Bangladesh is expected to be the 24th largest economy by 2030: Government

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According to the Government’s National Human Development Report (NHDR), Bangladesh will be the 24th in the world by 2030, despite increased poverty, unemployment and income losses due to the severe effects of the COVID-19 pandemic. It is expected to become a big economy. Economic Relations Sector (ERD). “By 2041, Bangladesh will also be a digital economy,” he said.

Bangladesh is currently experiencing steady economic growth of about 7 percent per year. The $ 35 billion economy in the mid-1990s was $ 330 billion in 2020.

Over the same period, Bangladesh’s per capita income rose nearly seven-fold from $ 300 to $ 2,064. The incidence of poverty dropped from 58% in 1990 to nearly 21% in 2019.

Bangladesh will be the 24th largest in the world by 2030, despite increased poverty, unemployment and income losses due to the severe impact of the COVID-19 pandemic, according to the National Human Development Report produced by the government’s economic sector. It has the potential to change the big economy. .. “By 2041, Bangladesh will also be a digital economy,” he said.

Over the last 30 years, life expectancy in Bangladesh has increased significantly from 1983 to about 72.6 years, and has increased by about 15 years.

According to media reports, NHDR reports that the expected number of years of schooling (the number of years a school-aged child can be expected to be educated) increased from 5 to 11 years between 1990 and 2019. ..

Today, Bangladesh has achieved a life expectancy of 72.6 years, in contrast to India’s 70 and Pakistan’s 67.

The report states that the pandemic is a new challenge that will impact Bangladesh’s future human development journey.

Fiber2Fashion News Desk (DS)

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Bangladesh is expected to be the 24th largest economy by 2030: Government

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