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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.
The growth of the real gross domestic product (GDP) in Bangladesh amounted to about 4.22 percent in 2024. From 1981 to 2024, the growth rose by approximately 0.42 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 2.40 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
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O Produto Interno Bruto (PIB) de Bangladesh expandiu 5,82% no segundo trimestre de 2024 em relação ao mesmo trimestre do ano anterior. Esta página fornece - Taxa de Crescimento Anual do PIB de Bangladesh - valores reais, dados históricos, previsões, gráficos, estatísticas, calendário econômico e notícias.
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Historical chart and dataset showing Bangladesh gdp growth rate by year from 1961 to 2023.
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Bangladesh BD: GDP: Growth: Exports of Goods and Services data was reported at 8.033 % in 2023. This records a decrease from the previous number of 29.393 % for 2022. Bangladesh BD: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 7.081 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 85.745 % in 1973 and a record low of -31.767 % in 1981. Bangladesh BD: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Bangladesh BD: GDP: Growth: Gross Fixed Capital Formation data was reported at 2.211 % in 2023. This records a decrease from the previous number of 11.653 % for 2022. Bangladesh BD: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 8.209 % from Jun 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 22.856 % in 1981 and a record low of 1.532 % in 1988. Bangladesh BD: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Bangladesh: Economic growth forecast: The latest value from 2030 is 6.62 percent, a decline from 7.53 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Bangladesh from 1981 to 2030 is 5.27 percent. The minimum value, 2.16 percent, was reached in 1988 while the maximum of 7.88 percent was recorded in 2019.
The 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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Historical dataset showing Bangladesh economic growth by year from 1960 to 2023.
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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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Key information about Bangladesh Nominal GDP Growth
In 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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GDP per capita growth (annual %) in Bangladesh was reported at 2.965 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bangladesh - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Bangladesh was reported at 5.7 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bangladesh - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Bangladesh BD: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 8.894 % in 2023. This records a decrease from the previous number of 11.411 % for 2022. Bangladesh BD: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 7.005 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 64.964 % in 1973 and a record low of -45.544 % in 1972. Bangladesh BD: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
The gross domestic product (GDP) per capita in Bangladesh was estimated at about 2.62 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 2.31 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 1.45 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).
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Bangladesh BD: GDP: Growth data was reported at 5.775 % in 2023. This records a decrease from the previous number of 7.100 % for 2022. Bangladesh BD: GDP: Growth data is updated yearly, averaging 5.121 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 10.953 % in 1964 and a record low of -13.974 % in 1972. Bangladesh BD: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
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Bangladesh’s development progress over the past decades has been remarkable. Bangladesh has been among the fastest growing economies in the world. Economic development has translated into higher living standards and improved social and health outcomes. The next years will determine Bangladesh’s longer term development trajectory. The milestones ahead reflect the deep structural transformation of Bangladesh’s economy over the past decades, but also serve as a reminder that further transformation will be required for a prosperous future. Sustaining fast growth and addressing these global challenges will require overcoming three critical growth constraint. This report explores these constraints and proposes actionable reforms to sustain development. It is expected to inform the public and help the authorities design policies to achieve the goals set out in the eighth five year plan and Bangladesh vision 2041. The report focuses on three growth constraints: (i) diversifying exports and increasing competitiveness to reach the next development stage through export-led growth; (ii) mobilizing domestic and international savings to channel them toward productive investment; and (iii) upgrading urban areas, unleashing secondary cities, and improving connectivity to sustain structural transformation and increase productivity. In addition, the implications of digital development and climate change are explored as crosscutting themes across the three topics.
This 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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GDP from Agriculture in Bangladesh increased to 3618.10 BDT Billion in 2024 from 3505.60 BDT Billion in 2023. This dataset provides - Bangladesh Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.