156118464
Bangla 98.8% (official, also known as Bengali), other 1.2% (2011 est.)
DHAKA (capital) 17.598 million; Chittagong 4.539 million; Khulna 1.022 million; Rajshahi 844,000 (2015)
- Designação longa convencional
- People's Republic of Bangladesh
- Abreviatura
- Bangladesh
- Forma longa local
- Gana Prajatantri Bangladesh
- Forma curto local
- Bangladesh
parliamentary republic
- Nome
- Dhaka
- Coordenadas Geográficas
- 23 43 N, 90 24 E
- Fuso horário
- UTC+6 (11 hours ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
Bangladesh's economy has grown roughly 6% per year since 1996 despite prolonged periods of political instability, poor infrastructure, endemic corruption, insufficient power supplies, and slow implementation of economic reforms. Although more than half of GDP is generated through the services sector, almost half of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product.
- Inflação
- 5,514%
- Acções de dívida externa
- US$ 38.639.917.000
- Taxa de imposto total (% dos lucros empresa)
- 34,4%
- Taxa de juro real
- 3,449%
- Produção, valor acrescentado (% PIB)
- 17,915%
- Saldo Corrente
- US$ 2.686.936.581
- Força de trabalho, total
- 72.075.901
- Emprego na Agricultura
- 47,48%
- Emprego na Industria
- 17,71%
- Emprego nos Serviços
- 35,31%
- Taxa de Desemprego
- 4,07%
- Importação de Produtos e Serviços
- US$ 47.171.604.057
- Exportação de Produtos e Serviços
- US$ 36.865.017.308
- Total Comércio de Mercadorias
- 34,53%
- IDE, entradas líquidas
- US$ 3.380.251.355
- Exportações de serviços comerciais
- US$ 1.665.337.082
rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
jute, cotton, garments, paper, leather, fertilizer, iron and steel, cement, petroleum products, tobacco, pharmaceuticals, ceramics, tea, salt, sugar, edible oils, soap and detergent, fabricated metal products, electricity, natural gas
- Mercadorias
- garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
- Parceiros
- US 13.9%, Germany 12.9%, UK 8.9%, France 5%, Spain 4.7% (2015)
- Mercadorias
- cotton, machinery and equipment, chemicals, iron and steel, foodstuffs
- Parceiros
- China 22.4%, India 14.1%, Singapore 5.2% (2015)
- Índice de Risco do País
- C
- A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high.
- Classificação de Clima de Negócios
- C
- The business environment is difficult. Corporate financial information is often unavailable and when available often unreliable. Debt collection is unpredictable. The institutional framework has many troublesome weaknesses. Intercompany transactions run major risks in the difficult environments rated C.
- Competitive clothing sector thanks to relatively cheap labor
- Substantial remittances from emigrant workers, located mainly in the Gulf states
- International aid helping to cover financing needs
- Moderate level of national debt
- Favorable demographics: 45% of Bangladeshis are under 15
- Economy vulnerable to changes in global competition in the textile sector
- Very low per capita income
- Recurring political and social tensions
- Shortcomings in terms of business climate, especially regarding infrastructure
- Recurring natural disasters (cyclones, severe flooding) which result in significant damage and loss of harvests
Activity remained buoyant during the 2016 fiscal year, but political, social and security issues again disrupted the economic life of the country. In July 2016, Dhaka was struck by a violent attack, responsibility for which was claimed by Islamic State, just at a time when the political situation was tending to stabilize. Nonetheless, tensions remain high between the opposition and the ruling party. Growth will also benefit from the rapid development of services, especially in the area of health and education. Foreign investment is likely to remain dynamic but could be hit by the worsening security context. The country will continue to enjoy support from the Asian Development Bank for infrastructure development projects, thanks to a USD 8bn program over the coming years. This will, in particular, enable the construction of a 102km railway line in the south of the country.
Meanwhile, household consumption, the main component of GDP, is expected to remain dynamic. The agriculture sector, which employs half the economically active population, will continue to sustain domestic demand. However, expatriate remittances, although still high, will slow due to the difficulties experienced by the economies of the Gulf States, the main host countries for Bangladeshis. Furthermore, exports are expected to remain sustained, thanks to the strength of the textile sector which benefits from the country's 2nd place in the world in terms of production capacity. Nonetheless, they are likely to be hit by sluggish world demand and worsening price competitiveness. In addition, The Unite States have confirmed that the Generalized System of Preferences will not be restored (initially suspended following the collapse of the Rana Plazza in April 2013). However, Bangladeshi products will continue to enjoy preferential access to the European market.
Finally, inflation is set to remain high in 2017. Relative control over food prices will, however, make it possible to contain price increases.
The public deficit is expected to increase slightly. The 2016-2017 budget includes major spending plans prioritizing spending on jobs, education and training, infrastructure and improving the country's attractiveness. Nonetheless, the budget provides for cuts in subsidies and the government is also planning to broaden the tax base, thanks to the introduction of VAT in July 2017. Accordingly, the public debt is likely to deteriorate very slightly in 2017, but will remain at a moderate level.
With regard to the external accounts, the current account balance is expected to continue to deteriorate, although it will remain contained. Despite strong export performance, the trade balance is likely to suffer from a slight rise in oil prices in 2017. Further, expatriate remittances will continue to be affected by sluggishness in the construction sector in the Gulf States.
In 2016, the foreign exchange reserves continued to rise, reflecting the Central Bank's intervention aimed at limiting the currency's appreciation. Reserves have grown by a factor of 3.7 since 2011 and are now at a level deemed satisfactory (almost 8 months of importance). The country's ability to withstand sudden capital outflows has thus significantly improved.
The IMF program from which the country benefited in 2012 following the balance of payments was subject to the implementation of banking system reforms, needed because the banking sector suffers from arbitrary risk management and a lack of supervision. Steps have now been taken to strengthen governance and improve risk management.
The January 2014 parliamentary elections took place against a backdrop of widespread violence. The Bangladesh Nationalist Party (BNP) – the opposition party - boycotted the elections as it disagreed with the electoral process. The ruling party (the Awami League) was re-elected under widely contested conditions. The situation returned to calm during 2014 until the BNP called for early elections, with the Awami League refusing to take part in any talks. In the early months of 2015, the country was shaken by a wave of violent protests and major blockades. The situation has since stabilized but remains fragile. The opposition accuses the Awami League of wanting to transform Bangladesh into a one-party State. There is a high risk of a resumption of violence at a time when the country is facing a rising tide of religious violence as evidenced by the violent attack on Dhaka organized by Islamic State in July 2016. Finally, the country pays will continue to suffer from a particularly adverse business climate.