Gross domestic product (GDP) in Bangladesh
Bangladesh: Gross domestic product (GDP) was 1.36 trillion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
1.36 trillion international-$ in 2021 prices
Change on year
up 2.9%
World rank
24th
of 184 countries
All-time high
1.36 trillion international-$ in 2021 prices
in 2023
All-time low
83.59 billion international-$ in 2021 prices
in 1959
Years of data
65
1959–2023
Gross domestic product (GDP) in Bangladesh, 1959–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Bangladesh recorded 1.36 trillion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 65 years on record.
That represents a change of up 2.9% on the previous year and up 119.3% over ten years.
Over the whole period, gross domestic product (gdp) in Bangladesh peaked at 1.36 trillion international-$ in 2021 prices in 2023 and was at its lowest, 83.59 billion international-$ in 2021 prices, in 1959.
That places Bangladesh 24th out of 184 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Bangladesh, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1959 | 83.59 billion international-$ in 2021 prices | — |
| 1960 | 90.02 billion international-$ in 2021 prices | +7.7% |
| 1961 | 89.48 billion international-$ in 2021 prices | -0.6% |
| 1962 | 94.75 billion international-$ in 2021 prices | +5.9% |
| 1963 | 101.12 billion international-$ in 2021 prices | +6.7% |
| 1964 | 100.52 billion international-$ in 2021 prices | -0.6% |
| 1965 | 98.81 billion international-$ in 2021 prices | -1.7% |
| 1966 | 99.76 billion international-$ in 2021 prices | +1.0% |
| 1967 | 96.33 billion international-$ in 2021 prices | -3.4% |
| 1968 | 99.36 billion international-$ in 2021 prices | +3.2% |
| 1969 | 103.70 billion international-$ in 2021 prices | +4.4% |
| 1970 | 111.39 billion international-$ in 2021 prices | +7.4% |
| 1971 | 110.16 billion international-$ in 2021 prices | -1.1% |
| 1972 | 105.39 billion international-$ in 2021 prices | -4.3% |
| 1973 | 89.70 billion international-$ in 2021 prices | -14.9% |
| 1974 | 91.37 billion international-$ in 2021 prices | +1.9% |
| 1975 | 88.31 billion international-$ in 2021 prices | -3.3% |
| 1976 | 100.00 billion international-$ in 2021 prices | +13.2% |
| 1977 | 107.25 billion international-$ in 2021 prices | +7.2% |
| 1978 | 110.31 billion international-$ in 2021 prices | +2.9% |
| 1979 | 117.16 billion international-$ in 2021 prices | +6.2% |
| 1980 | 116.84 billion international-$ in 2021 prices | -0.3% |
| 1981 | 119.19 billion international-$ in 2021 prices | +2.0% |
| 1982 | 119.08 billion international-$ in 2021 prices | -0.1% |
| 1983 | 121.33 billion international-$ in 2021 prices | +1.9% |
| 1984 | 133.30 billion international-$ in 2021 prices | +9.9% |
| 1985 | 139.25 billion international-$ in 2021 prices | +4.5% |
| 1986 | 142.23 billion international-$ in 2021 prices | +2.1% |
| 1987 | 143.01 billion international-$ in 2021 prices | +0.6% |
| 1988 | 149.37 billion international-$ in 2021 prices | +4.4% |
| 1989 | 166.29 billion international-$ in 2021 prices | +11.3% |
| 1990 | 173.64 billion international-$ in 2021 prices | +4.4% |
| 1991 | 180.27 billion international-$ in 2021 prices | +3.8% |
| 1992 | 185.38 billion international-$ in 2021 prices | +2.8% |
| 1993 | 190.02 billion international-$ in 2021 prices | +2.5% |
| 1994 | 198.86 billion international-$ in 2021 prices | +4.7% |
| 1995 | 208.20 billion international-$ in 2021 prices | +4.7% |
| 1996 | 214.22 billion international-$ in 2021 prices | +2.9% |
| 1997 | 213.78 billion international-$ in 2021 prices | -0.2% |
| 1998 | 211.98 billion international-$ in 2021 prices | -0.8% |
| 1999 | 205.58 billion international-$ in 2021 prices | -3.0% |
| 2000 | 212.70 billion international-$ in 2021 prices | +3.5% |
| 2001 | 219.05 billion international-$ in 2021 prices | +3.0% |
| 2002 | 230.74 billion international-$ in 2021 prices | +5.3% |
| 2003 | 237.49 billion international-$ in 2021 prices | +2.9% |
| 2004 | 243.59 billion international-$ in 2021 prices | +2.6% |
| 2005 | 254.08 billion international-$ in 2021 prices | +4.3% |
| 2006 | 277.55 billion international-$ in 2021 prices | +9.2% |
| 2007 | 315.76 billion international-$ in 2021 prices | +13.8% |
| 2008 | 360.57 billion international-$ in 2021 prices | +14.2% |
| 2009 | 399.05 billion international-$ in 2021 prices | +10.7% |
| 2010 | 462.90 billion international-$ in 2021 prices | +16.0% |
| 2011 | 544.22 billion international-$ in 2021 prices | +17.6% |
| 2012 | 579.59 billion international-$ in 2021 prices | +6.5% |
| 2013 | 620.50 billion international-$ in 2021 prices | +7.1% |
| 2014 | 683.60 billion international-$ in 2021 prices | +10.2% |
| 2015 | 758.71 billion international-$ in 2021 prices | +11.0% |
| 2016 | 816.59 billion international-$ in 2021 prices | +7.6% |
| 2017 | 864.84 billion international-$ in 2021 prices | +5.9% |
| 2018 | 963.50 billion international-$ in 2021 prices | +11.4% |
| 2019 | 1.04 trillion international-$ in 2021 prices | +8.4% |
| 2020 | 1.13 trillion international-$ in 2021 prices | +8.2% |
| 2021 | 1.23 trillion international-$ in 2021 prices | +8.7% |
| 2022 | 1.32 trillion international-$ in 2021 prices | +7.7% |
| 2023 | 1.36 trillion international-$ in 2021 prices | +2.9% |
Bangladesh compared with similar countries
- Bangladesh's 1.36 trillion international-$ in 2021 prices is above the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 18.8× the median. (42 countries reporting)
- Bangladesh's 1.36 trillion international-$ in 2021 prices is above the median for South Asia, which is 221.76 billion international-$ in 2021 prices, 6.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 83.59 billion international-$ in 2021 prices | 83.59 billion international-$ in 2021 prices | 83.59 billion international-$ in 2021 prices | 1 |
| 1960s | 97.39 billion international-$ in 2021 prices | 89.48 billion international-$ in 2021 prices | 103.70 billion international-$ in 2021 prices | 10 |
| 1970s | 103.10 billion international-$ in 2021 prices | 88.31 billion international-$ in 2021 prices | 117.16 billion international-$ in 2021 prices | 10 |
| 1980s | 134.99 billion international-$ in 2021 prices | 116.84 billion international-$ in 2021 prices | 166.29 billion international-$ in 2021 prices | 10 |
| 1990s | 198.19 billion international-$ in 2021 prices | 173.64 billion international-$ in 2021 prices | 214.22 billion international-$ in 2021 prices | 10 |
| 2000s | 275.06 billion international-$ in 2021 prices | 212.70 billion international-$ in 2021 prices | 399.05 billion international-$ in 2021 prices | 10 |
| 2010s | 733.87 billion international-$ in 2021 prices | 462.90 billion international-$ in 2021 prices | 1.04 trillion international-$ in 2021 prices | 10 |
| 2020s | 1.26 trillion international-$ in 2021 prices | 1.13 trillion international-$ in 2021 prices | 1.36 trillion international-$ in 2021 prices | 4 |
Countries ranked near Bangladesh
- 21 Poland 1.52 trillion international-$ in 2021 prices compare
- 22 Taiwan 1.45 trillion international-$ in 2021 prices compare
- 23 Pakistan 1.40 trillion international-$ in 2021 prices compare
- 25 Iran 1.34 trillion international-$ in 2021 prices compare
- 26 Vietnam 1.31 trillion international-$ in 2021 prices compare
- 27 Netherlands 1.26 trillion international-$ in 2021 prices compare
More economy & growth data for Bangladesh
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 6.09 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.10 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0575 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.47 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10.51 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.5 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Bangladesh?
- Gross domestic product (gdp) in Bangladesh was 1.36 trillion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Bangladesh?
- The highest recorded value was 1.36 trillion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Bangladesh?
- The lowest recorded value was 83.59 billion international-$ in 2021 prices in 1959.
- How does Bangladesh rank for gross domestic product (gdp)?
- Bangladesh ranks 24th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Bangladesh?
- Over the last ten years it is up 119.3%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.