Wikipedia

Economy of Bangladesh: Difference between revisions

Browse history interactively
[accepted revision][pending revision]
← Previous editNext edit →
Content deleted Content added
VisualWikitext
m
Tags: Mobile edit Mobile web edit Advanced mobile edit
No edit summary
Tags: Reverted Visual edit Mobile edit Mobile web edit
Line 12:
| organs = [[South Asian Free Trade Area|SAFTA]], [[South Asian Association for Regional Cooperation|SAARC]], [[BIMSTEC]], [[World Trade Organization|WTO]], [[Asian Infrastructure Investment Bank|AIIB]], [[International Monetary Fund|IMF]], [[Commonwealth of Nations]], [[World Bank]], [[Asian Development Bank|ADB]], [[Developing-8]]
| group = {{plainlist|
* [[DevelopingLeast developed country|Developing/Emerging]]<ref>{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weoselco.aspx?g=2200&sg=All+countries+%2f+Emerging+market+and+developing+economies |title=World Economic Outlook Database, April 2019 |website=[[International Monetary Fund]] |access-date=29 September 2019}}</ref>
* [[List of countries by GNI (nominal) per capita#Lower-middle-income group|Lower-middle income economy]]<ref>{{cite web |url=https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups |title=World Bank Country and Lending Groups |publisher=World Bank |access-date=29 September 2019}}</ref>}}
| population = 169165,800000,000 (20222024)<ref name="populationcensus2022">{{cite web |title=Population & Housing Census 2022: Post Enumeration Check (PEC) Adjusted Population |url=https://bbs.portal.gov.bd/sites/default/files/files/bbs.portal.gov.bd/page/b343a8b4_956b_45ca_872f_4cf9b2f1a6e0/2023-04-18-08-42-4f13d316f798b9e5fd3a4c61eae4bfef.pdf |website=Bangladesh Bureau of Statistics |date=April 2023}}</ref>
| gdp = <!--Add Only IMF or World Bank Figures, Don't Add Unreliable Sources or Self-published Newspaper Reports-->
{{plainlist|
* {{increasedecrease}} $455252 billion (nominal; 2024)<ref name="IMFWEO">{{Cite web |title=World Economic Outlook Database, April 2024 |url=https://www.imf.org/imf/weodatabase/downloadreport?c=513,&s=NGDPD,PPPGDP,NGDPDPC,PPPPC,&sy=2022&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1&wsid=c27079bf-4400-4e38-846f-1a26c96d416d |access-date=April 16, 2024 |website=[[International Monetary Fund]]}}</ref>
* {{increasedecrease}} $1.61901 trillion ([[Purchasing power parity|PPP]]; 2024)<ref name="IMFWEO"/>}}
| gdp rank = <!--Add Only IMF or World Bank Figures, Don't Add Unreliable Resources or Selfpublished Newspaper Reports-->
{{plainlist|
* [[List of countries by GDP (nominal)|35th55th (nominal; 2024)]]
* [[List of countries by GDP (PPP)|25th34th (PPP; 2024)]]}}
| growth = {{plainlist|
* {{Increase}} 6.0% (2023)<ref name="IMFWEO-202404">{{Cite report |title=WORLD ECONOMIC OUTLOOK Steady but Slow: Resilience amid Divergence |url=https://www.imf.org/-/media/Files/Publications/WEO/2024/April/English/text.ashx |page=142 |access-date=April 16, 2024 |website=[[International Monetary Fund]]}}</ref>
* {{Increase}} 52.70% (2024f)<ref name="IMFWEO-202404" />
* {{Increase}} 6.6% (2025f)<ref name="IMFWEO-202404" />
}}
| per capita = {{plainlist|
* {{increasedecrease}} $21,646876 (nominal, 2024)<ref name="IMFWEO"/>
* {{increase}} $97,416675 (PPP, 2024)<ref name="IMFWEO"/>}}
| per capita rank = {{plainlist|
* [[List of countries by GDP (nominal) per capita|139th159th (nominal, 2024)]]
* [[List of countries by GDP (PPP) per capita|126th148th (PPP, 2024)]]}}
| sectors = {{plainlist|
* Agriculture: 12.91% <ref>{{cite web |title=Agriculture, forestry, fishing, value added (% of GDP) |url=https://data.worldbank.org/indicator/NV.AGR.TOTL.ZS?locations=BD |website=The World Bank |date=28 April 2022 |publisher=[[World Bank]] |access-date=28 April 2022}}</ref>
Line 39 ⟶ 38:
* Services: 53.40% <ref>{{cite web |title=Agriculture, forestry, fishing, value added (% of GDP) |url=https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS?locations=BD |website=The World Bank |date=28 April 2022 |publisher=[[World Bank]] |access-date=28 April 2022}}</ref>}}
(FY2020)<ref name=bbs_gdp_stat-2020>{{cite report |url=https://bbs.portal.gov.bd/sites/default/files/files/bbs.portal.gov.bd/page/057b0f3b_a9e8_4fde_b3a6_6daec3853586/2021-08-12-10-27-179b5340c788c15a44a7032a41ce1776.pdf |title=Gross Domestic Product (GDP) of Bangladesh (Final) 2019-20 |publisher=[[Bangladesh Bureau of Statistics]] (BBS)|location=Dhaka |date=18 September 2018 |edition=Final |page=2 |access-date=28 April 2022}}</ref>
| inflation = {{IncreaseNegative}} 9.8916% (January 2024)<ref>{{cite news |title=January sees resurgence in inflation following December dip |url=https://www.tbsnews.net/economy/inflation-rise-793718 |website=[[The Business Standard]] |access-date=15 February 2024 |language=en}}</ref>
| poverty = {{plainlist|
* 18.730% (2024)<ref name=bbs2022>{{cite press release |title=KEY FINDINGS HIES 2022 |url=https://bbs.portal.gov.bd/sites/default/files/files/bbs.portal.gov.bd/page/57def76a_aa3c_46e3_9f80_53732eb94a83/2023-04-13-09-35-ee41d2a35dcc47a94a595c88328458f4.pdf |pages=15, 21 |publisher=[[Bangladesh Bureau of Statistics]] |access-date=13 April 2023 |archive-date=30 May 2023 |archive-url=https://web.archive.org/web/20230530091430/https://bbs.portal.gov.bd/sites/default/files/files/bbs.portal.gov.bd/page/57def76a_aa3c_46e3_9f80_53732eb94a83/2023-04-13-09-35-ee41d2a35dcc47a94a595c88328458f4.pdf |url-status=live |language=en}}</ref>
* {{IncreaseNegative}} 5.615% living in [[extreme poverty]] (2024)<ref name=bbs2022/><br>{{small|6.5% (rural) ; 3.8% (urban)}}}}
| gini = {{increaseNegative}} 31.8 {{color|darkred|medium}} (2022)<ref name="World Bank">{{cite web |url=https://data.worldbank.org/indicator/SI.POV.GINI?locations=BD |title=Gini index - Bangladesh |publisher=Worldbank |access-date=2024-03-10}}</ref>
| hdi = {{plainlist|
* 0.661545 {{color|darkorange|medium}} (20222024)<ref>{{cite web |url=http://hdr.undp.org/en/indicators/137506 |title=Human Development Index (HDI) |website=hdr.undp.org |publisher=[[Human Development Report|HDRO (Human Development Report Office)]] [[United Nations Development Programme]] |access-date=8 September 2022}}</ref> ([[List of countries by Human Development Index|129th]])
* {{increase}} 0.503 {{color|darkred|low}} [[List of countries by inequality-adjusted HDI|IHDI]] (2021)<ref>{{cite web |title=Inequality-adjusted HDI (IHDI) |url=http://hdr.undp.org/en/indicators/138806 |publisher=[[United Nations Development Programme|UNDP]] |access-date=8 September 2022}}</ref>}}
| edbr = {{increase}} [[Ease of doing business index#Ranking|168th (below average, 2020)]]<ref>{{cite web |url=https://www.doingbusiness.org/en/rankings?region=south-asia |title=Rankings: South Asia |website=Doing Business |publisher=The World Bank}}</ref>
| labour = {{plainlist|
* 6558,000,000 (2024)
* [[Female]] 31.1%
* [[Male]] 68.9% <ref>{{cite web |url=https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=BD |title=Labor force, total - Bangladesh |publisher=World Bank |access-date=29 November 2019}}</ref>
* {{decrease}} 55.840% employment rate (20172024)<ref>{{cite web |url=https://data.worldbank.org/indicator/SL.EMP.TOTL.SP.NE.ZS?locations=BD&name_desc=false |title=Employment to population ratio, 15+, total (%) (national estimate) |publisher=World Bank |access-date=14 September 2019}}</ref>}}
| occupations = {{plainlist|
* Agriculture: 40.6%
Line 59 ⟶ 58:
* (2017 est.)<ref name=lfs_stat_2017_01>{{cite book |url=http://203.112.218.65:8008/WebTestApplication/userfiles/Image/LatestReports/LFS_2016-17.pdf |title=Report on Labour Force Survey (LFS) 2016-17|publisher=[[Bangladesh Bureau of Statistics|BBS]]|date=January 2018|page=173|isbn=978-984-519-110-4|access-date=26 July 2018}}</ref>}}
| unemployment = {{plainlist|
* {{IncreaseNegative}} 3.5320%
* (2024)<ref name="Unemployment rate in Bangladesh">{{cite book |url=https://data.worldbank.org/indicator/SL.UEM.TOTL.ZS?locations=BD |title="Unemployment, total (% of total labor force) (modeled ILO estimate) - Bangladesh by World Bank 2021"}}</ref>}}
| industries = {{hlist| [[Textile industry in Bangladesh|Textile]]s| [[pharmaceutical industry in Bangladesh|Pharmaceutical Products]] | [[Electronics industry in Bangladesh|Electronics]] | [[Shipbuilding in Bangladesh|Shipbuilding]] | [[Automotive industry in Bangladesh|Automotive]] | [[Bicycle]] | [[Leather industry in Bangladesh|Leather]] |[[Jute]] | [[Glass]] | [[Paper]] | [[Plastic]] | [[Food]] and [[Beverages]]| [[Cement]] | [[Tea]] | [[Rice]] | [[Natural gas and petroleum in Bangladesh|Natural Gas and Crude Petroleum]] | [[Iron]] and [[Steel]]}}
| exports = {{plainlist|
* $6026.5 billion {{small|(2024)}}<ref>{{Cite web |url=https://www.dhakatribune.com/business/2023/07/03/bangladesh-fetches-5555bn-export-earnings-in-fy23 |title=Bangladesh earns a record $55.55bn from exports in FY23 |access-date=2023-07-03 |website=[[Dhaka Tribune]] |last=Hossain |first=Saddam}}</ref><ref>{{Cite web |url=https://www.tbsnews.net/economy/export-earnings-reach-5555-billion-fiscal-year-659306 |title=Exports grow 6.67% in FY23 – solely riding on RMG |access-date=2023-07-03 |website=[[The Business Standard]]|date=3 July 2023 }}</ref><ref>{{Cite web |url=https://thefinancialexpress.com.bd/economy/govt-sets-sights-high-on-72b-earnings |title=Govt sets sights high on $72b earnings |access-date=2023-07-13 |website=[[The Financial Express (Bangladesh)|The Financial Express]]}}</ref><ref>{{cite web |url= http://www.china.org.cn/world/Off_the_Wire/2024-01/03/content_116918007.htm#:~:text=DHAKA%2C%20Jan.%203%20%28Xinhua%29%20--%20Bangladesh%27s%20total%20exports,U.S.%20dollars%2C%20according%20to%20the%20latest%20official%20data.|title=Bangladesh earns 27.54 bln USD from exports in first half of 2023-24 fiscal year |website=[[China.org.om]] |access-date=January 3, 2024}}</ref>
}}
| export-goods = Cotton textiles and knitwear,<ref name="oec.world">{{cite web | url=https://oec.world/en/profile/country/bgd | title=Bangladesh (BGD) Exports, Imports, and Trade Partners &#124; OEC }}</ref><ref name="businessinspection.com.bd">[https://businessinspection.com.bd/most-exported-products-of-bd/ Most Exported Products of Bangladesh]</ref> jute and jute goods,<ref name="oec.world"/><ref name=businessinspection.com.bd/> fish and seafood,<ref name=businessinspection.com.bd/> leather and leather goods, home textiles,
Line 69 ⟶ 68:
| export-partners = {{ublist| {{flag|Germany}}(+) 16%| {{flag|United States}}(+) 15.2%| {{flag|United Kingdom}}(+) 7.41%| {{flag|Spain}}(+) 7.17%| {{flag|Poland}}(+) 5.552%| {{flag|France}}(+) 4.2%| {{flag|Netherlands}}(+) 3.55%| {{flag|Italy}}(+) 3.36% (2020)<ref name="OEC">{{cite web |title=Bangladesh (BGD) Exports, Imports, and Trade Partners {{!}} OEC |url=https://oec.world/en/profile/country/bgd?yearSelector1=exportGrowthYear26&yearlyTradeFlowSelector=flow0 |website=OEC - The Observatory of Economic Complexity |access-date=18 March 2023 |language=en}}</ref><ref name="epb_stat_2021-22">{{cite web |url=http://epb.gov.bd/site/view/epb_export_data/- |title=Report: Cumulative Region-wise Data |publisher=[[Export Promotion Bureau, Bangladesh|EPB]] |access-date=20 July 2022}}</ref>}}
| imports = {{plainlist|
* $7023.1 billion {{small|(2024)}}<ref>{{Cite web |url=https://bdnews24.com/economy/vs9q371jik |title=Bangladesh trade deficit hits widest at $33.24 billion in FY22 |date=2022-08-01 |access-date=2022-08-02 |website=[[Bdnews24.com]] |last=Abu Taleb |first=Sheikh}}</ref>}}
| import-goods = Liquified natural gas, crude oil and petroleum, machinery and equipment, chemicals, cotton, foodstuffs
| import-partners = {{ublist| {{flag|China}}(+) 21.5%| {{flag|India}}(+) 12.2%| {{flag|Singapore}}(+) 9.2%| {{flag|European Union}}(+) 6.2%| {{flag|Hong Kong}}(+) 5.5%| Other 45.3%<ref name="wto_stat">{{cite web |url=http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Country=BD&Language=F |title=Trade Profiles: Bangladesh |publisher=[[WTO]] |access-date=9 February 2018 |archive-date=10 February 2018 |archive-url=https://web.archive.org/web/20180210002300/http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Country=BD&Language=F |url-status=dead }}</ref> }}
Line 83 ⟶ 82:
* {{IncreaseNegative}} $110 billion
* (F.Y. 2024)<ref>{{cite web |url=https://www.tbsnews.net/economy/bangladeshs-foreign-debt-more-triples-10-years-547358|title=Bangladesh's foreign debt more than triples in 10 years |website=[[The Business Standard]] |date=7 December 2022 |access-date=2022-12-07}}</ref>}}
| debt = {{increasenegative}} 40.766% of GDP (November 20212024)<ref>{{cite web |title=There's still space for raising public debt |url=https://www.thedailystar.net/business/economy/news/theres-still-space-raising-public-debt-2907681|website=The Daily Star |date=2 December 2021|access-date=2 December 2021 |language=en}}</ref>
| revenue = {{increase}} {{BDTConvert|433000|c}} {{small|(2022-2023)}}<ref name="TBS All Stories">{{Cite web |url=https://www.tbsnews.net/economy/budget/fy2022-23-budget-glance-436406 |title=FY2022-23 budget at a glance |date=2022-06-09 |access-date=2022-07-03 |website=www.tbsnews.net}}</ref>
| expenses = {{increase}} {{BDTConvert|678064|c}} {{small|(2022-2023)}}<ref name="TBS All Stories"/>
Line 102 ⟶ 101:
* BB−
* Outlook: Negative}}
| reserves = {{Decrease}} $205.4 billion (2024)<ref>{{cite web |title= Forex reserve dips to $20.38b again
|url=https://www.newagebd.net/article/222418/forex-reserve-dips-to-2038b-again#google_vignette |website= New Age|access-date=9 January 2024 |language=en}}</ref> ([[List of countries by foreign-exchange reserves|63rd133rd]])
| aid =
| cianame = Bangladesh
Retrieved from "https://en.wikipedia.org/wiki/Economy_of_Bangladesh"