Write the economy way of bangladesh . please white it , i need !
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Explanation:
The economy of Bangladesh is a developing market economy.[40] It's the 35th largest in the world in nominal terms, and 30th largest by purchasing power parity; it is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019, Bangladesh's was the world's seventh fastest growing economy with a rate of 7.3% real GDP annual growth.[41] Dhaka and Chittagong are the principal financial centers of the country, being home to the Dhaka Stock Exchange and the Chittagong Stock Exchange. The financial sector of Bangladesh is the second largest in the Indian subcontinent. Bangladesh is one of the world's fastest growing economies.
Answer:
Bangladesh’s GDP growth rate is forecast to be 8% in 2020
The figures put it ahead of other Asian countries, including India
It could shed its 'least developed country' status in five years
When it first became a country, in 1971, Bangladesh was incredibly poor. The GDP growth rate was -14%, political instability was rife, and the nation was devastated by floods and famine.
Things have moved. Bangladesh now has an average growth rate of 8% – well above the Asian average, Asian Development Bank figures show.
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A decline in population growth is also helping an increase in per capita income. The number of employed workers living below the poverty line dropped from 73.5% in 2010 to 10.4% in 2018.

Bangladesh's economy is growing faster than those of its neighbours.
Image: Asian Development Bank
Bangladesh has been classed by the United Nations as one of the world’s least developed countries (LDCs) since 1975, but its current trajectory means it is likely to shed that description by 2024.
Graduating from LDC status is a sign that a country’s per capita gross national income, human assets, and resilience to economic and environmental shocks are robust enough to enable sustainable development.
Bangladesh was 105th in the The Global Competitiveness Report 2019 from the World Economic Forum. The more competitive a country is, the more likely it is that it will be able to improve living standards.
What do we mean by ‘competitiveness’?

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The garment trade that began in Bangladesh in the 1970s is now a $30 billion industry. But the economy is diversifying. The services sector – including microfinance and computing – makes up 53% of the country’s GDP.
The success of the IT industry is central to the digital transformation and ongoing economic growth of Bangladesh. It exports nearly $1 billion of technology products every year – a figure that the government expects to increase to $5 billion by 2021. The country also has 600,000 IT freelancers.
Bangladesh has seen wide improvements in health, education, infant mortality and life expectancy, according to Daniel Gay of the United Nations Department of Economic and Social Affairs. This has driven growth and reduced economic vulnerability. “It’s really a success story,” he says.
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