According to a global monitor on economics, with three positive statistics on per capita income, a good ranking among 177 countries, and a slower population growth rate, Bangladesh is one of the most promising economies in the world today.
Because:
1. Excellent geopolitical opportunity for a strategic location near China and India.
2. Bangladesh’s society of 160 million people is a largely homogeneous society.
3. The middle class is rising and will be 25% of the total population by 2025.
4. Enthusiastic, hard-working, and cheap labor is available to supply any labor-intensive industry.
5. The huge demographic dividend has created a window of economic opportunity.
6. Poverty has been decreasing at a rate of about 2% per year.
7. Electricity generation reached 20.000+ MW.
8. Bangladesh’s dependence on foreign aid has decreased significantly.
9. Bangladesh has made remarkable progress in raising income, reducing poverty and outperforming its neighbors in social development.
10. Bangladesh has now been upgraded from a low-income country to a "Lower Middle-Income Country" by the World Bank since July 2015.
11. Over the last decade, Bangladesh's GDP has grown at a rate of 6% on average.(Ranks 33rd among 190 countries' GDP-PPP)
12. JP Morgan lists Bangladesh among its "Frontier Five" emerging economies worth investing in. Bangladesh is now gradually becoming a "trade-dependent country" instead of an "aid-dependent one.“
13. There has been a remarkable advance in the growth of foreign remittances. In 2021, it exceeded $21 billion and Bangladesh's foreign exchange reserves reached $48 billion, which is the highest in the history of the country.
14. Goldman Sachs includes Bangladesh in the "Next 11" emerging countries to watch, along with the BRIC countries (Brazil, Russia, India, and China).