Globalization Impact on Bangladesh Economy

4281 Words Aug 23rd, 2009 18 Pages
Economy of Bangladesh
Economy of Bangladesh

Currency Fiscal year Trade organisations

Bangladesh Taka (BDT) 1 July - 30 June WTO, SAFTA, D8, WCO Statistics

GDP GDP growth GDP per capita GDP by sector Inflation (CPI)

$228.4 billion (2008 est.PPP) 6.5% (2008 est.) $ 1500 (2008 est.PPP) Agriculture (19%), industry (28.7%), services (53.7%) (2007 est.) 9.4% (2008 est.)

Population 38% (2009 est.) below poverty line Labour force Labour force by occupation Unemployment Main industries 70.86 million (2008 est.) Agriculture (65%), industry (25%), services (10%) (2005 est.) 2.4% (2008) jute manufacturing, cotton textiles, garments, tea processing, paper newsprint, sugar, light engineering, chemical, cement, fertilizer, food processing External
…show more content…
Some of the same factors that had made East Bengal a prosperous region became disadvantages during the nineteenth and twentieth centuries.[4] As life expectancy increased, the limitations of land and the annual floods increasingly became constraints on economic growth.[4] Preponderance on traditional agricultural methods became obstacles to