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Lamia Tasnim Arpita ID:19104149 Section:M-05 Course Title: English Composition Course Code: ENG102

The document compares GDP growth rates between Bangladesh, USA, the European Union, and the rest of the world from 2000 to 2005. It finds that while all regions saw declines in GDP growth around 2010, Bangladesh managed its economy well and saw continued GDP growth even after 2015, outpacing the other regions.

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37 views2 pages

Lamia Tasnim Arpita ID:19104149 Section:M-05 Course Title: English Composition Course Code: ENG102

The document compares GDP growth rates between Bangladesh, USA, the European Union, and the rest of the world from 2000 to 2005. It finds that while all regions saw declines in GDP growth around 2010, Bangladesh managed its economy well and saw continued GDP growth even after 2015, outpacing the other regions.

Uploaded by

Tasnim Arpita
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Lamia Tasnim Arpita

ID:19104149
Section:M-05
Course Title: English Composition
Course Code: ENG102

Faculty: Jannatul Ferdous, Lecturer, BIL.


The line graph illustrates the comparison of GDP growth rates among Bangladesh, USA,
European Union and the rest of the World from 2000 to next following five years. All inclusive,
the GDP growth rate of Bangladesh is much higher and almost consistent considering rest of the
countries mentioned in the graph.

In the year 2000, the GDP growth rate of BD, USA, Eu and the world was nearly the same where
the percentage of Bangladesh was approximately 6% and the other three were almost 5%.
Although the GDP growth rate fluctuated a few times during the year 2000 to 2005, it managed
to ascend after a slight drop probably in the year 2001 or 2002. It is quite lucid that the following
years the GDP rate of Bangladesh grew up moderately. However, there is a visible gradual
downward trend for all of the countries right before the year 2010. Although the GDP growth
rate of Bangladesh had dropped slightly from 7% to 5%, USA, EU and the world decreased the
considerably to the percentage from 4 and 5 to -4 and -2. Nonetheless, there was a marked
upward trend in the rate of GDP growth for USA, EU and world, whereas for Bangladesh there
was a minute rose up in the rate. After 2010 there was another small drop-in rate of USA, EU
and World but it managed to balance a moderate rate on their GDP growth. On the other hand,
the GDP growth rate of Bangladesh was only going upwards even after 2015.

To sum up, after analyzing the line graphs, it can be inferred that the dramatic drop of GDP
growth between 2005 to 2010 is because of the vulnerabilities of the financial system of entire
world. Though, it did affect the economy of USA, EU and the entire world which lead to great
recession, Bangladesh managed its economy remarkably well because of effective national
strategies. Moreover, the GDP growth of Bangladesh seems to reach more commanding position
comparing to other countries in the future.

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