South Asia (IDA and IBRD) economy graph showing purchasing power parity (PPP) growth from 2000 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
The combined GDP per capita (PPP) for South Asian countries eligible for IDA and IBRD support was approximately $7,000 in 2023. These economies are primarily driven by agriculture, textiles, remittances, and a growing service sector.