Bangladesh has the world's 39th largest economy in terms of market exchange rates and 29th largest in terms of purchasing power parity, which ranks second in South Asia after India. Bangladesh is also one of the world's fastest-growing economies and one of the fastest growing middle-income countries. The country has a market-based mixed economy. A developing nation, Bangladesh is one of the Next Eleven emerging markets. According to the IMF, its per-capita income was  in 2019, with a GDP of $317 billion. Bangladesh has the second-highest foreign-exchange reserves in South Asia (after India). The Bangladeshi diaspora contributed $15.31 billion in remittances in 2015. Bangladesh's largest trading partners are the European Union, the United States, Japan, India, Australia, China and ASEAN. Expat workers in the Middle East and Southeast Asia send back a large chunk of remittances. The economy is driven by strong domestic demand.