Diplomatic representation from the US:
chief of mission: Ambassador Mary Ann PETERS
embassy: Madani Avenue, Baridhara, Dhaka 1212
mailing address: G. P. O. Box 323, Dhaka 1000
telephone: [880] (2) 8824700 through 8824722
FAX: [880] (2) 8823744
Flag description:
green with a large red disk slightly to the hoist side of center;
the red sun of freedom represents the blood shed to achieve
independence; the green field symbolizes the lush countryside, and
secondarily, the traditional color of Islam
Economy Bangladesh
Economy - overview:
Despite sustained domestic and international efforts to improve
economic and demographic prospects, Bangladesh remains a poor,
overpopulated, and ill-governed nation. Although half of GDP is
generated through the service sector, nearly two-thirds of
Bangladeshis are employed in the agriculture sector, with rice as
the single-most-important product. Major impediments to growth
include frequent cyclones and floods, inefficient state-owned
enterprises, inadequate port facilities, a rapidly growing labor
force that cannot be absorbed by agriculture, delays in exploiting
energy resources (natural gas), insufficient power supplies, and
slow implementation of economic reforms. Economic reform is stalled
in many instances by political infighting and corruption at all
levels of government. Progress also has been blocked by opposition
from the bureaucracy, public sector unions, and other vested
interest groups. The BNP government, led by Prime Minister Khaleda
ZIA, has the parliamentary strength to push through needed reforms,
but the party's political will to do so has been lacking in key
areas.
GDP:
purchasing power parity - $238.2 billion (2002 est.)
GDP - real growth rate:
4.8% (2002 est.)
GDP - per capita:
purchasing power parity - $1,800 (2002 est.)
GDP - composition by sector: agriculture: 35% industry: 19% services: 46% (2001 est.)
Population below poverty line: 35.6% (FY 95/96 est.)
Household income or consumption by percentage share: lowest 10%: 3.9% highest 10%: 28.6% (1995-96 est.)