Economy of Bangladesh
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 $11 billion in FY10, accounted for almost 12% of GDP.
$282.5 billion (2011 est.)
country comparison to the world: 44
$265.7 billion (2010 est.)
$249.8 billion (2009 est.)
note: data are in 2011 US dollars
6.3% (2011 est.)
country comparison to the world: 39
6.4% (2010 est.)
5.9% (2009 est.)
$1,700 (2011 est.)
country comparison to the world: 194
$1,600 (2010 est.)
$1,500 (2009 est.)
note: data are in 2011 US dollars
agriculture: 19.9%
industry: 30.4%
services: 49.7% (2011 est.)
75.42 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 (2011 est.)
agriculture: 45%
industry: 30%
services: 25% (2008)
5% (2011 est.)
country comparison to the world: 48
5.1% (2010 est.)
note: about 40% of the population is underemployed; many participants in the labor force work only a few hours a week, at low wages
lowest 10%: NA
highest 10%: 26.6% (2008 est.)
33.2 (2005)
country comparison to the world: 101
33.6 (1996)
23.3% of GDP (2011 est.)
country comparison to the world: 82
revenues: $12.67 billion
expenditures: $17.15 billion (2011 est.)
11% of GDP (2011 est.)
country comparison to the world: 204
-3.9% of GDP (2011 est.)
country comparison to the world: 125
36.7% of GDP (2011 est.)
country comparison to the world: 87
35.4% of GDP (2010 est.)
10.7% (2011 est.)
country comparison to the world: 194
8.1% (2010 est.)
5% (31 December 2010 est.)
country comparison to the world: 72
5% (31 December 2009 est.)
13.4% (31 December 2011 est.)
country comparison to the world: 66
13% (31 December 2010 est.)
$16.27 billion (31 December 2011 est.)
country comparison to the world: 67
$14.12 billion (31 December 2010 est.)
$59.86 billion (30 October 2011 est.)
country comparison to the world: 64
$56.44 billion (31 December 2010 est.)
$73.69 billion (31 December 2011 est.)
country comparison to the world: 58
$64.71 billion (31 December 2010 est.)
$47 billion (31 December 2010)
country comparison to the world: 74
$7.068 billion (31 December 2009)
$6.671 billion (31 December 2008)
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, ceramic, tea, salt, sugar, edible oil, soap and detergent, fabricated metal products, electricity and natural gas
7.4% (2011 est.)
country comparison to the world: 35
25.62 billion kWh (2009 est.)
country comparison to the world: 67
23.94 billion kWh (2009 est.)
country comparison to the world: 65
5,724 bbl/day (2010 est.)
country comparison to the world: 95
98,000 bbl/day (2010 est.)
country comparison to the world: 75
2,770 bbl/day (2009 est.)
country comparison to the world: 108
77,340 bbl/day (2010 est.)
country comparison to the world: 77
28 million bbl (1 January 2011 est.)
country comparison to the world: 83
19.75 billion cu m (2009 est.)
country comparison to the world: 33
20.1 billion cu m (2010 est.)
country comparison to the world: 35
0 cu m (2009 est.)
country comparison to the world: 61
0 cu m (2009 est.)
country comparison to the world: 158
195.4 billion cu m (1 January 2011 est.)
country comparison to the world: 47
-$372 million (2011 est.)
country comparison to the world: 99
$2.502 billion (2010 est.)
$23.86 billion (2011 est.)
country comparison to the world: 69
$19.24 billion (2010 est.)
garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
US 22.1%, Germany 14.1%, UK 8.5%, France 6.8%, Netherlands 6.1% (2010)
$31.75 billion (2011 est.)
country comparison to the world: 62
$24.72 billion (2010 est.)
machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement
China 18.9%, India 12.7%, Singapore 6%, Malaysia 4.7%, Japan 4% (2010)
$10.98 billion (31 December 2011 est.)
country comparison to the world: 72
$11.18 billion (31 December 2010 est.)
$24.93 billion (31 December 2011 est.)
country comparison to the world: 74
$24.6 billion (31 December 2010 est.)
$7.216 billion (31 December 2011 est.)
country comparison to the world: 84
$6.107 billion (31 December 2010 est.)
$94.2 million (31 December 2011 est.)
country comparison to the world: 81
$91.2 million (31 December 2010 est.)
taka (BDT) per US dollar -
73.7 (2011 est.)
69.65 (2010 est.)
69.04 (2009)
68.554 (2008)
69.893 (2007)
1 July - 30 June