Bangladesh is now the world’s 44th largest economy, notching up 11 steps from the previous year, as per the current prices of gross domestic product buoyed by the consistent growth over the years, according to the International Monetary Fund and the World Bank.
In 2015, the size of the country’s GDP expanded to $205.3bn, which was $185.4bn in 2014 at the 55th position, according to IMF World Economic Outlook Report April, 2015.
In terms of purchasing power parity, Bangladesh secured 33rd place in 2015 by shifting two steps ahead from the 35th position in 2014, the report said.
Commenting on the report, Prime Minister Sheikh Hasina told the Ecnec meeting that Bangladesh has been maintaining over 6% GDP growth since the last six years, which is a great achievement for the country and all the people of the country have contributed to the achievement, said a planning ministry statement.
“We have to take the country’s economy forward through effective management of what resources we have ... and I hope the existing trend of economic development would boost further,” she said.
The statistics showed Bangladesh is ahead of countries like Vietnam, Kazakhstan, Portugal, Qatar, New Zealand and Peru as per the current prices of GDP.
According to the report, the United States holds the first position with a GDP size of $18,124.7bn followed by China with $11,211.9bn, Japan with $4,210.4bn, Germany with $3,413.5bn and United Kingdom with $2,853.4bn.
