United States. Central Intelligence Agency

The 2005 CIA World Factbook


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Party or BNP

       [Khaleda ZIA, chairperson]; Islami Oikya Jote or IOJ [Mufti Fazlul

       Haq AMINI]; Jamaat-e-Islami or JI [Motiur Rahman NIZAMI]; Jatiya

       Party or JP (Ershad faction) [Hussain Mohammad ERSHAD]; Jatiya Party

       (Manzur faction) [Naziur Rahman MANZUR]

      Political pressure groups and leaders:

       NA

      International organization participation:

       AsDB, C, CP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICCt (signatory),

       ICFTU, ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO,

       Interpol, IOC, IOM, ISO, ITU, MIGA, MINURSO, MONUC, NAM, OIC, ONUB,

       OPCW, SAARC, SACEP, UN, UNAMSIL, UNCTAD, UNESCO, UNHCR, UNIDO,

       UNMEE, UNMIK, UNMIL, UNMISET, UNOCI, UNOMIG, UPU, WCL, WCO, WFTU,

       WHO, WIPO, WMO, WToO, WTO

      Diplomatic representation in the US:

       chief of mission: Ambassador Shamsher Mobin CHOWDHURY

       chancery: 3510 International Drive NW, Washington, DC 20008

       telephone: [1] (202) 244–0183

       FAX: [1] (202) 244–5366

       consulate(s) general: Los Angeles and New York

      Diplomatic representation from the US:

       chief of mission: Ambassador Harry K. THOMAS, Jr.

       embassy: Madani Avenue, Baridhara, Dhaka 1212

       mailing address: G. P. O. Box 323, Dhaka 1000

       telephone: [880] (2) 885–5500

       FAX: [880] (2) 882–3744

      Flag description:

       green with a large red disk slightly to the hoist side of center;

       the red sun of freedom represents the blood shed to achieve

       independence; the green field symbolizes the lush countryside, and

       secondarily, the traditional color of Islam

      Economy Bangladesh

      Economy - overview:

       Despite sustained domestic and international efforts to improve

       economic and demographic prospects, Bangladesh remains a poor,

       overpopulated, and ill-governed nation. Although half of GDP is

       generated through the service sector, nearly two-thirds of

       Bangladeshis are employed in the agriculture sector, with rice as

       the single-most-important product. Major impediments to growth

       include frequent cyclones and floods, inefficient state-owned

       enterprises, inadequate port facilities, a rapidly growing labor

       force that cannot be absorbed by agriculture, delays in exploiting

       energy resources (natural gas), insufficient power supplies, and

       slow implementation of economic reforms. Economic reform is stalled

       in many instances by political infighting and corruption at all

       levels of government. Progress also has been blocked by opposition

       from the bureaucracy, public sector unions, and other vested

       interest groups. The BNP government, led by Prime Minister Khaleda

       ZIA, has the parliamentary strength to push through needed reforms,

       but the party's political will to do so has been lacking in key

       areas. One encouraging note: growth has been a steady 5% for the

       past several years.

      GDP (purchasing power parity):

       $275.7 billion (2004 est.)

      GDP - real growth rate:

       4.9% (2004 est.)

      GDP - per capita:

       purchasing power parity - $2,000 (2004 est.)

      GDP - composition by sector: agriculture: 21.2% industry: 27.1% services: 51.7% (2004 est.)

      Labor force:

       65.49 million

       note: extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman,

       Qatar, and Malaysia; workers' remittances estimated at $1.71 billion

       in 1998–99 (2004 est.)

      Labor force - by occupation:

       agriculture 63%, industry 11%, services 26% (FY95/96)

      Unemployment rate:

       40% (includes underemployment) (2004 est.)

      Population below poverty line:

       45% (2004 est.)

      Household income or consumption by percentage share: lowest 10%: 3.9% highest 10%: 28.6% (1995–96 est.)

      Distribution of family income - Gini index:

       33.6 (FY95/96)

      Inflation rate (consumer prices):

       6% (2004 est.)

      Investment (gross fixed):

       23.5% of GDP (2004 est.)

      Budget:

       revenues: $5.921 billion

       expenditures: $8.262 billion, including capital expenditures of NA

       (2004 est.)

      Public debt:

       43% of GDP (2004 est.)

      Agriculture - products:

       rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses,

       oilseeds, spices, fruit; beef, milk, poultry

      Industries:

       cotton textiles, jute, garments, tea processing, paper newsprint,

       cement, chemical fertilizer, light engineering, sugar

      Industrial production growth rate:

       6.5% (2004 est.)

      Electricity - production:

       16.45 billion kWh (2002)

      Electricity - production by source: fossil fuel: 93.7% hydro: 6.3% nuclear: 0% other: 0% (2001)

      Electricity - consumption:

       15.3 billion kWh (2002)

      Electricity - exports:

       0 kWh (2002)

      Electricity - imports:

       0 kWh (2002)

      Oil - production:

       3,581 bbl/day (2001 est.)

      Oil - consumption:

       71,000 bbl/day (2001 est.)

      Oil - exports:

       NA

      Oil - imports:

       NA

      Oil - proved reserves:

       28.45 million bbl (1 January 2002)

      Natural gas - production:

       9.9 billion cu m (2001 est.)

      Natural gas - consumption:

       9.9 billion cu m (2001 est.)

      Natural gas - exports:

       0 cu m (2001 est.)

      Natural gas - imports:

       0 cu m (2001 est.)

      Natural gas - proved reserves:

       150.3 billion