“IMF in its latest World Economic Outlook stated that “India will be poorer than Bangladesh by 2025”.”
What FACTLY found
This claim originated in 2020, when the IMF Outlook projected that Bangladesh’s per capita GDP had surpassed India’s. However, this conclusion can be misleading because GDP per capita does not directly indicate a country’s overall wealth. Importantly, since then, India has outperformed Bangladesh in various economic metrics and is projected to continue doing well in the future.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 2 May 2024. FACTLY (India) looked into it and published its finding on 3 May 2024, 1 day later. Its rating was “FALSE”.
Where the claim appeared
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.