Port Development and Productivity Improvement
Chapter 2. Status and Challenges on Sustainable Port Development and Productivity Improvement 2.1 Port Development and Productivity: current situation Current chapter offers “as is” analysis of the port development and productivity in selected UNESCAP member States. For each included country, it offers a) a general overview, b) national port development policies, c) examples of national good practices and d) challenges for further port development and productivity enhancement. 2.1.1 Bangladesh 1) Overview Bangladesh is the 42nd largest market-based economy in nominal term in the world and 31st largest by purchasing power parity. It is classified among the next eleven emerging market middle income economies and is considered to be a frontier market. Over the past few years, Bangladeshi economy has been growing rapidly and it continues to grow at an impressive rate. According to the IMF, Bangladesh remained the second fastest growing major economy from 2016 to 2018, with a rate of 7.0 percent. Figure 2.1.1.a. Bangladesh GDP per capita, PPP, current international $ price, 1980-2024 (Projected) 8,000 70,000 GDPper capita,PPP(current international $ 7,000 60,000 6,000 50,000 5,000 40,000 4,000 30,000 prices) 3,000 20,000 prices) 2,000 1,000 10,000 0 0 1990 1995 2000 2005 2010 2012 2015 2019 2020 2024 Asia and Pacific GDPper capita,PPP(current international $ Advanced economies Emerging market and developing economies Bangladesh Source: IMF Data Mapper, accessed on April 2019. Footnote: GDP per capita, PPP, current international $: in this report, we adopted GDP per capita, PPP, current international dollar as an economic measurement from IMF to make 3 comparative balance among the 11 selected countries, in order to measure purchasing power parity (PPP) rate of GDP per capita, which based on international dollar.
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