Bangladesh Economy

The market-based economy of Bangladesh is the 46th largest in the world in nominal terms, and 33rd largest by purchasing power parity; it is classified among the Next Eleven emerging market economies and a Frontier market.
Currency: Bangladeshi taka
Gross national income: 617.1 billion PPP dollars (2016)
Gross domestic product: 221.4 billion USD (2016) World Bank
GDP growth rate: 7.1% annual change (2016) World Bank
GDP per capita: 1,358.78 USD (2016) World Bank
GNI per capita: 3,790 PPP dollars (2016)
Internet users: 5.0% of the population (2011) World Bank

The fragile rule of law continues to undermine economic development in Bangladesh. Corruption and marginal enforcement of property rights drive people and enterprises into the informal economy, and poor economic management, worsened by repeated political crises, severely constrains economic dynamism.
Prime Minister Sheikh Hasina was reelected in January 2014 in an election marred by an opposition boycott. A year later, when antigovernment demonstrations and a transport blockade fueled violence that killed over 120 people, the government jailed over 7,000 terrorists. Extremist attacks against bloggers, religious minorities, and foreigners have risen alarmingly since 2013. A major terrorist attack on a café in Dhaka in July 2016 that killed 22 people has led to concern that international terrorist groups like the Islamic State and al-Qaeda are linking up with local militant groups. Despite the political turmoil, a decade of fairly rapid economic growth has contributed to progress against persistent poverty.
Now Bangladesh’s economy is expected to grow at 6.9 in the current fiscal year (FY18) while the inflation will remain within 6%, according to latest report of the Asian Development Bank (ADB).
Bangladesh attained 7.2% GDP growth in the last fiscal year despite ADB’s forecast of 6.9% growth while Bangladesh was able to contain inflation at 5.4% in the last financial year although the Manila-based lending agency earlier had forecast it at 6.1%.
Asian Development Outlook (ADO) 2017 Update released by ADB also said the economies of Bhutan and Myanmar are poised to grow at the highest rate among the Asian countries with 8% GDP growth each in the current fiscal year followed by Uzbekistan with 7.5% and India with 7.4% GDP growth.