Economy - overview:
The economy has grown 5-6% 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 $9.7 billion in FY09 accounted for almost 25% of GDP.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: 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: Investment (gross fixed): Budget: Public debt: 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: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Oil - proved reserves: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: 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: The information regarding Bangladesh on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Bangladesh Economy 2011 information contained here. All suggestions for corrections of any errors about Bangladesh Economy 2011 should be addressed to the CIA.
$259.3 billion (2010 est.)
country comparison to the world: 47
note:
data are in 2010 US dollars
[see also: GDP (purchasing power parity) country ranks ]
$105.4 billion (2009 est.)
[see also: GDP (official exchange rate) country ranks ]
6% (2010 est.)
country comparison to the world: 36
[see also: GDP - real growth rate country ranks ]
$1,700 (2010 est.)
country comparison to the world: 197
note:
data are in 2010 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 18.4%
[see also: GDP - composition by sector - agriculture country ranks ]
industry:
28.7%
[see also: GDP - composition by sector - industry country ranks ]
services:
52.9% (2009 est.)
[see also: GDP - composition by sector - services country ranks ]
73.87 million
country comparison to the world: 8
note:
extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances estimated at $10.9 billion in 2009-10 (2009 est.)
[see also: Labor force country ranks ]
agriculture: 45%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
30%
[see also: Labor force - by occupation - industry country ranks ]
services:
25% (2008)
[see also: Labor force - by occupation - services country ranks ]
5.1% (2010 est.)
country comparison to the world: 47
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 ]
36.3% (2008 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 8.8%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
26.6% (2008 est.)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
33.2 (2005)
country comparison to the world: 94
[see also: Distribution of family income - Gini index country ranks ]
23.8% of GDP (2009 est.)
country comparison to the world: 48
[see also: Investment (gross fixed) country ranks ]
revenues: $11.43 billion
[see also: Budget - revenues country ranks ]
expenditures:
$15.9 billion (2010 est.)
[see also: Budget - expenditures country ranks ]
39.3% of GDP (2010 est.)
country comparison to the world: 74
[see also: Public debt country ranks ]
8.1% (2010 est.)
country comparison to the world: 188
[see also: Inflation rate (consumer prices) country ranks ]
5% (31 October 2010)
country comparison to the world: 86
[see also: Central bank discount rate country ranks ]
14.6% (31 December 2009 est.)
country comparison to the world: 38
[see also: Commercial bank prime lending rate country ranks ]
$13.98 billion (31 December 2010 est)
[see also: Stock of narrow money country ranks ]
$57.21 billion (31 December 2010 est.)
[see also: Stock of broad money country ranks ]
$62.2 billion (31 December 2010 est.)
country comparison to the world: 60
[see also: Stock of domestic credit country ranks ]
$7.068 billion (31 December 2009)
country comparison to the world: 75
[see also: Market value of publicly traded shares country ranks ]
rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
cotton textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizer, light engineering, sugar
6.4% (2009 est.)
country comparison to the world: 50
[see also: Industrial production growth rate country ranks ]
25.62 billion kWh (2007 est.)
country comparison to the world: 66
[see also: Electricity - production country ranks ]
23.94 billion kWh (2007 est.)
country comparison to the world: 65
[see also: Electricity - consumption country ranks ]
0 kWh (2008 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2008 est.)
[see also: Electricity - imports country ranks ]
5,733 bbl/day (2009 est.)
country comparison to the world: 91
[see also: Oil - production country ranks ]
96,000 bbl/day (2009 est.)
country comparison to the world: 76
[see also: Oil - consumption country ranks ]
2,612 bbl/day (2007 est.)
country comparison to the world: 110
[see also: Oil - exports country ranks ]
87,660 bbl/day (2007 est.)
country comparison to the world: 68
[see also: Oil - imports country ranks ]
28 million bbl (1 January 2010 est.)
country comparison to the world: 82
[see also: Oil - proved reserves country ranks ]
19.7 billion cu m (2008 est.)
country comparison to the world: 32
[see also: Natural gas - production country ranks ]
19.7 billion cu m (2008 est.)
country comparison to the world: 35
[see also: Natural gas - consumption country ranks ]
0 cu m (2008 est.)
country comparison to the world: 200
[see also: Natural gas - exports country ranks ]
0 cu m (2008 est.)
country comparison to the world: 200
[see also: Natural gas - imports country ranks ]
195.4 billion cu m (1 January 2010 est.)
country comparison to the world: 46
[see also: Natural gas - proved reserves country ranks ]
$3.734 billion (2010)
country comparison to the world: 34
[see also: Current account balance country ranks ]
$16.24 billion (2010)
country comparison to the world: 73
[see also: Exports country ranks ]
garments, frozen fish and seafood, jute and jute goods, leather
US 22.5%, Germany 14.2%, UK 9.6%, France 7%, Netherlands 6.4% (2009)
$21.34 billion (2010)
country comparison to the world: 68
[see also: Imports country ranks ]
machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement
China 16.16%, India 12.61%, Singapore 7.55%, Japan 4.63%, Malaysia 4.46% (2009)
$10.79 billion (31 December 2010 est.)
country comparison to the world: 53
[see also: Reserves of foreign exchange and gold country ranks ]
$24.46 billion (31 December 2010 est.)
country comparison to the world: 69
[see also: Debt - external country ranks ]
$6.72 billion (31 December 2010 est.)
country comparison to the world: 83
[see also: Stock of direct foreign investment - at home country ranks ]
$82 million (31 December 2010 est.)
country comparison to the world: 80
[see also: Stock of direct foreign investment - abroad country ranks ]
taka (BDT) per US dollar - 70.59 (2010), 69.039 (2009), 68.554 (2008), 69.893 (2007), 69.031 (2006)
This page was last modified 09-Feb-11