Bangladesh real GDPBangladesh real GDPBangladesh real GDP

Bangladesh real GDP

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪32.18 T‬BDT on Dec 31, 2023
Lowest
‪2.37 T‬BDT on Dec 31, 2003

About Bangladesh real GDP


Category
GDP
Frequency
Annual
Units
BDT

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2023 Bangladesh real GDP was 32.18 T BDT, and the previous year it amounted to 30.393 T BDT.