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Home International Customs

Bangladesh ranked 2nd with 7% GDP growth: IMF

byCustoms Today Report
29/01/2015
in International Customs
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DHAKA: Bangladesh ranked at second place in the top 10 of growth rate with 7 percent GDP, according to IMF report.

According to an IMF projection Bangladesh will record the second highest growth in the world in 2019 with 7%. Iraq will top the list that year with 9.2% growth. The report only includes countries with a GDP worth over $100 billion (Tk7.8 lakh crore).

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Qatar topped the list in 2010 and 2011 to be replaced by Iraq in 2012. Ranging back to 2002, the graph shows Bangladesh among the top growers in 2012 with 6.1%.

The following year, Bangladesh ranked 6th despite its slightly lower GDP growth of 5.8%.

In 2014 Bangladesh ranked 4th with 6% while China topped the list with 7.5%. Unlike most of the other top growing economies Bangladesh is projected to maintain a steady growth of over 6% rising to 6.5% in 2015 and then holding it at an impressive 7% between 2017 and 2019.

Tags: 2nd place7GDPhighest growth rate

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