Economy

Bangladesh is a developing country, with a market-based mixed economy which predicted one of the Next Eleven emerging markets. The Bangladeshi private sector rapidly expanded with major industries such as textiles, pharmaceuticals, ship building, steel, electronics, energy, construction materials, chemicals, ceramics, food processing, and leather goods. Meanwhile, the export oriented industry has increased in recent years. The important export earning is garments sector which is contributed nearly 80%. In addition, Bangladesh has a vibrant social enterprise sector, such as Nobel Peace Prize-winning microfinance institution Grameen Bank and the world's largest non-governmental development agency BRAC.