Bangladesh GDP Growth Rate
The Gross Domestic Product (GDP) in Bangladesh expanded 6.01 percent in 2013 from the previous year. GDP Growth Rate in Bangladesh averaged 5.62 Percent from 1994 until 2013, reaching an all time high of 6.71 Percent in 2011 and a record low of 4.08 Percent in 1994. GDP Growth Rate in Bangladesh is reported by the Bangladesh Bank.
||1994 - 2013
Bangladesh is considered as a developing economy. Yet, almost one-third of Bangladesh’s 150m people live in extreme poverty. In the last decade, the country has recorded GDP growth rates above 5 percent due to development of microcredit and garment industry. Although three fifths of Bangladeshis are employed in the agriculture sector, three quarters of exports revenues come from producing ready-made garments. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. This page provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.