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WEEKLY NEWSLETTER
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Bangladesh Index
After West Pakistani owners of industrial enterprises fled in
1971, the government of Bangladesh seized their plants as abandoned
properties. The government suddenly found itself managing and
operating more than 300 medium- and large-scale industrial plants,
which represented nearly 90 percent of the value of all such
enterprises in the new nation. It organized public corporations to
oversee the major industries: jute, textiles, sugar, steel, paper
and paperboard, fertilizer, chemicals, pharmaceuticals, engineering
and shipbuilding, minerals, oil and gas, food and allied products,
and forest products. With government control over major industries
and massive inputs of foreign aid, the economy gradually returned
to the levels of the late 1960s, but it was still among the world's
poorest and least developed countries.
The main government institution responsible for coordinating
national rehabilitation and development was the Planning
Commission. Sheikh Mujibur Rahman (Mujib), the first president of
Bangladesh, led the formation of the national-level Planning
Commission, which prepared plans that directed economic priorities
for five-year periods. The First Five-Year Plan covered the period
July 1973 to June 1978. It was succeeded by a two-year plan,
covering the period July 1978 to June 1980, which was followed by
a year-long hiatus. The Second Five-Year Plan (1981-85) and the
Third Five-Year Plan (1985-90) put the planning process back on
track. The broad objectives of the Third Five-Year Plan were to
reduce poverty, bring down the rate of population growth to 1.8
percent annually, increase exports by 5.9 percent and domestic
savings by 10 percent, attain self-sufficiency in food production,
and realize an annual growth of the gross domestic product
(GDP-- see Glossary)
of 5.4 percent. These ambitious goals went well
beyond the previous actual performance of the economy.
Five-year plans are financed through the development, or
capital budget, which was separate from the government's revenue,
or administrative, budget. The Third Five-Year Plan envisaged a
total outlay of more than US$12 billion, approximately 65 percent
of which was destined for public sector projects. About 55 percent
of the needed funds were to come from foreign sources, including
private investment, the aid programs of international financial
institutions, and bilateral donor nations. Foreign commitments in
the early and mid-1980s were around US$1.7 billion per year
(exclusive of external private investment, which in any case was
not significant). The portion of the development budget to come
from domestic sources (45 percent) represented a substantial
increase from the 15 to 20 percent of earlier development budgets.
The Planning Commission translates the multiyear development
plan into public investment through the Annual Development
Programme. The commission also ensures that public programs and
policies are in conformity with its long-term strategy through its
project approval process and through its advisory position on the
country's highest economic decision-making bodies, the National
Economic Council and its Executive Committee. The National Economic
Council in the late 1980s was chaired by the president of
Bangladesh and included all government ministers plus the governor
of the Bangladesh Bank and the deputy chairman and members of the
Planning Commission. The Executive Committee of the National
Economic Council made most of the decisions on major development
projects and development issues in general. The committee included
the ministers of key economic sectors (finance, planning,
industries, commerce, and public works) and, according to the
agenda, any other sectors concerned. A third organization involved
in the planning mechanism is the Project Evaluation Committee,
which monitors the progress of five-year-plan programs.
Data as of September 1988
Country boats on the Buriganga River; larger craft can be
seen in the background
Courtesy Biman Bangladesh Airlines
Economic Policy and Planning
After West Pakistani owners of industrial enterprises fled in
1971, the government of Bangladesh seized their plants as abandoned
properties. The government suddenly found itself managing and
operating more than 300 medium- and large-scale industrial plants,
which represented nearly 90 percent of the value of all such
enterprises in the new nation. It organized public corporations to
oversee the major industries: jute, textiles, sugar, steel, paper
and paperboard, fertilizer, chemicals, pharmaceuticals, engineering
and shipbuilding, minerals, oil and gas, food and allied products,
and forest products. With government control over major industries
and massive inputs of foreign aid, the economy gradually returned
to the levels of the late 1960s, but it was still among the world's
poorest and least developed countries.
The main government institution responsible for coordinating
national rehabilitation and development was the Planning
Commission. Sheikh Mujibur Rahman (Mujib), the first president of
Bangladesh, led the formation of the national-level Planning
Commission, which prepared plans that directed economic priorities
for five-year periods. The First Five-Year Plan covered the period
July 1973 to June 1978. It was succeeded by a two-year plan,
covering the period July 1978 to June 1980, which was followed by
a year-long hiatus. The Second Five-Year Plan (1981-85) and the
Third Five-Year Plan (1985-90) put the planning process back on
track. The broad objectives of the Third Five-Year Plan were to
reduce poverty, bring down the rate of population growth to 1.8
percent annually, increase exports by 5.9 percent and domestic
savings by 10 percent, attain self-sufficiency in food production,
and realize an annual growth of the gross domestic product
(GDP-- see Glossary)
of 5.4 percent. These ambitious goals went well
beyond the previous actual performance of the economy.
Five-year plans are financed through the development, or
capital budget, which was separate from the government's revenue,
or administrative, budget. The Third Five-Year Plan envisaged a
total outlay of more than US$12 billion, approximately 65 percent
of which was destined for public sector projects. About 55 percent
of the needed funds were to come from foreign sources, including
private investment, the aid programs of international financial
institutions, and bilateral donor nations. Foreign commitments in
the early and mid-1980s were around US$1.7 billion per year
(exclusive of external private investment, which in any case was
not significant). The portion of the development budget to come
from domestic sources (45 percent) represented a substantial
increase from the 15 to 20 percent of earlier development budgets.
The Planning Commission translates the multiyear development
plan into public investment through the Annual Development
Programme. The commission also ensures that public programs and
policies are in conformity with its long-term strategy through its
project approval process and through its advisory position on the
country's highest economic decision-making bodies, the National
Economic Council and its Executive Committee. The National Economic
Council in the late 1980s was chaired by the president of
Bangladesh and included all government ministers plus the governor
of the Bangladesh Bank and the deputy chairman and members of the
Planning Commission. The Executive Committee of the National
Economic Council made most of the decisions on major development
projects and development issues in general. The committee included
the ministers of key economic sectors (finance, planning,
industries, commerce, and public works) and, according to the
agenda, any other sectors concerned. A third organization involved
in the planning mechanism is the Project Evaluation Committee,
which monitors the progress of five-year-plan programs.
Data as of September 1988
- Bangladesh-Government Budget Process
- Bangladesh-Rural Society
- Bangladesh-Inland Waterways and Ports TRANSPORTATION AND COMMUNICATIONS
- Bangladesh-Biofuels
- Bangladesh-Telecommunications
- Bangladesh-Aid Dependence
- Bangladesh-Industrial Crops
- Bangladesh-Women in Politics
- Bangladesh-The Zia Regime and Its Aftermath, 1977-82
- Bangladesh-United States
- Bangladesh-Population Control
- Bangladesh-Constitution STRUCTURE OF GOVERNMENT
- Bangladesh-Social Classes and Stratification
- Bangladesh-Health Care Facilities
- Bangladesh-Export Sectors FOREIGN TRADE
- Bangladesh-Awami League
- Bangladesh-THE MILITARY IN THE LATE 1980s
- Bangladesh-Foreign Governments and Private Donors
- Bangladesh-Defense Spending
- Bangladesh-ACKNOWLEDGMENTS
- Bangladesh-Legislature
- Bangladesh-Reappraisal of British Policy
- Bangladesh-Violence and Crime PUBLIC ORDER AND INTERNAL SECURITY
- Bangladesh-Development Budget
- Bangladesh-Education Planning and Policy
- Bangladesh-Wheat
- Bangladesh-BANGLADESH
- Bangladesh-The "Revolution" of Ayub Khan, 1958-66
- Bangladesh-Islam
- Bangladesh-Economic Reconstruction after Independence
- Bangladesh-THE NATIONALIST MOVEMENT AND THE RISE OF MUSLIM CONSCIOUSNESS, 1857-1947
- Bangladesh-Hinduism
- Bangladesh-Transition to Nationhood, 1947-58 PAKISTAN PERIOD, 1947-71
- Bangladesh-Bangladesh Rifles
- Bangladesh-Navy
- Bangladesh-Colonial Origins ARMED FORCES AND SOCIETY
- Bangladesh-Criminal Justice
- Bangladesh-PROBLEMS AND PROSPECTS
- Bangladesh-Tourism
- Bangladesh-Foreign Acquisitions and Ties
- Bangladesh-Chapter 5 - National Security
- Bangladesh-Foreword
- Bangladesh-United Nations
- Bangladesh-Society
- Bangladesh-Party Politics
- Bangladesh-Postindependence Period
- Bangladesh-The British Raj
- Bangladesh-Recruitment
- Bangladesh-Insurgency in the Chittagong Hills
- Bangladesh-Technological Advances
- Bangladesh-The Land GEOGRAPHY
- Bangladesh-Buddhism
- Bangladesh-Jute
- Bangladesh-Local Elites POLITICAL DYNAMICS
- Bangladesh-Historical Perspective ECONOMIC CONTEXT
- Bangladesh-National Security
- Bangladesh-Economic Policy and Planning MANAGING THE ECONOMY
- Bangladesh-Population Structure and Settlement Patterns POPULATION
- Bangladesh-FOREIGN POLICY
- Bangladesh-Achieving Stability, 1982-83 THE ERSHAD PERIOD
- Bangladesh-Geography
- Bangladesh-Restoration of Military Rule, 1975-77
- Bangladesh-Early Independence Period, 1971-72 BIRTH OF BANGLADESH
- Bangladesh-Islam in Bangladesh
- Bangladesh-Ansars
- Bangladesh-Coal
- Bangladesh-Other Industries
- Bangladesh-Islamic Parties
- Bangladesh-The British Legacy EDUCATION
- Bangladesh-Western Europe, Canada, Australia, and New Zealand
- Bangladesh-Early Settlements EUROPEAN COLONIZATION, 1757-1857
- Bangladesh-The Superpowers
- Bangladesh-Disease and Disease Control
- Bangladesh-Railroads
- Bangladesh-Executive
- Bangladesh-Chapter 3 - The Economy
- Bangladesh-Other Nations
- Bangladesh-Balance and Terms of Trade
- Bangladesh-River Systems
- Bangladesh-Early Developments in Islam
- Bangladesh-Two Nations Concept, 1930-47
- Bangladesh-Education System
- Bangladesh -Country Profile
- Bangladesh-Mission
- Bangladesh-Civil Aviation
- Bangladesh-Council of Ministers
- Bangladesh-Medical Education and Training
- Bangladesh-Police
- Bangladesh-China and Other Asian Nations
- Bangladesh-Transportation and Communications
- Bangladesh-EARLY HISTORY, 1000 B.C.-A.D - 1202
- Bangladesh-Fall of the Bangabandhu, 1972-75
- Bangladesh-Other Export Industries
- Bangladesh-Chapter 2 - The Society and Its Environment
- Bangladesh-Role of English and Arabic in Education
- Bangladesh-A Great Divide in South Asian History THE UPRISING OF 1857
- Bangladesh-Chapter 4 - Government and Politics
- Bangladesh-Bangladesh National Party
- Bangladesh-The Division of Bengal, 1905-12
- Bangladesh-Transition to a New Social Order SOCIAL SYSTEM
- Bangladesh-Pakistan Era
- Bangladesh-Test Case for Development FOREIGN ASSISTANCE
- Bangladesh-Ready-made Garments
- Bangladesh
- Bangladesh-Civil Service
- Bangladesh-AUXILIARY FORCES
- Bangladesh-Alliances
- Bangladesh-Government and Politics
- Bangladesh-More Opposition Pressure
- Bangladesh-Table A - Chronology of Important Events
- Bangladesh-Other Food Crops
- Bangladesh
- Bangladesh-Road Transportation
- Bangladesh-Mineral Development
- Bangladesh-Air Force
- Bangladesh-Traditional Sectors INDUSTRY
- Bangladesh-Leftist Parties
- Bangladesh-Seafood
- Bangladesh-Urban Society
- Bangladesh-Ethnicity and Linguistic Diversity
- Bangladesh-Garments
- Bangladesh
- Bangladesh-Relaxation of Martial Law, 1986-87
- Bangladesh
- Bangladesh-The National Party
- Bangladesh-HEALTH
- Bangladesh-The Islamic World
- Bangladesh-Army THE THREE SERVICES
- Bangladesh-Chapter 1 - Historical Setting
- Bangladesh
- Bangladesh-The Banking System
- Bangladesh-Fisheries
- Bangladesh-The Liberation War
- Bangladesh
- Bangladesh-Local Administration
- Bangladesh-International Organizations
- Bangladesh-Economy
- Bangladesh-The War for Bangladeshi Independence, 1971
- Bangladesh
- Bangladesh-Money and Banking
- Bangladesh-Introduction
- Bangladesh-Family, Household, and Kinship
- Bangladesh-Electric Power
- Bangladesh-Security Environment
- Bangladesh-Christianity
- Bangladesh-Pakistan
- Bangladesh-Joint Ventures and Foreign Investment
- Bangladesh-Religious Education
- Bangladesh-Climate
- Bangladesh-Aid-to-Civil Roles
- Bangladesh-Religion and Society RELIGION
- Bangladesh
- Bangladesh-Food Crops
- Bangladesh-THE MEDIA
- Bangladesh-Bilateral Investment
- Bangladesh-Structure of Agricultural Production AGRICULTURE
- Bangladesh
- Bangladesh-Legal Basis ORGANIZATION OF THE ARMED FORCES
- Bangladesh-PREFACE
- Bangladesh-Judiciary
- Bangladesh-South and Southeast Asia
Background | | Europeans began to set up trading posts in the area of Bangladesh in the 16th century; eventually the British came to dominate the region and it became part of British India. In 1947, West Pakistan and East Bengal (both primarily Muslim) separated from India (largely Hindu) and jointly became the new country of Pakistan. East Bengal became East Pakistan in 1955, but the awkward arrangement of a two-part country with its territorial units separated by 1,600 km left the Bengalis marginalized and dissatisfied. East Pakistan seceded from its union with West Pakistan in 1971 and was renamed Bangladesh. A military-backed, emergency caretaker regime suspended parliamentary elections planned for January 2007 in an effort to reform the political system and root out corruption. In contrast to the strikes and violent street rallies that had marked Bangladeshi politics in previous years, the parliamentary elections finally held in late December 2008 were mostly peaceful and Sheikh HASINA Wajed was reelected prime minister. About a third of this extremely poor country floods annually during the monsoon rainy season, hampering economic development.
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Location | | Southern Asia, bordering the Bay of Bengal, between Burma and India
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Area(sq km) | | total: 143,998 sq km land: 130,168 sq km water: 13,830 sq km
|
Geographic coordinates | | 24 00 N, 90 00 E
|
Land boundaries(km) | | total: 4,246 km border countries: Burma 193 km, India 4,053 km
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Coastline(km) | | 580 km
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Climate | | tropical; mild winter (October to March); hot, humid summer (March to June); humid, warm rainy monsoon (June to October)
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Elevation extremes(m) | | lowest point: Indian Ocean 0 m highest point: Keokradong 1,230 m
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Natural resources | | natural gas, arable land, timber, coal
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Land use(%) | | arable land: 55.39% permanent crops: 3.08% other: 41.53% (2005)
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Irrigated land(sq km) | | 47,250 sq km (2003)
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Total renewable water resources(cu km) | | 1,210.6 cu km (1999)
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Freshwater withdrawal (domestic/industrial/agricultural) | | total: 79.4 cu km/yr (3%/1%/96%) per capita: 560 cu m/yr (2000)
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Natural hazards | | droughts; cyclones; much of the country routinely inundated during the summer monsoon season
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Environment - current issues | | many people are landless and forced to live on and cultivate flood-prone land; waterborne diseases prevalent in surface water; water pollution, especially of fishing areas, results from the use of commercial pesticides; ground water contaminated by naturally occurring arsenic; intermittent water shortages because of falling water tables in the northern and central parts of the country; soil degradation and erosion; deforestation; severe overpopulation
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Environment - international agreements | | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
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Geography - note | | most of the country is situated on deltas of large rivers flowing from the Himalayas: the Ganges unites with the Jamuna (main channel of the Brahmaputra) and later joins the Meghna to eventually empty into the Bay of Bengal
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Population | | 156,050,883 (July 2009 est.)
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Age structure(%) | | 0-14 years: 34.6% (male 27,065,625/female 26,913,961) 15-64 years: 61.4% (male 45,222,182/female 50,537,052) 65 years and over: 4% (male 3,057,255/female 3,254,808) (2009 est.)
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Median age(years) | | total: 23.3 years male: 22.9 years female: 23.5 years (2009 est.)
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Population growth rate(%) | | 1.292% (2009 est.)
|
Birth rate(births/1,000 population) | | 24.68 births/1,000 population (2009 est.)
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Death rate(deaths/1,000 population) | | 9.23 deaths/1,000 population (July 2009 est.)
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Net migration rate(migrant(s)/1,000 population) | | -2.53 migrant(s)/1,000 population (2009 est.)
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Urbanization(%) | | urban population: 27% of total population (2008) rate of urbanization: 3.5% annual rate of change (2005-10 est.)
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Sex ratio(male(s)/female) | | at birth: 1.04 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.9 male(s)/female 65 years and over: 0.94 male(s)/female total population: 0.93 male(s)/female (2009 est.)
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Infant mortality rate(deaths/1,000 live births) | | total: 59.02 deaths/1,000 live births male: 66.12 deaths/1,000 live births female: 51.64 deaths/1,000 live births (2009 est.)
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Life expectancy at birth(years) | | total population: 60.25 years male: 57.57 years female: 63.03 years (2009 est.)
|
Total fertility rate(children born/woman) | | 2.74 children born/woman (2009 est.)
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Nationality | | noun: Bangladeshi(s) adjective: Bangladeshi
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Ethnic groups(%) | | Bengali 98%, other 2% (includes tribal groups, non-Bengali Muslims) (1998)
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Religions(%) | | Muslim 83%, Hindu 16%, other 1% (1998)
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Languages(%) | | Bangla (official, also known as Bengali), English
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Country name | | conventional long form: People's Republic of Bangladesh conventional short form: Bangladesh local long form: Gana Prajatantri Banladesh local short form: Banladesh former: East Bengal, East Pakistan
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Government type | | parliamentary democracy
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Capital | | name: Dhaka geographic coordinates: 23 43 N, 90 24 E time difference: UTC+6 (11 hours ahead of Washington, DC during Standard Time)
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Administrative divisions | | 6 divisions; Barisal, Chittagong, Dhaka, Khulna, Rajshahi, Sylhet
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Constitution | | 4 November 1972; effective 16 December 1972; suspended following coup of 24 March 1982; restored 10 November 1986; amended many times
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Legal system | | based on English common law; has not accepted compulsory ICJ jurisdiction
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Suffrage | | 18 years of age; universal
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Executive branch | | chief of state: President Zillur RAHMAN (since 12 February 2009) head of government: Prime Minister Sheikh HASINA Wajed (since 6 January 2009) cabinet: Cabinet selected by the prime minister and appointed by the president elections: president elected by National Parliament for a five-year term (eligible for a second term); last election held on 11 February 2009 (next scheduled election to be held in 2014) election results: Zillur RAHMAN declared president-elect by the Election Commission on 11 February 2009 (sworn in on 12 February); he ran unopposed as president; percent of National Parliament vote - NA
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Legislative branch | | unicameral National Parliament or Jatiya Sangsad; 300 seats elected by popular vote from single territorial constituencies; members serve five-year terms elections: last held 29 December 2008 (next to be held in 2013) election results: percent of vote by party - AL 49%, BNP 33.2%, JP 7%, JIB 4.6%, other 6.2%; seats by party - AL 230, BNP 30, JP 27, JIB 2, other 11
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Judicial branch | | Supreme Court (the chief justices and other judges are appointed by the president)
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Political pressure groups and leaders | | Advocacy to End Gender-based Violence through the MoWCA (Ministry of Women's and Children's Affairs) other: environmentalists; Islamist groups; religious leaders; teachers; union leaders
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International organization participation | | ADB, ARF, BIMSTEC, C, CP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURCAT, MINURSO, MONUC, NAM, OIC, OPCW, SAARC, SACEP, UN, UNAMID, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMIT, UNOCI, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
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Flag description | | green field with a large red disk shifted slightly to the hoist side of center; the red disk represents the rising sun and the sacrifice to achieve independence; the green field symbolizes the lush vegetation of Bangladesh
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Economy - overview | | The economy has grown 5-6% per year since 1996 despite inefficient state-owned enterprises, delays in exploiting natural gas resources, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, nearly two-thirds of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product. Garment exports and remittances from Bangladeshis working overseas, mainly in the Middle East and East Asia, fuel economic growth. In 2008 Bangladesh pursued a monetary policy aimed at maintaining high employment, but created higher inflation in the process.
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GDP (purchasing power parity) | | $226.4 billion (2008 est.) $214 billion (2007 est.) $201.5 billion (2006 est.) note: data are in 2008 US dollars
|
GDP (official exchange rate) | | $84.2 billion (2008 est.)
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GDP - real growth rate(%) | | 5.8% (2008 est.) 6.2% (2007 est.) 6.4% (2006 est.)
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GDP - per capita (PPP) | | $1,500 (2008 est.) $1,400 (2007 est.) $1,300 (2006 est.) note: data are in 2008 US dollars
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GDP - composition by sector(%) | | agriculture: 19.1% industry: 28.6% services: 52.3% (2008 est.)
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Labor force | | 70.86 million note: extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances estimated at $4.8 billion in 2005-06. (2008 est.)
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Labor force - by occupation(%) | | agriculture: 63% industry: 11% services: 26% (FY95/96)
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Unemployment rate(%) | | 2.5% (2008 est.) 2.5% (2007 est.)
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Population below poverty line(%) | | 45% (2004 est.)
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Household income or consumption by percentage share(%) | | lowest 10%: 4.3% highest 10%: 26.6% (2005)
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Distribution of family income - Gini index | | 33.2 (2005) 33.6 (1996)
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Investment (gross fixed)(% of GDP) | | 24.3% of GDP (2008 est.)
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Budget | | revenues: $8.825 billion expenditures: $12.54 billion (2008 est.)
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Inflation rate (consumer prices)(%) | | 8.9% (2008 est.) 9.1% (2007 est.)
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Stock of money | | $9.294 billion (31 December 2008) $8.444 billion (31 December 2007)
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Stock of quasi money | | $37.98 billion (31 December 2008) $32.35 billion (31 December 2007)
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Stock of domestic credit | | $47.03 billion (31 December 2008) $40.1 billion (31 December 2007)
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Market value of publicly traded shares | | $6.671 billion (31 December 2008) $6.793 billion (31 December 2007) $3.61 billion (31 December 2006)
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Economic aid - recipient | | $1.321 billion (2005)
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Public debt(% of GDP) | | 39.4% of GDP (2008 est.) 43% of GDP (2004 est.)
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Agriculture - products | | rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry
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Industries | | cotton textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizer, light engineering, sugar
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Industrial production growth rate(%) | | 6.9% (2008 est.)
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Current account balance | | $1.032 billion (2008 est.) $856.8 million (2007 est.)
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Exports | | $15.44 billion (2008 est.) $12.47 billion (2007 est.)
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Exports - commodities(%) | | garments, jute and jute goods, leather, frozen fish and seafood
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Exports - partners(%) | | US 21%, Germany 13.2%, UK 8.6%, France 6.3%, Netherlands 4.7% (2008)
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Imports | | $21.51 billion (2008 est.) $16.67 billion (2007 est.)
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Imports - commodities(%) | | machinery and equipment, chemicals, iron and steel, textiles, foodstuffs, petroleum products, cement
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Imports - partners(%) | | China 14.7%, India 14.7%, Kuwait 7.5%, Singapore 7.1%, Japan 4.1% (2008)
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Reserves of foreign exchange and gold | | $5.789 billion (31 December 2008 est.) $5.278 billion (31 December 2007 est.)
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Debt - external | | $22.83 billion (31 December 2008 est.) $21.23 billion (31 December 2007 est.)
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Stock of direct foreign investment - at home | | $5.971 billion (31 December 2008 est.) $5.261 billion (31 December 2007 est.)
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Stock of direct foreign investment - abroad | | $97 million (31 December 2008 est.)
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Exchange rates | | taka (BDT) per US dollar - 68.554 (2008 est.), 69.893 (2007), 69.031 (2006), 64.328 (2005), 59.513 (2004)
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Currency (code) | | taka (BDT)
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Telephones - main lines in use | | 1.39 million (2009)
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Telephones - mobile cellular | | 45.75 million (2009)
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Telephone system | | general assessment: inadequate for a modern country; fixed-line telephone density remains less than 1 per 100 persons; mobile-cellular telephone subscribership has been increasing rapidly and has reached 30 per 100 persons domestic: modernizing; introducing digital systems; trunk systems include VHF and UHF microwave radio relay links, and some fiber-optic cable in cities international: country code - 880; landing point for the SEA-ME-WE-4 fiber-optic submarine cable system that provides links to Europe, the Middle East, and Asia; satellite earth stations - 6; international radiotelephone communications and landline service to neighboring countries (2008)
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Internet country code | | .bd
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Internet users | | 556,000 (2008)
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Airports | | 17 (2009)
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Pipelines(km) | | gas 2,597 km (2008)
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Roadways(km) | | total: 239,226 km paved: 22,726 km unpaved: 216,500 km (2003)
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Ports and terminals | | Chittagong, Mongla Port
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Military branches | | Bangladesh Defense Force: Bangladesh Army (Sena Bahini), Bangladesh Navy (Noh Bahini, BN), Bangladesh Air Force (Biman Bahini, BAF) (2009)
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Military service age and obligation(years of age) | | 16 years of age for voluntary military service; 17 years of age for officers (both with parental consent); conscription legally possible in emergency, but has never been implemented (2008)
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Manpower available for military service | | males age 16-49: 41,199,340 (2008 est.)
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Manpower fit for military service | | males age 16-49: 24,946,041 females age 16-49: 31,409,069 (2009 est.)
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Manpower reaching militarily significant age annually | | male: 1,538,865 female: 1,666,670 (2009 est.)
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Military expenditures(% of GDP) | | 1.5% of GDP (2006)
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Disputes - international | | discussions with India remain stalled to delimit a small section of river boundary, exchange territory for 51 small Bangladeshi exclaves in India and 111 small Indian exclaves in Bangladesh, allocate divided villages, and stop illegal cross-border trade, migration, violence, and transit of terrorists through the porous border; Bangladesh protests India's fencing and walling off high-traffic sections of the porous boundary; a joint Bangladesh-India boundary commission resurveyed and reconstructed 92 missing pillars in 2007; dispute with India over New Moore/South Talpatty/Purbasha Island in the Bay of Bengal deters maritime boundary delimitation; after 21 years, Bangladesh resumes talks with Burma on delimiting a maritime boundary
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Refugees and internally displaced persons | | refugees (country of origin): 26,268 (Burma) IDPs: 65,000 (land conflicts, religious persecution) (2007)
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Electricity - production(kWh) | | 22.99 billion kWh (2007 est.)
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Electricity - production by source(%) | | fossil fuel: 93.7% hydro: 6.3% nuclear: 0% other: 0% (2001)
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Electricity - consumption(kWh) | | 21.38 billion kWh (2007 est.)
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Electricity - exports(kWh) | | 0 kWh (2008 est.)
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Electricity - imports(kWh) | | 0 kWh (2008 est.)
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Oil - production(bbl/day) | | 6,426 bbl/day (2008 est.)
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Oil - consumption(bbl/day) | | 95,000 bbl/day (2008 est.)
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Oil - exports(bbl/day) | | 2,612 bbl/day (2007 est.)
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Oil - imports(bbl/day) | | 87,660 bbl/day (2007 est.)
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Oil - proved reserves(bbl) | | 28 million bbl (1 January 2009 est.)
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Natural gas - production(cu m) | | 17.9 billion cu m (2008 est.)
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Natural gas - consumption(cu m) | | 17.9 billion cu m (2008 est.)
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Natural gas - exports(cu m) | | 0 cu m (2008)
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Natural gas - proved reserves(cu m) | | 141.6 billion cu m (1 January 2009 est.)
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HIV/AIDS - adult prevalence rate(%) | | less than 0.1% (2001 est.)
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HIV/AIDS - people living with HIV/AIDS | | 12,000 (2007 est.)
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HIV/AIDS - deaths | | fewer than 500 (2007 est.)
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Major infectious diseases | | degree of risk: high food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A and E, and typhoid fever vectorborne diseases: dengue fever and malaria are high risks in some locations water contact disease: leptospirosis animal contact disease: rabies note: highly pathogenic H5N1 avian influenza has been identified in this country; it poses a negligible risk with extremely rare cases possible among US citizens who have close contact with birds (2009)
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Literacy(%) | | definition: age 15 and over can read and write total population: 47.9% male: 54% female: 41.4% (2001 Census)
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School life expectancy (primary to tertiary education)(years) | | total: 8 years male: 8 years female: 8 years (2004)
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Education expenditures(% of GDP) | | 2.7% of GDP (2005)
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