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.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |
