Countries
Bangladesh
Key Economic Indicators
$1.67 trillion
$9,647
4.22%
10.47%
3.78%
$450.119 billion (2024 est.)
33.3% of GDP (2016 est.)
$1.43 billion
Economic Overview
one of the fastest growing emerging market economies; strong economic rebound following COVID-19; significant poverty reduction; exports dominated by textile industry; weakened exports and remittances resulted in declining foreign exchange reserves and 2022 IMF loan request
All Economic Data
Agricultural products
rice, milk, potatoes, maize, sugarcane, onions, jute, vegetables, mangoes/guavas, tropical fruits (2023)
note:
<b>note:</b> top ten agricultural products based on tonnage
Average household expenditures
On alcohol and tobacco:
2.1% of household expenditures (2023 est.)
On food:
52.8% of household expenditures (2023 est.)
Budget
Expenditures:
$51.558 billion (2021 est.)
Note:
<b>note:</b> central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Revenues:
$39.849 billion (2021 est.)
Currency
code:
BDT
name:
Bangladeshi taka (BDT) [৳]
Current account balance
$1.43 billion
Current account balance 2022:
-$14.438 billion (2022 est.)
Current account balance 2023:
$4.388 billion (2023 est.)
Current account balance 2024:
$1.87 billion (2024 est.)
Note:
<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$104.49 billion
Debt - external 2023:
$58.02 billion (2023 est.)
Note:
<b>note:</b> present value of external debt in current US dollars
Exchange rates
Currency:
taka (BDT) per US dollar -
Exchange rates 2020:
84.871 (2020 est.)
Exchange rates 2021:
85.084 (2021 est.)
Exchange rates 2022:
91.745 (2022 est.)
Exchange rates 2023:
106.309 (2023 est.)
Exchange rates 2024:
115.604 (2024 est.)
Exports
$47.09 billion
Exports 2022:
$60.066 billion (2022 est.)
Exports 2023:
$58.885 billion (2023 est.)
Exports 2024:
$53.848 billion (2024 est.)
Note:
<b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
garments, footwear, fabric, textiles, trunks and cases (2023)
note:
<b>note:</b> top five export commodities based on value in dollars
Exports - partners
USA 16%, Germany 15%, UK 8%, Spain 7%, Poland 6% (2023)
note:
<b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows:
$1.31 billion
GDP - composition, by end use
Exports of goods and services:
10.5% (2024 est.)
Government consumption:
5.9% (2024 est.)
Household consumption:
70.1% (2024 est.)
Imports of goods and services:
-16.3% (2024 est.)
Investment in fixed capital:
30.7% (2024 est.)
Investment in inventories:
0% (2024 est.)
Note:
<strong>note:</strong> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
Agriculture:
11.2% (2024 est.)
Industry:
34.1% (2024 est.)
Note:
<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services:
51.4% (2024 est.)
GDP (official exchange rate)
$450.119 billion (2024 est.)
note:
<b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$2,593
Gini Index coefficient - distribution of family income
32.4 (2016)
Gini Index coefficient - distribution of family income 2022:
33.4 (2022 est.)
Note:
<b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$469.5 billion
GNI per capita
$2,820
Gross domestic investment
31 % of GDP
Household income or consumption by percentage share
Highest 10%:
27.4% (2022 est.)
Lowest 10%:
3.5% (2022 est.)
Note:
<b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
$73.45 billion
Imports 2022:
$93.635 billion (2022 est.)
Imports 2023:
$73.172 billion (2023 est.)
Imports 2024:
$74.96 billion (2024 est.)
Note:
<b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, cotton fabric, natural gas, cotton, fabric (2023)
note:
<b>note:</b> top five import commodities based on value in dollars
Imports - partners
China 34%, India 17%, Indonesia 5%, Singapore 5%, Malaysia 4% (2023)
note:
<b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
3.5% (2024 est.)
note:
<b>note:</b> annual % change in industrial value added based on constant local currency
Industries
cotton, textiles and clothing, jute, tea, paper, cement, fertilizer, sugar, light engineering
Inflation rate (consumer prices)
10.47%
Inflation rate (consumer prices) 2022:
7.7% (2022 est.)
Inflation rate (consumer prices) 2023:
9.9% (2023 est.)
Inflation rate (consumer prices) 2024:
10.5% (2024 est.)
Note:
<b>note:</b> annual % change based on consumer prices
Labor force
77.355 million (2024 est.)
note:
<b>note:</b> number of people ages 15 or older who are employed or seeking work
total:
74.74 million persons
Labor force - by occupation
agriculture:
44.26%
industry:
18.03%
services:
37.71%
Population below poverty line
18.7% (2022 est.)
note:
<b>note:</b> % of population with income below national poverty line
Public debt
Public debt 2016:
33.3% of GDP (2016 est.)
Real GDP (purchasing power parity)
$1.67 trillion
Note:
<b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022:
$1.336 trillion (2022 est.)
Real GDP (purchasing power parity) 2023:
$1.413 trillion (2023 est.)
Real GDP (purchasing power parity) 2024:
$1.473 trillion (2024 est.)
Real GDP growth rate
4.22%
Note:
<b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022:
7.1% (2022 est.)
Real GDP growth rate 2023:
5.8% (2023 est.)
Real GDP growth rate 2024:
4.2% (2024 est.)
Real GDP per capita
$9,647
Note:
<b>note:</b> data in 2021 dollars
Real GDP per capita 2022:
$7,900 (2022 est.)
Real GDP per capita 2023:
$8,200 (2023 est.)
Real GDP per capita 2024:
$8,500 (2024 est.)
Remittances
$27.52 billion
Note:
<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2022:
4.7% of GDP (2022 est.)
Remittances 2023:
5.1% of GDP (2023 est.)
Remittances 2024:
6% of GDP (2024 est.)
Reserves of foreign exchange and gold
$21.39 billion
Note:
<b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022:
$33.747 billion (2022 est.)
Reserves of foreign exchange and gold 2023:
$21.86 billion (2023 est.)
Reserves of foreign exchange and gold 2024:
$21.395 billion (2024 est.)
Revenue (excl grants)
10 % of GDP
Tax revenue
8 % of GDP
Taxes and other revenues
7.6% (of GDP) (2021 est.)
note:
<b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
3.78%
Note:
<b>note:</b> % of labor force seeking employment
Unemployment rate 2022:
4.6% (2022 est.)
Unemployment rate 2023:
4.5% (2023 est.)
Unemployment rate 2024:
4.7% (2024 est.)
Youth unemployment rate (ages 15-24)
Female:
9.2% (2024 est.)
Male:
13.7% (2024 est.)
Note:
<b>note:</b> % of labor force ages 15-24 seeking employment
Total:
11.5% (2024 est.)
World Bank Indicators
Currency
Bulgarian lev (BGN) (2025)
Exports (US$)
$63.89B (2024)
External Debt
$47.21B (2022)
FDI Net Inflows (US$)
$3.55B (2024)
GDP Growth (%)
3.39 (2024)
Gdp Nominal
$113.34B (2024)
GDP Per Capita
17,596 (2024)
Gini Index
41.30 (2018)
Imports (US$)
$61.04B (2024)
Inflation Rate (%)
2.45 (2024)
Languages
Bulgarian (2025)
Reserves
$43.70B (2024)
Unemployment Rate (%)
4.20 (2024)
Youth Unemployment
12.49 (2024)
Economic Rankings
External Debt
#19
GDP (PPP)
#24
GDP (Nominal)
#34
GDP Growth Rate
#46
Imports
#48
Reserves
#55
Exports
#62
Inflation Rate
#67
Unemployment Rate
#111
Gini Index
#129
GDP per Capita
#131
Quick Facts
Industries
cotton, textiles and clothing, jute, tea, paper, cement, fertilizer, sugar, light engineering
Agricultural products
rice, milk, potatoes, maize, sugarcane, onions, jute, vegetables, mangoes/guavas, tropical fruits (2023)
Labor force
77.355 million (2024 est.)
Exports - partners
USA 16%, Germany 15%, UK 8%, Spain 7%, Poland 6% (2023)
Imports - partners
China 34%, India 17%, Indonesia 5%, Singapore 5%, Malaysia 4% (2023)
Exchange rates
taka (BDT) per US dollar -
Explore More
Our Partners
Trusted partner applications powering global data and insights