Economy Accelerates with 4.48% GDP Growth in October–December

The economy has regained some momentum, with the Bangladesh Bureau of Statistics (BBS) reporting a 4.48 percent growth in gross domestic product (GDP) during the October–December quarter.

This marks a recovery from the sharp slowdown experienced earlier in the fiscal year. In the first quarter (July–September), GDP growth had plummeted to just 1.81 percent, largely due to the July unrest and the resulting decline in business and trade activities.

The latest data from the BBS indicates that GDP growth had been on a downward trend for three consecutive quarters before rebounding in the October–December period, as the overall situation showed signs of improvement.

The GDP figures are based on performance across three major sectors: agriculture, industry, and services. Among them, agriculture recorded the weakest growth at 1.25 percent, while the service sector grew by 3.78 percent and the industrial sector showed the strongest performance, expanding by 7.10 percent.

In terms of value added at constant prices, the economy contributed Tk 8.87 trillion during the October–December quarter, compared to Tk 8.05 trillion in the previous quarter. This reflects an increase of approximately Tk 820 billion in added value over the three-month period.