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The country ranks as second-largest economy, following India in south Asia
Bangladesh has emerged as the ninth-largest economy in Asia based on the size of its Gross Domestic Product (GDP), according to the Asian Development Bank’s (ADB) 2025 Basic Statistics report. The country’s GDP is now valued at $450.5 billion ($45,050 crore), based on 2024 data, placing it just behind several key Asian economies.
The ADB’s analysis covers 46 Asian countries, although Japan, one of the region’s largest economies, was not included in the latest rankings.
Within South Asia, Bangladesh ranks as the second-largest economy, following India. This reflects the country’s steady economic progress over recent years, underpinned by robust performance in sectors such as garments, remittances, and services.
Gross Domestic Product (GDP) measures the total value added through the production of goods and services within a country’s borders. For example, in the garments sector, GDP accounts for the added value at every stage—from raw material sourcing to manufacturing and retail delivery. All such value additions across the economy are summed up in the GDP figure.
GDP is calculated across three primary sectors: agriculture, industry, and services. However, it does not include income earned from abroad, such as remittances. When foreign income is included, the metric becomes Gross National Income (GNI). Per capita income is calculated using GNI, not GDP.
According to ADB data, the top Asian economies by GDP are as follows: China – $18.965 trillion, India – $3.911 trillion, South Korea – $1.869 trillion, Indonesia – $1.396 trillion, Taiwan (Taipei) – $795.9 billion, Thailand – $540.5 billion, Vietnam – $476.3 billion, Philippines – $461.4 billion, Bangladesh – $450.5 billion.
These figures reflect Bangladesh’s growing importance in the regional economy and highlight its potential to climb further in the rankings with sustained economic reforms, investment, and infrastructure development.
