ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO,IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA,
MINURSO, MONUSCO, NAM, OIC, OPCW, SAARC, SACEP, UN, UNAMID, UNCTAD,
UNESCO, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMIT, UNOCI, UNWTO,
UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Akramul QADER
chancery: 3510 International Drive NW, Washington, DC 20008
telephone: [1] (202) 244–0183
FAX: [1] (202) 244–7830/2771
consulate(s) general: Los Angeles, New York
Diplomatic representation from the US:
chief of mission: Ambassador James F. MORIARTY
embassy: Madani Avenue, Baridhara, Dhaka 1212
mailing address: G. P. O. Box 323, Dhaka 1000
telephone: [880] (2) 885–5500
FAX: [880] (2) 882–3744
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
National anthem:
name: "Amar Shonar Bangla" (My Golden Bengal)
lyrics/music: Rabindranath TAGORE
note: adopted 1971; Rabindranath TAGORE, a Nobel laureate, also wrote India's national anthem
Economy ::Bangladesh
Economy - overview:
The economy has grown 5–6% per year since 1996 despite political instability, poor infrastructure, corruption, 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, 45% of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008–09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis totaling $9.7 billion in FY09 accounted for almost 25% of GDP.
GDP (purchasing power parity):
$259.3 billion (2010 est.) country comparison to the world: 47 $244.6 billion (2009 est.)
$231.4 billion (2008 est.)
note: data are in 2010 US dollars
GDP (official exchange rate):
$105.4 billion (2010 est.)
GDP - real growth rate:
6% (2010 est.) country comparison to the world: 36 5.7% (2009 est.)
6% (2008 est.)
GDP - per capita (PPP):
$1,700 (2010 est.) country comparison to the world: 196 $1,600 (2009 est.)
$1,500 (2008 est.)
note: data are in 2010 US dollars
GDP - composition by sector:
agriculture: 18.4%
industry: 28.7%
services: 52.9% (2010 est.)
Labor force:
73.87 million country comparison to the world: 8 note: extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances estimated at $10.9 billion in 2009–10 (2010 est.)
Labor force - by occupation:
agriculture: 45%
industry: 30%
services: 25% (2008)
Unemployment rate:
5.1% (2010 est.) country comparison to the world: 47 5.1% (2009 est.)
note: about 40% of the population is underemployed; many participants in the labor force work only a few hours a week, at low wages
Population below poverty line:
36.3% (2008 est.)
Household income or consumption by percentage share:
lowest 10%: 8.8%
highest 10%: 26.6% (2008 est.)
Distribution of family income - Gini index:
33.2 (2005) country comparison to the world: 94 33.6 (1996)
Investment (gross fixed):
23.8% of GDP (2010 est.) country comparison to the world: 48
Public debt:
39.3% of GDP (2010 est.) country comparison to the world: 74 39.7% of GDP (2009 est.)
Inflation rate (consumer prices):
8.1% (2010 est.) country comparison to the world: 188 5.4% (2009 est.)
Central bank discount rate:
5% (31 October 2010) country comparison to the world: 86 5% (31 December 2008)
Commercial bank prime lending rate:
14.6% (31 December 2009 est.) country comparison to the world: 38 16.38% (31 December 2008 est.)
Stock of narrow money:
$13.98 billion (31 December 2010 est) country comparison to the world: 67 $10.92 billion (31 December 2009 est)
Stock of broad money:
$57.21 billion (31 December 2010 est.) country comparison to the world: 64 $63.03 billion (31 December 2009)
Stock of domestic credit:
$62.2 billion (31 December 2010 est.) country comparison to the world: 60 $53.77 billion (31 December 2009 est.)
Market value of publicly traded shares:
$7.068 billion (31 December 2009) country comparison to the world: 74 $6.671 billion
