Bangladesh economy grew 3.49% in FY25

Bangladesh’s economy grew 3.49 percent in the fiscal year 2024–25, the slowest expansion in at least three years, owing to weaker performances in the agriculture and services sectors.

The final estimate of gross domestic product (GDP), a measure of the final value of goods and services produced in an economy in a certain period, is lower than the provisional estimate of 3.97 percent estimated earlier by the Bangladesh Bureau of Statistics (BBS).

The national statistical agency released the final calculation of GDP today, saying that only the industrial sector grew at a faster pace in the fiscal year 2024–25 than in the previous year.

Factory output increased by 3.71 percent in FY25, up 0.20 percentage points from the previous year.

Agriculture, the second-biggest employing sector, recorded 2.42 percent growth in FY25, down from 3.30 percent a year earlier.

The services sector, the biggest contributor to GDP, expanded by 4.35 percent in the last fiscal year, slower than the 5.09 percent recorded in FY24.

In FY24, the economy grew 4.22 percent, said the BBS.

For the current fiscal year 2025–26, sluggish economic growth is projected to continue, according to forecasts by multilateral agencies such as the International Monetary Fund.