Bangladesh's GDP changed from approximately $24B 775M in 1980 to $455B 162M in 2024, showing an overall 1737.2% sharply increased during the period.
The lowest GDP was recorded in 1983 at $23B 904M, and the highest in 2022 at $460B 201M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.8%.
For comparison, the average annual growth rate of India was 7.2%, and that of Pakistan was 5.2%.
Bangladesh GDP from 1980 to 2024
The total market value of goods and services produced annually in Bangladesh.
Overview of Bangladesh's GDP (1980–2024)
The Gross Domestic Product (GDP) of Bangladesh recorded a 1737.2% sharply increased from 1980 to 2024.
The average GDP during this period was $135B 137M, and the median was $65B 36M.
GDP fluctuated within a range of $436B 297M, with a standard deviation of $134B 703M.
The average annual change was $8B 977M.
Highest and Lowest GDP Records
- Lowest GDP: 1983, $23B 904M
- Highest GDP: 2022, $460B 201M
- Most Recent GDP: 2024, $455B 162M
Notable Annual GDP Changes
- 2022: Significant increase in GDP
- 2023: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Bangladesh's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $351B 238M → $373B 902M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $95B 374M → $122B 760M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $61B 687M → $62B 537M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $57B 599M → $59B 879M
- Outcome: increased
Key Economic Indicators of Bangladesh (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 0 % | $ 24B 775M | $ 50B 424M | $ 311.09 | $ 633.16 | 0 % | 79M 639K people | -0.817 % | 0 % |
1981 | 3.802 % | $ 26B 355M | $ 58B 280M | $ 322.32 | $ 712.75 | 20.59 % | 81M 768K people | -1.777 % | 0 % |
1982 | 2.376 % | $ 24B 678M | $ 63B 865M | $ 294.02 | $ 760.91 | 20.69 % | 83M 932K people | -2.734 % | 0 % |
1983 | 4.016 % | $ 23B 904M | $ 69B 425M | $ 277.49 | $ 805.94 | 19.69 % | 86M 142K people | -2.223 % | 0 % |
1984 | 5.181 % | $ 26B 817M | $ 74B 936M | $ 303.30 | $ 847.53 | 18.95 % | 88M 417K people | -1.908 % | 0 % |
1985 | 3.223 % | $ 28B 819M | $ 80B 200M | $ 317.51 | $ 883.61 | 19.71 % | 90M 764K people | -2.375 % | 0 % |
1986 | 4.249 % | $ 29B 639M | $ 85B 75M | $ 318.06 | $ 912.94 | 20 % | 93M 188K people | -2.241 % | 0 % |
1987 | 3.732 % | $ 32B 448M | $ 89B 739M | $ 339.17 | $ 937.99 | 19.10 % | 95M 671K people | -1.657 % | 0 % |
1988 | 2.159 % | $ 34B 914M | $ 95B 122M | $ 355.59 | $ 968.79 | 19.21 % | 98M 186K people | -2.385 % | 0 % |
1989 | 2.612 % | $ 38B 70M | $ 103B 101M | $ 378.07 | $ 1,023.89 | 20.05 % | 100M 695K people | -3.196 % | 0 % |
1990 | 5.941 % | $ 41B 68M | $ 111B 883M | $ 398.05 | $ 1,084.43 | 20.59 % | 103M 172K people | -2.687 % | 0.329 % |
1991 | 3.339 % | $ 42B 488M | $ 120B 529M | $ 402.35 | $ 1,141.38 | 22.46 % | 105M 599K people | -1.519 % | 1.11 % |
1992 | 5.04 % | $ 43B 292M | $ 129B 195M | $ 400.91 | $ 1,196.43 | 22.02 % | 107M 984K people | -0.545 % | 0.991 % |
1993 | 4.574 % | $ 43B 684M | $ 137B 975M | $ 395.87 | $ 1,250.33 | 20.64 % | 110M 351K people | -0.295 % | 1.039 % |
1994 | 4.085 % | $ 46B 438M | $ 147B 282M | $ 411.91 | $ 1,306.41 | 21.43 % | 112M 738K people | -0.489 % | 0.608 % |
1995 | 4.925 % | $ 51B 842M | $ 157B 542M | $ 450.13 | $ 1,367.91 | 21.89 % | 115M 170K people | -1.189 % | 0.254 % |
1996 | 4.622 % | $ 55B 445M | $ 167B 733M | $ 471.27 | $ 1,425.69 | 22.88 % | 117M 650K people | -1.719 % | -1.255 % |
1997 | 4.49 % | $ 57B 599M | $ 178B 885M | $ 479.35 | $ 1,488.72 | 23.87 % | 120M 161K people | -1.443 % | -1.229 % |
1998 | 5.177 % | $ 59B 879M | $ 189B 791M | $ 488.08 | $ 1,547 | 24.37 % | 122M 683K people | -0.948 % | -1.34 % |
1999 | 4.67 % | $ 61B 526M | $ 202B 79M | $ 491.46 | $ 1,614.18 | 24.67 % | 125M 190K people | -0.569 % | -0.291 % |