Gross Domestic Product — Value Standard Local Currency, annual growth in Bangladesh

Bangladesh: Gross Domestic Product — Value Standard Local Currency, annual growth was 11.4 % change on previous year in 2024. ◆ Volatile

Latest (2024)
11.4 % change on previous year
Change on year
down 12.8%
World rank
51st
of 218 countries
All-time high
66.77 % change on previous year
in 1973
All-time low
-11.3 % change on previous year
in 1976
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Bangladesh, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross domestic product — value standard local currency, annual growth in Bangladesh is 11.4 % change on previous year, measured in 2024.

The figure is down 12.8% on the previous year and down 19.3% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in Bangladesh peaked at 66.77 % change on previous year in 1973 and was at its lowest, -11.3 % change on previous year, in 1976.

Bangladesh ranks 51st of 218 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, annual growth in Bangladesh, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Bangladesh, 1971 to 2024.
Year % change on previous year Change
1971 -2.68 % change on previous year
1972 -10.19 % change on previous year +280.3%
1973 66.77 % change on previous year -755.5%
1974 51.95 % change on previous year -22.2%
1975 64.18 % change on previous year +23.5%
1976 -11.3 % change on previous year -117.6%
1977 5.15 % change on previous year -145.6%
1978 25.16 % change on previous year +388.5%
1979 19.87 % change on previous year -21.0%
1980 12.64 % change on previous year -36.4%
1981 18.05 % change on previous year +42.8%
1982 11.92 % change on previous year -34.0%
1983 13.58 % change on previous year +13.9%
1984 20.73 % change on previous year +52.7%
1985 14.57 % change on previous year -29.7%
1986 14.57 % change on previous year +0.0%
1987 15.65 % change on previous year +7.4%
1988 10.74 % change on previous year -31.4%
1989 10.46 % change on previous year -2.6%
1990 11.82 % change on previous year +13.0%
1991 13.13 % change on previous year +11.0%
1992 8.64 % change on previous year -34.2%
1993 4.88 % change on previous year -43.6%
1994 8.01 % change on previous year +64.3%
1995 12.63 % change on previous year +57.7%
1996 9.05 % change on previous year -28.3%
1997 8.64 % change on previous year -4.5%
1998 10.78 % change on previous year +24.7%
1999 9.75 % change on previous year -9.5%
2000 7.91 % change on previous year -18.8%
2001 6.94 % change on previous year -12.3%
2002 7.75 % change on previous year +11.7%
2003 10.02 % change on previous year +29.3%
2004 10.78 % change on previous year +7.5%
2005 11.33 % change on previous year +5.2%
2006 30.11 % change on previous year +165.7%
2007 16.06 % change on previous year -46.7%
2008 16.43 % change on previous year +2.3%
2009 14.19 % change on previous year -13.6%
2010 15.18 % change on previous year +6.9%
2011 16.92 % change on previous year +11.5%
2012 17.32 % change on previous year +2.3%
2013 15.69 % change on previous year -9.4%
2014 14.12 % change on previous year -10.0%
2015 14.87 % change on previous year +5.3%
2016 16.4 % change on previous year +10.3%
2017 11.97 % change on previous year -27.0%
2018 13.55 % change on previous year +13.2%
2019 11.83 % change on previous year -12.7%
2020 7.42 % change on previous year -37.3%
2021 11.35 % change on previous year +52.9%
2022 12.51 % change on previous year +10.2%
2023 13.07 % change on previous year +4.5%
2024 11.4 % change on previous year -12.8%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Bangladesh changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1973 +755.5% -10.19 % change on previous year 66.77 % change on previous year
1978 +388.5% 5.15 % change on previous year 25.16 % change on previous year
1972 -280.3% -2.68 % change on previous year -10.19 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 23.21 % change on previous year -11.3 % change on previous year 66.77 % change on previous year 9
1980s 14.29 % change on previous year 10.46 % change on previous year 20.73 % change on previous year 10
1990s 9.73 % change on previous year 4.88 % change on previous year 13.13 % change on previous year 10
2000s 13.15 % change on previous year 6.94 % change on previous year 30.11 % change on previous year 10
2010s 14.78 % change on previous year 11.83 % change on previous year 17.32 % change on previous year 10
2020s 11.15 % change on previous year 7.42 % change on previous year 13.07 % change on previous year 5

Countries ranked near Bangladesh

  1. 48 Madagascar 12.15 % change on previous year compare
  2. 49 Vietnam 11.55 % change on previous year compare
  3. 50 Syria 11.53 % change on previous year compare
  4. 52 Palau 11.27 % change on previous year compare
  5. 53 Kenya 11.1 % change on previous year compare
  6. 54 Tunisia 11.04 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Bangladesh?
Gross domestic product — value standard local currency, annual growth in Bangladesh was 11.4 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Bangladesh?
The highest recorded value was 66.77 % change on previous year in 1973.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Bangladesh?
The lowest recorded value was -11.3 % change on previous year in 1976.
How does Bangladesh rank for gross domestic product — value standard local currency, annual growth?
Bangladesh ranks 51st out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in Bangladesh?
Over the last ten years it is down 19.3%. The long-run trend across the full record is volatile.
Where does this Bangladesh data come from?
The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Bangladesh. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/bangladesh/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.