(July 26, 2007) Bangladesh could join the ranks of middle-income countries (MICs) within a decade (by 2016) or some time soon after. This will require raising GDP growth to and sustaining it at 7.5% or more.
Facts: -Per-capita (inflation-adjusted) GDP has more than doubled since 1975. -Dhaka and other urban centers have been the driving force behind this growth. -Poverty rate has fallen by 20 % since the early 1990s. -Merchandize exports to GDP ratio has increased to 18% in 2006 from just 6% in 1990. -Manufacturing sector contributes about 16% to national GDP. -Unemployment rate is only 4% and have been consistently low.