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The Gross Domestic Product (GDP) in Bangladesh was worth 450.12 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Bangladesh represents 0.42 percent of the world economy. This dataset provides - Bangladesh GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterThe gross domestic product (GDP) of Bangladesh grew to 451.1 billion U.S. dollars in 2024. This is an increase of about 253 billion U.S. dollars since 2014, and this growth is projected to continue at least until 2030. Contributing factors Bangladesh is largely an export economy with a consistently negative trade balance. Much of its exports are manufactured goods, most notably garments. These goods are labor-intensive, and Bangladesh’s low wages make the country an attractive target for foreign direct investment. What does this mean for the Bangladeshi people? Bangladesh has a large population, roughly twice that of Germany. As such, GDP per capita is still low compared to global averages. However, a rapid increase in GDP per capita usually indicates a higher level of development, driving increases in many aspects of the people’s lives. For example, a more developed health care system leads to a considerably lower infant mortality rate. In a wider sense, this means lifting millions of people out of poverty.
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The Gross Domestic Product (GDP) in Bangladesh expanded 5.82 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterThis statistic shows the share of economic sectors in the gross domestic product (GDP) in Bangladesh from 2013 to 2023. In 2023, the share of agriculture in Bangladesh's gross domestic product was 11 percent, industry contributed approximately 34.59 percent and the services sector contributed about 51.11 percent.
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Key information about Bangladesh Market Capitalization: % of GDP
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The Bangladesh market size is projected to grow significantly, with a Compound Annual Growth Rate (CAGR) of 6.5% from 2023 to 2032. The global market size for 2023 is $411 billion, and it is forecasted to reach approximately $685 billion by 2032. This growth is driven primarily by an expanding industrial base, increased foreign investment, and a burgeoning middle class with rising disposable incomes.
One of the key growth factors for the Bangladesh market is the robust expansion of the textiles and garments industry. As one of the largest sectors in the country, it accounts for a significant portion of export revenue and employment. Favorable government policies, such as tax incentives and the establishment of Special Economic Zones (SEZs), have spurred further investment and production capacity in this sector. Additionally, the global shift towards sustainable and ethical fashion has created opportunities for Bangladeshi manufacturers to capture new market shares by adhering to international standards and certification.
Another critical factor contributing to the market growth is the rapid development of the pharmaceutical industry. Bangladesh has emerged as a significant player in the global pharmaceutical landscape, primarily due to its ability to produce generic drugs at competitive prices. The industry has benefited from consistent government support, including relaxed regulatory frameworks and incentives for research and development. Furthermore, the COVID-19 pandemic has highlighted the need for robust healthcare infrastructure, leading to increased investment in medical facilities and pharmaceutical production capabilities.
The burgeoning Information Technology (IT) sector is also a major growth driver. With a young, tech-savvy population, Bangladesh has seen a surge in IT-related activities, including software development, IT services, and business process outsourcing (BPO). Government initiatives such as the Digital Bangladesh Vision 2021 have played a pivotal role in fostering an environment conducive to IT growth. This push towards digital transformation has also attracted significant foreign direct investment (FDI), further bolstering the sector.
Regionally, Dhaka remains the economic powerhouse of Bangladesh, contributing a substantial portion to the country's GDP. The city has seen significant infrastructure development, including the construction of metro lines and expressways, which facilitate business operations and attract investments. Chittagong, as a major port city, also plays a crucial role in the country's trade dynamics, handling a large volume of imports and exports. Khulna and Rajshahi, while smaller in comparison, are growing economic centers with increasing industrial activities and investment opportunities.
The textiles and garments industry is the cornerstone of Bangladesh's economy, accounting for about 84% of the country’s total exports. This sector has experienced exponential growth due to several favorable conditions, including abundant labor supply, competitive labor costs, and supportive government policies. The establishment of Special Economic Zones (SEZs) has provided a controlled environment for businesses to operate efficiently, thereby attracting foreign investors. Additionally, the global trend towards sustainable and ethical production practices has led Bangladeshi manufacturers to adopt international standards, thereby opening new export markets.
Bangladesh's comparative advantage in this sector lies in its ability to produce garments at a lower cost compared to other countries. The availability of a large, skilled, and semi-skilled workforce has made it possible for manufacturers to produce high volumes at competitive prices. Moreover, government incentives such as tax holidays, subsidies, and reduced import duties on raw materials have further fueled growth in this sector. The implementation of advanced technologies like automated sewing machines and cutting-edge design software has also enhanced production efficiency and quality.
The industry's growth is not without its challenges. Issues such as poor labor conditions, safety concerns, and environmental impacts have drawn international scrutiny. However, significant strides have been made to address these issues through initiatives like the Bangladesh Accord and the Alliance for Bangladesh Worker Safety, which aim to improve factory safety and workers' rights. Additionally, th
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GDP from Services in Bangladesh increased to 17400.80 BDT Billion in 2025 from 16650.50 BDT Billion in 2024. This dataset provides - Bangladesh Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterIn 2024, India’s real gross domestic product (GDP) growth rate was around **** percent, the highest in South Asia. In contrast, Nepal reported the lowest real GDP growth rate in the region at approximately **** percent that year, but it was forecasted to increase to **** percent in 2026.Economy in South Asia In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over *** trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.Society in South AsiaFrom the South Asian countries, Bangladesh had the highest share of people living below the poverty line. The Maldives and Sri Lanka exhibited the highest and second-highest GDP per capita among the South Asian countries in 2021.
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The economy of Bangladesh is a developing market economy. It's the 39th largest in the world in nominal terms, and 30th largest by purchasing power parity; it is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh was the world's seventh fastest-growing economy with a rate of 7.3% real GDP annual growth. Dhaka and Chittagong are the principal financial centers of the country, being home to the Dhaka Stock Exchange and the Chittagong Stock Exchange. The financial sector of Bangladesh is the second largest in the Indian subcontinent. Bangladesh is one of the world's fastest-growing economies.
This data is taken from Wikipedia.
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🌍 Global GDP by Country — 2024 Edition
The Global GDP by Country (2024) dataset provides an up-to-date snapshot of worldwide economic performance, summarizing each country’s nominal GDP, growth rate, population, and global economic contribution.
This dataset is ideal for economic analysis, data visualization, policy modeling, and machine learning applications related to global development and financial forecasting.
🎯 Target Use-Cases:
- Economic growth trend analysis
- GDP-based country clustering
- Per capita wealth comparison
- Share of world economy visualization
| Feature Name | Description |
|---|---|
| Country | Official country name |
| GDP (nominal, 2023) | Total nominal GDP in USD |
| GDP (abbrev.) | Simplified GDP format (e.g., “$25.46 Trillion”) |
| GDP Growth | Annual GDP growth rate (%) |
| Population 2023 | Estimated population for 2023 |
| GDP per capita | Average income per person (USD) |
| Share of World GDP | Percentage contribution to global GDP |
💰 Top Economies (Nominal GDP):
United States, China, Japan, Germany, India
📈 Fastest Growing Economies:
India, Bangladesh, Vietnam, and Rwanda
🌐 Global Insights:
- The dataset covers 181 countries representing 100% of global GDP.
- Suitable for data visualization dashboards, AI-driven economic forecasting, and educational research.
Source: Worldometers — GDP by Country (2024)
Dataset compiled and cleaned by: Asadullah Shehbaz
For open research and data analysis.
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Key information about Bangladesh Private Debt: % of Nominal GDP
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Graph and download economic data for Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Bangladesh (BGDFCBODDLNUM) from 2004 to 2015 about branches and Bangladesh.
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Bangladesh HIES: Average Household Size: Rural data was reported at 4.300 Person in 2022. This records an increase from the previous number of 4.110 Person for 2016. Bangladesh HIES: Average Household Size: Rural data is updated yearly, averaging 4.530 Person from Dec 2000 (Median) to 2022, with 5 observations. The data reached an all-time high of 5.190 Person in 2000 and a record low of 4.110 Person in 2016. Bangladesh HIES: Average Household Size: Rural data remains active status in CEIC and is reported by Bangladesh Bureau of Statistics. The data is categorized under Global Database’s Bangladesh – Table BD.H004: Household Income and Expenditure Survey: Number of Household: by Size.
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Actual value and historical data chart for Bangladesh Population In Largest City
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TwitterStocks traded (% of GDP) of Bangladesh dropped by 6.77% from 3.0 % in 2023 to 2.8 % in 2024. Since the 139.18% jump in 2021, stocks traded (% of GDP) plummeted by 71.91% in 2024. Stocks traded refers to the total value of shares traded during the period. This indicator complements the market capitalization ratio by showing whether market size is matched by trading.
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Bangladesh HIES: Average Household Size: Urban data was reported at 4.180 Person in 2022. This records an increase from the previous number of 3.930 Person for 2016. Bangladesh HIES: Average Household Size: Urban data is updated yearly, averaging 4.410 Person from Dec 2000 (Median) to 2022, with 5 observations. The data reached an all-time high of 5.130 Person in 2000 and a record low of 3.930 Person in 2016. Bangladesh HIES: Average Household Size: Urban data remains active status in CEIC and is reported by Bangladesh Bureau of Statistics. The data is categorized under Global Database’s Bangladesh – Table BD.H004: Household Income and Expenditure Survey: Number of Household: by Size.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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BackgroundThe ready-made garment (RMG) sector is a significant contributor to the economic growth of Bangladesh, accounting for 10% of the country’s GDP and more than 80% of its foreign exchange earnings. The workforce in this sector is predominantly made up of women, with 2.5 million women working in the industry. However, these women face numerous challenges in carrying out their culturally-expected household responsibilities, including childcare, due to severe resource constraints. As a result, the children of these working women have a higher incidence of malnutrition, particularly stunted growth. This study aims to identify the factors that contribute to stunting in children under the age of five whose mothers work in the RMG sector in Bangladesh.MethodsThe study collected data from 267 female RMG workers in the Gazipur district of Bangladesh using a simple random sampling technique. Chi-square tests were used to determine the associations between the factors influencing child stunting, and Multinomial Logit Models were used to estimate the prevalence of these factors.ResultsThe study found that the prevalence of moderate and severe stunting among the children of RMG workers living in the Gazipur RMG hub was 19% and 20%, respectively. The study identified several significant predictors of child stunting, including the mother’s education level, nutritional knowledge, control over resources, receipt of antenatal care, household size, sanitation facilities, and childbirth weight. The study found that improving the mother’s education level, increasing household size, and receiving antenatal care during pregnancy were important factors in reducing the likelihood of child stunting. For example, if a mother’s education level increased from no education to primary or secondary level, the child would be 0.211 (0.071–0.627) and 0.384 (0.138–1.065) times more likely to have a normal weight and height, respectively, than to be moderately stunted.ConclusionThe study highlights the challenges faced by working women in the RMG sector, who often receive minimal wages and have limited access to antenatal care services. To address these challenges, the study recommends policies that support antenatal care for working-class mothers, provide daycare facilities for their children, and implement a comprehensive social safety net program that targets child nutrition. Improving the socioeconomic status of mothers is also critical to reducing child malnutrition in this population.
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Time series data for the statistic Government expenditure on tertiary education as % of GDP (%) and country Bangladesh. Indicator Definition:Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers), expressed as a percentage of GDP. It includes expenditure funded by transfers from international sources to government. Divide total government expenditure for a given level of education (ex. primary, secondary, or all levels combined) by the GDP, and multiply by 100. A higher percentage of GDP spent on education shows a higher government priority for education, but also a higher capacity of the government to raise revenues for public spending, in relation to the size of the country's economy. When interpreting this indicator however, one should keep in mind in some countries, the private sector and/or households may fund a higher proportion of total funding for education, thus making government expenditure appear lower than in other countries. Limitations: In some instances data on total public expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/The Serie's long term average value is 0.214. It's latest available value, on 12/31/2019, is 113.11 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 12/31/1997, to it's latest available value, on 12/31/2019, is +393.41%.The Serie's change in percent from it's maximum value, on 12/31/2016, to it's latest available value, on 12/31/2019, is -10.67%.
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Bangladesh HIES: Average Household Size data was reported at 4.260 Person in 2022. This records an increase from the previous number of 4.060 Person for 2016. Bangladesh HIES: Average Household Size data is updated yearly, averaging 4.500 Person from Dec 2000 (Median) to 2022, with 5 observations. The data reached an all-time high of 5.180 Person in 2000 and a record low of 4.060 Person in 2016. Bangladesh HIES: Average Household Size data remains active status in CEIC and is reported by Bangladesh Bureau of Statistics. The data is categorized under Global Database’s Bangladesh – Table BD.H004: Household Income and Expenditure Survey: Number of Household: by Size.
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The Gross Domestic Product (GDP) in Bangladesh was worth 450.12 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Bangladesh represents 0.42 percent of the world economy. This dataset provides - Bangladesh GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.