Bangladesh’s Economy Grows by 4.50% in Q1 of FY26

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Bangladesh: Bangladesh’s economy grew by 4.50 percent in the first quarter (July-September) of the current fiscal year (FY26) driven by moderate performances by the agriculture, industry, and services sectors.

According to Bangladesh Sangbad Sangstha, the latest data from the Bangladesh Bureau of Statistics (BBS) reveals that the GDP growth rate during the first quarter of the last fiscal year (FY25) was 2.58 percent, buoyed by moderate performances in the agriculture, industry, and services sectors.

Industrial output reached 6.97 percent during the July-September period of FY26, up from 3.59 percent during the same period of the previous year, FY25. The services sector, which constitutes over half of the economy, grew by 3.67 percent in the first quarter of FY26, compared with 2.96 percent in the same quarter of the previous year.

The agriculture sector, however, witnessed slower growth as it stood at 2.30 percent during this July-September period of FY26, slightly up from the previous year’s figure for the same quarter. According to revised estimates, GDP growth in the first, second, third, and fourth quarters of the last fiscal year (FY25) was 2.58 percent, 4.44 percent, 5.33 percent, and 2.47 percent, respectively.

The country’s GDP growth rate at constant prices in FY25 was 3.72 percent.