Bangladesh’s economy expanded by 3.69 per cent in the last fiscal year (FY25), marking a slowdown from 4.22 per cent in the previous year, according to the latest data released by the Bangladesh Bureau of Statistics (BBS).

The modest growth was driven by moderate performances across agriculture, industry, and services, reflecting the lingering impact of global and domestic headwinds on overall economic activity.

During the April–June quarter—the fourth of FY25—GDP grew by 3.35 per cent, down from 3.61 per cent in the same period a year earlier. Industrial output, however, showed some improvement, reaching 4.10 per cent in the final quarter, compared to just 1.08 per cent during the same period in FY24.

The services sector, which contributes more than half of the country’s GDP, grew by 2.96 per cent in the April–June quarter, slightly lower than the 3.61 per cent recorded in the previous fiscal year. The agriculture sector continued to face pressure, with growth easing to 3.01 per cent from last year’s level for the same quarter.

Quarterly data show uneven performance throughout FY25: GDP grew 1.96 per cent in the first quarter, 4.48 per cent in the second, and 4.86 per cent in the third. In comparison, the respective growth rates for FY24 were 5.87, 4.47, and 4.62 per cent.

Economists say the slower pace of expansion reflects weak domestic demand, tight credit conditions, and external uncertainties, though they expect a gradual recovery if industrial and export activities strengthen in the coming quarters.