Bangladesh Fact File
The huge delta region formed at the confluence of the Ganges and Brahmaputra River systems – now referred to as Bangladesh – was a loosely incorporated outpost of various empires centered on the Gangetic plain for much of the first millennium A.D. Currently Bangladesh is a thriving sovereign nation in Southern Asia, bordering the Bay of Bengal, between Myanmar and India.
An estimated 10 million Bangladeshis are currently working abroad, primarily in the Arabian Gulf. Each year, more than 400,000 workers leave the Bangladesh for overseas employment.
In Bangladesh, remittance is one of the most important economic variables in recent times as it helps in balancing balance of payments, increasing foreign exchange reserves, enhancing national savings and increasing velocity of money. For about two decades remittance has been contributing around 35% of export earning, thanks to extensive migration of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia, Italy, UK, USA, AUS, Canada.
Bangladesh is blessed with huge active workforce.
– 15-24 years: 19.14% ( 15,313,674 / 15,200,861)
– 25-54 years: 40.07% ( 30,626,005 / 33,267,339)