24.7 (94th) | align="right" |22% | align="right" |69.3 (144th) | align="right" |465 (49th) | align="right" |4,096 | align="right" |1,766 (128th) |- |'''{{Country|Sri Lanka}}''' | align="right" |4.1% (2016) | align="right" |2.92% (2016) | align="right" |5% | align="right" |8.9% | align="right" |16 (65th) | align="right" |22% | align="right" |76.9 (54th) | align="right" |297 (60th) | align="right" |20,628 | align="right" |8,283 (77th) |} The major stock exchanges in the region are [[Bombay Stock Exchange]] (BSE) with market Capitalization of $3.5 trillion ([[List of stock exchanges|10th largest in the world]]), [[National Stock Exchange of India]] (NSE) with market capitalization of $3.55 trillion ([[List of stock exchanges|9th largest in the world]]), [[Dhaka Stock Exchange]] (DSE), [[Colombo Stock Exchange]] (CSE), and [[Pakistan Stock Exchange]] (PSX) with market capitalization of $72 billion.<ref>{{cite web |url=https://www.psx.com.pk/ |title=Company Profile |website=Pakistan Stock Exchange |access-date=30 June 2018 |archive-url=https://web.archive.org/web/20180630185944/https://www.psx.com.pk/ |archive-date=30 June 2018 |url-status=live }}</ref> Economic data is sourced from the [[International Monetary Fund]], current as of April 2017, and is given in US dollars.<ref name="auto">{{cite web|url=http://www.imf.org/external/pubs/ft/weo/2015/01/weodata/weorept.aspx?pr.x=83&pr.y=16&sy=2015&ey=2015&scsm=1&ssd=1&sort=country&ds=.&br=1&c=193,273,223,156,924,922,132,184,134,534,536,136,158,112,111,542&s=NGDPD,PPPGDP&grp=0&a=|title=Report for Selected Countries and Subjects|website=International Monetary Fund|access-date=7 November 2017|archive-url=https://web.archive.org/web/20171010173821/http://www.imf.org/external/pubs/ft/weo/2015/01/weodata/weorept.aspx?pr.x=83&pr.y=16&sy=2015&ey=2015&scsm=1&ssd=1&sort=country&ds=.&br=1&c=193%2C273%2C223%2C156%2C924%2C922%2C132%2C184%2C134%2C534%2C536%2C136%2C158%2C112%2C111%2C542&s=NGDPD%2CPPPGDP&grp=0&a=|archive-date=10 October 2017|url-status=live}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. 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