Economy - overview: In real terms Bangladesh's economy has grown 5.8% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are employed in the agriculture sector with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008-09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis, totaling $11 billion in FY10, accounted for almost 12% of GDP.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Bangladesh on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Bangladesh Economy 2014 information contained here. All suggestions for corrections of any errors about Bangladesh Economy 2014 should be addressed to the CIA.
$302.8 billion (2012 est.)
country comparison to the world: 44
note:
data are in 2012 US dollars
[see also: GDP country ranks ]
$121.3 billion (2012 est.)
[see also: GDP (official exchange rate) country ranks ]
6.1% (2012 est.)
country comparison to the world: 45
[see also: GDP - real growth rate country ranks ]
$2,000 (2012 est.)
country comparison to the world: 192
note:
data are in 2012 US dollars
[see also: GDP - per capita country ranks ]
27% of GDP (2012 est.)
country comparison to the world: 37
[see also: Gross national saving country ranks ]
household consumption: 75%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
5.7%
investment in fixed capital:
25.4%
investment in inventories:
4.3%
exports of goods and services:
25%
imports of goods and services:
-35.3%
agriculture: 17.7%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
28.5%
services:
53.9% (2012 est.)
rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
jute, cotton, garments, paper, leather, fertilizer, iron and steel, cement, petroleum products, tobacco, drugs and pharmaceuticals, ceramics, tea, salt, sugar, edible oils, soap and detergent, fabricated metal products, electricity and natural gas
8.9% (2012 est.)
country comparison to the world: 22
[see also: Industrial production growth rate country ranks ]
77 million
country comparison to the world: 7
note:
extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances were $10.9 billion in FY09/10 (2012 est.)
[see also: Labor force country ranks ]
agriculture: 45%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
30%
services:
25% (2008)
5% (2012 est.)
country comparison to the world: 45
note:
about 40% of the population is underemployed; many participants in the labor force work only a few hours a week, at low wages
[see also: Unemployment rate country ranks ]
31.5% (2010 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 4%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
27% (2010 est.)
33.2 (2005)
country comparison to the world: 98
[see also: Distribution of family income - Gini index country ranks ]
revenues: $14.03 billion
[see also: Budget revenues country ranks ]
expenditures:
$19.69 billion (2012 est.)
11.6% of GDP (2012 est.)
country comparison to the world: 204
[see also: Taxes and other revenues country ranks ]
-4.7% of GDP (2012 est.)
country comparison to the world: 161
[see also: Budget surplus (+) or deficit (-) country ranks ]
32.2% of GDP (2012 est.)
country comparison to the world: 111
[see also: Public debt country ranks ]
1 July - 30 June
6.6% (2012 est.)
country comparison to the world: 172
[see also: Inflation rate (consumer prices) country ranks ]
5% (31 December 2010 est.)
country comparison to the world: 71
[see also: Central bank discount rate country ranks ]
13% (31 December 2012 est.)
country comparison to the world: 62
[see also: Commercial bank prime lending rate country ranks ]
$14.85 billion (31 December 2012 est.)
country comparison to the world: 68
[see also: Stock of narrow money country ranks ]
$66.84 billion (31 December 2011 est.)
country comparison to the world: 64
[see also: Stock of broad money country ranks ]
$79.32 billion (31 December 2012 est.)
country comparison to the world: 58
[see also: Stock of domestic credit country ranks ]
$23.55 billion (31 December 2011)
country comparison to the world: 66
[see also: Market value of publicly traded shares country ranks ]
$1.754 billion (2012 est.)
country comparison to the world: 42
[see also: Current account balance country ranks ]
$24.92 billion (2012 est.)
country comparison to the world: 70
[see also: Exports country ranks ]
garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
US 16.6%, Germany 13.4%, UK 8.6%, France 5.2% (2012)
$32.29 billion (2012 est.)
country comparison to the world: 63
[see also: Imports country ranks ]
machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement
China 17.8%, India 13.8%, Malaysia 5%, Singapore 4.6%, South Korea 4.4% (2012)
$12.75 billion (31 December 2012 est.)
country comparison to the world: 71
[see also: Reserves of foreign exchange and gold country ranks ]
$29.53 billion (31 December 2012 est.)
country comparison to the world: 72
[see also: Debt - external country ranks ]
$6.64 billion (31 December 2012 est.)
country comparison to the world: 86
[see also: Stock of direct foreign investment - at home country ranks ]
$108.1 million (31 December 2012 est.)
country comparison to the world: 89
[see also: Stock of direct foreign investment - abroad country ranks ]
taka (BDT) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 06-Nov-14