Bangladesh (by 2016)

21. Oktober 2008 2 21 /10 /Oktober /2008 00:55

	Report Summary:
	(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.

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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.

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