Bangladesh GDP Data & Country Report

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$ 11.175 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 115.387 billion (2009 estimate)

GDP (Purchasing Power Parity)

277.919 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
5.6%	4.8%	4.8%	5.8%	6.1%	6.3%	6.5%	6.3%
2008	2009	2010	2011*
6%	5.8%	6%	6.3%

*Estimate

GDP per capita - current prices

US$ 692 (2009 estimate)

GDP per capita - PPP

$1,667 International Dollars (2009 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: 18.6%
industry: 28.6%
services: 52.8% (2009 estimate)

(Data released on November 2010)

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

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
8.9%(2008)	5.4%	8.2%	7.6%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
N/A	N/A	N/A	N/A	N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-3.2%	-5.1%	-3.7%	-2.7%	-3.3%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: BB-/Stable/B

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$6.793 billion	US$6.671 billion	US$7.068 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)

20.9% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.13%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.03%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$16.24 billion f.o.b. (2010 estimate)

Export commodities

garments, jute and jute goods, leather, frozen fish and seafood

Total imports

US$20.17 billion (2008 estimate)

Import commodities

machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement

Exports - major partners

US 23%, Germany 13%, UK 9.1%, France 5.5%, Belgium 4% (2007)

Imports - major partners

China 15%, India 14.3%, Kuwait 8.3%, Singapore 6.2%, Hong Kong 4.2% (2007)

FDI inflows

2008	2009	2010
US$1,086 million	US$700 million(2009)	US$913 million(2009)

FDI outflows

2008	2009	2010
US$9 million	US$29 million	US$15 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 2008

(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 2010

(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 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 107 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 79 out of 183 countries(2009)

Registering property: 172 out of 183 countries

Paying Taxes: 93 out of 183 countries

Getting credit: 72 out of 183 countries

Protecting investors: 20 out of 183 countries

Trading across border: 112 out of 183 countries

Enforcing Contracts: 179 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

108

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 130 Score: 53 (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	2010*	2015**
90.4 million	115.63 million	140.77 million	164.47 million	176.53 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
5.1%	14.9%	23.6%	27.6%

Population median age

22.0 years (2006)

Population growth rate

1.4% (2009)

Life expectancy

64 years (2007)

Adult literacy

54% (2000/2007)

% of population living on less than $2 a day

81.33% (2011)

Inequality of wealth distribution (Gini index)

31 (2005)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:4 (2010)

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

Total telephone subscribers as % of population

46.77% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

3.7% (Data were released in 2011 and refer to 2010)

Cost of living 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)

0.2908 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

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 (2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

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

2011:

COUNTRY WINNERS AB Bank (National, 2011)

2010:

COUNTRY WINNERS AB Bank (National, 2010)

2009:

COUNTRY WINNERS Janata Bank (National, 2009)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Bangladesh GDP Data & Country Report | Global Finance

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2011:

2010:

2009:

WORLD'S BEST EMERGING MARKET BANKS

2011:

2010:

2009: