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.

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 July of 2020. source: Bangladesh Bank

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 11055.14 10224.38 11055.14 2372.59 BDT Billion [+]
Gross National Product 11550.46 10690.64 11550.46 2483.46 BDT Billion [+]
Gross Fixed Capital Formation 8005.33 7043.96 8005.33 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 10739.10 10468.80 10739.10 7017.10 BDT Million [+]
GDP From Construction 8068.14 7359.50 8068.14 2982.50 BDT Million [+]
GDP From Manufacturing 25730.30 22427.00 25730.30 7383.40 BDT Million [+]
GDP From Mining 1876.60 1747.40 1876.60 700.90 BDT Million [+]
GDP From Public Administration 3881.40 3646.30 3881.40 1408.90 BDT Million [+]
GDP From Services 147461.80 136914.00 147461.80 62352.00 BDT Million [+]
GDP From Transport 11671.90 10920.80 11671.90 4649.70 BDT Million [+]
GDP From Utilities 166844.00 150890.00 166844.00 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.