Bangladesh Frontier
South Asia · Dhaka · BDT (Bangladeshi Taka)
Economy & industry overview
Bangladesh is a lower-middle-income economy in South Asia with a nominal GDP of approximately $451 billion in 2024, driven primarily by its dominant ready-made garments (RMG) sector, which accounts for roughly 84% of merchandise exports. The services sector contributes approximately 51% of GDP, industry around 34%, and agriculture approximately 11%. Remittances from overseas workers constitute another major source of foreign exchange. The pharmaceutical sector has grown significantly, with leading firms exporting to dozens of countries. The economy has historically recorded strong GDP growth but moderated to around 4.2% in FY2024 amid global headwinds and elevated domestic inflation.
Key sectors
📘 Learn everything about Bangladesh →Macro
| GDP nominal, USD | $451.00B |
| GDP growth real, annual | 4.2% |
| Inflation annual | 9.2% |
| Population people | 173.6M |
| GDP per capita USD | $2,623 |
| Market cap total listed, USD | $54.00B |
| Market cap / GDP | 12.0% |
| Unemployment | 3.6% |
| Listed companies | 656 |
| Exchange | Dhaka Stock Exchange (DSE) |
Data year: 2024. Sources: International Monetary Fund (IMF) World Economic Outlook, World Bank Development Indicators, Wikipedia – Economy of Bangladesh, Wikipedia – Dhaka Stock Exchange, Trading Economics – Bangladesh, FocusEconomics – Bangladesh, UNDP Bangladesh – Inflation Report, Macrotrends – Bangladesh Unemployment, CEIC – DSE Market Capitalization, ETFdb.com – Bangladesh ETF Exposure, Grokipedia – List of Companies of Bangladesh.
Latest news
Other South Asia markets
Largest listed companies
The biggest companies on the main local exchange, by market capitalisation.
| # | Company | Sector | Market capUSD | US listing |
|---|---|---|---|---|
| 1 | Grameenphone Ltd.GP · DSE | Telecommunications | $3.90B | — |
| 2 | Walton Hi-Tech Industries Ltd.WALTONHIL · DSE | Consumer Electronics & Appliances | $2.10B | — |
| 3 | Square Pharmaceuticals Ltd.SQURPHARMA · DSE | Pharmaceuticals | $1.30B | — |
| 4 | Robi Axiata Ltd.ROBI · DSE | Telecommunications | $1.15B | — |
| 5 | British American Tobacco Bangladesh Co. Ltd.BATBC · DSE | Tobacco | $950.00M | — |
| 6 | United Power Generation & Distribution Co. Ltd.UNITEDPWR · DSE | Energy & Power | $740.00M | — |
| 7 | BRAC Bank Ltd.BRACBANK · DSE | Banking | $620.00M | — |
| 8 | Dutch-Bangla Bank Ltd.DUTCHBANGL · DSE | Banking | $480.00M | — |
| 9 | Islami Bank Bangladesh Ltd.ISLAMIBANK · DSE | Banking (Islamic Finance) | $460.00M | — |
| 10 | Renata Ltd.RENATA · DSE | Pharmaceuticals | $420.00M | — |
| 11 | MJL Bangladesh Ltd.MJL · DSE | Petroleum & Lubricants | $310.00M | — |
| 12 | Eastern Bank Ltd.EBL · DSE | Banking | $290.00M | — |
| 13 | Square Textiles Ltd.SQURTEX · DSE | Textiles | $230.00M | — |
| 14 | Marico Bangladesh Ltd.MARICO · DSE | Consumer Goods (FMCG) | $210.00M | — |
| 15 | Lafarge Holcim Bangladesh Ltd.LAFARGEHLC · DSE | Cement & Construction Materials | $195.00M | — |
US-traded ETFs
Funds listed in the US that give exposure to this market — the simplest route for many US investors.
Local exchange & access
| Exchange | Dhaka Stock Exchange |
| Code | DSE |
| Website | www.dse.com.bd |
| Currency | BDT |
Local broker access
Direct access to the Dhaka Stock Exchange (DSE) for foreign investors requires opening a Non-Resident Investor's Taka Account (NITA) and a Beneficiary Owner (BO) account through a DSE-registered stockbroker. Foreign portfolio investment is permitted in all DSE-listed securities. Capital and dividends are freely repatriable under Bangladesh Bank regulations. US-based investors typically gain indirect exposure through frontier or Asia-focused ETFs rather than direct brokerage, as most international brokers do not offer direct DSE access.
Global brokers with foreign-market access
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.
Relocation & residency
Investment visa / residency programme
Grants No formal investment-migration programme
Bangladesh does not operate a formal residency-by-investment or citizenship-by-investment programme for foreign nationals. Standard visa categories (e.g., investor visa, work permit) exist for those establishing businesses, but no structured 'golden visa' scheme with published minimum thresholds has been established as of 2025.
Need help applying? Specialist investment-migration advisers such as Henley & Partners.
Foreign-investor access
Foreign nationals wishing to reside in Bangladesh for business purposes may apply for an investor or business visa, which typically requires demonstrating active business engagement. Long-term residency is generally granted on a case-by-case basis. Bangladesh Bank approval is required for repatriation of investment proceeds. Expatriate employees at registered companies may obtain work permits through the Bangladesh Investment Development Authority (BIDA).
US-listed ADRs & cross-listings
Companies from this country whose shares also trade in the US — investable in a normal US brokerage account.
| Company | US ticker | Local ticker | Note |
|---|---|---|---|
| Grameenphone Ltd. | GP | Grameenphone is listed solely on the Dhaka Stock Exchange (DSE). No US-listed ADR or OTC cross-listing exists. US investors may access Telenor ASA (TELNF OTC), its Norwegian parent, for partial indirect exposure. | |
| Square Pharmaceuticals Ltd. | SQURPHARMA | Square Pharmaceuticals is listed solely on the DSE. No US ADR programme has been established as of 2025. | |
| Walton Hi-Tech Industries Ltd. | WALTONHIL | Walton Hi-Tech Industries is listed solely on the DSE with no US cross-listing or ADR programme as of 2025. |