Overview of the Economy

The Economy of Bangladesh is characterised as a developing market economy

It is the 41st largest in the world in nominal terms or at current prices, and 30th largest by purchasing power parity, international dollars at current prices. It is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest-growing economy with a real GDP or GDP at constant prices annual growth rate of 8.3%. Dhaka and Chattogram are the principal financial centres of the country, being home to the Dhaka Stock Exchange and the Chattogram Stock Exchange. The financial sector of Bangladesh is the second largest in the Indian subcontinent. Bangladesh is one of the fastest growing economies in the world and South Asia.

Yearly Real Gross Domestic Product (GDP)
Amount of Overseas Employment across Skill Level

Overseas employment, which remains one of the main sources of foreign remittance of the country has relied mostly on the export of low-skilled labor. However, in recent years, the employment of both skilled and semi-skilled labor has increased where skilled labor has surpassed the low-skilled category. This is a welcoming development, which will increase both the inward remittance flow as well as further export of higher-skilled labor overseas.

Inflation Rate

GDP Composition