20.2.3

Bangladesh's Economy

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Economic Resources

The rate of economic growth in Bangladesh has averaged at 6% every year since 1996.

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GDP

  • Since 2013, Bangladesh’s GDP per capita has been on the increase.
    • It has risen from $956 to $1545 in 2017.
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Economic growth

  • The rate of economic growth has averaged at 6% every year since 1996.
    • The service sector has been contributing towards 50% of GDP.
  • Alongside the service sector, agriculture is key to supporting the country’s economic growth.
    • Rice is one of the main export products.
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Exports

  • Other key exports include:
    • Tea, potatoes, tobacco and fruit.
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Natural resources

  • The country has numerous natural resources including:
    • Natural gas, oil, petroleum and timber.
  • In terms of natural gas production, Bangladesh is the 7th largest producer in Asia.

Jump to other topics

1Geography Skills

2Geology of the UK

3Geography of the World

4Development

5Weather & Climate

6The World of Work

7Natural Resources

8Rivers

9Coasts

10Glaciers

11Tectonics

12Climate Change

13Global Population & Inequality

14Urbanisation

15Ecosystems

16Life in an Emerging Country

17Analysis of Africa

18Analysis of India

19Analysis of the Middle East

20Analysis of Bangladesh

21Analysis of Russia

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