The Bangladesh Bureau of Statistics (BBS) has initiated its fourth Economic Census, targeting data collection from 1.22 crore economic units across 4 crore households nationwide. This extensive initiative, running until December 26, incorporates informal sectors, online businesses, and foreign worker data for the first time. The census utilizes advanced GIS-based mapping and centralized Master Data Management (MDM) software to optimize operations. This Developments will improve data accuracy and efficiency, aiding evidence-based strategic planning for development. By including emerging economic sectors, the census seeks to deliver a comprehensive view of Bangladesh’s dynamic economy, promoting better-informed decision-making and resource allocation.
This marks a pivotal step forward for Bangladesh, as the Economic Census plays a vital role in analyzing the nation’s economic framework. By incorporating data from informal sectors, online businesses, and foreign workers, it promises a more thorough understanding of the economy than ever before. The integration of cutting-edge technologies such as GIS-based mapping and MDM software ensures both precision and efficiency in the data collection process. This census will serve as an essential resource for policymakers and researchers, aiding in the formulation of strategies to drive economic growth and development in the country.