CEBR: Bangladesh to become 20th largest economy by 2037.

Bangladesh is slated to become the 20th largest economy in the world out of 191 countries by the year 2037, according to a London-based think tank. A London-based think tank Centre for Economics and Business Research (CEBR) made the projection that was disclosed recently. The latest findings were disclosed in CEBR's annual World Economic League Table (WELT 2023) report that cited Bangladesh as one of the fastest-growing economies in the world for more than a decade. As per CEBR, Bangladesh's long-term outlook looks promising based on its macroeconomic stability, strong remittance flows and robust export market. According to the report, Bangladesh is currently the second largest economy in the region and will continue to sustain it till 2037 with a GDP size of $1,628 billion at current prices (currently $429 billion). Bangladesh has been classified as a lower middle-income country for 2022 by the CERB, which lauded the government's...