Podcast
Questions and Answers
What is the ranking of Bangladesh's economy in the world by purchasing power parity?
What is the ranking of Bangladesh's economy in the world by purchasing power parity?
- 33rd (correct)
- 15th
- 40th
- 20th
In which year did Bangladesh register a GDP growth rate of 7.2% after the global pandemic?
In which year did Bangladesh register a GDP growth rate of 7.2% after the global pandemic?
- 2019–2020
- 2020–2021
- 2022–2023
- 2021–2022 (correct)
When did modern Bangladesh embark on economic reforms that promoted free markets and foreign direct investment?
When did modern Bangladesh embark on economic reforms that promoted free markets and foreign direct investment?
- Late 1970s (correct)
- Early 1980s
- Late 1990s
- Early 2000s
What percentage of Pakistan's exports was generated by East Pakistan between 1947 and 1971?
What percentage of Pakistan's exports was generated by East Pakistan between 1947 and 1971?
Which trade organizations is Bangladesh a member of?
Which trade organizations is Bangladesh a member of?
Flashcards
Bangladesh's 2021-2022 GDP Growth Rate
Bangladesh's 2021-2022 GDP Growth Rate
Bangladesh's GDP grew by 7.2% in 2021–2022, after the global pandemic.
Bangladesh's Economic Reform Start Date
Bangladesh's Economic Reform Start Date
Bangladesh initiated economic reforms promoting free markets and FDI in the late 1970s.
East Pakistan's Export Contribution
East Pakistan's Export Contribution
East Pakistan contributed 50-70% to Pakistan's exports during 1947-1971.
Bangladesh's World Economy Ranking (PPP)
Bangladesh's World Economy Ranking (PPP)
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Bangladesh's Trade Organizations
Bangladesh's Trade Organizations
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Study Notes
Bangladesh's Economy
- Bangladesh's economy is the 33rd largest in the world by purchasing power parity.
GDP Growth Rate
- In 2021, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic.
Economic Reforms
- Modern Bangladesh embarked on economic reforms that promoted free markets and foreign direct investment in 1991.
East Pakistan's Contribution to Pakistan's Exports
- Between 1947 and 1971, East Pakistan generated 70% of Pakistan's exports.
Trade Organizations
- Bangladesh is a member of the following trade organizations: World Trade Organization (WTO), South Asian Free Trade Area (SAFTA), and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
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Description
Test your knowledge of Bangladesh's economy with this quiz! Explore the country's economic status, market position, and its transition from a frontier market to an emerging market. See how much you know about Bangladesh's economy and its global ranking.
