MARKET STATISTICS
Import
$90 Billion
Total Area
147,570 km2
Export
$72 Billion
Population
175 million
GDP Per Capita
$9420
GDP Growth
7.1 %
GDP
$455.16 Billion
*According to Statista 2024

Import

$90 Billion

Total Area

147,570 km2

Export

$72 Billion

Population

175 million

GDP Per Capita

$9420

GDP Growth

7.1 %

GDP

$455.16 Billion
*According to Statista 2024

BANGLADESH

TOP 10 EMERGING ECONOMIES

In the past decade, Bangladesh has experienced considerable economic growth, making it the top ten emerging economies of the world. It has a rapidly expanding middle class, which is expected to reach 34 million by 2025.
The distribution prospect in Bangladesh is efficient because the Bangladeshi households appreciate strong value products and can be easily won over by education and brand awareness.

ECONOMIC

OVERVIEW

1 TRILION

ECONOMY BY 2040

The Bangladesh Economy is on course to emerge as a USD 1 Trillion economy by 2040 thanks to factors such as a rise in consumption, a growing young workforce, high economic resilience, digital momentum, and a fast-growing private sector. - Projection by BCG

9TH

LARGEST GLOBAL CONSUMER MARKET BY 2023

2ND

BIGGEST EXPORTER OF GARMENT

ECONOMIC

OVERVIEW

BANGLADESH TO OVERTAKE CHINA & INDIA IN GROWTH RATE

Bangladesh has outpaced Asian peers like Indonesia, Thailand, and the Philippines with annual GDP growth of 6.4% between 2016-2021. The country is expected to surpass both China and India in 2024 with a 6.5% growth.

A NEW IT HUB

IN SOUTH ASIA

ECONOMIC

OVERVIEW

1 TRILION

ECONOMY BY 2040

The Bangladesh Economy is on course to emerge as a USD 1 Trillion economy by 2040 thanks to factors such as a rise in consumption, a growing young workforce, high economic resilience, digital momentum, and a fast-growing private sector. - Projection by BCG

9TH

LARGEST GLOBAL CONSUMER MARKET BY 2023

2ND

BIGGEST EXPORTER OF GARMENT

ECONOMIC

OVERVIEW

BANGLADESH TO OVERTAKE CHINA & INDIA IN GROWTH RATE

Bangladesh has outpaced Asian peers like Indonesia, Thailand, and the Philippines with annual GDP growth of 6.4% between 2016-2021. The country is expected to surpass both China and India in 2024 with a 6.5% growth.

A NEW IT HUB

IN SOUTH ASIA

EXPERT VIEW

BLOOMBERG

EUROMONITOR

WORLD BANK

BOSTON CONSULTING GROUP (BCG)

Impressive economic growth, business-friendly reforms, and financial-market innovation set the stage for incredible investment opportunities. As Bangladesh powers towards its vision of becoming a developed country by 2041, investors have a once-in-a-lifetime opportunity to join this unmissable journey toward prosperity.

One of the 20 markets of the future that will offer the most opportunities for consumer goods companies globally.

Bangladesh has an impressive track record of growth and development. It has been among the fastest growing economies in the world over the past decade.

Bangladesh is largely untapped, even as the country continues to show signs that it can be a powerful marketplace.

THE GROWING MAC POPULATION

OF BANGLADESH

Every year

2 MILLION

BANGLADESHIS

enter the Middle & Affluent class (MAC)

The MAC population (19 Million in 2020 to 34 Million by 2025) is a strong force in the Bangladesh market for international brands as they hold a large purchasing power and tend to spend comparatively more. The higher income of the MAC population has encouraged them to trade with foreign brands. Spending on personal care items is expected to increase by 40% when a consumer enters the MAC population.

0

of the population below 25 years

will be entering the MAC household in the upcoming years.
Some common characteristics of the MAC population include traits such as brand affinity, willingness to spend more for quality, fondness for international brands, and increased spending on personal-care products.