Bangladesh

Bangladesh slipped 2 places to 38th, now behind Colombia and just ahead of Romania, as US$ GDP rose only +1.4% to US$456.3 billion against real growth of +3.5%. It remains below its 2022 peak of US$460.1 billion. Services make up 52.1% of output and industry 34.0%, with manufacturing at 22.4% and agriculture at 11.4%. Inflation ran high at 8.8%; unemployment was 3.8% and government gross debt 42.0% of GDP.

The 2nd-largest economy in South Asia supports 175.7 million people, and GDP per capita of US$2,597 ranks 153rd of 196. Low local prices lift that 18 places on a PPP basis, to 135th at $10,154 international dollars. Since 2000, when it ranked 51st with GDP of US$53.4 billion, Bangladesh's US$ GDP has grown 8.6 times, to roughly the size of the San Jose, CA metro area. The IMF projects a +38% rise to US$628.9 billion by 2030, which would place it 37th.