Comparative Economic Analysis of

SAARC Countries

Presented to
Sir Usman Elahi
UCP Business School
University of Central Punjab

Presented by

Arslan
Nawaz

Adeel
Asghar

Umair
Asghar

Waleed
Sheikh

Mudassar
Hussain

Introduction

SAARC Introduction
SAARC is an acronym of South Asian Association for Regional Cooperation is an economic
and political organization of eight South Asian countries.
Founded in 8 December, 1985.

SAARC Secretariat is based in Kathmandu, Nepal and current Secretaries general of SAARC
is Arjun Bahadur Thapa who is Nepali.
If SAARC countries are combined and considered as one country then SAARC cover 3% of
total world area and have 21% of total population.
SAARC will be in number first in terms of population surprising china by 1.6 Billion.
(International Monetary Fund, 2014)
Combined economy GDP at current price worth $2.370 trillion.

Member States
There are eight members of SAARC. All these members are
from South Asia. Considerably all South Asian countries are
part of this organization. Most new member being
Afghanistan added in SAARC on April 2007.
Members countries are

1.

Afghanistan

5.

Maldives

2.

Bangladesh

6.

Nepal

3.

Bhutan

7.

Pakistan

4.

India

8.

Sri Lanka

Member States Profile

Afghanistan Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Islamic Republic of Afghanistan

Kabul
652,860 Km2
30.55 Millions
38.16%
7.8 Million
Afghani (AFN)
57.32
Low income
0.07%
0.10%

Bangladesh Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

People's Republic of Bangladesh

Dhaka
130,170 Km2
156.594 Millions
61.55%
77.60 Millions
Bangladesh Taka (BDT)
78.73
Low income
0.19%
0.33%

Bhutan Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Kingdom of Bhutan
Thimphu
38,117 Km2
0.753 Millions
64.89%
0.392 Millions
Bhutanese ngultrumb (BTN)
62.16
Lower middle income
0.00%
0.01%

India Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Republic of India
New Delhi
2,973,190 Km2
1,252.139 Millions
71.24%
481.23 Millions
Indian rupee (INR)
62.16
Lower middle income
4.91%
5.31%

Maldives Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Republic of the Maldives

Mal
300 Km2
0.345 Millions
99.3%
0.016 Millions
Maldivian rufiyaa (MVR)
15.35
Upper middle income
0.05%
0.02%

Nepal Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Federal Democratic Republic of Nepal

Kathmandu
143,350 Km2
27.797 Millions
63.95%
15.13 Millions
Nepalese rupee (NPR)
99.48
Low income
0.02%
0.05%

Pakistan Profile
Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Islamic Republic of Pakistan

Islamabad
770,880 Km2
186.289 Millions
57.94%
65.56 Millions
Pakistani rupee (PKR)
101.17
Lower middle income
0.2%
0.4%

Sri Lanka Profile

Officially Name
Capital
Land Area
Total Population
Literacy rate
Total Labor Force
Currency
1 USD to LUC
Income level
Share in world total exports
Share in world total imports

Democratic Socialist Republic of Sri Lanka

Sri Jayawardenepura Kotte
62,710 Km2
20.483 Millions
92.63%
8.43 Millions
Sri Lankan rupee (LKR)
134.46
Lower middle income
0.15%
0.18%

Analysis by Indicators

Data Gathered From

World Trade Organization
International Monetary Fund

World Bank
UNESCO
United Nation

Real GDP (US Billions)

1600.00
1400.00
1200.00
1000.00
800.00
600.00
400.00
200.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
10.24
80.90
10.87
86.13
12.44
91.74
12.68
97.26

Bhutan
1.29
1.39
1.46
1.49

India
1243.68
1326.24
1389.05
1458.74

Maldives
1.52
1.62
1.64
1.70

Nepal
10.10
10.45
10.96
11.37

Pakistan
129.52
133.08
137.74
143.82

Sri Lanka
33.25
36.00
38.28
41.05

Real GDP Per Capita (US Billions)

6000.00
5000.00
4000.00
3000.00
2000.00

1000.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
360.71
535.31
373.45
563.43
417.06
593.07
415.00
621.11

Bhutan
1796.83
1905.42
1968.61
1976.55

India
1031.56
1086.05
1123.20
1165.00

Maldives
4663.38
4871.60
4841.99
4926.05

Nepal
376.34
384.77
398.77
409.04

Pakistan
748.01
755.41
768.83
789.58

Sri Lanka
1610.08
1724.81
1883.00
2004.26

Growth Rate

Real GDP Growth Annual %

16
14
12
10
8
6
4
2
0
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

2010
8.43
5.57
11.73
10.26
7.06
4.82
1.61
8.02

2011
6.11
6.46
7.89
6.64
6.48
3.42
2.75
8.25

2012
14.43
6.52
5.07
4.74
1.33
4.85
3.51
6.34

2013
1.93
6.01
2.04
5.02
3.71
3.78
4.41
7.25

Nominal GDP (US Billions)

2000.00
1800.00
1600.00
1400.00
1200.00
1000.00
800.00
600.00
400.00
200.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
15.94
115.28
17.87
128.64
20.51
133.36
20.31
149.99

Bhutan
1.59
1.82
1.82
1.78

India
1708.46
1880.10
1858.74
1876.80

Maldives
2.13
2.16
2.11
2.30

Nepal
15.99
18.85
19.21
19.29

Pakistan
177.17
213.59
224.38
232.29

Sri Lanka
49.57
59.18
59.39
67.18

Nominal GDP Per Capita (US Billions)

7000.00
6000.00
5000.00
4000.00
3000.00

2000.00
1000.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
561.20
762.80
613.98
841.53
687.58
862.05
664.76
957.82

Bhutan
2211.34
2495.39
2458.40
2362.58

India
1417.07
1539.61
1503.00
1498.87

Maldives
6552.48
6515.74
6243.84
6665.77

Nepal
595.77
694.14
699.08
694.10

Pakistan
1023.20
1212.42
1252.42
1275.30

Sri Lanka
2400.02
2835.69
2921.74
3279.89

Income Gini Coefficient

45.00
40.00
35.00
30.00
25.00
20.00
15.00
10.00
5.00

0.00

Afghanistan Bangladesh
2013
27.80
32.10

Bhutan
38.10

India
33.90

Maldives
37.40

Nepal
32.80

Pakistan
30.00

Sri Lanka
36.40

Nominal GDP (Agriculture, value added % of GDP)

45.00
40.00
35.00
30.00
25.00
20.00
15.00
10.00
5.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
27.09
17.81
24.51
17.71
24.60
17.09
23.97
16.28

Bhutan
17.49
17.12
16.98
17.08

India
18.21
17.86
17.52
18.20

Maldives
4.32
4.09
4.20
4.20

Nepal
36.53
38.30
36.49
35.10

Pakistan
24.29
26.02
24.55
25.11

Sri Lanka
12.81
12.10
11.00
10.76

Nominal GDP (Industry, value added % of GDP)

50.00
45.00
40.00
35.00
30.00
25.00
20.00
15.00
10.00
5.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
21.86
26.14
23.47
26.39
21.85
26.74
21.19
27.64

Bhutan
44.55
42.97
44.26
44.65

India
27.16
27.22
26.21
24.77

Maldives
15.54
19.03
22.52
22.52

Nepal
15.63
15.45
15.52
15.71

Pakistan
20.58
21.23
22.05
21.08

Sri Lanka
29.43
29.90
31.51
32.46

Nominal GDP (Services, etc., value added % of GDP)

90.00
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
51.05
56.05
52.02
55.90
53.55
56.16
54.84
56.09

Bhutan
37.96
39.92
38.76
38.27

India
54.64
54.91
56.27
57.03

Maldives
80.14
76.88
73.28
73.28

Nepal
47.84
46.26
47.99
49.19

Pakistan
55.13
52.74
53.40
53.81

Sri Lanka
57.76
58.00
57.49
56.78

GDP Deflator form Base Year

300.00
250.00
200.00
150.00
100.00
50.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
197.88
131.37
218.78
141.69
236.94
153.26
246.39
164.26

Bhutan
159.57
173.31
189.22
198.60

India
147.36
159.94
171.42
183.27

Maldives
142.92
155.20
157.45
165.24

Nepal
192.84
213.69
227.71
243.16

Pakistan
162.44
194.35
205.95
221.28

Sri Lanka
211.83
228.49
248.86
265.57

CPI
140
120
100
80
60

40
20
0
2010
2011
2012
2013

Afghanistan
100
110.2016601
118.1563
127.1924302

Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka
100
100
100
100
100
100
100
110.7048046 108.8489857 108.8578453 112.8298339 109.2717142 111.9167695 106.7167684
117.5886312 120.7349215 118.9951729 126.5169007 119.6024595 122.7559684 114.7663222
126.4430232 129.194415 131.9747419 129.4445161 130.417729 132.195293 122.69845

Inflation (CPI )
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

2010
0.89
8.13
7.04
11.99
6.61
9.32
13.88
6.22

2011
10.20
10.70
8.85
8.86
12.83
9.27
11.92
6.72

2012
7.22
6.22
10.92
9.31
12.13
9.45
9.69
7.54

2013
7.65
7.53
7.01
10.91
2.31
9.04
7.69
6.91

Unemployment, total (% of total labor force)

14.00
12.00
10.00
8.00
6.00

4.00
2.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
8.50
4.50
8.40
4.50
8.70
4.50
8.00
4.30

Bhutan
3.30
3.10
2.10
2.10

India
3.50
3.50
3.60
3.60

Maldives
11.70
11.50
11.10
11.60

Nepal
2.70
2.70
2.70
2.70

Pakistan
5.00
5.00
5.00
5.10

Sri Lanka
4.90
4.20
4.00
4.20

Unemployment, male (% of male labor force)

9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00
1.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
7.80
4.10
7.80
4.10
7.90
4.00
7.10
3.90

Bhutan
2.60
1.90
1.90
1.90

India
3.30
3.30
3.40
3.50

Maldives
6.80
6.70
6.50
6.70

Nepal
3.00
3.00
3.00
3.00

Pakistan
4.00
4.00
3.90
4.00

Sri Lanka
3.60
2.80
2.90
3.10

Unemployment, female (% of female labor force)

20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
12.00
5.20
12.00
5.20
13.00
5.20
12.20
5.00

Bhutan
4.30
4.80
2.30
2.50

India
4.40
4.30
4.10
4.00

Maldives
18.50
18.20
17.60
18.30

Nepal
2.40
2.40
2.40
2.40

Pakistan
8.80
8.80
9.00
9.30

Sri Lanka
7.60
7.10
6.30
6.60

Labor force participation rate, total

(% of total population ages 15+)
90.00
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
48.10
70.70
48.00
70.80
47.90
70.80
47.90
70.80

Bhutan
71.50
71.80
72.20
72.50

India
55.40
54.80
54.10
54.20

Maldives
65.70
66.10
66.50
66.80

Nepal
83.50
83.40
83.40
83.30

Pakistan
54.00
54.10
54.20
54.40

Sri Lanka
55.00
55.00
55.00
55.00

Labor force participation rate, male

(% of male population ages 15+)
90.00
88.00
86.00
84.00
82.00
80.00
78.00
76.00
74.00
72.00
70.00
2010
2011
2012
2013

Afghanistan Bangladesh
80.10
84.20
79.90
84.10
79.70
84.10
79.50
84.10

Bhutan
76.00
76.50
76.90
77.20

India
80.80
80.30
79.90
79.90

Maldives
76.40
76.80
77.10
77.50

Nepal
87.60
87.40
87.30
87.10

Pakistan
82.80
82.90
82.90
82.90

Sri Lanka
76.50
76.50
76.40
76.30

Labor force participation rate, female

(% of female population ages 15+)
90.00
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
15.40
56.90
15.60
57.10
15.70
57.30
15.80
57.40

Bhutan
65.90
66.10
66.40
66.70

India
28.60
27.80
26.90
27.00

Maldives
55.10
55.50
55.90
56.20

Nepal
79.90
79.90
79.90
79.90

Pakistan
23.90
24.10
24.40
24.60

Sri Lanka
34.80
34.90
35.00
35.10

HDI
0.80
0.70
0.60
0.50
0.40
0.30
0.20
0.10
0.00
2010
2011
2012
2013

Afghanistan Bangladesh
0.45
0.54
0.46
0.55
0.47
0.55
0.47
0.56

Bhutan
0.57
0.58
0.58
0.58

India
0.57
0.58
0.58
0.59

Maldives
0.69
0.69
0.70
0.70

Nepal
0.53
0.53
0.54
0.54

Pakistan
0.53
0.53
0.54
0.54

Sri Lanka
0.74
0.74
0.75
0.75

Any Question