Bangladesh: With Re-Election, Woman PM Sets New Record
Bangladesh's longest-serving PM wins re-election and vows to modernize the country.
Bangladesh GDP and Economic Data
Includes Bangladesh real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Bangladesh economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Bangladesh best banks and safest banks are also available.
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International Reserves
USD 32 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
GDP (Purchasing Power Parity)
Intl$ 761.7 billion (2018, estimate)
Source
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 6.5% | 5.5% | 5.3% | 6% | 6.5% | 6.3% | 6% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| 6.3% | 6.8% | 7.2% | 7.6% | 7.7% |
*Estimate
Source
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| 0.33% | 0.34% | 0.37% | 0.45% | 0.59% |
*Estimate
Source
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GDP - composition by sector
- agriculture: 13.1%
- industry: 28.5%
- services: 53%
(2018 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 6.2% | 5.7% | 5.6% | 5.6% | 5.5% |
*Estimate
Source
Unemployment rate
| 2015 | 2016 | 2017 | 2018 | 2019 |
| N/A | N/A | N/A | N/A | N/A |
*Estimate
Source
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 33.7% | 33.3% | 32.6% | 34% | 34.6% |
*Estimate
Source
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -4% | -3.4% | -3.3% | -4.6% | -4.8% |
*Estimate
Source
Government bond ratings
Standard & Poor's: BB-
Moody's: Ba3
Standard & Poor's / Moody's
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
-2.7 % (2018 estimate)
Source
Exports as percent of GDP (Exports of goods and services)
14.8% (2018)
Shares in world total merchandising export
0.20% (2018)
Shares in world total commercial services export
0.05% (2018)
Export commodities
Garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
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Import commodities
Cotton, machinery and equipment, chemicals, iron and steel, foodstuffs
Exports - major partners
US 13.9%, Germany 12.9%, UK 8.9%, France 5%, Spain 4.7% (2015)
Imports - major partners
China 21.9%, India 15.3%, Singapore 5.7% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 2,333 million | USD 2,152 million | USD 3,613 million |
Source
FDI outflows
| 2016 | 2017 | 2018 |
| USD 41 million | USD 142 million | USD 23 million |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| N/A | N/A | N/A | USD 77 million |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
(for a monthly update on M&A; click here )
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
(for a monthly update on M&A; click here )
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
168 out of 190 countries
Subcategories:
Starting a Business: 131 out of 190 countries
Dealing with Construction Permits: 135 out of 190 countries
Getting Electricity: 176 out of 190 countries
Registering Property: 184 out of 190 countries
Getting Credit: 119 out of 190 countries
Protecting Minority Investors: 72 out of 190 countries
Paying Taxes: 151 out of 190 countries
Trading across Borders: 176 out of 190 countries
Enforcing Contracts: 189 out of 190 countries
Resolving Insolvency: 154 out of 190 countries
Source
Global competitiveness ranking
105 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 121 / Score: 55.6 (Mostly unfree)
(100=totally free 0=totally repressed)
Source
Source
Languages
Bangla 98.8% (official, also known as Bengali), other 1.2% (2011 est.)
Religions
Muslim 89.1%, Hindu 10%, other 0.9% (includes Buddhist, Christian) (2013 est.)
Total population
| 1990 | 2000 | 2010 | 2015 | 2020* |
| 107.39 million | 132.38 million | 151.13 million | 159.86 million | 168.31 million |
*Estimate
Source
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 5.1% | 14.9% | 23.6% | 36.6% |
Literacy
Total population: 72.9%
Male: 75.7%
Female: 70.1%
Definition: age 15 and over can read and write (2017 est.)
% of population living on less than $3.10 a day
52.9% (last available estimate, 2016)
Inequality of wealth distribution (Gini index)
32.4 (last available estimate, 2016)
Source
Freedom House rating
Partly Free
Political Rights: 5
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed: 0.4% Mobile: 97.3% (2018) (fixed-telephone subscribers and mobile-cellular subscribers)