Bangladesh Economy

[BananaRepublic]

Bangladesh actual revenue for 2024-25 was $35bn and GDP $448bn.

Pakistan actual revenue for 2024-25 was $65bn and GDP $407bn.

Can anyone explain why Bangladesh cannot rise their revenue share of GDP and continue to present wild estimates for budget only to be corrected massively when actual data come? I though new govt will change it but looking at today budget doesn't seem to be the case.

If I remember correctly - Economist answered that question few years ago.

Bangladesh tackled feudalism quite brutally.

whilst Pakistan and India resemble medieval society.

Given wealth is concentrated in a few families in India and Pakistan - they fall under higher tax brackets.

Whilst wealth is spread very thinly in Bangladesh - large number either don’t qualify for tax or fall under low tax brackets.

@uksyl @SoulSpokesman

Having said that, tax take has gone down under Yunus regime due to higher corruption.