The Gross Domestic Product (GDP) in Bangladesh expanded 8.2 percent in 2019 fiscal year from the previous year. Industry grew 12.3 percent (vs 12.1 percent in 2018) with manufacturing surging 14.2 percent (vs 13.4 percent in 2018) while services advanced 6.8 percent (vs 6.4 percent in 2018). Meantime, agriculture growth slowed to 3.9 percent (vs 4.2 percent in 2018).

GDP Annual Growth Rate in Bangladesh averaged 5.94 percent from 1994 until 2019, reaching an all time high of 8.20 percent in 2019 and a record low of 4.08 percent in 1994. This page provides - Bangladesh GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bangladesh GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2020. source: Bangladesh Bank

GDP Annual 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 Annual 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 Annual 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 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 Annual Growth Rate
In Bangladesh, services are the biggest sector of the economy and account for 52 percent of total GDP. Within services the most important segments are: wholesale retail and trade; transport, storage and communication and real estate, renting and business activities (7 percent). Industry accounts for almost 34 percent of GDP with manufacturing and construction being the most important. The remaining 14 percent is contributed by agriculture and forestry and fishing.