Bangladesh Labour Productivity Growth

1992 - 2023 | Yearly | % | CEIC Data

Key information about Bangladesh Labour Productivity Growth

  • Bangladesh Labour Productivity improved by 3.97 % YoY in Dec 2023, compared with a growth of 3.58 % in the previous year
  • Bangladesh Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2023, averaging at 3.37 %
  • The data reached an all-time high of 5.99 % in Dec 2011 and a record low of 0.83 % in Dec 1994

CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates

View Bangladesh's Labour Productivity Growth from 1992 to 2023 in the chart:

Bangladesh Labour Productivity Growth

What was Bangladesh's Labour Productivity Growth in 2023?

Bangladesh Labour Productivity improved by 3.97 % YoY in Dec 2023, compared with a growth of 3.58 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.97 2023 3.58 2022 0.83 1994 5.99 2011 % yearly 1992 - 2023

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) 2.13 2023 yearly 1992 - 2023
Argentina (%) -4.29 2023 yearly 1992 - 2023
Armenia (%) 6.00 Sep 2024 quarterly Mar 2009 - Sep 2024
Australia (%) -1.74 Sep 2024 quarterly Jun 1979 - Sep 2024
Austria (%) -0.66 Sep 2024 quarterly Mar 2005 - Sep 2024
Azerbaijan (%) 3.56 Sep 2024 quarterly Mar 2009 - Sep 2024
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 3.97 2023 yearly 1992 - 2023
Belarus (%) 3.86 Sep 2024 quarterly Mar 2006 - Sep 2024
Belgium (%) -0.31 Jun 2024 quarterly Mar 2000 - Jun 2024
Bolivia (%) 0.41 2023 yearly 2000 - 2023
Bosnia and Herzegovina (%) -0.91 2023 yearly 2007 - 2023
Botswana (%) 7.48 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.85 2023 yearly 1992 - 2023
Brunei (%) -1.76 2023 yearly 1992 - 2023
Bulgaria (%) 0.56 Jun 2024 quarterly Mar 2001 - Jun 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) -0.25 Sep 2024 quarterly Mar 1977 - Sep 2024
Chile (%) -0.25 Sep 2024 quarterly Mar 1987 - Sep 2024
China (%) 4.43 2023 yearly 1953 - 2023
Colombia (%) 1.45 Sep 2024 quarterly Mar 2002 - Sep 2024
Croatia (%) -1.53 Sep 2024 quarterly Mar 2008 - Sep 2024
Cyprus (%) 1.85 Sep 2024 quarterly Jun 2005 - Sep 2024
Czech Republic (%) -0.22 Sep 2024 quarterly Mar 1997 - Sep 2024
Denmark (%) 2.40 Sep 2024 quarterly Mar 1991 - Sep 2024
Ecuador (%) 1.76 2023 yearly 1992 - 2023
Egypt (%) 2.27 Sep 2024 quarterly Mar 2004 - Sep 2024
Estonia (%) -1.39 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 0.28 Sep 2024 quarterly Mar 2006 - Sep 2024
Finland (%) 1.92 Sep 2024 quarterly Mar 1991 - Sep 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.72 2023 yearly 1997 - 2023
Germany (%) 0.00 Sep 2024 quarterly Mar 1992 - Sep 2024
Ghana (%) 0.45 2023 yearly 1992 - 2023
Greece (%) 1.45 Sep 2024 quarterly Mar 1996 - Sep 2024
Hong Kong SAR, China (%) 2.22 Sep 2024 quarterly Dec 1982 - Sep 2024
Hungary (%) -0.75 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (%) -6.23 Sep 2024 quarterly Mar 2004 - Sep 2024
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 3.69 2023 yearly 1992 - 2023
Ireland (%) -0.77 Sep 2024 quarterly Mar 1999 - Sep 2024
Israel (%) -2.29 Sep 2024 quarterly Mar 2013 - Sep 2024
Italy (%) -1.08 Sep 2024 quarterly Mar 1997 - Sep 2024
Ivory Coast (%) 3.26 2023 yearly 1992 - 2023
Japan (%) 0.07 Sep 2024 quarterly Mar 1995 - Sep 2024
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 3.91 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 0.50 2023 yearly 2011 - 2023
South Korea (%) 1.06 Dec 2024 quarterly Sep 1983 - Dec 2024
Kosovo (%) -6.22 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 1.60 2018 yearly 1992 - 2018
Kyrgyzstan (%) 3.15 2023 yearly 1993 - 2023
Laos (%) 1.80 2023 yearly 1992 - 2023
Latvia (%) 0.11 Jun 2024 quarterly Mar 2003 - Jun 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) 1.64 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 0.02 Sep 2024 quarterly Mar 1996 - Sep 2024
Macau SAR, China (%) 1.89 Sep 2024 quarterly Mar 2002 - Sep 2024
North Macedonia (%) 2.13 Sep 2024 quarterly Mar 2005 - Sep 2024
Malawi (%) -1.72 2023 yearly 1992 - 2023
Malaysia (%) 2.41 Sep 2024 quarterly Mar 2001 - Sep 2024
Malta (%) -0.04 Sep 2024 quarterly Dec 2001 - Sep 2024
Mauritius (%) 8.88 Sep 2024 quarterly Mar 2005 - Sep 2024
Mexico (%) 1.03 Sep 2024 quarterly Jun 1996 - Sep 2024
Moldova (%) 6.48 Jun 2024 quarterly Mar 2001 - Jun 2024
Mongolia (%) 1.34 Sep 2024 quarterly Sep 2007 - Sep 2024
Montenegro (%) 4.92 Sep 2024 quarterly Mar 2011 - Sep 2024
Morocco (%) 4.95 2023 yearly 2000 - 2023
Mozambique (%) 2.10 2023 yearly 1992 - 2023
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 1.46 2023 yearly 1992 - 2023
Netherlands (%) 0.80 Sep 2024 quarterly Mar 1996 - Sep 2024
New Zealand (%) -0.50 Sep 2024 quarterly Jun 1988 - Sep 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 2.96 Sep 2024 quarterly Mar 1996 - Sep 2024
Oman (%) -4.24 2023 yearly 1999 - 2023
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 2.87 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 5.57 2023 yearly 1992 - 2023
Paraguay (%) 3.22 Sep 2024 quarterly Mar 2018 - Sep 2024
Peru (%) -0.87 2022 yearly 2002 - 2022
Philippines (%) 3.32 2023 yearly 1992 - 2023
Poland (%) 1.57 Sep 2024 quarterly Dec 1999 - Sep 2024
Portugal (%) 0.12 Sep 2024 quarterly Mar 1996 - Sep 2024
Qatar (%) -0.77 2023 yearly 2012 - 2023
Romania (%) 0.11 Sep 2024 quarterly Mar 1996 - Sep 2024
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 1.87 Sep 2024 quarterly Mar 2015 - Sep 2024
Singapore (%) 4.10 Sep 2024 quarterly Mar 1986 - Sep 2024
Slovakia (%) 1.62 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 1.49 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) -0.89 Sep 2024 quarterly Mar 2009 - Sep 2024
Spain (%) 1.00 Dec 2024 quarterly Mar 1996 - Dec 2024
Sri Lanka (%) 5.03 Jun 2024 quarterly Jun 2013 - Jun 2024
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 1.98 Sep 2024 quarterly Mar 1994 - Sep 2024
Switzerland (%) 1.47 Sep 2024 quarterly Mar 2011 - Sep 2024

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Bangladesh Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2023 yearly 2006 - 2023
Consolidated Fiscal Balance (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Tax Revenue (USD mn) 2,113.298 Nov 2024 monthly Jul 1990 - Nov 2024
Tax Revenue: % of GDP (%) 7.8 2023 yearly 2006 - 2023
Government Debt: % of GDP (%) 26.4 2024 yearly 2010 - 2024
Forecast: Government Expenditure (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Forecast: Government Net Debt (BDT bn) 38,914.207 2029 yearly 2003 - 2029
Forecast: Government Revenue (BDT bn) 9,401.383 2029 yearly 1980 - 2029
Government Revenue & Foreign Grants (BDT mn) 337,010.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Overall Balance: Excluding Grants (BDT mn) -24,130.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Debt: Domestic (DO): Net (BDT mn) 4,862,018.000 Oct 2024 monthly Apr 2002 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.439 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,555.5 Nov 2024 monthly Jul 1986 - Nov 2024
Total Exports (USD mn) 3,373.3 Nov 2024 monthly Jul 1986 - Nov 2024
Total Exports Growth (%) 24.9 Nov 2024 monthly Jul 1987 - Nov 2024
Aluminum: Exports (USD th) 9,003.857 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 155,439.497 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,473.454 2023 yearly 1995 - 2023
Total Imports (USD mn) 4,928.7 Nov 2024 monthly Jul 1986 - Nov 2024
Total Imports Growth (%) -6.6 Nov 2024 monthly Jul 1987 - Nov 2024
Imports: Medicament (USD th) 90,090.495 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 784,086.126 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 684.843 Oct 2024 monthly Jan 1973 - Oct 2024
Total Imports from USA (USD mn) 247.243 Oct 2024 monthly Jan 1981 - Oct 2024
Total Exports to China (USD mn) 64.257 Oct 2024 monthly Nov 1998 - Oct 2024
Total Imports from China (USD mn) 1,533.530 Oct 2024 monthly Jan 1981 - Oct 2024
Export Price Index (2005-2006=100) 240.500 2021 yearly 2007 - 2021
Import Price Index (2005-2006=100) 283.380 2021 yearly 2007 - 2021
Imports: Petroleum Products (BDT mn) 77,308.218 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Textile and Articles Thereof (BDT mn) 59,774.335 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Capital Machinery (BDT mn) 25,673.897 Nov 2024 monthly Jul 2005 - Nov 2024
Imports: Cotton (BDT mn) 30,887.113 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Yarn (BDT mn) 32,099.583 Nov 2024 monthly Jul 1999 - Nov 2024
Terms of Trade Index (2005-2006=100) 87.110 2018 yearly 2007 - 2018
Imports: Asian Countries: excl Middle East: India (BDT mn) 1,201,370.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Indonesia (BDT mn) 0.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Singapore (BDT mn) 121,829.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Japan (BDT mn) 239,522.000 2023 yearly 1987 - 2023
Export Volume Index (2015=100) 128.089 2021 yearly 1980 - 2021
Export Value Index (2015=100) 136.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 191.327 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 148.677 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2.0 Sep 2024 quarterly Sep 1997 - Sep 2024
Current Account Balance (USD mn) -534.0 Oct 2024 monthly Jul 1997 - Oct 2024
Current Account Balance: % of GDP (%) 0.9 2024 yearly 1998 - 2024
Foreign Direct Investment (USD mn) 300.0 Sep 2024 quarterly Sep 2003 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.3 2024 yearly 1998 - 2024
Foreign Portfolio Investment (USD mn) 1.758 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 1998 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 21.8 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -20.036 Sep 2024 quarterly Sep 1997 - Sep 2024
External Debt (USD mn) 103,788.9 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: % of GDP (%) 11.4 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 14,190.2 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: Short Term: % of GDP (%) 3.1 2024 yearly 2012 - 2024
Forecast: Current Account Balance (USD bn) -9.885 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,746.283 Jun 2024 quarterly Mar 2005 - Jun 2024
BD: BoP: Current Account: Services (USD mn) -4,635.474 2023 yearly 1976 - 2023
BD: IIP: Liabilities (USD mn) 125,197.376 2023 yearly 1999 - 2023
Balance of Payment(BoP): USD: Current Account (CA) (USD mn) -127.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance (USD mn) -4,630.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance: Export F.O.B (USD mn) 10,560.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance: Import F.O.B (USD mn) -15,190.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services (USD mn) -1,034.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Credit (USD mn) 1,513.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Debit (USD mn) -2,547.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) -1,183.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 146.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Official Transfers (USD mn) 27.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) -1,329.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Private Transfers (PT) (USD mn) 6,693.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account: Capital Transfers (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Foreign Direct Investment (USD mn) 300.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Other Investment (OI) (USD mn) 283.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Portfolio Investment (PI) (USD mn) -23.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Net Errors & Omissions (USD mn) -2,048.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Reserve Assets (RA) (USD mn) 1,459.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: FDI: of which net inflow (USD mn) 300.000 Sep 2024 quarterly Sep 2015 - Sep 2024
BoP: USD: CA: Secondary Income: PT: ow: Workers' Remittances (USD mn) 6,542.000 Sep 2024 quarterly Sep 2014 - Sep 2024
IIP: Liabilities (BDT mn) 14,558,872.829 Sep 2024 quarterly Mar 2006 - Sep 2024
International Investment Position (IIP): Net (BDT mn) -10,801,360.491 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (BDT mn) 3,757,512.338 Sep 2024 quarterly Mar 2006 - Sep 2024
Outstanding External Debt as Percentage of GDP (%) 13.730 2023 yearly 1997 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Money Supply M1 (USD mn) 39,099.400 Nov 2024 monthly Jun 1986 - Nov 2024
Money Supply M2 (USD mn) 170,065.417 Nov 2024 monthly Jun 1986 - Nov 2024
M2 Growth (%) 8.0 Nov 2024 monthly Jun 1987 - Nov 2024
Reserve Requirement Ratio (%) 4.0 Jan 2025 monthly Oct 1999 - Jan 2025
Foreign Exchange Reserves (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023
Foreign Exchange Reserves: % of GDP (%) 4.000 Jan 2025 monthly Oct 1999 - Jan 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Nov 2024 monthly Jul 1986 - Nov 2024
Gold Reserves (USD mn) 1,198.004 Dec 2024 monthly Jan 1972 - Dec 2024
Total Deposits (USD mn) 156,295.425 Nov 2024 monthly Dec 1986 - Nov 2024
Total Deposits Growth (%) 7.6 Nov 2024 monthly Dec 1987 - Nov 2024
Domestic Credit (USD mn) 179,236.1 Nov 2024 monthly Jul 1987 - Nov 2024
Domestic Credit Growth (%) 9.9 Nov 2024 monthly Jul 1988 - Nov 2024
Total Loans (USD mn) 179,633.742 Nov 2024 monthly Jun 1991 - Nov 2024
Total Loans Growth (%) 12.02 Nov 2024 monthly Jun 1992 - Nov 2024
Private Debt: % of Nominal GDP (%) 32.34 2024 yearly 1974 - 2024
Reserve Money M0 (BDT mn) 3,884,559.000 Nov 2024 monthly Jul 2019 - Nov 2024
Money Supply M3 (BDT mn) 24,184,554.737 Oct 2024 monthly Jul 2019 - Oct 2024

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