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Bangladesh’s economy growth rate almost doubles in first quarter of FY26: State media

File Photo - GDP growth chart (BSS)

File Photo - GDP growth chart (BSS)

ISLAMABAD: Bangladesh’s economy grew by 4.5% in the first quarter of the current fiscal year, almost double the rate in the previous year, supported by steady performances across the agriculture, industry, and services sectors, according to official data reported by the state-run Bangladesh Sangbad Sangstha (BSS) on Tuesday.


The growth covered the July-September period of 2026. Data released by the Bangladesh Bureau of Statistics showed a notable improvement compared with the same quarter of the previous fiscal year, when growth stood at 2.5%.


The industrial sector recorded the strongest performance, expanding by 6.9%. This marked a sharp increase from 3.5% growth in the corresponding July-September period of fiscal year 2025.


The services sector, which accounts for more than half of Bangladesh’s economy, grew by 3.6% compared with 2.9% growth in the same quarter a year earlier, BSS reported.


Growth in the agriculture sector remained relatively modest. The sector expanded by 2.3% during the quarter, showing only a slight improvement over the growth recorded in the same period last year.


Revised official estimates also outlined quarterly growth trends for the previous fiscal year. According to the Bangladesh Bureau of Statistics, gross domestic product growth in fiscal year 2025 stood at 2.5% in the first quarter, 4.4% in the second quarter, 5.3% in the third quarter, and 2.4% in the fourth quarter.


Based on these revised figures, Bangladesh’s overall gross domestic product growth rate at constant prices for fiscal year 2025 was 3.7%.