Economic Trivia

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.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): China, United States, and India
Top 3 Exported Goods (2015): Apparel: Non Knit, Apparel: Knit, and Textile Articles

Top Industries Source: CIA World Factbook

Jute; Cotton; Garments; Paper

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,099,767,213,459 (2021)
GDP Growth Rate (annual %) 6.939% (2021)
GDP Per Capita, PPP (current international) $6,494 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 27/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.546% (2021)
External debt stocks, total (DOD, current US$) $91,429,305,072 (2021)
Total tax rate (% of commercial profits) 33.4% (2019)
Real Interest Rate (5 year average %) 3.076% (2021)
Manufacturing, value added (% of GDP) 21.236% (2021)
Current Account Balance (BoP, current US$) ($15,563,232,438) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 70,961,067 (2021)
Employment in Agriculture (% of total employment) 37.748% (2020)
Employment in Industry (% of total employment) 21.646% (2020)
Employment in Services (% of total employment) 40.606% (2020)
Unemployment Rate 5.229% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $71,019,901,847 (2021)
Exports of goods and services (current US$) $44,385,410,501 (2021)
Total Merchandise Trade (% of GDP) 29.95% (2021)
FDI, net inflows (BoP, current US$) $1,388,504,953 (2021)
Commercial Service Exports (current US$) $4,869,655,620 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bangladesh’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank