Business Dynamics: Bangladesh

April 2023

Lack of government integrity, prevalent corruption, skills shortages, and difficult access to financing are among the key obstacles to doing business in Bangladesh. Low internet penetration is another major factor hindering faster economic development, especially in terms of the network economy and innovation. Nevertheless, new infrastructural projects, and progression in the efficiency of operating a business in Bangladesh, are improving the country’s attractiveness.

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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

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Business Dynamics: Bangladesh


Economic freedom remains limited in Bangladesh
Constraints on the flow of investment capital persist
Low high-education attainment contributes to tenacious skills shortages
Ongoing infrastructure mega projects set to strengthen transportation and energy sectors
Low internet use limits Bangladesh’s innovative capabilities
Chart 1 Operational and Legal Environment Key Indicators
Chart 2 Index of Economic Freedom Ranking by Pillar in Bangladesh and Regional Comparison 2022
Chart 3 Index of Economic Freedom Ranking 2017-2022
Chart 4 Index of Economic Freedom: Judicial Effectiveness Pillar Rank in Bangladesh and Regional Comparison 2017-2022
Chart 5 Index of Economic Freedom: Government Integrity Pillar Rank in Bangladesh and Regional Comparison 2017-2022
Chart 6 Corruption Perceptions Ranking: Bangladesh and Regional Comparison 2017-2022
Chart 7 Key Financial and Investment Indicators
Chart 8 Index of Economic Freedom: Property Rights Pillar Rank in Bangladesh and Regional Comparison 2017-2022
Chart 9 Bank Claims on the Private Sector as % of GDP 2017-2022
Chart 10 Bank Nonperforming Loans to Total Gross Loans 2017-2022
Chart 11 Key Skills and Labour Indicators
Chart 12 Population Aged 15+ with Higher Education 2017-2022
Chart 13 Education Indicators 2022
Chart 14 Number of University Graduates by Programme 2022
Chart 15 Employment by Age 2022
Chart 16 Employment by Gender 2022
Chart 17 Youth Unemployment Rate 2017-2022
Chart 18 Labour Structure Change 2017-2022
Chart 19 Labour Structure Comparison 2022
Chart 20 Self Employed as % of Total Employed Population 2022
Chart 21 Index of Economic Freedom: Labour Pillar Rank in Bangladesh and Regional Comparison 2017-2022
Chart 22 Wage per Hour in Manufacturing Sector 2017-2022
Chart 23 Labour Market Regulations in Bangladesh and Regional Comparison 2022
Chart 24 Key Infrastructure Indicators
Chart 25 Index of Economic Freedom: Trade Freedom Pillar Rank in Bangladesh and Regional Comparison 2017-2022
Chart 26 The Top Four Largest Bangladesh’s Export Categories 2017-2022
Chart 27 Turnover of Transport and Storage Industry by Category in Bangladesh 2022
Chart 28 Transportation Mode Indicators in Bangladesh and Regional Comparison
Chart 29 Road Infrastructure 2022
Chart 30 Innovation and Digitalisation Key Indicators
Chart 31 Network Readiness Ranking by Pillar in Bangladesh and Regional Comparison 2022
Chart 32 Network Readiness Ranking for Bangladesh and Regional Comparison 2019-2022
Chart 33 Network Readiness Ranking: Technology Pillar for Bangladesh and Regional Comparison 2019-2022
Chart 34 Intellectual Property: Bangladesh Compared to Selected Regional Peers 2022
The 2022 Index of Economic Freedom
The Network Readiness Index (NRI) 2022

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