Growth in South Asian countries
Growth forecasts for 2026 have been downgraded for India, Maldives, and Nepal, driven by weaker export prospects, growing foreign exchange pressures, and social unrest, respectively. Forecasts for Bangladesh and Sri Lanka have been upgraded as crises recede and current account and fiscal balances narrow, strengthening growth prospect.
Source: World Bank.
Notes: BGD = Bangladesh; BTN = Bhutan; IND = India; LKA = Sri Lanka; MDV = Maldives; NPL = Nepal. With the exception of Maldives and Sri Lanka, all countries shown report on a fiscal-year basis. For those countries, “2025” and “2026” represent FY24/25 and FY25/26, respectively. For India, “2025” and “2026” refer to FY25/26 and FY26/27.