Thursday, September 16, 2010

South Asia (and Nepal) in 2012

What would South Asia look like two years from now? The World Bank’s GEP has forecast for some of the South Asian countries. Nepal is expected to grow at 4.2 percent in 2012. Its current account balance is expected to be the second best, albeit negative, in 2012. Bangladesh is the only country in South Asia whose current account is expected to be positive in 2012. Also, in 2012 Bangladesh is expected to be the second highest growing economy (at 6.1 percent), following India, which is expected to grow at 8.2 percent in 2012.

Source: GEP, 2010-09-16

In 2012, Nepal will be around US$ 20 billion economy, (nominal GDP) with imports higher than exports. With population of 31 million, its per capita GDP is expected to be US$ 579.

Source: GEP, 2010-09-16

No comments:

Post a Comment