GDP

BNP to allocate 5% of GDP each for health and education if elected

"We have made two clear decisions: we will allocate 5 percent of GDP to health and 5 percent to education. This is our commitment," Chowdhury said.

Economy grows by 3.78% in Oct-Dec, slowest in three quarters

The Bangladesh Bureau of Statistics says in quarterly GDP estimate

Bancassurance: a win-win solution for Bangladesh

With a gross domestic product growth rate of nearly 5.8 percent in 2023, Bangladesh is one of the fastest-growing economies in the world. Driving Bangladesh’s prospects is our extremely active domestic consumer market, which accounts for nearly 70 percent of GDP and is rapidly expanding on the back of a growing middle and affluent class. Fuelling this growth is a digital economy that is also expanding rapidly.

Bangladesh’s economic growth to slow to 5.6% in FY24: World Bank

The World Bank has forecasted a slow economic growth for Bangladesh because of factors like inflation

The growing importance of Bangladesh in the Indo-Pacific

In its foreign policy and international relations, the country has always advanced a free and open Indo-Pacific.

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

High time to reduce demand, tackle inflation head-on

The government should target reducing demand through ensuring market-based interest and exchange rates as well as cutting allocation for infrastructure projects to rein in inflation and protect the foreign currency reserves, said economists yesterday.

Bangladesh’s revenue-GDP ratio way lower than peers

Bangladesh’s revenue-GDP ratio is a third of the median seen in the countries that have the same credit rating, highlighting the country’s weak capacity to finance development and support growth, according to American credit ratings agency Fitch Ratings.   

Public expenditure stays at lower level

Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.  

May 9, 2022
May 9, 2022

Should Bangladesh worry about debt servicing?

Debt servicing has become a rising concern for developing countries in recent times.

April 28, 2022
April 28, 2022

Bangladesh, India, Pakistan could lose 10-18% GDP output due to climate change

Bangladesh, India, Pakistan and Sri Lanka’s exposure to wildfires, floods, major storms and also water shortages mean South Asia has 10-18% of GDP at risk – roughly triple that of North America and 10 times more than the least-affected region, Europe.

April 27, 2022
April 27, 2022

Bangladesh, Pakistan and Sri Lanka: A Comparative Anatomy

South Asia has been one of the fastest growing regions in the modern world, driven mostly by India, Bangladesh, Sri Lanka, and Pakistan.

April 21, 2022
April 21, 2022

Digital payments can add Tk 50,058 cr to GDP a year: Study

Digital payments can boost Bangladesh’s gross domestic product by 1.7 per cent a year, an addition of $6.2 billion annually to the economy, according to a new report.

April 16, 2019
April 16, 2019

Bangladesh in the post-industrial world

Bangladesh's economic performance over the last decade has garnered praise from the international community. Multilateral

April 11, 2019
April 11, 2019

Research can help keep up GDP growth

Scientists and researchers have responsibilities to find out sustainable ways to maintain Bangladesh's current economic and GDP growth, Prime Minister Sheikh Hasina said yesterday.

April 9, 2019
April 9, 2019

What the rising GDP and per capita income are not telling us

On April 4, 2019, the World Bank presented its latest economic forecast that Bangladesh's economy will grow at 7.3 percent in the

December 16, 2018
December 16, 2018

Lack of good governance still a barrier

People are failing to reap the benefits of the economic growth Bangladesh has been achieving for over a decade due to lack of good governance, weakness in the regulatory bodies and structural flaws in political parties, analysts said yesterday.

December 5, 2018
December 5, 2018

Beyond GDP

Just under 10 years ago, the International Commission on the Measurement of Economic Performance and Social Progress issued its report “Mismeasuring Our Lives

March 1, 2018
March 1, 2018

Bangladesh must grow 10pc annually for 20 years: ADB chief

Bangladesh needs to clock in at least 10 percent economic growth for the next two decades if it wants to become a developed country