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Bangladesh,[a]officially the People's Republic of Bangladesh,[b]is a country in South Asia. It is the eighth-most populouscountry in the world and is among the most densely populated countrieswith a population of nearly 170 million in an area of 148,460 square kilometres (57,320 sq mi). Bangladesh shares land borders with India to the north ...
G (government spending) is the sum of government expenditures on final goods and services. It includes salaries of public servants , purchases of weapons for the military and any investment expenditure by a government.
The economy of Bangladesh is a major developing mixed economy. [3] As the second-largest economy in South Asia, [44] [45] Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Poverty in Bangladesh. Bangladesh is an under-devoloped nation. Despite rapid economic growth, poverty remains a major issue. However, poverty has declined sharply in recent history. Shortly after its independence, approximately 90% of the population lived under the poverty line. [1] However, since economic reforms and trade liberalization of ...
Garment products made in Bangladesh. RMGs are the finished textile product from clothing factories and the Bangladeshi RMG Sector is one of the fastest growing sectors in the Bangladeshi economy, with a growth rate of 55% from 2002 to 2012. [ 25] Exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh's ...
The electricity sector in Bangladesh is heavily reliant on natural gas. [8] The government stopped buying spot price liquefied natural gas in June 2022; they were importing 30% of their LNG on the spot market this year down from 40% last year.
This is a list of the largest trading partners of Bangladesh based on data from The Observatory of Economic Complexity (OEC). [ 1 ] Export in Billion US-Dollar
Bangladesh Vision 2041 (Vision '41) is a national strategic plan to further develop the socio-economic standing of the People's Republic of Bangladesh, issued by Prime Minister Sheikh Hasina and formulated by National Economic Council. As a part of four 5-year perspective plan to be undertaken between 2022 and 2041, Bangladesh is aiming to ...