GDP growth falls to three-year low at 3.49%

Bangladesh’s economic growth slowed for the third consecutive fiscal year during July 2024-June 2025, with GDP expanding by 3.49% — the lowest rate recorded in the post-Covid recovery period.

The Bangladesh Bureau of Statistics (BBS) published the final GDP estimates on its website on 26 February, revising the growth rate down from the provisional 3.97%. The final figure is 48 basis points lower than the earlier estimate.

The latest data highlight a clear downward trend over the past three fiscal years. GDP growth stood at 7.10% in fiscal year 2022 before easing to 5.78% in fiscal year 2023 and further to 4.22% in fiscal year 2024. The 3.49% growth recorded in fiscal year 2025 confirms a steady deceleration in economic momentum.

With this revision, the current growth rate is the weakest since fiscal year 2020, when the economy expanded by 3.45% during the Covid-19 pandemic.