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Bangladesh GDP to grow 3.7% in FY26, 4.5% in FY27: ADB

Bangladesh GDP to grow 3.7% in FY26, 4.5% in FY27: ADB



Bangladesh GDP to grow 3.7% in FY26, 4.5% in FY27: ADB

The Asian Development Bank (ADB) has projected Bangladesh’s gross domestic product (GDP) to have grown by 3.7 per cent in fiscal 2025-26 (FY26) and grow by 4.5 per cent in FY27, noting that sustained reforms and improving macroeconomic conditions are expected to strengthen the country’s growth momentum.Its July 2026 Asian Development Outlook said the economy continues to demonstrate resilience amid a difficult global and domestic environment, with key support received from strong remittance inflows and steady services sector growth.

ADB has projected Bangladesh’s GDP to grow by 4.5 per cent in FY27, noting that sustained reforms and improving macroeconomic conditions are expected to strengthen growth momentum.
Its July 2026 Asian Development Outlook said the economy continues to demonstrate resilience amid a difficult global and domestic environment, with key support from strong remittance inflows and steady services sector growth.

“Sustained reforms to strengthen macroeconomic stability, improve the investment climate, enhance financial sector governance, and address energy and infrastructure constraints will be critical to supporting a stronger and more inclusive recovery. These reforms will also be important to crowd in private investment, create quality jobs, and strengthen economic resilience,” said Akira Matsunaga, officer-in-charge for ADB’s Bangladesh resident mission.

ADB projects inflation in the country to have hit 9 per cent in FY26 and is expected to ease gradually to 8.8 per cent in FY27 as economic conditions improve.

Moderate inflation, simplified business regulations, improved governance, tax administration reforms and continued remittance incentives are expected to strengthen private consumption and investment in FY27, an ADB release said citing the report.

ADB also emphasised that continued policy reforms and prudent macroeconomic management would be crucial to sustaining growth, enhancing competitiveness and strengthening Bangladesh’s resilience against external shocks.

Fibre2Fashion News Desk (DS)



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