Bangladesh GDP Trends from 1980 to 2024: A overall increase with some decline Flow

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%.

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.


Bangladesh GDP from 1980 to 2024

The total market value of goods and services produced annually in Bangladesh.

Change Chart

    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)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 24B 775M
    $ 311.09
    $ 633.16
    $ 50B 424M
    0 %
    -0.817 %
    0 %
    0 %
    79M 639K people
    1981
    $ 26B 355M
    $ 322.32
    $ 712.75
    $ 58B 280M
    3.802 %
    -1.777 %
    20.59 %
    0 %
    81M 768K people
    1982
    $ 24B 678M
    $ 294.02
    $ 760.91
    $ 63B 865M
    2.376 %
    -2.734 %
    20.69 %
    0 %
    83M 932K people
    1983
    $ 23B 904M
    $ 277.49
    $ 805.94
    $ 69B 425M
    4.016 %
    -2.223 %
    19.69 %
    0 %
    86M 142K people
    1984
    $ 26B 817M
    $ 303.30
    $ 847.53
    $ 74B 936M
    5.181 %
    -1.908 %
    18.95 %
    0 %
    88M 417K people
    1985
    $ 28B 819M
    $ 317.51
    $ 883.61
    $ 80B 200M
    3.223 %
    -2.375 %
    19.71 %
    0 %
    90M 764K people
    1986
    $ 29B 639M
    $ 318.06
    $ 912.94
    $ 85B 75M
    4.249 %
    -2.241 %
    20 %
    0 %
    93M 188K people
    1987
    $ 32B 448M
    $ 339.17
    $ 937.99
    $ 89B 739M
    3.732 %
    -1.657 %
    19.10 %
    0 %
    95M 671K people
    1988
    $ 34B 914M
    $ 355.59
    $ 968.79
    $ 95B 122M
    2.159 %
    -2.385 %
    19.21 %
    0 %
    98M 186K people
    1989
    $ 38B 70M
    $ 378.07
    $ 1,023.89
    $ 103B 101M
    2.612 %
    -3.196 %
    20.05 %
    0 %
    100M 695K people
    1990
    $ 41B 68M
    $ 398.05
    $ 1,084.43
    $ 111B 883M
    5.941 %
    -2.687 %
    20.59 %
    0.329 %
    103M 172K people
    1991
    $ 42B 488M
    $ 402.35
    $ 1,141.38
    $ 120B 529M
    3.339 %
    -1.519 %
    22.46 %
    1.11 %
    105M 599K people
    1992
    $ 43B 292M
    $ 400.91
    $ 1,196.43
    $ 129B 195M
    5.04 %
    -0.545 %
    22.02 %
    0.991 %
    107M 984K people
    1993
    $ 43B 684M
    $ 395.87
    $ 1,250.33
    $ 137B 975M
    4.574 %
    -0.295 %
    20.64 %
    1.039 %
    110M 351K people
    1994
    $ 46B 438M
    $ 411.91
    $ 1,306.41
    $ 147B 282M
    4.085 %
    -0.489 %
    21.43 %
    0.608 %
    112M 738K people
    1995
    $ 51B 842M
    $ 450.13
    $ 1,367.91
    $ 157B 542M
    4.925 %
    -1.189 %
    21.89 %
    0.254 %
    115M 170K people
    1996
    $ 55B 445M
    $ 471.27
    $ 1,425.69
    $ 167B 733M
    4.622 %
    -1.719 %
    22.88 %
    -1.255 %
    117M 650K people
    1997
    $ 57B 599M
    $ 479.35
    $ 1,488.72
    $ 178B 885M
    4.49 %
    -1.443 %
    23.87 %
    -1.229 %
    120M 161K people
    1998
    $ 59B 879M
    $ 488.08
    $ 1,547
    $ 189B 791M
    5.177 %
    -0.948 %
    24.37 %
    -1.34 %
    122M 683K people
    1999
    $ 61B 526M
    $ 491.46
    $ 1,614.18
    $ 202B 79M
    4.67 %
    -0.569 %
    24.67 %
    -0.291 %
    125M 190K people