Worlddata.info

Indicators of economy in Bangladesh

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.912 US Dollar per capita. In contrast, the GDP in Bangladesh reached 1.962 US dollars per inhabitant, or 323.06 bn US Dollar in the whole country. Bangladesh is therefore currently ranked 39 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Bangladesh is in the list of the world's richest countries in place 142.

Inflation in Bangladesh was in 2021 at around 5.55%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 61.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Bangladesh

Impact of the Covid-19 pandemic in 2020

Overall, the gross domestic product in Bangladesh in 2020 increased from 302.57 billion US Dollar to 323.06 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 6.8 percent increase has been rather unusual this year. While most countries have suffered significant losses, Bangladesh has certainly held its own. The tourism sector alone slumped by around 44 percent. The unemployment rate rose from 4.4 to 5.4 percent. The consumer inflation rate has risen from 5.6% previously to 5.7% now.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Bangladesh
Total
Bangladesh
per capita
EU
Total
EU
per capita
GDP323.06 bn USD1,961.61 USD15,291.93 tn USD29,710.69 USD
Gross national product333.83 bn USD2,027.01 USD15,330.84 tn USD29,786.28 USD


The largest company in Bangladesh is Fareast Islami Life Insurance Company with a market capitalization of 34.00 bn Dollar. It is the only company in the country to be included in the Forbes Global 2000 list in 2021. This independent list annually publishes the 2000 largest companies worldwide, with Fareast Islami Life Insurance Company Bank ranking 1857th last year.

Development of the Gross domestic product in billion US Dollar 1960 - 2020



Im- and Exports 2021

 Bangladesh
Total
Bangladesh
per capita
EU
Total
EU
per capita
Imports57.26 bn USD347.66 USD7,340.01 bn USD14,260.90 USD
Exports38.78 bn USD235.45 USD7,939.04 bn USD15,424.75 USD


Development of imports and exports in billion US dollars 1976 - 2021

Exports
Imports



Bangladesh: AirportsLargest airports and airlines in BangladeshThe 8 biggest airports and 4 airlines in Bangladesh with further information and data
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.
Netherlands: Public HolidaysPublic holidays in the Netherlands 2022-2026Statutory and inofficial holidays in the Netherlands for 2022 to 2026