Bangladesh Matches India’s Per Capita GDP
In 2011, India’s per capita nominal GDP was nearly double (173%) of the per capita GDP of Bangladesh but now Bangladesh has caught up with India’s per capita nominal GDP. India’s purchasing power parity (PPP) GDP per capita of $6,284 is still above Bangladesh’s $5,139. Economists Shoumitro Chatterjee, Pennsylvania State University and Arvind Subramanian, Ashoka …