Population, Total for Bangladesh
POPTOTBDA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173,562,364.00
Year-over-Year Change
11.93%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Bangladesh' trend measures the total population of Bangladesh over time. This data is vital for economists and policymakers to understand demographic trends and plan for the country's future development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the estimated total population of Bangladesh, including all residents regardless of legal status or citizenship. It is an important indicator for analyzing population growth, urbanization, and other socioeconomic factors that shape the Bangladeshi economy.
Methodology
The data is collected and calculated by the World Bank based on official population censuses and surveys.
Historical Context
Tracking Bangladesh's population trends is crucial for economic and social policy decisions at both the national and local levels.
Key Facts
- Bangladesh is the 8th most populous country in the world.
- The population grew from 76 million in 1980 to 165 million in 2020.
- Over 34% of the population lives in urban areas as of 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Bangladesh' trend measures the estimated total population of Bangladesh over time, including all residents regardless of legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: Tracking Bangladesh's population growth and distribution is crucial for economists, policymakers, and development planners to understand demographic trends and their impact on the country's economy and society.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official population censuses and surveys conducted in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this population data to inform decisions on economic development, infrastructure planning, resource allocation, and social welfare programs in Bangladesh.
Q: Are there update delays or limitations?
A: The population data is typically updated annually, but there may be some delay in publishing the latest figures. The data may also have limitations in capturing hard-to-reach or undocumented populations.
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Citation
U.S. Federal Reserve, Population, Total for Bangladesh (POPTOTBDA647NWDB), retrieved from FRED.