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

Bangladesh’s per capita gross domestic product (GDP) is projected to be higher than that of Asia’s third largest economy, India, this year, according to the International Monetary Fund (IMF).

GDP is a measure of all goods and services produced within a country during a specific period. India’s GDP is nearly eight times larger than Bangladesh’s. But its neighbour’s per capita GDP, which is GDP di...