Economy - overview:
The economy has grown 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008-09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis totaling $9.7 billion in FY09 accounted for almost 25% of GDP.
GDP (purchasing power parity):
$259.3 billion (2010 est.) country comparison to the world: 47 $244.6 billion (2009 est.)
$231.4 billion (2008 est.)
note: data are in 2010 US dollars
GDP (official exchange rate):
$105.4 billion (2010 est.)
GDP - real growth rate:
6% (2010 est.) country comparison to the world: 36 5.7% (2009 est.)