The Gross Domestic Product (GDP) in Bangladesh expanded 7.11 percent in 2016 from the previous year. This indicator has been discontinued and replaced by Bangladesh GDP Annual Growth Rate. source: Bangladesh Bank

GDP Growth Rate in Bangladesh averaged 5.69 percent from 1994 until 2016, reaching an all time high of 7.11 percent in 2016 and a record low of 4.08 percent in 1994. This page provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bangladesh GDP Growth Rate - values, historical data and charts - was last updated on February of 2021.

GDP Growth Rate in Bangladesh is expected to reach 1.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bangladesh GDP Growth Rate is projected to trend around 8.50 percent in 2021 and 7.50 percent in 2022, according to our econometric models.

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Bangladesh GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.20 7.90 8.20 4.08 1994 - 2019 percent Yearly

Bangladesh GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 8.20 7.90 8.20 4.08 percent [+]
GDP 302.57 274.04 302.57 4.27 USD Billion [+]
GDP Constant Prices 11637.40 11055.14 11637.40 2372.59 BDT Billion [+]
Gross National Product 12195.25 11550.46 12195.25 2483.46 BDT Billion [+]
Gross Fixed Capital Formation 8879.88 8005.33 8879.88 2511.29 BDT Million [+]
GDP per capita 1287.80 1203.20 1287.80 322.30 USD [+]
GDP per capita PPP 4753.70 4441.40 4753.70 1517.70 USD [+]
GDP From Agriculture 11023.20 10799.10 11023.20 7017.10 BDT Million [+]
GDP From Construction 8849.20 8113.90 8849.20 2982.50 BDT Million [+]
GDP From Manufacturing 27106.70 25611.80 27106.70 7383.40 BDT Million [+]
GDP From Mining 1931.10 1850.10 1931.10 700.90 BDT Million [+]
GDP From Public Administration 4113.10 3879.50 4113.10 1408.90 BDT Million [+]
GDP From Services 155496.00 148058.00 155496.00 62352.00 BDT Million [+]
GDP From Transport 12430.00 11705.60 12430.00 4649.70 BDT Million [+]
GDP From Utilities 175530.00 165350.00 175530.00 69975.00 BDT Million [+]


Bangladesh GDP Growth Rate
Bangladesh is considered as a developing economy. Yet, almost one-third of Bangladesh’s 150m people live in extreme poverty. In the last decade, the country has recorded GDP growth rates above 5 percent due to development of microcredit and garment industry. Although three fifths of Bangladeshis are employed in the agriculture sector, three quarters of exports revenues come from producing ready-made garments. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms.