Bangladesh GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$450.12

Source: world bank Nominal/PPP
Summary:

Bangladesh GDP Per Capita expanded from 1960 to 2024, increasing from $4.27 to $450.12 .The compound annual growth rate (CAGR) averaged 7.55% over the period. The economy recorded its peak level in 2022 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 50.39%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Bangladesh 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 450.12 dollars$ 1,674.32 Int dollars
Growth (YoY)2.904%6.744%
Net Change vs Previous Year$ 12.70 dollars$ 105.78 Int dollars
% of World GDP Per Capita0.41%0.84%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Bangladesh GDP | Bangladesh GDP Growth

Bangladesh Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19604.27-----
19614.820.5412.695 %---
19625.080.265.476 %---
19635.320.244.685 %---
19645.390.071.252 %---
19655.910.529.665 %---
19666.440.539.025 %---
19677.250.8112.639 %---
19687.480.233.172 %---
19698.470.9913.193 %---
19708.990.526.159 %---
19718.75-0.24-2.679 %---
19726.29-2.46-28.149 %---
19738.091.828.601 %---
197412.514.4354.728 %---
197519.456.9455.432 %---
197610.12-9.33-47.98 %---
19779.65-0.47-4.606 %---
197813.283.6337.619 %---
197915.572.2817.194 %---
198018.142.5716.527 %---
198120.252.1111.642 %---
198218.53-1.72-8.515 %---
198317.61-0.92-4.946 %---
198418.921.317.45 %---
198522.283.3617.745 %---
198621.77-0.5-2.264 %---
198724.32.5211.592 %---
198826.582.289.387 %---
198928.782.28.287 %---
199031.62.829.786 %105.01--
199130.96-0.64-2.028 %112.347.336.985 %
199231.710.752.427 %121.168.817.846 %
199333.171.464.597 %129.878.717.193 %
199433.770.61.816 %137.817.936.108 %
199537.944.1712.352 %147.910.17.326 %
199646.448.522.401 %157.429.526.437 %
199748.241.813.889 %167.339.96.291 %
199849.981.743.607 %177.9710.646.359 %
199951.271.292.573 %188.9110.956.152 %
200053.372.14.094 %203.4214.517.678 %
200153.990.621.165 %218.5615.147.443 %
200254.720.731.357 %230.4611.95.447 %
200360.165.439.931 %246.1515.696.808 %
200465.114.958.228 %266.0219.868.069 %
200569.484.376.708 %292.2926.279.877 %
200671.82.323.339 %321.429.129.961 %
200779.617.8210.886 %353.4132.019.959 %
200891.6412.0315.105 %381.8928.478.057 %
2009102.4810.8411.827 %403.6321.745.693 %
2010115.2812.812.492 %431.2927.676.855 %
2011128.6113.3311.564 %468.6537.358.661 %
2012133.314.73.658 %532.5563.9113.636 %
201315016.6912.518 %577.7845.228.492 %
2014172.8922.8915.259 %627.5249.748.609 %
2015195.1522.2612.875 %671.3643.846.987 %
2016265.2370.0835.91 %736.3865.029.685 %
2017293.7328.5110.748 %791.8955.517.539 %
2018321.3627.639.407 %897.77105.8813.37 %
2019351.2329.879.294 %997.2599.4811.081 %
2020373.9822.756.476 %1104.32107.0710.737 %
2021416.2742.2911.309 %1247.56143.2412.971 %
2022460.1343.8610.536 %1431.4183.8414.736 %
2023437.42-22.72-4.937 %1568.54137.149.581 %
2024450.1212.72.904 %1674.32105.786.744 %

Bangladesh Economic Phases (1960 - 2024)

From 1960 to 2024, Bangladesh economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1962) indicating robust economic expansion
  • Expansion (1963–1964) indicating steady moderate growth
  • High Growth (1965–1967) indicating robust economic expansion
  • High Growth (1969–1970) indicating robust economic expansion
  • High Growth (1973–1975) indicating robust economic expansion
  • High Growth (1978–1981) indicating robust economic expansion
  • Contraction (1982–1983) indicating temporary slowdown
  • High Growth (1984–1985) indicating robust economic expansion
  • High Growth (1987–1990) indicating robust economic expansion
  • Expansion (1992–1994) indicating steady moderate growth
  • High Growth (1995–1996) indicating robust economic expansion
  • Expansion (1997–2002) indicating steady moderate growth
  • High Growth (2003–2005) indicating robust economic expansion
  • High Growth (2007–2011) indicating robust economic expansion
  • High Growth (2013–2022) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1975 with an increase of 55.432%, while the largest decline was in 1976 at -47.98%.