Abstract

Economic development is a most imperative element in figuring out the well-being of the citizens in a country. The present study analyzes the effect of key macroeconomic indicators on the Economic development of South Asian countries (Bangladesh, India, Pakistan, and Nepal) during the 1980 – 2020 period. Using a static linear panel statistics model, the research examines variables such as current account balance, government debt, revenue, expenditure, inflation, and trade volume. The main findings indicate that population level, general government revenue, inflation, and export volume positively affect economic growth. These results provide empirical grounding for strategies aimed at stabilizing and increasing the economic growth of South Asian nations.