Bangladesh flag

Bangladesh

People's Republic of Bangladesh

Capital

Dhaka

Region

Asia

Population

169,828,911

Area (km²)

147,570

💡Quick Summary

Bangladesh, located in South Asia, is a densely populated nation with over 169 million people crammed into an area of 147,570 km², making it one of the world's most crowded countries. Its capital, Dhaka, serves as the bustling economic and cultural hub, driving growth in textiles, agriculture, and remittances despite challenges like flooding and climate vulnerability. With a GDP figure not available here, the country continues to emerge as a key player in global garment manufacturing and poverty reduction efforts.

Key Insights

High Inflation Threatens Economic Growth Momentum

Despite achieving a robust GDP growth rate of nearly 5.8%, Bangladesh faces a significant economic challenge from high inflation, which is nearing 10%. This high inflationary environment erodes purchasing power and could destabilize the gains made in per capita income growth.

Remarkable Life Expectancy Outperforms Economic Peers

Bangladesh boasts a high life expectancy of nearly 75 years, which is significantly higher than many countries with comparable or even higher GDP per capita levels. This suggests effective public health interventions and improvements in living standards, despite the country's lower-middle-income status.

Near-Universal Electricity Access in a Developing Nation

A striking achievement is the near-universal access to electricity, reaching 99.5% of the population. This level of electrification is crucial for industrialization, education, and modernizing the economy, positioning Bangladesh well for future development goals.

Successful Demographic Transition: Fertility at Replacement Level

The fertility rate stands at 2.16, which is very close to the replacement level (2.1). This indicates a successful demographic transition, slowing future population growth and easing pressure on resources, a major achievement for a densely populated country.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$437.42B

Year: 2023

GDP Per Capita

$2,551.02

GDP Growth (%)

5.78%

Inflation (%)

9.88%

Unemployment (%)

4.45%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 1/23/2026

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
20142015201620172018201920202021202220230.00%2.00%4.00%6.00%8.00%
  • GDP Growth (%)
Population Growth
Total population over time
2014201520162017201820192020202120222023045,000,00090,000,000135,000,000180,000,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
201420152016201720182019202020210.0%9.0%18.0%27.0%36.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$700$1,400$2,100$2,800
  • GDP Per Capita ($)

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