In 2023, the inflation rate in Bangladesh amounted to about 9.02 percent compared to the previous year. For the next few years, inflation in Bangladesh is forecast to stay around 5.5 percent.

Up-and-coming Bangladesh

Bangladesh is a mixed economy on the rise, with a soaring gross domestic product (GDP) and steady economic growth. While its unemployment has increased slightly since 2010, it seems to rest comfortably below the 4.4-percent mark. Employment is shifting from agriculture to services – the main GDP generator of the country.

One of the Next Eleven

Bangladesh is a fast-growing emerging economy and a member of the so-called Next Eleven – eleven nations with promising economic developments that puts them almost on eye level with the four BRIC states. Both terms were coined by economist Jim O’Neill and describe the major emerging economies today, taking aspects like macroeconomic stability, openness of trade, and standard of living into account. Other members of the Next Eleven are Egypt, Indonesia, Mexico, and Nigeria, among others.

Inflation, consumer prices (annual %) in Bangladesh was reported at 9.8835 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bangladesh - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Bangladesh inflation rate for 2023 was 9.88%, a 2.19% increase from 2022.

• Bangladesh inflation rate for 2022 was 7.70%, a 2.15% increase from 2021.
• Bangladesh inflation rate for 2021 was 5.55%, a 0.15% decline from 2020.
• Bangladesh inflation rate for 2020 was 5.69%, a 0.1% increase from 2019.

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

9.0 (%) in 2023. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data for inflation are averages for the year, not end-of-period data.

Cost of food in Bangladesh increased 9.24 percent in February of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Bangladesh Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 6.897 % in 2023. This records an increase from the previous number of 5.049 % for 2022. Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 6.257 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 80.570 % in 1975 and a record low of -17.630 % in 1976. Bangladesh BD: Inflation:(GDP) Gross Domestic ProductDeflator 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;Median;

9.9 (%) in 2023. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

Inflationsraten i Bangladesh faldt til 9,94 procent i januar fra 10,89 procent i december 2024. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Bangladesh - Inflation-Rate.

Bangladeş'te Tüketici Fiyat Endeksi, önceki aya göre Ocak 2025'te %0,15 arttı. Akım değerleri, tarihsel veriler, tahminler, istatistikler, grafikler ve ekonomik takvim - Bangladeş - Enflasyon Oranı (Aylık).

The real interest rate in Bangladesh decreased by 1.3 percentage points (-65.99 percent) in 2023 in comparison to the previous year. The year 2023 marks a significant change in the real interest rate compared to the previous year. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.Find more statistics on other topics about Bangladesh with key insights such as deposit interest rate, domestic credit to the private sector as a share of GDP, and broad money as a percentage of GDP.

Bangladesh BD: Real Interest Rate data was reported at 0.629 % pa in 2023. This records a decrease from the previous number of 1.972 % pa for 2022. Bangladesh BD: Real Interest Rate data is updated yearly, averaging 5.490 % pa from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 33.795 % pa in 1976 and a record low of -13.642 % pa in 2016. Bangladesh BD: Real Interest Rate 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: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;

At 23.06 percent, Pakistan had by far the highest inflation rate among South Asian economies as of February 2024. In contrast, Afghanistan had a negative inflation rate of 9.7 percent in the February of the same year.

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

        A dataset of monthly food price inflation estimates (aggregated for all food products available in the data) is also available for all countries covered by this modeling exercise.

Geographic coverage notes

The data cover the following sub-national areas: Khulna, Chittagong, Barisal, Rajshahi, Dhaka, Rangpur, Sylhet, Mymensingh, Market Average

The growth of the real gross domestic product (GDP) in Bangladesh was forecast to increase between 2024 and 2029 by in total 1.1 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The growth is estimated to amount to 6.5 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to 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.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Bhutan, India, and Pakistan.

GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Bangladesh BD: Consumer Price Index (CPI): % Change data was reported at 10.466 % in 2024. This records an increase from the previous number of 9.884 % for 2023. Bangladesh BD: Consumer Price Index (CPI): % Change data is updated yearly, averaging 6.160 % from Dec 1987 (Median) to 2024, with 38 observations. The data reached an all-time high of 11.395 % in 2011 and a record low of 2.007 % in 2001. Bangladesh BD: Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Bangladesh – Table BD.IMF.IFS: Consumer and Producer Price Index: Annual.

Purchasing power parity of Bangladesh rose by 3.18% from 27.7 LCU per international dollars in 2022 to 28.6 LCU per international dollars in 2023. Since the 1.44% decline in 2021, purchasing power parity went up by 1.18% in 2023. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP.

In 2023, the unemployment rate in Bangladesh was at approximately 5.06 percent. After a decrease from 2010 through 2011, Bangladesh’s unemployment has been steady at around 4.3 percent. Stuck in the middle? In the Asia-Pacific region, Bangladesh’s economy is ranked somewhere in the middle, lower than Pakistan, but even higher than New Zealand. The same is true for gross national income (GNI) and about the same for unemployment (where it ranks eighth, behind China, Australia, and Afghanistan). But Bangladesh’s figures are not always seemingly mediocre: It is one of the most densely populated countries with one of the largest populations worldwide. On the way up Most of Bangladesh’s workforce is employed in the tertiary sector, which is gaining workers while the share of employed people in the primary sector, including agriculture, is decreasing. The country’s GDP is on a steady upswing, while inflation seems to recover and level off at around 5 percent for now. Bangladesh is, after all, one of the world’s fastest-growing economies.

Bangladesh Building Construction Cost Index: Materials data was reported at 602.580 1998-1999=100 in Feb 2023. This records an increase from the previous number of 596.750 1998-1999=100 for Jan 2023. Bangladesh Building Construction Cost Index: Materials data is updated monthly, averaging 400.410 1998-1999=100 from Mar 2007 (Median) to Feb 2023, with 192 observations. The data reached an all-time high of 602.580 1998-1999=100 in Feb 2023 and a record low of 138.940 1998-1999=100 in Mar 2007. Bangladesh Building Construction Cost Index: Materials 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.EA002: Building Construction Cost Index: 1998-99=100.