Bangladesh Overview

Bangladesh, officially the People’s Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 164 million people. In terms of landmass, Bangladesh ranks 92nd, spanning 148,460 square kilometres (57,320 sq mi), making it one of the most densely populated countries in the world. Bangladesh shares land borders with India to the west, north, and east, Myanmar to the southeast, and the Bay of Bengal to the south. It is narrowly separated from Nepal and Bhutan by the Siliguri Corridor, and from China by Sikkim, in the north, respectively. Dhaka, the capital and largest city, is the nation’s economic, political and cultural hub. Chittagong, the largest seaport, is the second-largest city.

Bangladesh is one of the emerging and growth-leading economies of the world, and is also one of the Next Eleven countries, with one of the fastest real GDP growth rates. The Bangladeshi economy is the 39th-largest in the world by nominal GDP, and the 29th-largest by PPP.

The Bangladeshi private sector has rapidly expanded, with a number of conglomerates driving the economy. Major industries include textiles, pharmaceuticals, shipbuilding, steel, electronics, energy, construction materials, chemicals, ceramics, food processing, and leather goods. Export-oriented industrialisation has increased with fiscal year 2018–19 exports increasing by 10.1% over the previous year to $40 billion. Most export earnings are from the garment-manufacturing industry.

To know more please go to: https://en.wikipedia.org/wiki/Bangladesh#Economy

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