Economy of Bangladesh

Intro.

Economy of Bangladesh is the fastest growing economy in comparing to other south Asian countries. Further more, Bangladesh economy is a developing market economy. Bangladesh is the 36th largest economy in the world by normal terms and the 25th largest economy by purchasing power parity.

If we see the growing speed of the bangladesh economy, it is a 11th largest emerging economy in the world. Further bangladesh is a 7th fastest growing economy by its GDP terms. Dhaka and Chattagong are the largest and financial hubs of bangladesh.

If we compare the bangladesh economy with other south asian countries, we see that bangladesh is the second largest economy and 1st fastest growing economy in the south asia.

Bangladesh GDP statistics

Bangladesh total population is around 165,160,600 by the year 2022. Total GDP of bangladesh is $450 billion nominal and $1 trillion ppp in the year 2022.

Bangladesh GDP rank is 35th nominal and 25th ppp in the year 2022. GDP growth rate of bangladesh is 7.1% in the year 2022. GDP per capita is $2,730 nominal in the year 2022.

GDP per capita rank of bangladesh is 137th nominal in the year 2022. Inflation rate in bangladesh is 6.1% in the year 2022. 20% of the bangladesh population lives in below the poverty line.

Bangladesh economy statistics

Unemployment rate in bangladesh is 4.2% in the year 2022. Main industries of bangladesh is textile, pharma, automotives, leather, glass, paper, food, cement, tea, rice, iron, steel and many others.

The total gross external debt of bangladesh is $70 billion in the year 2021. Bangladesh’s total foreign reserves are $45 billion in the year 2022.

Exports and Imports stats of Bangladesh

The total exports of Bangladesh are $50 billion in the year 2022.Main export partners of Bangladesh are United states, India, Canada, EU, Australia, and many others.

Total imports of bangladesh are $80 billion in the year 2022. Main import goods of bangladesh are textile, machinery, electronic equipments, minerals, metals, chemicals and many others. The main import partners of bangladesh are China, India, Hong Kong, EU and others.

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