Bangladesh Gdp

...

Some Socio economic Information regarding Bangladesh is depicted here under for a comparison with other countries with whom our company does carry out international business.

BANGLADESH – SOCIO-ECONOMIC DATA (FROM WB)

Details

2013

2014

2015

2016

Population, total (Mn)

157.6

159.4

161.2

163

GNI, PPP (current international Bn $)

48

50.5

54

57

GNI per capita, PPP (current international $)

3170

3340

3550

3790

Life expectancy at birth, total (years)

71

72

72.2

73

GDP (current Bn US$)

174

183

195.08

221.42

GDP growth (annual %)

6.52

6.06

6.55

7.11

Inflation, GDP deflator (annual %)

7.2

5.67

5.9

6.73

Imports of goods and services (% of GDP)

26.8

25.5

24.7

21.3

Domestic credit by financial sector (% of GDP)

57.9

59.7

59.7

60.62

FDI, net inflows (BoP, current Bn US$)

260

253

283

191

Import duties (% of tax revenue)

26.89

26.76

27.9

..

Ease of doing business index

..

..

178

176

GDP per capita (current US$)

955

1084

1210.2

1358.7

Goods imports (BoP, current Bn US$)

3500

3740.64

3762.7

…..

Imports of goods and services(BoP,current US$)

4156

4156

4517.8

4532

Time required to start a business (days)

21.5

19.5

19.5

19.5

Cost to import (US$ per container)

1437

1515

….

….

- Economic factors:

Bangladesh is rich enough in natural resources. But due to lacking in technology they cannot extract properly all these natural resources. Its natural resources is illustrated below:

Natural Gas:It is called that Bangladesh is floating on natural gas. There are so many districts where natural gas is erupting from underground earth.Industry. As of 2015, the natural gas reserves of Bangladesh is 14.16 trillion cubic feet. The country has an average daily natural gas production of around 2,700million cubic feet. The Bibiyana gas field in Habiganj District is the country's largest gas field.But they don’t have latest technology or state of art plant to capture this valuable natural resources in suitable storage capacity plant. When we are dying here for natural gas resources and paying much more for it we can target Bangladesh with a joint venture

[pic 1]

I can find here the scope for a petro business through any JV company for Natural Gas transmission and importing of same through cross country pipe line

Lime stone: Some coastal area of Bangladesh is a good source of limestone based on which cement manufacturing industry can be built up. Saint Martin Island near Cox’s Bazar the famous sea coast tourist place and longest sea beach in Asia is famous for huge stock of limestone that are scattered all around the Island. Also in Bangladesh limestone is found in Taker Ghat, Lalghat and Bangli Bazar of Sylhet area, Jaypurhat

[pic 2]

HilsaFish: Bangladesh has about 700 rivers with one of the largest networks in the world which