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.

GDP from Manufacturing in Bangladesh increased to 8421.90 BDT Billion in 2025 from 7969.10 BDT Billion in 2024. This dataset provides - Bangladesh Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 statistic shows the distribution of employment in Bangladesh by economic sector from 2013 to 2023. In 2023, 35.27 percent of the employees in Bangladesh were active in the agricultural sector, 20.88 percent in industry and 43.85 percent in the service sector.

Key information about Bangladesh Industrial Production Index Growth

• Bangladesh Industrial production rose 3.9 % YoY in Sep 2025, following an increase of 3.8 % YoY in the previous month.
• Bangladesh Industrial production index growth rate YoY data is updated monthly, available from Jul 1974 to Sep 2025, with an average rate of 17.8 %.
• The data reached an all-time high of 82.3 % in Apr 2021 and a record low of -37.8 % in Jan 1979.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The Bangladesh Bureau of Statistics provides Industrial Production Index with base 2015-2016=100. Industrial Production Index covers State Owned Manufacturing Enterprises and major Manufacturing Enterprises in Private sector only. Industrial Production Index Growth prior June 2022 is calculated from Industrial Production Index: Manufacturing with base 2005-2006=100. Industrial Production Index Growth prior to February 2013 is calculated from Industrial Production Index with base 2010=100 sourced from the International Monetary Fund.

Bangladesh BD: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 22.342 % in 2023. This records an increase from the previous number of 21.765 % for 2022. Bangladesh BD: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 14.201 % from Jun 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 22.342 % in 2023 and a record low of 3.984 % in 1972. Bangladesh BD: GDP: % of GDP: 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: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

Bangladesh Market Outlook

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.

Industry Analysis

Textiles and Garments Analysis

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

In 2023, the value added in industry in Bangladesh grew by *** percent from the previous year. In comparison, the value added in industry in Bangladesh was the highest in 2019, when it stood at **** percent.

Bangladesh ICT Market size was valued at USD 8.00 Billion in 2024 and is projected to reach USD 20.00 Billion by 2032, growing at a CAGR of 12.1% from 2026 to 2032.

Bangladesh ICT Market: Definition/ Overview

Information and Communication Technology (ICT) refers to the integration of telecommunications, computers, and software to store, retrieve, transmit, and manipulate data. It encompasses a wide range of technologies, including the internet, wireless networks, software applications, and electronic devices that facilitate communication and information processing. ICT is widely applied across various sectors, including education, healthcare, business, and government, improving productivity, connectivity, and accessibility.

Abstract

This survey was conducted in Bangladesh between April 2013 and September 2013 as part of the Enterprise Survey project, an initiative of the World Bank. The objective of the survey is to obtain feedback from enterprises on the state of the private sector as well as to help in building a panel of enterprise data that will make it possible to track changes in the business environment over time, thus allowing, for example, impact assessments of reforms. Through interviews with firms in the manufacturing and services sectors, the survey assesses the constraints to private sector growth and creates statistically significant business environment indicators that are comparable across countries.

The standard Enterprise Survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. Over 90% of the questions objectively ascertain characteristics of a country's business environment. The remaining questions assess the survey respondents' opinions on what are the obstacles to firm growth and performance.

Geographic coverage

National

Analysis unit

The primary sampling unit of the study is the establishment. An establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll.

Universe

The whole population, or universe of the study, is the non-agricultural economy. It comprises: all manufacturing sectors according to the group classification of ISIC Revision 3.1: (group D), construction sector (group F), services sector (groups G and H), and transport, storage, and communications sector (group I). Note that this definition excludes the following sectors: financial intermediation (group J), real estate and renting activities (group K, except sub-sector 72, IT, which was added to the population under study), and all public or utilities-sectors.

Kind of data

Sample survey data [ssd]

Sampling procedure

The sample for Bangladesh ES 2013 was selected using stratified random sampling. Three levels of stratification were used in this country: industry, establishment size, and region.

Industry stratification was designed in the way that follows: the universe was stratified into 7 manufacturing industries (food, apparel, leather, chemicals, transport, furniture, and other manufacturing), and 2 service industries (retail and other services).

Size stratification was defined following the standardized definition for the rollout: small (5 to 19 employees), medium (20 to 99 employees), and large (more than 99 employees). For stratification purposes, the number of employees was defined on the basis of reported permanent full-time workers. This seems to be an appropriate definition of the labor force since seasonal/casual/part-time employment is not common practice, apart from the construction and agriculture sectors which are not included in the survey.

Regional stratification was defined in four regions: Dhaka, Chittagong, Khulna-Jessore, and Rajshahi-Bogra.

Bangladesh Bureau of Statistics, Business Register 2009 database was used as the frame for the selection of a sample with the aim of achieving 1,320 interviews with establishments of five or more employees. This target was for fresh firms, i.e. firms that were not interviewed in the previous Enterprise Survey.

The percentage of confirmed non-eligible units as a proportion of the total number of sampled establishments contacted for the survey was 1.72% (70 out of 4,072 establishments).

Mode of data collection

Face-to-face [f2f]

Research instrument

The structure of the data base reflects the fact that two different versions of the questionnaire were used for 3 categories of businesses (manufacturing, retail, and other services/non-retail). The Manufacturing Questionnaire includes all common questions asked to all establishments and some specific questions relevant to manufacturing firms. The Services Questionnaire, administered to retail and other services/non-retail establishments, includes all common questions asked to all establishments and some specific questions relevant retail and other services firms. Each variation of the questionnaire is identified by the index variable, a0.

All variables are named using, first, the letter of each section and, second, the number of the variable within the section, i.e. a1 denotes section A, question 1. Variable names proceeded by a prefix "SAR" or "BG" indicate questions specific to the South Asia region or Bangladesh only, therefore, they may not be found in the implementation of the rollout in other countries. All other suffixed variables are global and are present in all country surveys over the world. All variables are numeric with the exception of those variables with an "x" at the end of their names. The suffix "x" denotes that the variable is alpha-numeric.

Cleaning operations

Data entry and quality controls are implemented by the contractor and data is delivered to the World Bank in batches (typically 10%, 50% and 100%). These data deliveries are checked for logical consistency, out of range values, skip patterns, and duplicate entries. Problems are flagged by the World Bank and corrected by the implementing contractor through data checks, callbacks, and revisiting establishments.

Response rate

The number of contacted establishments per realized interview was 0.56. This number is the result of two factors: explicit refusals to participate in the survey, as reflected by the rate of rejection (which includes rejections of the screener and the main survey) and the quality of the sample frame, as represented by the presence of ineligible units. The number of rejections per contact was 0.56.

Item non-response was addressed by two strategies: a- For sensitive questions that may generate negative reactions from the respondent, such as corruption or tax evasion, enumerators were instructed to collect the refusal to respond as a different option from don’t know. b- Establishments with incomplete information were re-contacted in order to complete this information, whenever necessary.

Survey non-response was addressed by maximizing efforts to contact establishments that were initially selected for interview. Attempts were made to contact the establishment for interview at different times/days of the week before a replacement establishment (with similar strata characteristics) was suggested for interview. Survey non-response did occur but substitutions were made in order to potentially achieve strata-specific goals.

Bangladesh BD: Employment In Industry: Modeled ILO Estimate: % of Total Employment data was reported at 20.876 % in 2023. This records an increase from the previous number of 20.546 % for 2022. Bangladesh BD: Employment In Industry: Modeled ILO Estimate: % of Total Employment data is updated yearly, averaging 15.221 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 20.876 % in 2023 and a record low of 9.533 % in 1996. Bangladesh BD: Employment In Industry: Modeled ILO Estimate: % of Total Employment 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: Employment and Unemployment. Employment is defined as persons of working age who were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period or not at work due to temporary absence from a job, or to working-time arrangement. The industry sector consists of mining and quarrying, manufacturing, construction, and public utilities (electricity, gas, and water), in accordance with divisions 2-5 (ISIC 2) or categories C-F (ISIC 3) or categories B-F (ISIC 4).;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;

Innovation is key to gaining a sustainable edge in an increasingly competitive global manufacturing landscape. For Bangladesh’s manufacturing sector to survive and thrive in today’s cutthroat business environment, adopting transformative technologies such as the Internet of Things (IoT) is not a luxury but a necessity. This article tackles the formidable task of identifying and comprehensively evaluating the impediments to IoT adoption in the Bangladeshi manufacturing industry. We delve deeply into the complex terrain of IoT adoption challenges by synthesizing expert insights and a meticulously selected body of contemporary literature. We employ a robust methodology combining the Delphi method with the fuzzy Analytical Hierarchy Process to systematically analyze and prioritize these challenges. Using this methodology, we leveraged the combined expertise of domain specialists and subsequently employed fuzzy logic techniques to address the inherent ambiguities and uncertainties within the data. Our findings highlight this clear path. They reveal that among the myriad barriers, “Lack of top management commitment to implementing new technology” (B10), “High initial implementation investment costs” (B9), and “Risks associated with switching to a new business model” (B7) loom most extensive, demanding immediate attention. These insights are not confined to academia but serve as a pragmatic guide for industrial managers. Armed with the knowledge gleaned from this study, managers can craft tailored strategies, set well-informed priorities, and embark on a transformational journey toward harnessing the vast potential of IoT in the Bangladeshi industrial sector. This article provides a comprehensive understanding of IoT adoption challenges and industry leaders with the tools necessary to navigate these challenges effectively. This strategic navigation, in turn, contributes significantly to enhancing the competitiveness and sustainability of Bangladeshi manufacturing in the IoT era.

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.

Total exports of goods from Bangladesh rose to ***** billion U.S. dollars in 2024. This is the highest level in ten years, nearly double the 2013 figure. Much of these exports are garments and textiles. Why exports matter Net exports are an important component of gross domestic product (GDP), the most common measure of a country’s economic success. Bangladesh tends to have a trade deficit, but the increasing value of exports will offset this loss. Additionally, the manufacturing sector, and in particular the garment industry, contribute to Bangladesh’s low unemployment rate, offering jobs that pay better than many others in the country. Bangladesh and garmets Bangladesh has one of the lowest monthly miminum wages worldwide. However, the garmet industry has fueled significant economic growth . For this reason, people both inside and outside of Bangladesh have conflicting views over the industry there. Human rights activists regularly spotlight the poor and dangerous working contitions in such factories. However, the average monthly wages in the industry are enough to lift entire families out of extreme poverty. As long as the business makes sense, the garment industry will continue to make use of Bangladeshi labor, contributing to the exports measured in this statistic.

Techsalerator’s Business Technographic Data for Bangladesh: Unlocking Insights into Bangladesh's Technology Landscape

Techsalerator’s Business Technographic Data for Bangladesh provides a comprehensive and detailed collection of information crucial for businesses, market analysts, and technology vendors looking to understand and engage with companies operating in Bangladesh. This dataset offers an in-depth exploration of the technological landscape, capturing and categorizing data related to technology stacks, digital tools, and IT infrastructure within Bangladeshi businesses.

Please reach out to us at info@techsalerator.com or visit Techsalerator Contact.

Top 5 Most Utilized Data Fields

1. Company Name: This field lists the names of companies being analyzed in Bangladesh. Knowing which companies are active in the market helps technology vendors and analysts target their solutions and understand technology adoption trends within specific organizations.

2. Technology Stack: This field details the technologies and software solutions that Bangladeshi companies use, including ERP systems, CRM platforms, and cloud-based solutions. Insights into a company’s tech stack are invaluable for assessing their operational capabilities and tech infrastructure.

3. Deployment Status: This field indicates whether the technology is currently in use, planned for deployment, or under evaluation. It helps technology providers assess adoption levels and understand where opportunities may exist for new deployments.

4. Industry Sector: Identifies the industry in which a company operates, such as garments manufacturing, ICT, financial services, or logistics. Segmenting businesses by industry enables vendors to align their solutions with specific market needs in Bangladesh.

5. Geographic Location: Offers information on the location of a company's headquarters or primary operations in Bangladesh, critical for regional market analysis and understanding local tech trends across urban and rural areas.

Top 5 Technology Trends in Bangladesh

1. Mobile Technology and E-Commerce: Mobile penetration is high in Bangladesh, driving e-commerce and mobile banking growth. Businesses are increasingly leveraging mobile platforms to reach consumers, offering payment gateways, shopping apps, and more.

2. Digital Banking and Fintech: The fintech sector in Bangladesh is rapidly expanding, with a growing adoption of mobile banking, digital payment systems, and blockchain-based solutions, driven by increased demand for digital financial services.

3. Cloud Computing: Cloud adoption is rising across various sectors, from education to financial services. Businesses in Bangladesh are using cloud solutions for scalability, cost reduction, and enhanced collaboration.

4. IT Outsourcing and BPO: Bangladesh is becoming a key player in IT outsourcing and business process outsourcing (BPO), offering a growing pool of tech talent. Companies globally are looking to Bangladesh for cost-effective IT services and software development.

5. Sustainability and Green Technology: Renewable energy, especially solar power, is gaining momentum as businesses look for sustainable and cost-effective power solutions. The garment industry, in particular, is embracing green technologies to improve sustainability.

Top 5 Companies with Notable Technographic Data in Bangladesh

1. Grameenphone: The largest telecommunications operator in Bangladesh, Grameenphone is leading the country in mobile connectivity, 4G services, and digital innovation.

2. bKash: A pioneer in mobile financial services, bKash is revolutionizing the fintech space in Bangladesh with its mobile payment and money transfer services, especially for the unbanked population.

3. BRAC Bank: Known for its focus on SME banking, BRAC Bank is also embracing digital transformation with advanced online banking platforms and mobile applications to serve its customers better.

4. Bangladesh Garment Manufacturers and Exporters Association (BGMEA): As the representative of the largest industry in Bangladesh, the BGMEA is leading initiatives for sustainable practices, including the adoption of energy-efficient technologies and automation.

5. Robi Axiata: A major telecom player, Robi is known for its investment in digital infrastructure, cloud solutions, and IoT technologies, contributing significantly to Bangladesh’s digital economy.

Accessing Techsalerator’s Business Technographic Data

If you’re interested in obtaining Techsalerator’s Business Technographic Data for Bangladesh, please contact info@techsalerator.com with your specific requirements. Techsalerator will provide a customized quote based on the number of data fields and records you need, with the dataset available for delivery within 24 hours. Ongoing access o...

The integrated analysis of quantitative and qualitative data provides a diverse assessment of the present state of green finance awareness, adoption intent and sustainability-related practices within textile industries in Bangladesh. The quantitative dataset that was derived from the spider chart encompasses three core dimensions: Regulatory Effectiveness, Online Platform Utilization and Waste Fabric Management. The computed mean scores for these indicators were approximately 3, 2.82 and 3.27 respectively, based on a five-point Likert scale. These results suggest that while respondents exhibit moderate confidence in existing regulatory frameworks and digital engagement, in waste fabric management, the demonstrated performance is slightly higher, yet still the implementation level is quite modest

The Bangladesh Seed Market Report is Segmented by Product Type (Transgenic Hybrids, Non-Transgenic Hybrids, and Open-Pollinated Varieties), and Crop Type (Grains and Cereals, Pulses and Oilseeds, Cotton and Vegetables, and Other Crops). The Market Forecasts are Provided in Terms of Value (USD).

The Bangladesh Construction Market Report is Segmented by Sector (Residential, Commercial, and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site and More), by Investment Source (Public and Private), and by Geography (Dhaka, Chittagong, Khulna, and the Rest of Bangladesh). The Market Forecasts are Provided in Terms of Value (USD).

In 2021, the share of ready-made garment (RMG) exports in Bangladesh amounted to approximately ***** percent of the total exports. Although a decrease from the previous year, this was an increase from 2012, in which RMG exports accounted for approximately ***** percent of the total exports in Bangladesh.

The Bangladesh construction market exhibits robust growth potential, projected to reach a market size of $32.33 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 6.42% from 2025 to 2033. This significant expansion is driven by several key factors. Firstly, rapid urbanization and population growth are fueling an increasing demand for residential, commercial, and infrastructure projects. Secondly, substantial government investments in infrastructure development, including roads, bridges, power plants, and communication networks, are creating numerous opportunities for construction companies. Thirdly, the development of special economic zones (SEZs) and industrial parks further stimulates construction activities. Finally, a growing middle class with increased disposable income contributes to a rise in demand for housing and commercial spaces. However, challenges remain. The sector faces constraints such as land acquisition issues, bureaucratic hurdles in obtaining permits, and fluctuations in material costs. Despite these challenges, the long-term outlook for the Bangladesh construction market remains positive, supported by continued economic growth and increasing foreign direct investment (FDI). Key players like Anan Construction, Concord Engg & Construction Ltd, Mir Akhter Hossain Limited, Pubali Construction, Suvastu Engineering, Western Engineering (Pvt) Ltd, Infratech Construction Company Ltd, Toma Group Ltd, Mazid Sons Constructions Ltd, and KEC International Ltd are actively shaping this dynamic market. Competition is likely to intensify as the market expands, leading to innovation and improved efficiency within the sector. Key drivers for this market are: 4., Rapid Urbanization is driving the market4.; Government Initiatives Actively promoting the Construction Activities. Potential restraints include: 4., Limited Infrastructure4.; Shortage of Skilled Labours. Notable trends are: Growth in Infrastructure Activities is driving the market.