Bangladesh FlagBangladesh

My Golden Bengal.

 

General


Population: 166,280,712 (2014), 163,654,860 (2013)
Land Area: 144,000 sq km
Natural Resources: Natural gas, arable land, timber, coal
Capital: Dhaka
Political System: Parliamentary Democracy
State Leader: Abdul Hamid (April 24th 2013)
Head of Government: Sheikh Hasina (January 6th 2009)
Languages: Bangla, English
Currency: Taka (BDT)
Major Religions: Muslim 83%, Hindu 16%, Other 1%
Major Ethnicities: Bengali 98%, Other 2%
Life Expectancy: 70.65 years (2014), 70.36 years (2013)

Economy


GDP Official Exchange Rate: 140.2 billion (2013), 118.7 billion (2012)
GDP Purchasing Power Parity: 324.6 billion (2013), 305.5 billion (2012)
GDP Per Capita (PPP): 2,100 (2013), 2,000 (2012)
GDP Growth Rate: 5.8% (2013), 6.1% (2012)
GDP Structure: Agriculture 17.2%, Industry 28.9%, Services 53.9% (2013)
Labour Force By Occupation: Agriculture 47%, Industry 13%, Services 40% (2010)
Industries: Cotton textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizer, light engineering, sugar
Agriculture Products: Rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
Human Development Index: 0.558 (142nd)(2014), 0.515 (146th)(2013)
Tourism Revenue: 57 million (2002)
Unemployment Rate: 5% (2013)

MilitaryBangladesh Map


Army Size: 125 500 (2004)
Budget: 1.5% of GDP (2006)

Current Situation

 

Bangladesh is located in South Asia, Bangladesh is bordered by India and Myanmar. Bangladesh is one of the most densely populated countries in the world and has a very high poverty rate. Bangladesh's economy is growing steadily, in part due to more stability. The economy is dominated by the garment industry and agriculture, there is also more foreign investments made in Bangladesh, notably in the natural gas sector. (2014) Economic growth remains robust despite rampant corruption and weak state instututions, foreign investments remain extremely strong and new investments in the shipbuilding industry combined with a planned deep water port to service the regions shipping needs will continue to spur the economy going forward.

Thoughts & Comments

 

Sources

CIA World Factbook: Bangladesh
Wikipedia: Bangladesh
http://hdrstats.undp.org/en/countries/profiles/BGD.html

Updated on: July 19th, 2014