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 8233.70 BDT Billion in 2024 from 7725.20 BDT Billion in 2023. 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 2012 to 2022. In 2022, 36.86 percent of the employees in Bangladesh were active in the agricultural sector, 21.88 percent in industry and 41.26 percent in the service sector.

Key information about Bangladesh Industrial Production Index Growth

• Bangladesh Industrial production rose 7.5 % YoY in Dec 2024, following an increase of 5.7 % YoY in the previous month.
• Bangladesh Industrial production index growth rate YoY data is updated monthly, available from Jul 1974 to Dec 2024, with an average rate of 7.0 %.
• 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.

Employment in industry (% of total employment) (modeled ILO estimate) in Bangladesh was reported at 20.88 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bangladesh - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2020, the industry sector in Bangladesh grew by 6.5 percent. Contrastingly, the industry sector in the Maldives decreased by 21.3 percent in 2020.

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

The Gross Domestic Product (GDP) in Bangladesh was worth 437.42 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Bangladesh represents 0.41 percent of the world economy. This dataset provides - Bangladesh GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bangladesh GDP: Transport, Storage and Communication: Services & Storage data was reported at 117,671.000 BDT mn in 2021. This records an increase from the previous number of 111,148.000 BDT mn for 2020. Bangladesh GDP: Transport, Storage and Communication: Services & Storage data is updated yearly, averaging 77,288.000 BDT mn from Jun 2010 (Median) to 2021, with 12 observations. The data reached an all-time high of 117,671.000 BDT mn in 2021 and a record low of 38,258.000 BDT mn in 2010. Bangladesh GDP: Transport, Storage and Communication: Services & Storage 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.A0006: SNA08: GDP by Industry: Current Price: Annual.

Bangladesh BD: GDP: % of Manufacturing: Textiles and Clothing data was reported at 56.806 % in 2020. This stayed constant from the previous number of 56.806 % for 2018. Bangladesh BD: GDP: % of Manufacturing: Textiles and Clothing data is updated yearly, averaging 37.711 % from Jun 1967 (Median) to 2020, with 32 observations. The data reached an all-time high of 56.806 % in 2020 and a record low of 19.798 % in 2006. Bangladesh BD: GDP: % of Manufacturing: Textiles and Clothing 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. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Textiles and clothing correspond to ISIC divisions 17-19.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;

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.

The Report Covers Bangladesh Textile Industry Statistics and the Market is Segmented by Application Type (Clothing Application, Industrial Application, and Household Application), Material (Cotton, Jute, Silk, Synthetics, and Wool), and Process (Woven and Non-woven). The market sizes and forecasts for all the above segments are Provided in terms of value (USD billion).

The Bangladesh Textile Market is projected to reach USD 29.31 billion by 2033, growing at a CAGR of 5.81% from 2025 to 2033. The market's growth is primarily driven by increasing demand for textiles from both domestic and international markets, rising population, and government initiatives to promote the textile industry. Moreover, the rise in disposable income and the growing adoption of fashion trends are further bolstering the market growth. Key trends shaping the market include the increasing focus on sustainability and eco-friendly production methods, technological advancements in textile manufacturing, and the growing popularity of e-commerce for textile sales. However, factors such as volatility in raw material prices, intense competition, and fluctuations in exchange rates pose challenges to market growth. Major players in the market include Ha-meem Group, Noman Group, Beximco Textile Division Limited, Square Textile Ltd, and DBL Group, among others. The market analysis provides comprehensive insights into the competitive landscape, demand-supply dynamics, and future growth prospects, making it valuable for industry participants, investors, and other stakeholders. The Bangladesh textile market is a significant contributor to the country's economy, accounting for over 9% of GDP and employing over 4 million people. The industry is highly export-oriented, with over 90% of production being exported to global markets. The textile sector in Bangladesh is primarily focused on the production of garments, which accounts for around 80% of total textile exports. Recent developments include: December 2022: The Asian Development Bank (ADB) signed a EUR 10.8 million (USD 11.2 million) facility agreement with the Bangladeshi manufacturer of fashion denim, Envoy Textiles Limited, to support and finance the purchase and installation of energy-efficient spinning machinery and other equipment. This move is expected to enhance sustainable textile production and generate local jobs. The proceeds of the loan will be used to fund a second yarn spinning unit at Envoy's manufacturing plant in Jamirdia, Bangladesh., March 2022: The American Apparel and Footwear Association (AAFA) signed a Memorandum of Understanding (MoU) with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The two groups will explore opportunities and work together to increase trade access for Bangladesh to the US market, improve purchasing practices, build on the great work already done by the Bangladeshi industry on sustainability, and expand the strong partnership between the US and Bangladeshi industries.. Notable trends are: Increasing Demand for Natural Fibers.

Bangladesh Freight & Logistics Market size was valued at USD 32.9 Billion in 2024 and is projected to reach USD 56.5 Billion by 2032, growing at a CAGR of 7% during the forecast period 2025 to 2032.

Bangladesh Freight & Logistics Market: Definition/ Overview

The freight and logistics sector encompasses a comprehensive network of transportation, warehousing, and supply chain management services that facilitate the movement of goods both domestically and internationally. This sector includes various modes of transport including road, rail, air, and maritime shipping, along with supporting infrastructure such as ports, container terminals, and inland container depots (ICDs). The industry serves as a crucial backbone for Bangladesh's economic growth, particularly supporting its thriving garment manufacturing sector and agricultural exports.

Total exports of goods from Bangladesh rose to 55.79 billion U.S. dollars in 2023. 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.

Relative weight and ranking of IoT adoption barriers in the Bangladeshi industrial sector.

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.

The "B2B Leads Database" is a comprehensive and structured collection of business-to-business (B2B) contact information. It is designed to help companies identify and reach out to potential partners, clients, suppliers, or other businesses for networking, sales, and collaboration purposes. Here’s a more detailed breakdown of the contents and purpose:

Contents: Company Information:

Company Name: The official name of the company or organization. Industry/Sector: The category or sector to which the company belongs (e.g., IT, manufacturing, healthcare, finance, etc.). Company Size: Information about the size of the company (small, medium, large) based on factors like revenue, employee count, or market presence. Location: Physical address, regional offices, or headquarters, categorized by country or region. Key Personnel / Leads:

Name of Key Persons/Leads: The primary contact persons in each company, typically decision-makers or individuals in influential roles. Designation: The role or position of the key person, such as CEO, Marketing Manager, Sales Director, CTO, or any other relevant title. Department: The specific department or business unit the contact person belongs to (e.g., Sales, IT, Marketing, HR). Contact Information:

Email Addresses: Professional email contacts for key personnel, verified for direct communication. Phone Numbers: Direct lines or company phone numbers for reaching key leads. LinkedIn Profiles (if applicable): Social media profiles for more informal outreach or research. Website: The company’s official website for further details or verification. Additional Information:

Engagement History: Any previous contact, notes on communication, or business dealings with the lead or company. Lead Status: Whether the lead is cold, warm, or hot, or any stage in the sales funnel. Lead Source: The origin of the lead, whether from referrals, inbound queries, trade shows, or online searches. Notes: Any specific insights or details about the lead or company, such as their current challenges, interests, or recent activities. Purpose: The B2B Leads Database is a vital resource for sales, marketing, and business development teams. It allows companies to:

Generate New Business Opportunities: Identify potential business partners or clients within relevant sectors. Target Specific Decision-Makers: Reach out directly to the most relevant individuals, increasing the chance of successful engagement. Track and Manage Leads: Maintain an organized and updated record of all B2B contacts, facilitating efficient lead nurturing and follow-ups. Market Segmentation and Targeting: Segment companies by industry, size, or location for more targeted marketing campaigns. Usage: This database is typically used in the context of:

B2B sales and outreach efforts. Account-based marketing (ABM) to focus on high-value targets. Networking and business partnerships. Industry-specific campaigns. The "B2B Leads Database" is a powerful tool for companies looking to streamline their business growth and client acquisition strategies by focusing on relevant leads in their sector.

The Bangladesh ICT Market is Segmented by Type (Hardware, Software, IT Services, Telecommunication Services), Size of Enterprise (Small and Medium Enterprises, Large Enterprises), End-user Vertical (BFSI, IT & Telecom, Government, Retail and E-Commerce, Manufacturing, Energy and Utilities). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.