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- From Wikipedia, the free encyclopedia The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh 's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
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The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven.
Bangladesh is one of the fastest growing economies in the world. The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity.
Bangladesh, [a] officially the People's Republic of Bangladesh, [b] is a country in South Asia. It is the eighth-most populous country in the world and is among the most densely populated countries with a population of nearly 170 million in an area of 148,460 square kilometres (57,320 sq mi).
- Food Crops
- Commodity Crops
- Edible Oil
- Environmental Issues
- See Also
- References
Although rice, wheat, mango and jute are the primary crops, rice and wheat are mostly main crops or food crops of some countries. Due to the expansion of irrigation networks, some wheat producers have switched to cultivation of maize which is used mostly as poultry feed. Tea is grown in the northeast. Because of Bangladesh's fertile soil and normal...
Coffee
Bangladesh currently cultivates two varieties of coffee, namely Robusta and Arabica, in large scale in the hilly districts: Bandarban, Khagrachhari, Rangamati, and Moulvibazar, while experimental cultivation takes place in Tangail, Rangpur, and Nilphamari, which feature flat terrain. Despite meeting 95 percent of its coffee demand through imports, the country produced 55.75 tonnes of coffee on 118.3 hectares (1.183 km2) of land in the fiscal year 2019–2020, with approximately 2,000 farmers en...
Cashew
Cashew nut cultivation primarily occurs in hilly areas of Bangladesh, with ongoing efforts aimed at expanding production to plains, including areas such as Jessore District.The country produces approximately 1,500 tonnes of cashew fruits annually, engaging over 2,000 farmers in its cultivation. To encourage cashew production, the government has initiated projects and distributes free saplings among farmers. As of 2021, there are 12 factories across the country processing approximately 300 ton...
Mustard oil production in Bangladesh rose by 3.35 lakh tones to 11.52 lakh tones this year, according to the agriculture ministry. Mustard oil output worth Tk 3,000 crore in Bangladesh.
Insecticides
National sales of the classes of insecticide used on rice, including granular carbofuran, synthetic pyrethroids, and malathion exceeded 13,000 tons of formulated product in 2003. Insecticides not only represent an environmental threat, but are a significant expenditure to poor rice farmers. The Bangladesh Rice Research Institute is working with various NGOsand international organisations to reduce insecticide use in rice.
This article incorporates text from this source, which is in the public domain. Country Studies. Federal Research Division.
Bangladesh has demonstrated strong economic fundamentals with a consistent GDP growth rate of above 6% over the last seven years. This Growth in GDP is supported by expanding domestic market and a significant growtu in per capita income.
- Dhaka
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- The People’s Republic of Bangladesh
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Dec 16, 2021 · Published on End Poverty in South Asia. Making of Shonar Bangla – How Bangladesh transformed its economy. Junaid Kamal Ahmad. December 16, 2021. This page in: English. A garment factory in Bangladesh. Today, December 16, 2021, Bangladesh will achieve an important milestone – 50 years of independence.
GDP grew by 6.9% in fiscal year 2021 (FY2021, ended 30 June 2021), up from 3.4% in FY2020. A rise in external trade and swift implementation of fiscal and monetary stimulus in response to the COVID-19 pandemic helped drive solid FY2021 expansion.
