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Business trends

Bangladesh at 50: how the country has fared since independence

The economy has boomed and exports have soared but vulnerabilities remain

Boats on the Buriganga river in Dhaka in February. Bangladesh's economy has grown substantially since independence in 1971.   © Reuters

TOKYO -- Bangladesh is marking the 50th anniversary of its independence from Pakistan today, buoyed by economic progress and a relatively successful response to the coronavirus pandemic -- but aware of the progress still needed to lift more of its 163 million people, 2% of the global population, out of poverty.

Since 1971, when Bangladesh became independent, it has outstripped Pakistan in generating growth, with apparel exports and a surge in remittances helping to drive the economy.

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