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 (%) 6.91 Sep 2024 quarterly Mar 2009 - Sep 2024
Australia (%) -1.36 Dec 2024 quarterly Jun 1979 - Dec 2024
Austria (%) -0.33 Dec 2024 quarterly Mar 2005 - Dec 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 (%) 0.41 Dec 2024 quarterly Mar 2000 - Dec 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 (%) 0.53 2024 yearly 1992 - 2024
Brunei (%) 1.40 2024 yearly 1992 - 2024
Bulgaria (%) 3.15 Dec 2024 quarterly Mar 2001 - Dec 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 0.47 Dec 2024 quarterly Mar 1977 - Dec 2024
Chile (%) -0.25 Sep 2024 quarterly Mar 1987 - Sep 2024
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.16 Dec 2024 quarterly Mar 2002 - Dec 2024
Croatia (%) -1.53 Sep 2024 quarterly Mar 2008 - Sep 2024
Cyprus (%) 0.27 Dec 2024 quarterly Jun 2005 - Dec 2024
Czech Republic (%) -0.23 Sep 2024 quarterly Mar 1997 - Sep 2024
Denmark (%) 2.65 Dec 2024 quarterly Mar 1991 - Dec 2024
Ecuador (%) 1.76 2023 yearly 1992 - 2023
Egypt (%) 2.27 Sep 2024 quarterly Mar 2004 - Sep 2024
Estonia (%) 0.98 Dec 2024 quarterly Mar 1996 - Dec 2024
European Union (%) 0.67 Dec 2024 quarterly Mar 2006 - Dec 2024
Finland (%) 1.75 Dec 2024 quarterly Mar 1991 - Dec 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.72 2023 yearly 1997 - 2023
Germany (%) -0.38 Dec 2024 quarterly Mar 1992 - Dec 2024
Ghana (%) 0.45 2023 yearly 1992 - 2023
Greece (%) 1.34 Dec 2024 quarterly Mar 1996 - Dec 2024
Hong Kong SAR, China (%) 2.27 Dec 2024 quarterly Dec 1982 - Dec 2024
Hungary (%) 0.89 Dec 2024 quarterly Mar 1999 - Dec 2024
Iceland (%) 0.23 Dec 2024 quarterly Mar 2004 - Dec 2024
India (%) 2.80 2022 yearly 1992 - 2022
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 3.69 2023 yearly 1992 - 2023
Ireland (%) 6.43 Dec 2024 quarterly Mar 1999 - Dec 2024
Israel (%) 5.35 Dec 2024 quarterly Mar 2013 - Dec 2024
Italy (%) 0.01 Dec 2024 quarterly Mar 1997 - Dec 2024
Ivory Coast (%) 3.26 2023 yearly 1992 - 2023
Japan (%) 0.41 Dec 2024 quarterly Mar 1995 - Dec 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 (%) 1.01 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 (%) 5.93 2023 yearly 1993 - 2023
Laos (%) 1.80 2023 yearly 1992 - 2023
Latvia (%) 0.85 Dec 2024 quarterly Mar 2003 - Dec 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) 2.12 Dec 2024 quarterly Mar 1996 - Dec 2024
Luxembourg (%) 0.02 Sep 2024 quarterly Mar 1996 - Sep 2024
Macau SAR, China (%) 1.46 Dec 2024 quarterly Mar 2002 - Dec 2024
North Macedonia (%) 1.27 Dec 2024 quarterly Mar 2005 - Dec 2024
Malawi (%) -1.72 2023 yearly 1992 - 2023
Malaysia (%) 2.41 Sep 2024 quarterly Mar 2001 - Sep 2024
Malta (%) -0.01 Sep 2024 quarterly Dec 2001 - Sep 2024
Mauritius (%) 5.39 Sep 2024 quarterly Mar 2005 - Sep 2024
Mexico (%) 0.33 Dec 2024 quarterly Jun 1996 - Dec 2024
Moldova (%) 1.56 Sep 2024 quarterly Mar 2001 - Sep 2024
Mongolia (%) 2.25 Dec 2024 quarterly Sep 2007 - Dec 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 (%) 1.13 Dec 2024 quarterly Mar 1996 - Dec 2024
New Zealand (%) -0.50 Sep 2024 quarterly Jun 1988 - Sep 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) -0.90 Dec 2024 quarterly Mar 1996 - Dec 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 (%) 4.15 Dec 2024 quarterly Dec 1999 - Dec 2024
Portugal (%) 1.00 Dec 2024 quarterly Mar 1996 - Dec 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 (%) 3.50 Dec 2024 quarterly Mar 1986 - Dec 2024
Slovakia (%) 1.57 Dec 2024 quarterly Mar 1996 - Dec 2024
Slovenia (%) 1.88 Dec 2024 quarterly Mar 1996 - Dec 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 (%) 2.56 Dec 2024 quarterly Mar 1994 - Dec 2024
Switzerland (%) 0.89 Dec 2024 quarterly Mar 2011 - Dec 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) 645.167 Dec 2024 monthly Jul 2008 - Dec 2024
Tax Revenue (USD mn) 2,471.617 Dec 2024 monthly Jul 1990 - Dec 2024
Tax Revenue: % of GDP (%) 7.4 2024 yearly 2006 - 2024
Government Debt: % of GDP (%) 26.6 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 Overall Balance: Excluding Grants (BDT mn) 77,400.000 Dec 2024 monthly Jul 2008 - Dec 2024
Government Revenue & Foreign Grants (BDT mn) 370,250.000 Dec 2024 monthly Jul 2008 - Dec 2024
Government Debt: Domestic (DO): Net (BDT mn) 4,756,659.000 Dec 2024 monthly Apr 2002 - Dec 2024
Domestic Debt (BDT mn) 10,202,050.000 2024 yearly 2020 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.439 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,879.4 Dec 2024 monthly Jul 1986 - Dec 2024
Total Exports (USD mn) 3,788.3 Dec 2024 monthly Jul 1986 - Dec 2024
Total Exports Growth (%) 41.1 Dec 2024 monthly Jul 1987 - Dec 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) 5,667.7 Dec 2024 monthly Jul 1986 - Dec 2024
Total Imports Growth (%) 23.3 Dec 2024 monthly Jul 1987 - Dec 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) 576.214 Nov 2024 monthly Jan 1973 - Nov 2024
Total Imports from USA (USD mn) 178.853 Nov 2024 monthly Jan 1981 - Nov 2024
Total Exports to China (USD mn) 59.705 Nov 2024 monthly Nov 1998 - Nov 2024
Total Imports from China (USD mn) 1,368.728 Nov 2024 monthly Jan 1981 - Nov 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: Textile and Articles Thereof (BDT mn) 65,462.739 Dec 2024 monthly Jul 1999 - Dec 2024
Imports: Cotton (BDT mn) 34,436.510 Dec 2024 monthly Jul 1999 - Dec 2024
Imports: Yarn (BDT mn) 34,616.224 Dec 2024 monthly Jul 1999 - Dec 2024
Imports: Petroleum Products (BDT mn) 74,926.625 Dec 2024 monthly Jul 1999 - Dec 2024
Imports: Capital Machinery (BDT mn) 24,210.661 Dec 2024 monthly Jul 2005 - Dec 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) 306.1 Nov 2024 monthly Jul 1997 - Nov 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 (%) 3.2 2024 yearly 2012 - 2024
Forecast: Current Account Balance (USD bn) -9.885 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -90,244.166 Sep 2024 quarterly Mar 2005 - 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: Primary Income (USD mn) -1,183.000 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: CA: Trade Balance: Import F.O.B (USD mn) -15,190.000 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: CA: Services: Credit (USD mn) 1,513.000 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: Net Errors & Omissions (USD mn) -2,048.000 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: Reserve Assets (RA) (USD mn) 1,459.000 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: CA: Services (USD mn) -1,034.000 Sep 2024 quarterly Sep 2011 - Sep 2024
Balance of Payment(BoP): USD: Current Account (CA) (USD mn) -127.000 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: 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: Portfolio Investment (PI) (USD mn) -23.000 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: Secondary Income: Official Transfers (USD mn) 27.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: PT: ow: Workers' Remittances (USD mn) 6,542.000 Sep 2024 quarterly Sep 2014 - Sep 2024
International Investment Position (IIP): Net (BDT mn) -10,829,299.921 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Liabilities (BDT mn) 14,563,532.360 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (BDT mn) 3,734,232.439 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) 38,010.746 Jan 2025 monthly Jun 1986 - Jan 2025
Money Supply M2 (USD mn) 168,527.287 Jan 2025 monthly Jun 1986 - Jan 2025
M2 Growth (%) 8.0 Jan 2025 monthly Jun 1987 - Jan 2025
Reserve Requirement Ratio (%) 4.0 Feb 2025 monthly Oct 1999 - Feb 2025
Foreign Exchange Reserves (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023
Foreign Exchange Reserves: % of GDP (%) 4.000 Feb 2025 monthly Oct 1999 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 3.1 Dec 2024 monthly Jul 1986 - Dec 2024
Gold Reserves (USD mn) 1,332.033 Feb 2025 monthly Jan 1972 - Feb 2025
Total Deposits (USD mn) 157,963.083 Dec 2024 monthly Dec 1986 - Dec 2024
Total Deposits Growth (%) 7.7 Dec 2024 monthly Dec 1987 - Dec 2024
Domestic Credit (USD mn) 177,430.1 Jan 2025 monthly Jul 1987 - Jan 2025
Domestic Credit Growth (%) 9.1 Jan 2025 monthly Jul 1988 - Jan 2025
Total Loans (USD mn) 181,418.367 Dec 2024 monthly Jun 1991 - Dec 2024
Total Loans Growth (%) 11.72 Dec 2024 monthly Jun 1992 - Dec 2024
Private Debt: % of Nominal GDP (%) 32.63 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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