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

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

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Bangladesh (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Bangladesh
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Bangladesh’s manufacturing sector has shown significant growth, from 13.2% of GDP in 1990 to 21.8% in 2022. Rapid industrialization in the textile and garment sectors has driven this expansion, with a sharp increase from 16.8% in 2015 to over 20% by 2017. The sector has continued to strengthen, supported by export-driven policies and a competitive labor market, peaking at 21.8% in 2022. These developments highlight Bangladesh’s rising global manufacturing presence, despite global economic fluctuations.

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