Editor's Note

Bangladesh: Leading towards Tailwinds & Headwinds of Economy

To the east of India on the Bay of Bengal, Bangladesh, officially the People's Republic of Bangladesh is a South Asian country marked by lush greenery and many waterways. The country has had a remarkable story of growth and development through poverty risks and instability. To be exact, driven by consumer optimism, innovation in emerging economic sectors and a young engaged workforce, Bangladesh is on course to becoming a $1 trillion economy by 2040, according to Boston Consulting Group.

The economy of Bangladesh is $460.75 billion (nominal) as of 2022 estimates. Even though Agricultural sector is still the largest employer in Bangladesh, accounting for 37.6 percent of the total work force and 13.1 percent of the GDP, there are other industry sectors as well, including Textiles (Cotton & jute) & Garments, FMCG (tea processing, sugar), Shipbuilding, Tourism,...  >>More