Bangladesh is expected to secure the 5th position in South Asia’s GDP growth rankings for FY 2024, according to the World Bank’s “Global Economics Prospects January 2025” report. Leading the region is Bhutan with an impressive 7.2% GDP growth, while Pakistan faces the lowest growth in the region, expected to be just 2.8%.
This year, Bangladesh has faced difficulties, mainly due to political instability, which has slowed down its growth. However, there is hope for the future. The country’s economy is projected to recover, with growth forecasted to rise to 5.4% in the next fiscal year, showing positive signs of recovery.
The report paints a mixed picture for South Asia, where some countries like Bhutan are growing strong, while others are facing tough challenges. For Bangladesh, the key now is to overcome its current issues, stabilize the economy, and prepare for a stronger future ahead. With focused efforts and steady recovery, Bangladesh can bounce back and continue its growth path.
Source: Business Inspection BD
