The GDP composition of Bangladesh in 2024 portrays a diverse economy. Services dominate at 32.15%, followed by Mining, Manufacturing, and Utilities at 21.1%. Agriculture, hunting, forestry, and fishing contribute 14.78%, while Wholesale and Retail Trade, including Restaurants and Hotels, account for 14.04%. Transport, Storage, and Communication represent 10.27%, with Construction at 7.67%. Year-on-year, the fastest growth has been observed in services and trade sectors, indicating a gradual shift from traditional agricultural reliance. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates robust growth in diversified sectors, highlighting structural economic evolution.
Future trends to watch in Bangladesh's GDP composition include the expanding digital economy within services, boosted by technological advancements and increased foreign investment in sectors beyond traditional textiles. The renewable energy sector also holds potential as the country looks to diversify energy sources.
Top countries in GDP Composition by Sector
# | 6 Countries | Percent | Last Year | |
---|---|---|---|---|
1 | 1 Services | 32.15 | 2016 | |
2 | 2 Mining, Manufacturing, Utilities | 21.1 | 2016 | |
3 | 3 Agriculture, hunting, forestry, fishing | 14.78 | 2016 | |
4 | 4 Wholesale, retail trade, restaurants and hotels | 14.04 | 2016 | |
5 | 5 Transport, storage and communication | 10.27 | 2016 | |
6 | 6 Construction | 7.67 | 2016 |