Bangladesh – a small South Asian delta packed with a population of ~165 million – is expected to become the next big South Asian economic superpower. Buoyed by a consistent GDP growth rate, large working population, faster technology penetration and planned infrastructural investments, Bangladesh features as one of the top 17 out of 134 countries in the list of World Bank GEP forecast. Discover our curated library to learn more about Bangladesh’s growth story.
South Asia remained the fastest growing region in the world last year, but growth remained driven by domestic demand – and not exports – which resulted in another year of double-digit volume growth of imports. The value of imports was further pushed up by rising oil prices. The widening current account deficits became more difficult […]
Since mobile money was introduced in Bangladesh in 2010, there has been a rapid increase in the use of mobile financial services. Today, the mix of a large population without access to financial services, a limited financial infrastructure, and a relatively high penetration rate of mobile phones has ensured that mobile payments have the potential to reshape the way Bangladeshis do business.
This report provides an assessment of the state of the Bangladesh economy, outlook, risks, and the key reform challenges the economy is currently facing. The coverage includes developments in the real sector focusing on growth and its components; inflation; monetary and financial sector developments; external sector developments focusing on the balance of payments, foreign exchange […]
The economy of Bangladesh grew at an average rate of 6.5% annually in the fiscal years (FY) from 2009 to 2018.1 In FY2016, the growth rate crossed the 7.0% mark, and the following 2 years saw even higher growth rates of 7.3% and 7.9%. Historically, exports and remittances have been the two key growth drivers for Bangladesh. However, […]
Bangladesh cement industry, one of the fastest growing cement markets in the world, grew at approximately 11.5% CAGR over the last seven years as demand doubled from 14.6 million MT per year to around 31.3 million MT per year. Per capita cement consumption in Bangladesh almost doubled from 95 KG in 2011 to 187 KG […]
This report aims to synthesize current theory and practice of the blue economy concept to govern economic activity linked to the ocean, and to provide a framework for the Government of Bangladesh to analyze its potential. With the peaceful resolution of maritime boundary disputes with its neighbors in 2012 and 2014, the Government has recently […]
Sixteenth in a series of annual reports comparing business regulation in 190 economies, Doing Business 2019 covers 11 areas of business regulation. Ten of these areas – starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency – are […]
Agriculture is key in Bangladesh but highly exposed to risks. Agriculture is a source of employment and livelihood for nearly 1 in 2 adults in Bangladesh and contributes about 16% to GDP. Contribution to agricultural GDP comes mainly from crop production (63%) but also from fisheries (23%), as well as livestock and poultry (14%). There are about 15 […]
In light of the developments in global offshoring and Bangladesh’s rise in IT/ITeS services – A joint team of KPMG India and KPMG Bangladesh undertook the study to explore the IT/ITeS sector in Bangladesh. The whitepaper is the output of in-person interviews with Bangladeshi IT/ITeS industry players, government functionaries, trade associations and global IT services […]
Developing strategy for Bangladesh as the global IT/ITES market is the key objective against highly developed and rapidly developing sophisticated and competitive market. This report focuses on the strategy and road map to help the country to focus its resources on the greatest IT/ITES opportunities, align the efforts of the public and private sectors, help the country to be […]
This guide to doing business in Bangladesh will provide foreign investors with an insight into the key aspects of undertaking business and investing in Bangladesh.
