Economic Profile

Bangladesh has a GDP of US$330 billion (at PPP) [1] with an annual growth rate of around 6%. Bangladesh has also made major strides to meet the food needs of its increasing population, through increased domestic production. Currently, Bangladesh is the third largest rice producing country in the world [2].

Although two-thirds of Bangladeshis are farmers, more than 75% of Bangladesh’s export earnings come from the garment industry, which began attracting foreign investors in the 1980s due to cheap labor and low conversion costs. In 2002, the industry exported US$5 billion worth of products. The industry now employs more than 3 million workers that are inexpensive and plentiful.

Major industries: Jute manufacturing, cotton textiles, food processing, steel, fertilizer, rice, tea, wheat, sugarcane, potatoes, beef, milk & poultry. 25.5% of the GDP is the value added by agriculture. The country has large reserves of natural gas and limited reserves of coal and oil [3].

EFFECTS OF GLOBAL WARMING TOUR

Come see the effects of global warming first hand. Learn about the alarming impact it is having on flora and fauna. Help design a program or scope out a research project to make a difference. Help save people, save their land.

LEARN MORE