Bangladesh


Bangladesh Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Bangladesh; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Bangladesh Bank
International Reserves US$ 9.175 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 118.416 billion (2010 estimate)
GDP (Purchasing Power Parity) 302.593 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
4.8% 4.8% 5.8% 6.1% 6.3% 6.5% 6.3% 6%
2009 2010 2011 2012*
5.9% 6.4% 6.1% 5.9%

*Estimate

GDP per capita - current prices US$ 701 (2010 estimate)
GDP per capita - PPP $1,790 International Dollars (2010 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.24% 0.25% 0.28% 0.35% 0.39%

**Forecast

GDP - composition by sector
  • agriculture: 18.4% 
  • industry: 28.6% 
  • services: 53% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
5.4%(2008) 8.1% 10.7% 10.4%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
N/A N/A N/A N/A N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-4.6% -3.7% -3.1% -4.1% -3.9%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$7.068 billion US$15.68 billion US$23.55 billion
Largest companies in Bangladesh N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -1.2 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP -1% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

18.4% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.13%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.03% (2011)(2007)

(Data were released in 2012)

Total exports US$25.79 billion (2012 estimate) 
Export commodities garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
Total imports US$35.06 billion (2012 estimate) 
Import commodities machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement
Exports - major partners US 19.7%, Germany 16.1%, UK 9.5%, France 7.2%, Italy 4.3%, Netherlands 4.3%, Spain 4.3%, Canada 4% (2011)
Imports - major partners China 18.2%, India 13.5%, Malaysia 4.9% (2011)
FDI inflows
2009 2010 2011
US$700 million US$913 million(2009) US$1,136 million(2009)
FDI outflows
2009 2010 2011
US$29 million US$15 million US$9 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) US$1 million(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 129 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 95 out of 185 countries(2009)

Enforcing Contracts: 182 out of 185 countries

Registering Property: 175 out of 185 countries

Getting credit: 83 out of 185 countries

Protecting investors: 25 out of 185 countries

Trading across border: 119 out of 185 countries

Paying Taxes: 97 out of 185 countries

Dealing with Construction Permits: 83 out of 185 countries

Getting Electricity: 185 out of 185 countries

Resolving Insolvency: 119 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
118

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 130 Score: 53.2 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+6
Total area 143,998 km2 (2006)
Capital Dhaka (2009)
Currency taka (BDT) (2009)
Government type parliamentary democracy (2009)
Languages Bangla (official, also known as Bengali), English
Religions Muslim 83%, Hindu 16%, other 1% (1998)
Total population
1980 1990 2000 2012* 2017**
90.4 million 115.63 million 140.77 million 150.04 million 158.21 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
5.1% 14.9% 23.6% 28.4%
Population median age 24 years (2010)
Population growth rate 1.2% (2011)
Life expectancy 69 years (2010)
Adult literacy 56% (2005/2010)
% of population living on less than $2 a day 81.33% (2011)
Inequality of wealth distribution (Gini index)

32.12 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

57.54% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 5% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Dhaka: 174th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.3471 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2012:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2012)
2011:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)
2010:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)
2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (Atiur Rahman, 2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2012:
  • COUNTRY WINNERS Islami Bank Bangladesh (National, 2012)
2011:
  • COUNTRY WINNERS Islami Bank Bangladesh (National, 2011)
2010:
  • COUNTRY WINNERS Islami Bank Bangladesh (National, 2010)
2009:
  • COUNTRY WINNERS Islami Bank Bangladesh (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS National Bank (National, 2012)
2011:
  • COUNTRY WINNERS AB Bank (National, 2011)
2010:
  • COUNTRY WINNERS AB Bank (National, 2010)
2009:
  • COUNTRY WINNERS Janata Bank (National, 2009)

CENTRAL BANKER REPORT CARD

2012:
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE