Bangladesh: Services, value added (constant LCU)

Key figures

Over five years it is up 29.82% from 13.38 trillion in 2020 (5.36% a year on average, compounded). Since 1960 it is up 1,284% from 1.26 trillion in 1960 (4.13% a year on average, compounded).

What the numbers say

In 2025, Bangladesh's services, value added (constant LCU) rose 4.3% on 2024 (from 16.65 trillion to 17.37 trillion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 0.8% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 9% in 1980 and the biggest yearly fall was 6.8% in 1971. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 753.48 billion a year. A straight line explains 100% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 19.44 trillion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 524.59 billion, against 1.59 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Bangladesh had the 24th highest value of the 161 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bangladesh in the 2025 ranking

• Myanmar — 21st of 161: 31.17 trillion
• Côte d'Ivoire — 22nd of 161: 24.68 trillion
• Pakistan — 23rd of 161: 23.86 trillion
• Mongolia — 25th of 161: 16.81 trillion
• Mexico — 26th of 161: 15.39 trillion
• Philippines — 27th of 161: 14.81 trillion

What this measures

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 66 values

Services, value added (constant LCU) in nearby economies

• Bhutan — 126.2 billion (2025)
• India — 155 trillion (2025)
• Maldives — 81.7 billion (2025)
• Nepal — 1.37 trillion (2025)
• Sri Lanka — 7.68 trillion (2025)

More economic policy & debt data for Bangladesh

• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$244.52 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 23.31 trillion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$1,392 (2025)
• Final consumption expenditure (current US$) — US$356.03 billion (2025)
• Final consumption expenditure (current LCU) — 43.03 trillion (2025)
• Final consumption expenditure (constant 2015 US$) — US$265.37 billion (2025)
• Final consumption expenditure (constant LCU) — 25.51 trillion (2025)
• Final consumption expenditure (% of GDP) — 78.02% (2025)
• Gross national expenditure deflator (base year varies by country) — 163.08 (2025)
• Gross national expenditure (current US$) — US$486.27 billion (2025)
• Gross national expenditure (current LCU) — 58.77 trillion (2025)
• Gross national expenditure (constant 2015 US$) — US$368.35 billion (2025)
• Gross national expenditure (constant LCU) — 36.04 trillion (2025)
• Gross national expenditure (% of GDP) — 106.56% (2025)
• Exports of goods and services (current US$) — US$50.72 billion (2025)

Every indicator for Bangladesh is on the Bangladesh data page.

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Bangladesh's services, value added (constant LCU)?

17.37 trillion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 1,284% from 1.26 trillion in 1960 (4.13% a year on average, compounded). The highest value was 17.37 trillion in 2025 and the lowest 1.26 trillion in 1960.

How does Bangladesh rank?

24th highest of 161 economies with data for 2025.

Is the latest change in services, value added (constant LCU) unusual for Bangladesh?

In 2025, Bangladesh's services, value added (constant LCU) rose 4.3% on 2024 (from 16.65 trillion to 17.37 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 0.8% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Where is Bangladesh's services, value added (constant LCU) heading?

From 2016 to 2025 the straight-line trend is upward, about 753.48 billion a year. A straight line explains 100% of the movement over 10 observed years. Extending that straight line gives about 19.44 trillion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 524.59 billion, against 1.59 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NV.SRV.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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