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Summary of Macroeconomic Performance of
Bangladesh After Four decades of Independence

A publication of

This is a publication of Economics Study Center, the official student chapter of the
Department of Economics, University of Dhaka. It is developed by the members of the Center with direct supervision from Dr. Mahbubul Mokaddem, Professor,
Department of Economics, University of Dhaka and Advisor, Economics Study
Center. The paper was presented at a dialogue arranged by the Center titled
‗Summary of Macroeconomic Performance of Bangladesh After Four decades of
Independence‘ on 25 March 2012 at the R.C. Majumdar Arts Auditorium, Lecture
Theatre, Arts Building, University of Dhaka.

Economics Study Center, C/O: Department of Economics, University of Dhaka,
Dhaka-1000, Bangladesh
Website: http://econdu.ac.bd/economics-study-center
All rights reserved by the Economics Study Center.

Summary of Macroeconomic Performance of Bangladesh After
Four decades of Independence (Agriculture)

Authors:
Bijeta Bijen Saha
Treasurer
Economics Study Center
University of Dhaka

Israt Hossain
Associate Member
Economics Study Center
University of Dhaka

Bushra Farhana
Member
Economics Study Center
University of Dhaka

Md. Sifat Rahman
Member
Economics Study Center
University of Dhaka

Bangladesh has a primarily agrarian economy, although one of the dominant features of
Bangladesh economy is its structural change with a declining share of agriculture in GDP over last three decades. The share of agriculture has declined from about half of total GDP during the
1970s to about one third during the 1980s. The share of agriculture has declined from 32 percent of total GDP in 1980-84 to 23 percent in 2000-04.GDP growth in Bangladesh has accelerated steadily since the early 1980s. The average GDP growth rate increased from 3.2 percent during
1980-84 to 5.56 percent during 2009-10. Thus, as in most other countries, sustained economic growth in

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