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The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Apr 11, 2024 · Bangladesh has a strong track record of growth and development, even in times of elevated global uncertainty. A robust demographic dividend, strong ready-made garment (RMG) exports, resilient remittance inflows, and stable macroeconomic conditions have supported rapid economic growth over the past two decades.
Feb 15, 2024 · Bangladesh's sustained economic growth makes it one of the fastest growing economies in the region. The Asian Development Bank, in its Asian Development Outlook for 2019, said that Bangladesh...
Apr 13, 2022 · WASHINGTON, April 13, 2022— Bangladesh has made a strong economic recovery from the COVID-19 pandemic, but growth faces new headwinds as global commodity prices increase amid the uncertainty created by the war in Ukraine, says a new World Bank report, Bangladesh Development Update – Recovery and Resilience Amid Global Uncertainty, launched ...
GDP grew by 6.9% in fiscal year 2021 (FY2021, ended 30 June 2021), up from 3.4% in FY2020. A rise in external trade and swift implementation of fiscal and monetary stimulus in response to the COVID-19 pandemic helped drive solid FY2021 expansion.
GDP (current US$) - Bangladesh. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map.
Bangladesh economy maintained an average annual growth rate of close to 7 percent over the last decade, with 8.15% outturn and per capita GDP of USD 1828 in FY19. Trend of Real GDP Growth and GDP per capita 1/ FY91-FY19 (y/y, in percentage points)
Economy. Risk. Business. In brief. Following elections on January 7th the ruling Awami League (AL) returned to power with a supermajority, with Sheikh Hasina Wajed remaining as prime minister for a fourth consecutive term.
Access Bangladesh’s economy facts, statistics, project information, development research from experts and latest news. Latest news and information from the World Bank and its development work in Bangladesh.
Bangladesh: Selected Indicators. The COVID-19 pandemic adversely affected Bangladesh economy, with preliminary estimate showing a decline of GDP growth to 5.2 percent in FY20, from over 8 percent in FY19. In FY20, GDP per capita rose to USD 1970 from USD 1856 in 2019.
