Bangladesh's economy grew by a mere 1.81% in the July-September quarter of the fiscal year 2024-25, reflecting the deep impact of a mass uprising that led to the ousting of Sheikh Hasina's government in early August.
The subdued growth represents the slowest quarterly expansion in at least five quarters, according to data from the Bangladesh Bureau of Statistics (BBS).
This marks a sharp contrast with the same period of the previous fiscal year, where the country's Gross Domestic Product (GDP) had expanded by a robust 6.04%.
In terms of sectoral performance, agricultural production saw a modest increase of only 0.16% during Q1 of FY25, compared to 0.35% growth during the corresponding period of the previous fiscal year.
Factory output also experienced a significant slowdown, with growth dropping to 2.13% in the first quarter of FY25, down from 8.22% in the same quarter of the previous year.
Likewise, the services sector grew by just 1.54% in the July-September period of FY25, a sharp decline from the 5.07% growth registered during the same period in FY24, the BBS data revealed.
