GDP growth hits lowest in 15 quarters

Bangladesh’s economic growth in the July-September quarter was the lowest in the previous 15 quarters and nearly four years, due to the political disruptions during and after the anti-fascist uprising.

Fortunately, the economy avoided a contraction and is likely to maintain growth trajectory in the October-December quarter.

The economic growth in a quarter was recorded at 0.26% in October-December 2021, due to Covid-related supply chain breakdown.

Output grew in July-September 2024 by a meager 1.81% from the same period last year, according to the Bangladesh Bureau of Statistics.

All three major sectors – agriculture, industries and services – saw significantly slower growth compared with the output in July-September 2023.