Agriculture Sector Contribution to GDP in Bangladesh (1990-2022)

Agriculture Sector Contribution to GDP in Bangladesh (1990-2022)

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TGM StatBox. (2024). Agriculture Sector Contribution to GDP in Bangladesh (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Bangladesh
Published date: 2024
Note: Agriculture (% of GDP), according to World Development Indicators, measures the contribution of the agricultural sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of activities such as farming, forestry, and fishing, indicating the value generated by agriculture relative to the overall economy.
Key Takeaways
Bangladesh saw a significant decline in agriculture's contribution to GDP, from 30.5% in 1990 to 11.2% by 2022. This shift reflects rapid industrialization and growth in the garment sector, alongside policies promoting economic diversification. The early 2000s marked a shift towards manufacturing, which continued to reduce agriculture’s share despite its vital role in rural employment.

Agriculture's steady decline showcases Bangladesh's economic transformation, although the sector remains crucial for food security and rural development. Recent stability around 12% highlights ongoing productivity improvements even as the country urbanizes.

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