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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 2021 was at about 12.259 USD per capita. GDP in Bangladesh, on the other hand, reached USD 2.503 per capita, or 416.26 billion USD in the whole country. Bangladesh is therefore currently ranked 32 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 123.
Inflation in Bangladesh was in 2021 at around 5.55%. Within the EU, the average in the same year was 2.55%. 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

Overall, the gross domestic product in Bangladesh in 2020 increased from 351.24 billion US Dollar to 373.90 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 6.5 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 2021

 Bangladesh
Total
Bangladesh
per capita
EU
Total
EU
per capita
GDP416.26 bn USD2,503.04 USD17.09 tn USD33,228.68 USD
Gross national product435.53 bn USD2,618.89 USD16.78 tn USD32,621.03 USD

Development of the Gross domestic product in billion US Dollar 1960 - 2021



Im- and Exports 2021

 Bangladesh
Total
Bangladesh
per capita
EU
Total
EU
per capita
Imports85.30 bn USD512.93 USD8,916.24 bn USD17,337.55 USD
Exports49.39 bn USD296.96 USD9,554.34 bn USD18,578.33 USD

Development of imports and exports in billions of USD 1976 - 2021
Exports
Imports

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