Economic developments in the ESCAP region

The three major developing economies of South Asia — India, Pakistan and Sri Lanka — account for 88 per cent of the population and 93.5 per cent of the income of the subregion. These economies, though quite dissimilar in size, do not differ much in terms of per capita income, stage of economic development and the nature of economic and social problems faced by them. The transition from their currently low-income status is not easy for any of the three countries and the goal of achieving the middle-income status has remained elusive, though for different reasons.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities