Economy of BangladeshBasic InformationCurrency : Taka (Tk.)
GDP at Current Price : Tk. 6149.43 billion (US$ 89.04 billion)
Annual per capital GDP : US$ 621
GDP growth rate at (1995/96) constant price : 5.88 per cent
Agricultural growth rate at constant price : 4.81 per cent
Industrial/Mfg growth rate (% of GDP) : 5.92 per cent
Large & Medium scale Industry : 5.65 percent
Small scale Industry : 6.59 percent
Service sector growth rate of GDP at current price: 49.67 per cent
Inflation rate (12 month average) : 7.69 per cent
Domestic savings rate of GDP: 20.00 per cent
National savings rate of GDP: 32.40 per cent
Investment rate of GDP: 24.20 per cent
Exports (2008-09): US$ 12,816.11mn (July to March)
Imports (2008-09): US$ 19,209.10 mn (July to March)
Trade Deficit : US$ 6,392.99 mn
Foreign Exchange Reserve : US$ 6,562.93 mn
Remittances : US$ 8,770.16mn
Foreign Investment
Direct : US$ 900 mn (July to Apr)
Portfolio : US$ -123 mn (July to Apr)
Bank rate : 5.0 per cent
Broad Money (M2) : 281,902.00 Tk.crores
Total No. of Limited Co.
Public Limited Co : 35,000
Private Limited Co. : 23,000
Principle Industries :
Garments, Pharmaceuticals, Textiles, Paper, Manufacturing, Newsprint, Fertilizer, Leather and Leather goods, Sugar, Cement, Fish processinf, Steel & Chemical industries etc.
Major export items :
Garments, Tea, Jute, Frozen shrimos, Leather products, Newsprint, pepar, Naphtha, Urea, etc.
Principle imports :
Fuel, Rice, Wheat, Cotton & Textile, Petroleum products, Fertilizer, Staple fibers, yarn etc.
The Country : The People's Republic of Bangladesh.
Geographical location :
South Asia; between 20º 34² and 26º 38² northlatitude and between 88º 01² and 92º 41² east longitude; consists of flat fertile alluvial land.
Boundaries :
North - India (West Bengal and Meghalaya)
West - India (West Bengal)
East- India (Tripura & Assam) & Mayanmar
South - Bay of Bangal.
Area : 147,570 square km. (Territorial water -12 nautical miles).
Capital City : Dhaka Metropolitan Area (1528 sq. km.)
Standard time : GMT+ 7 hours.
Climate : Sub-tropical monsoon
Winter (November- February) temperature average maximum 29º C, average minimum 11º C ; Summer (March-June) temperature : average minimum 32º C, average minimum 21º C ; Monsoon (July-October).
Rainfall : 1194 mm to 3454 mm (average during monsoon, June-August).
Humidity : Highest :99 percent (July), Lowest :36 percent (December and January).
Population : 144.50 Million (1st July 2008 (P))
Population Growth Rate : 1.39 percent
Population Density : 979 Person per sq km
Total fertility rate : 2.74 Children born/woman (2009 est.)
Life expectancy : 66.7 years
Birth Rate : 24.68 (2009 est.)
Mortality rate : 8 (2008 est.)
Adult literacy rate : 48.8 Per sent (15 years +)
Language : 95 percent Bengali and 5 percent other dialect. English is widely spoken.
Religion : Muslim (88.3%), Hindu (10.5%), Buddhist (0.6%) Christian (0.3%), & Animists and believers in tribal faiths (0.3%).
Food : Rice, Vegetables, pulses, fish and meat.
Mineral resources: Natural gas, Limestone, Hard rock, Coal, Lignite, Silica sand, White clay, Radio active Sand etc.
(There is a strong possibility of oil deposit)
Human resources: A substantial manpower reserve, trained from 21 Public Government and technical Universities along with 52 Private Universities & a strong media.
Skilled : Engineers, Technicians, Physicians, Economists, Accountants, Administrative and Managerial personnel, Abundance of low cost, easily trained and adaptable, hardworking, Intelligent and Youthful labor force.
(Source: Bangladesh Bureau of Statistics, Economic Trends of Bangladesh Bank, Bangladesh Economic Review 2009, UNESCO Institute for Statistics, Data Centre, June 2007. &
www.cia.gov)
