Bangladesh is a promising country. We can evaluate this by the significant like as economic vulnerability, criteria for a developing country, Bangladesh growth, per captia income etc.
1.Economic Vulnerability :Economic vulnerability is calculated considering eight factors;population size,the population living in low coastal zones,remoteness, the share of agriculture, forestry and fisheries, export instability , export concentration and victims of natural disasters.
In a show of economic ascendancy and national pride,Bangladesh launched its first communications and broad casting statellite the Bangabandhu -1 transproted by an American manufactured spaceX rocket in May 2018.
Bangladesh strong textile and fabric industry drives 80 percent of the country export economy the 57 th largest in the world.Only China and the European Union topped Bangladesh clothing exports in 2105.
2.Bangladesh Growth:With just 47 years of independence , Bangladesh is expected to earn a status for a developing country from the least developed country in the next six years.The CDP will most likely recommended Bangladesh at its triennial reveiw of lesat developed countries in 2021,and fall endorsement is expected to follow at its 2024 meeting.
3.Per Captia Income:with a current economy worth of $ 1433.Bangladesh has exceeded the overage least developed country for over 20 years.On its road to becoming a developing country, about 50 million people in Bangladesh have excaped extreme poverty since 1991.This rate has declined from 40 percent to 14 percent.
While Bangladesh still faces challenges such as Rohingya refugees, overpopulation , flooding and insufficient sanitation,it is well on its way to becoming a developing country with in the years to come
1.Economic Vulnerability :Economic vulnerability is calculated considering eight factors;population size,the population living in low coastal zones,remoteness, the share of agriculture, forestry and fisheries, export instability , export concentration and victims of natural disasters.
In a show of economic ascendancy and national pride,Bangladesh launched its first communications and broad casting statellite the Bangabandhu -1 transproted by an American manufactured spaceX rocket in May 2018.
Bangladesh strong textile and fabric industry drives 80 percent of the country export economy the 57 th largest in the world.Only China and the European Union topped Bangladesh clothing exports in 2105.
2.Bangladesh Growth:With just 47 years of independence , Bangladesh is expected to earn a status for a developing country from the least developed country in the next six years.The CDP will most likely recommended Bangladesh at its triennial reveiw of lesat developed countries in 2021,and fall endorsement is expected to follow at its 2024 meeting.
3.Per Captia Income:with a current economy worth of $ 1433.Bangladesh has exceeded the overage least developed country for over 20 years.On its road to becoming a developing country, about 50 million people in Bangladesh have excaped extreme poverty since 1991.This rate has declined from 40 percent to 14 percent.
While Bangladesh still faces challenges such as Rohingya refugees, overpopulation , flooding and insufficient sanitation,it is well on its way to becoming a developing country with in the years to come