Poverty headcount ratio at $3.65 a day (2017 PPP) (% of population)
Equivalent to 1,500 Bangladeshi taka per worker per month.
WageIndicator Foundation, 2023
Employment in agriculture (% of total employment) (modeled ILO estimate)
Agriculture, forestry, and fishing, value added (% of GDP)
Bangladesh has a population of over 169 million people, with nearly 61% of inhabitants living in rural areas. Approximately 37% of the population is employed in the agricultural sector, which accounts for nearly 12% of the nation’s GDP.
Agriculture supports the majority of the population, with many smallholder households operating in the informal economy. Smallholders make up the majority of farmers in Bangladesh, a group that has a disproportionately high poverty rate compared to the national average. Bangladesh and its farmers are particularly vulnerable to climate change as most of the nation is less than 5 meters above sea level, which significantly predisposes them to flooding.
Rice is the largest commodity in production in Bangladesh, followed by potatoes, maize, sugar cane and fresh milk. In terms of export, the top commodities are soy beans cake, jute, vegetable oil, non-alcoholic beverages and potatoes.
The minimum wage in Bangladesh varies by sector and skill level. The minimum wage for general workers is 1,500 Bangladeshi taka (14 EUR) per month, value implemented in 2013. The garment industry is a significant contributor to the nation’s economic growth, therefore, in many regions it's common to have a minimum wage for the sector. In Dhaka, for example, it's 8,000 Bangladeshi taka (73 EUR). Yet, many workers in Bangladesh are still employed informally and minimum wage regulations and labour laws are not always ensured.
The Global Living Wage Coalition has developed 2 Living Wage Benchmarks for urban Bangladesh based on the Anker methodology. One estimate is for Dhaka city, and the other for Dhaka's surrounding satellite cities and districts, while both focus on garment workers.
In Bangladesh, the garment industry employs over 4 million workers, an estimated 65% of whom are women. The living wage for workers living in Dhaka city is 23,254 Bangladeshi taka (213 EUR) per month, while the estimated living wage for satellite cities surrounding Dhaka is 19,255 Bangladeshi taka (176 EUR) per month. Both benchmarks are based on a family of 4 with 1.58 workers. These living wage estimates are more than twice the minimum wage designated for the garment industry in the Dhaka region, for example.