Bangladesh GDP Growth Slows to 3.49% in FY25

Bangladesh’s economy expanded by 3.49 percent in the 2024–25 fiscal year, according to the final gross domestic product (GDP) estimate, down from the provisional figure of 3.97 percent.

Data released by the Bangladesh Bureau of Statistics (BBS) also show a slowdown from 4.22 percent growth in FY24 and 5.78 percent in FY23, indicating a continuing deceleration in economic activity.

At current prices, the size of the economy reached Tk 55,15,062 crore (USD 456 billion) in FY25, compared with Tk 50,02,654 crore (USD 450 billion) a year earlier.

The agriculture sector grew by 2.42 percent, higher than the provisional estimate of 1.79 percent but below the 3.30 percent recorded in FY24 and 3.37 percent in FY23.

Industrial growth stood at 3.71 percent, lower than the provisional 4.34 percent but slightly above the 3.51 percent achieved in the previous fiscal year. However, it remained far below the robust 8.37 percent growth recorded in FY23.

Growth in the services sector slowed to 4.35 percent, marginally below the provisional estimate of 4.51 percent and down from 5.09 percent in FY24 and 5.37 percent in FY23.

The final GDP estimate, calculated using the expenditure method, shows weakening investment and savings indicators. The investment-to-GDP ratio fell to 28.54 percent from 30.70 percent in FY24 and 30.95 percent in FY23.

Domestic savings declined to 21.98 percent of GDP from 23.96 percent, while the national savings ratio dropped to 27.67 percent from 28.42 percent over the same period.

Per capita income at current prices rose to Tk 334,511 (USD 2,769) in FY25 from Tk 304,102 (USD 2,738) in FY24 and Tk 273,360 in FY23.

Overall, per capita income increased by Tk 30,409 in local currency terms, while the year-on-year gain in dollar terms was USD 31.