Bangladesh will become the 25th largest economy in the world by 2035, advancing from 41st place this year thanks to steady growth, a new report said.
According to the UK-based Centre for Economics and Business Research (CEBR), the size of the economy will nearly treble to $855 billion in 2035 from $301 billion in 2020 in US dollar constant prices.
In current terms, Bangladesh will become more than a trillion-dollar economy before the period, showed the latest edition of the World Economic League Table of the think-tank.
In its annual league table on the growth prospects of 193 countries, the consultancy group said that despite the Covid-19 pandemic, Bangladesh was able to escape a contraction in 2020. Read More