Bangladesh to become $1 trillion economy by 2040, BCG

DHAKA, 26 November 2022, (TON): The Boston Consulting Group has said that Bangladesh is on course to become a $1 trillion economy by 2040, driven by consumer optimism, innovation in emerging economic sectors and a young engaged workforce.
The BCG said in a report released "with average annual growth of 6.4% between 2016 and 2021, the South Asian nation has outpaced peers such as India, Indonesia, Vietnam, the Philippines and Thailand."
The report said "Bangladesh's domestic consumer market was set to become the ninth-largest in the world."

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