Fastest Growing Economy
Bangladesh, growing rapidly over a decade, is on its way to becoming the next Asian Tiger. Economic and political stability are driving its journey towards the future. Currently the 41st largest economy, Bangladesh will be the 25th largest economy by 2035.
7% average GDP growth
in last five years
$2,227 per capita GNI in
FY 2020-21, surpasses neighbors
$25 billion remittances,
6% of GDP
$44 billion in Forex reserve,
8-9 months import coverage
5.56% inflation
in FY 2020-21
Stable sovereign ratings
by Moody’s, Finch and S&P
90% businesses express high
confidence during COVID-19: survey
Connecting By Markets
Currently the world’s 7th most populated country, Bangladesh’s stable growth has raised tens of millions to middle class and affluence (MAC) status. Besides being the location for a booming domestic market, Bangladesh is also strategic hub linking India, China and the ASEAN countries.
Half of the population will
be living in urban areas by 2040
169 million+ population, 3,000 peope living per square mile
3 billion+ regional consumers
can be accessed
10.5%
annual growth in MAC population, to reach
34 million by 2025
47.61 million
access the internet
45 million
actively use social media
Young And Energetic Workforce
Bangladesh is powered by a rising young population. Young Bangladeshis are fuelling a sharp rise in the labor force and supporting industrialization and consumption.
45% of its population
is aged below 24 years
70% is aged below 40
2.3 million young professionals
enter workforce every year
74.70% literacy rate,
global average 86.3%
Flexible cost of labor
1000+ domestic companies with proposed investment worth $4.85 billion
Building Empowering Infrastructure
Bangladesh has implemented mega projects to accelerate the growth of industries and to take full advantage of its strategic location.
580 km coastline with 90% international trade done via Chittagong and Mongla ports
10 active land ports
linking various states of neighboring India
Deep-sea ports – Matarbari and Payra Ports to be completed by 2025
3 international and 5 domestic airports
22,418 km of highways and extensive network of good quality roads
2,955 km of railways connecting eastern Bangladesh extensively
3 Asian highways– AH1, AH2 and AH41 connecting India & Myanmar
Part of regional highway corridors like SASEC, BIMSTEC and SAARC