9th Largest Consumer Market by 2030

Bangladesh is South Asia’s second-largest economy and the 35th largest globally, backed by a consistent record of macroeconomic resilience. With a population exceeding 165 million, a strong working-age demographic, and a rapidly expanding middle and affluent class (MAC), Bangladesh is poised to become the 9th largest consumer market in the world by 2030. Projections indicate an annual GDP expansion of USD 43 billion between 2024 and 2029, according to HSBC and BCG, leading the region in incremental growth.

This economic trajectory is reflected in robust private sector performance, supported by strong government policy and pro-investment reforms. Leading multinationals across FMCG, telecom, and construction are recording return on equity (ROE) between 25% and 80%, significantly outpacing global sector averages of 10%–20%. Investor sentiment continues to strengthen, with Bangladesh ranking 2nd in Asia and Oceania for expansion interest in the 2024 JETRO Survey.