Browse a full set of economic indicators

Bangladesh

Includes historical data for Bangladesh’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Rising Prosperity But Challenges Remain

Bangladesh’s economic landscape showcases a mix of strengths and challenges. This nation of about 170 million has achieved remarkable progress, transitioning from one of the world’s poorest countries at its inception in 1971 to lower-middle-income status in 2015. Key advantages include favorable demographics, robust garment exports, significant remittance inflows, and progress in financial inclusion facilitated by microfinance and mobile services.

However, challenges ranging from bureaucratic hurdles and corruption to poor infrastructure and climate vulnerabilities continue to hinder foreign investment and undermine the government’s efforts to achieve upper middle-income status by 2031.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Dhaku
Sovereign Ratings S&P: BB–
Moody’s: B1
Fitch: BB–
Total Population 172 million
Median Age 27.1
Adult Per Capita Income (PPP) USD 10,152.91
Total GDP (2023) USD 455 billion

Bangladesh GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 93.9 billion (2022)
Leading Exports Refined Petroleum
Cotton
Natural Gas
Scrap Iron
Wheat
Total Imports USD 58.9 billion (2022)
Leading Imports Clothing
Knitwear
Leather Footwear                                                                      
Source: World Integrated Trade Solution

Bangladesh Leading Companies

Sonali Bank Financials
Janata Bank Limited Financials
Square Pharmaceuticals Healthcare
Petrobangla Energy, Exploration & Production
AtaHolding Conglomerates, Construction & Engineering, Telecommunications
Bangladesh Steel Corporation Materials
Walton Hi-Tech Industries Consumer Electronics & Appliances
Grameenphone Bangladesh Telecommunication Services

Major Trade Partners — Import

United States 19.4%
Germany 14.7%
United Kingdom 11.0%
Spain 5.8%
France 5.5%

Major Trade Partners — Export

China 21.5%
India 12.2%
Singapore 9.2%
Hong Kong 5.5%
Indonesia 4.6%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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