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

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

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Bangladesh (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Bangladesh
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Bangladesh's industry sector contribution increased substantially, rising from 20.1% in 1990 to 33.9% in 2022. This growth is fueled by the country’s expanding textile and garment industry, benefiting from low-cost labor and favorable export policies. Rapid industrialization, including significant growth in manufacturing, has driven economic diversification. Government initiatives supporting industrial growth and foreign investment have sustained this upward trend, marking Bangladesh as a growing player in global manufacturing markets.

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