HSBC has projected Bangladesh’s economy to grow by 4.4% in FY2026–27, driven by improving global conditions, ongoing domestic reforms, and a recovery in exports.
Speaking at an economic outlook event in Dhaka, Frederic Neumann, Chief Asia Economist at HSBC, said lower oil prices, a stabilising outlook for US tariffs, and resilient global growth are expected to support Bangladesh’s export performance, particularly the ready-made garment sector, in the second half of the fiscal year.
HSBC also noted that economic reforms aimed at improving the business climate are expected to boost private investment and domestic consumption, helping the country maintain its recovery momentum.
According to provisional data from the Bangladesh Bureau of Statistics (BBS), the country’s GDP grew by 4.14% in FY2025–26, compared with 3.49% in the previous fiscal year. The government has set a 6.5% GDP growth target for FY2026–27.
At the event, Finance and Planning Minister Amir Khosru Mahmud Chowdhury emphasized the importance of strengthening institutions, reducing bureaucratic hurdles, diversifying exports beyond apparel, and encouraging private investment to support sustainable long-term economic growth.
