Know Bangladesh

Bangladesh is Located in the north-eastern part of South Asia. The majestic Himalayas stand some distance to the north, while in the south lays the Bay of Bengal. West Bengal borders on the west and in the east lies the hilly and forested regions of Tripura, Mizoram (India) and Myanmar. These picturesque geographical boundaries frame a low lying plain of about 1,47,570 square kilometer, criss-crossed by innumerable rivers and streams. Mighty rivers are Padma (Ganges), Brahmaputra (Jamuna), Meghna and Karnafuli.

Bangladesh offers many tourist attractions, including archaeological sites, historical mosques and monuments, longest natural beach in the world, picturesque landscape, hill forests and wildlife, rolling tea gardens and tribes. The rich flora and fauna and colorful tribal life is very enchanting. Each part of the country offers distinctly different topography, flavors and delicacies. It is home to the Royal Bengal Tiger, freshwater pink dolphins, historical temples made of red earth.

Some of popular known tourist attractions are: Srimangal, where miles of tea gardens are located, Mainamati, Mahasthangarh, Paharpur for archaeology, Rangamati, Kaptai and Cox's Bazar for sight seeing, and the Sundarbans for wild life and the largest Mangrove forest of the world, and, Foy's Lake for scenic beauty. 

Bangladesh-Fast Facts

Official Name: People's Republic of Bangladesh

Nationality: Bangalees as a nation and Bangladeshi as citizen.

Weekends: Friday & Saturday, some govt and non-govt offices remain open on Saturdays.

International Dialing Code: +880

Standard Time : BST (GMT +6 Hours)

Capital City:

Dhaka

Geography

Geographical Location:
Latitude between 20°34' and 26°38' North
Longitude between 88°01' and 92°41' East

Area: 147,570 sq. km. (land: 133,910 sq km, water: 10,090 sq km)

Boundaries:
North - India (West Bengal and Meghalaya)
West - India (West Bengal)
East - India (Tripura and Assam) and Myanmar
South-Bay of Bengal.
Total: 4,246 km (border countries: Burma 193 km, India 4,053 km)
Coastline: 580 km

Maritime boundary:
Contiguous zone: 18 nm
Continental shelf: up to the outer limits of the continental margin
Exclusive economic zone: 200 nm
Territorial sea: 12 nm

Terrain: Mostly flat alluvial plain; hilly in southeast

Principal Rivers: Padma, Meghna, Jamuna, Surma, Brahmaputra, Karnaphuli, Teesta, Sitalakhya, Rupsha, Madhumati, Gorai, Mahananda etc.

Climate

Climate Variation: Sub-tropical monsoon

Average Temperature:
Winter 11° C - 20° C (October - February)
Summer 21° C - 38° C (March - September)

Rainfall : 1,100 mm to 3,400 mm (June - August)

Humidity:
Highest 99% (July)
Lowest 36% (December & January)

Economy

Bangladesh has made remarkable progress in reducing poverty, supported by sustained economic growth. Based on the international poverty line of $1.90 per person per day, it reduced poverty from 44.2 percent in 1991 to 11.3 percent in 2018/19. In parallel, life expectancy, literacy rates and per capita food production have increased significantly. Progress was underpinned by 7 percent growth on average over the decade and reaching to 8.15 percent in 2018/19, according to official estimates. Rapid growth enabled Bangladesh to reach the lower middle-income country status in 2015. In 2018, Bangladesh fulfilled all three eligibility criteria for graduation from the UN’s Least Developed Countries (LDC) list for the first time and is on track for graduation in 2024.

According to the recent World Bank Report Bangladesh is considered as World’s 44th largest economy and willing to be the 23rd largest economy by 2041 and its GDP now USD 686 billion ( PPP ) and has been maintaining steady GDP growth rate of more than seven percent over the last decade . Bangladesh also have GDP per capita USD around 2000, share of investment to GDP 30.3%, Export reaches to USD 40.5billion  in FY 2018-19 , FDI jumps to USD 3.88 billion in FY 2018-19 from USD 1.2 billion in FY 2010-11 and is considered as one of the attractive destination for business and investment opportunity due to presence of abundant low cost labor, investment friendly environment , diversified natural resources and strong macro-economic fundamentals.

GDP (purchasing power parity) $686.5 billion (2018 est.)
$640.7 billion (2016 est.)
$597.8 billion (2015 est.)
note: data are in 2018 dollars
GDP (official exchange rate) $280 billion (2019 est.)
GDP - real growth rate 8.15% (2019 est.)
7.1% (2016 est.)
GDP - per capita (PPP) $4,753 (2019 est.)
$4,200 (2017 est.)
$3,700 (2015 est.)
note: data are in 2019 dollars
Gross national saving 29.7% of GDP (2018 est.)
30.9% of GDP (2016 est.)
30.3% of GDP (2015 est.)
GDP - composition, by end use household consumption: 67.5%
government consumption: 6.4%
investment in fixed capital: 30.3%
investment in inventories: 1%
exports of goods and services: 15.5%
imports of goods and services: -20.7% (2017 est.)
GDP - composition by sector agriculture: 14.2%
industry: 29.2%
services: 56.5% (2019 est.)
Population below poverty line 20.5% (2019 est.)
Labor force 73.41 million
note: extensive migration of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia (2017 est.)
Labor force - by occupation agriculture: 47%
industry: 13%
services: 40% (2010 est.)
Unemployment rate 4.1% (2017 est.)
4.1% (2016 est.)
note: about 40% of the population is underemployed; many persons counted as employed work only a few hours a week and at low wages
Unemployment, youth ages 15-24 total: 9.4%
male: 9.5%
female: 9.4% (2013 est.)
Household income or consumption by percentage share lowest 10%: 4%
highest 10%: 27% (2010 est.)
Distribution of family income - Gini index 32.1 (2010)
33.6 (1996)
Budget (2020-21) revenues: $56.80 billion
expenditures: $37.80 billion (2019 est.)
Taxes and other revenues 9.9% of GDP (2019 est.)
Budget surplus (+) or deficit (-) 19.00 billiion (2019 est.)
Public debt 28.1% of GDP (2017 est.)
26.9% of GDP (2016 est.)
Inflation rate (consumer prices) 5.5% (2019 est.)
5.7% (2016 est.)
Central bank discount rate 5% (30 October 2016)
5% (30 October 2015)
Commercial bank prime lending rate 10.2% (31 December 2017 est.)
10.41% (31 December 2016 est.)
Stock of narrow money $28.37 billion (31 December 2017 est.)
$25.94 billion (31 December 2016 est.)
Stock of broad money $132.1 billion (31 December 2017 est.)
$121.1 billion (31 December 2016 est.)
Stock of domestic credit $144.9 billion (31 December 2017 est.)
$133.3 billion (31 December 2016 est.)
Market value of publicly traded shares $50.98 billion (31 December 2015 est.)
$41.73 billion (31 December 2014 est.)
$23.55 billion (31 December 2011 est.)
Agriculture - products rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
Industries 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
Industrial production growth rate 8.2% (2017 est.)
Current Account Balance -$1.751 billion (2017 est.)
$1.381 billion (2016 est.)
Exports $40.50 billion (2019 est.)
$34.14 billion (2016 est.)
Exports - commodities garments, knitwear, agricultural products, frozen food (fish and seafood), jute and jute goods, leather
Exports - partners US 13.1%, Germany 12.7%, UK 8.6%, France 5.1%, Spain 5% (2018)
Imports $56.38 billion (2019 est.)
$40.37 billion (2016 est.)
Imports - commodities cotton, machinery and equipment, chemicals, iron and steel, foodstuffs
Imports - partners China 24.3%, India 13.4%, Singapore 5.1%, Japan 4.5% (2016)
Reserves of foreign exchange and gold $33.66 billion (31 December 2019 est.)
$32.28 billion (31 December 2016 est.)
Debt - external $45.07 billion (31 December 2017 est.)
$41.85 billion (31 December 2016 est.)
Stock of direct foreign investment - at home $14.62 billion (31 December 2017 est.)
$13.24 billion (31 December 2016 est.)
Stock of direct foreign investment - abroad $389.5 million (31 December 2017 est.)
$228.5 million (31 December 2016 est.)
Exchange rates taka (BDT) per US dollar -
84.80 (2019 est.)
78.468 (2016 est.)
78.468 (2015 est.)
77.947 (2014 est.)
77.614 (2013 est.)
Fiscal year 1 July - 30 June

 

Historical Dates

Independence Day: 26th March

Victory Day: 16th December

Martyr's Day: 21st February (Also recognized as the International Mother Language Day)

 

Information Technology (IT)

  • Country Domain: .bd
  • Internet Penetration: 4.46 crores (29% of population)
  • Mobile Users: 12 crores, 37 lakhs (March 2015), Source: www.btrc.gov.bd
  • Mobile Penetration: 80% of the population

Global Ranks of Bangladesh

  • 8th largest country in the world in terms of population

  • 4th largest Muslim country in the world in terms of population and 3rd largest Muslim majority country

  • 7th most densely populated country and the most densely populated country in the world having more than 10 million populations (Ref)

  • Situated on the Ganges Delta, the largest delta in the world and also the largest wetland in the world

  • Cox’s Bazaar is the longest natural sandy sea beach in world

  • 2nd largest garments exporter in the world (Ref)

  • Largest producer of Jute (2nd largely grown vegetable fiber in the world)

  • Sundarbans (hosted by both Bangladesh and India) has the largest mangrove forest in the world

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