Bangladesh’s Global Rankings and Indices: An Analytical Study

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Bangladesh’s Global Rankings and Indices: An
Analytical Study

 
Bangladesh’s Global Rankings and Indices
Introduction:

 Bangladesh, a country with a vibrant history and diverse culture, has been steadily making its presence known on the international stage. Situated in South Asia, it is a land of ancient traditions and a rich tapestry of cultures, languages, and religions. Its history is marked by periods of empires, colonial rule, and a struggle for independence, which it achieved in 1971. Since then, the nation has made significant strides in various aspects of development.

Various global rankings and indices offer valuable insights into the nation’s progress across a multitude of sectors. These indices assess a wide range of factors, including economic growth, education, healthcare, political stability, and environmental sustainability. They provide a snapshot of where Bangladesh stands in comparison to other countries, helping policymakers and stakeholders gauge the nation’s strengths and areas for improvement.

One of the key areas where Bangladesh has made remarkable progress is in the realm of economic development. The country has experienced consistent economic growth over the past few decades, earning it a place among the world’s emerging economies. Its ready-made garment industry, agriculture, and remittances from expatriates have played a pivotal role in boosting the nation’s economy. Moreover, Bangladesh’s efforts in promoting entrepreneurship and improving the ease of doing business have been acknowledged globally, making it an attractive destination for foreign investments.

Despite these achievements, Bangladesh faces significant challenges. Income inequality, access to quality education, and healthcare services are areas where disparities persist. The nation’s growing population and limited land resources pose challenges for sustainable urban development and environmental conservation. Additionally, political stability and good governance remain important issues that demand attention for the nation’s continued progress.

For the future, these rankings and indices can serve as a roadmap for Bangladesh’s development. By recognizing its strengths and addressing its challenges, the country can continue to improve the lives of its citizens and elevate its international standing. Moreover, such analyses can guide policymakers in setting priorities, implementing effective policies, and fostering international collaborations to overcome hurdles and further enhance Bangladesh’s position on the global stage.

 Bangladesh’s journey from a war-torn nation in 1971 to a rapidly developing country today is a testament to its resilience and determination. As it continues to evolve and navigate the complexities of the modern world, a comprehensive analysis of its performance in global rankings and indices provides valuable insights. These insights, if used wisely, can contribute to a brighter future for Bangladesh, one where its diverse culture and vibrant history are celebrated on an even larger international stage.

1. World Bank’s Statistical Capacity Index – 2023:

The World Bank’s Statistical Capacity Index for 2023
measures the capacity of countries to collect, analyze, and disseminate
high-quality data. Bangladesh’s score of 58.1 places it among 174 countries. This
marks a significant improvement from 2014 when Bangladesh’s score was 80
points. Comparatively, Pakistan scores 60.7, and Myanmar scores 63.8.

The Statistical Capacity Index is vital as it enables
governments to make informed decisions, supports sustainable development, and
allows for effective policy formulation.

2. Global Hunger Index – 2023:

The Global Hunger Index is a crucial metric for assessing
food security and nutrition worldwide. In the 2023 index, Bangladesh is ranked
81st out of 125 countries. This places Bangladesh in the moderate hunger
category. India ranks 111th, and Pakistan holds the 102nd position.

Food security and nutrition are essential for the well-being
of a nation’s population. Addressing hunger is vital for achieving sustainable development
goals.

3. Minimum Wage in the Garment Industry:

The minimum wage in the garment industry is a critical
consideration for labor rights and economic development. In Bangladesh, garment
workers receive a minimum wage of $72.42 in American dollars. This wage is
comparatively lower than other countries in the region, with India at $171.18,
Cambodia at $200, Indonesia at $242.94, and China at $303.59.

4. Global Business Environment Index – 2023:

The Global Business Environment Index for 2023 assesses the
overall business environment in different countries. Bangladesh’s rank of 168th
out of 190 countries highlights the need for improvements in the country’s
business ecosystem.

A favorable business environment is essential for attracting
foreign investment, promoting economic growth, and fostering entrepreneurship.

5. Freedom on the Net – 2023:

The Freedom on the Net Index for 2023 assesses the level of
internet freedom in different countries. Bangladesh scores 41 in this index,
India scores 50, and Pakistan scores 26.Internet freedom is crucial for free
expression, access to information, and ensuring a vibrant digital economy.

6. Coal to Electricity Production Cost:

The cost of coal to electricity production is an important
factor in energy affordability and sustainability. In Bangladesh, the cost is
13.92 Bangladeshi Taka per kilowatt-hour. In comparison, India’s cost is 5-8
Taka, Pakistan’s cost is 10-12 Taka, and China’s cost is 4-6 Taka per
kilowatt-hour.

7. Ease of Doing Business – 2023:

The Ease of Doing Business Index for 2023 ranks Bangladesh
67th out of 190 countries. This index assesses the regulatory environment for
businesses, which directly impacts economic development.

An improved business environment can attract foreign
investments, create job opportunities, and stimulate economic growth.

8. Slowest Cities in the World:

In the Slowest Cities Index for 2023, Dhaka, the capital of
Bangladesh, tops the list as the slowest city for traffic mobility. Mymensingh
is ranked 9th, and Chittagong is ranked 12th.

Traffic congestion has economic and environmental
implications, and addressing this issue is critical for sustainable urban
development.

9. Road Traffic Speed Impact on GDP:

The correlation between road traffic speed and economic
development is evident. A 1.3% increase in road traffic speed in Bangladesh
could potentially lead to a 10% increase in GDP.Efficient transportation
infrastructure is vital for economic productivity and growth.

10. Times Higher Education World University Rankings – 2024:

In the Times Higher Education World University Rankings for
2024, Bangladesh does not have any universities listed in the top 800
universities globally. In contrast, India has 24 universities, and Pakistan has
8 universities in the list.

Quality higher education institutions are essential for
research, innovation, and human capital development.

11. United Nations Agencies (FAO, IFAD, UNICEF, WFP, and
WHO) Report on Food Security and Nutrition in the World – 2023:

The 2023 report from various United Nations agencies, including the Food and Agriculture Organization (FAO), International Fund for Agricultural Development (IFAD), United Nations Children’s Fund (UNICEF), World Food Programme (WFP), and World Health Organization (WHO), underscores the critical issue of food security in Bangladesh. The findings highlight the urgent need for concerted efforts to alleviate the dire situation faced by the country’s population.

In Bangladesh, the report reveals a staggering reality with more than 520 million individuals grappling with moderate to severe food insecurity. This alarming statistic signifies a significant portion of the population facing challenges in accessing an adequate and nutritious diet on a regular basis. Particularly concerning is the revelation that approximately 187 million people in Bangladesh are undergoing severe food insecurity, indicating a heightened risk of malnutrition and other related health issues.

The report emphasizes the integral role that addressing food security plays in the broader context of sustainable development. Access to sufficient, safe, and nutritious food is not only a basic human right but also a cornerstone for achieving overall well-being and sustainable progress. The prevalence of food insecurity not only threatens the health of individuals but also hampers the potential for economic growth, educational attainment, and social stability.

Efforts to enhance food security in Bangladesh should involve a comprehensive approach that addresses the root causes of food insecurity, such as poverty, lack of access to resources, and environmental challenges. The implementation of effective agricultural practices, the promotion of resilient food systems, and the improvement of social safety nets are crucial components of a multifaceted strategy to combat food insecurity.

Furthermore, the United Nations agencies stress the importance of collaboration between governmental bodies, non-governmental organizations, and international partners to pool resources, share expertise, and implement coordinated interventions. This collective effort is essential to creating sustainable solutions that can uplift vulnerable communities and build resilience against future challenges.

The report serves as a wake-up call, urging policymakers, stakeholders, and the global community to prioritize and expedite actions to address the pressing issue of food security in Bangladesh. By fostering a holistic and collaborative approach, there is hope for creating a future where all individuals have access to nutritious food, enabling them to lead healthy and productive lives while contributing to the overall sustainable development of the nation.

12. Plastic Waste Mismanagement:

The mismanagement of plastic waste is a global concern.
Bangladesh ranks tenth among the twenty countries that most mismanage plastic
waste. This issue has severe environmental implications, including soil, water,
fish, and wildlife contamination.Effective waste management is crucial for
environmental sustainability.

13. Health Expenditure:

Healthcare expenditure is a vital indicator of a nation’s
commitment to public health. In Bangladesh, a significant 44% of health
expenditure is borne by individuals, the highest among countries in the world.
Globally, the average individual contribution to health expenditure is approximately
15%.

Balancing public and private health expenditure is essential
for ensuring equitable access to healthcare.

14. Gender Disparities:

Gender disparities persist in various aspects of life in
Bangladesh. These disparities include disparities in internet and mobile phone
usage, as well as disparities in land ownership. Addressing gender inequality
is essential for achieving sustainable development goals and inclusive growth.

Bangladesh must continue its efforts to improve the
well-being and livelihoods of its citizens while focusing on sustainability and
equitable development in the years to come. International cooperation and
data-driven policymaking will be instrumental in overcoming these challenges
and achieving a brighter future for Bangladesh.

In the year 2023, the global human rights landscape presents
a complex picture, and Bangladesh finds itself at various positions in
different international indices. As a country striving for progress and
development, Bangladesh is continuously working to address its challenges. This
article will examine the country’s standing in several key global indices that
assess human rights and social progress.

Global Slavery Index 2023:

The Global Slavery Index for 2023 reveals that among 149
countries, Bangladesh ranks among the bottom 10 when it comes to the prevalence
of modern-day slavery. This index highlights the unfortunate existence of
forced labor and human trafficking in the country. While the government has
taken steps to combat these issues, there is still much work to be done to
eliminate this grave violation of human rights.

Fiscal Transparency in the United States:

The Fiscal Transparency Report 2023 by the United States
underscores international standards for economic transparency and accountability.
Surprisingly, Bangladesh is not included in the list of 141 countries that meet
the minimum criteria for fiscal transparency. This report is significant for
countries striving to ensure financial accountability and transparency in their
governance.

Times Higher Education Asia University Rankings 2023:

The Times Higher Education Asia University Rankings 2023
paints a sobering picture for Bangladesh as it fails to have any of its
universities featured in the top 100 of Asia’s leading institutions of higher
education. In contrast, neighboring India boasts 101 universities in this
prestigious list. This indicates that Bangladesh needs to invest more in its
higher education sector to compete at a regional level effectively.

The Global Liveability Index 2023:

In the Global Liveability Index, which ranks the world’s
most livable cities, Dhaka, the capital of Bangladesh, stands at 166th place
out of 173 cities worldwide. While Dhaka faces numerous challenges in terms of
urban planning, infrastructure, and quality of life, the city’s authorities
must focus on improving its liveability.

Global Gender Gap Report 2023:

The Global Gender Gap Report 2023 ranks Bangladesh at the
59th position out of 146 countries in terms of gender equality. While this is
an improvement, it still highlights that significant work remains to achieve
gender parity. In comparison, India ranks 127th and Pakistan 142nd. Bangladesh
must continue its efforts to empower women in political, educational, economic,
and social spheres.

Global Report on Human Trafficking:

According to the Global Report on Human Trafficking 2023 by
the United Nations, Bangladesh is placed at Tier 2 in the fight against human
trafficking. This report acknowledges Bangladesh’s efforts but also highlights
areas where more actions are required to combat trafficking effectively.

UNDP’s Gender-Based Social Behavior Index 2023:

The UNDP’s Gender-Based Social Behavior Index 2023
highlights that in the fields of politics, education, economics, and the
physical and mental rights of women, 90% of societies globally exhibit some
form of discrimination against women. In Bangladesh, this rate is a staggering
99% (excluding education). This calls for comprehensive efforts to challenge
and change deeply ingrained gender biases and discrimination.

Heritage Foundation’s Economic Freedom Index 2023:

The Heritage Foundation’s Economic Freedom Index 2023 ranks
Bangladesh 123rd out of 176 countries, with a score of 54.4. This score is
lower than the global and regional averages, indicating the need for more
economic liberalization and market-oriented reforms. A stronger focus on
free-market policies could contribute to higher economic growth and
development.

Johns Hopkins University’s Fragile States Index 2023:

Bangladesh finds itself at 115th place among 157 fragile
states in the Johns Hopkins University’s Fragile States Index. The country
faces numerous challenges related to governance, security, and development. It
is essential for the government to address these issues systematically to ensure
long-term stability and prosperity.

World Bank Report 2023 on Banking:

The World Bank’s report on the banking sector in 2023
reveals that Bangladesh has a 9% rate of non-performing loans in its banking
system. This is higher than in India (5%) and close to Pakistan (approximately
8%). The weak regulatory mechanisms contribute to the rising levels of bad
loans in Bangladesh. It is imperative for the country to strengthen its banking
sector to ensure financial stability.

Escap’s 2023 Report on Unauthorized Transportation:

According to the Economic and Social Commission for Asia and
the Pacific (ESCAP), Bangladesh leads Asia with 58% unauthorized vehicle usage
in Khulna and 54% in Dhaka. This indicates an urgent need to improve public
transportation infrastructure and enforce stricter regulations.

Reporters Without Borders’ World Press Freedom Index 2023:

Bangladesh ranks 163rd out of 180 countries in the Reporters
Without Borders’ World Press Freedom Index. This shows that there are still
concerns regarding the freedom of the press and the safety of journalists in
the country.

ILO’s Global Wage Report 2022-23: Impact of Inflation and
COVID-19 on Wages and Purchasing Power:

In the International Labor Organization’s (ILO) Global Wage
Report for 2022-23, Bangladesh faced challenges in terms of wage growth. The
country experienced a negative real wage growth rate of -4.4%. This highlights
the need for measures to improve living standards for the workforce in the face
of inflation and the economic impact of COVID-19.

Bangladesh’s position in various global indices offers a
mixed perspective on its progress and challenges. While the nation has made
significant strides in various fields, there is much work to be done to address
issues related to human rights, economic transparency, gender equality, and
economic development. The government and the people of Bangladesh must continue
their efforts to improve the country’s standing in these critical global
indices and ensure a better future for all its citizens.

Bangladesh, a country situated in South Asia, is known for
its rich culture, diverse population, and a history of resilience. However,
despite its many positive attributes, the nation faces a series of challenges
and issues that have earned it a rather unique and complex status in various
international rankings. In this article, we will explore the state of
Bangladesh through the lens of various global indices, shedding light on its
performance in areas ranging from child marriage and air pollution to economic
growth and political stability.

Child Marriage: A Pressing Issue:

One of the most pressing concerns in Bangladesh is the
prevalence of child marriage. According to the United Nations Population Fund’s
World Population Situation 2023 report, Bangladesh has the highest rate of
child marriage in the world, with 51% of all marriages involving minors. This
alarming statistic outpaces even countries in Asia, such as India at 23% and
Pakistan at 18%. A recent report by BRAC, published in October, even suggests that
the child marriage rate in Bangladesh is nearly 45%, emphasizing the severity
of the issue.

Child Rights: A Long Way to Go:

The KidsRights Index 2023, an annual global index that
assesses children’s rights, ranks Bangladesh at 102nd place out of 185 countries.
While this may seem like a significant achievement, it highlights the vast room for improvement in child rights and protections in
the country. The index considers factors such as child labour, child marriage,
and access to education.

Logistics Performance: A Mixed Picture:

When it comes to logistics performance, as per the World
Bank’s Logistics Performance Index 2023, Bangladesh is ranked 88th out of 139
countries. This is an area where Bangladesh outperforms neighboring India,
which ranks 38th. However, this ranking suggests that there is still
significant room for improvement in terms of infrastructure, trade efficiency,
and customs processes.

Global Terrorism Index: An Ongoing Challenge:

The Global Terrorism Index 2023 examines the impact of terrorism,
and in this aspect, Bangladesh ranks 43rd among 163 countries, with a score of
3.827. While this may not be among the worst, it is crucial to address the
underlying causes and threats to counteract terrorism effectively. Notably,
Bangladesh outperforms India and Pakistan in this regard.

Human Capital Index: A Room for Growth:

Assessing human capital, Bangladesh is ranked 123rd out of
174 countries according to the Human Capital Index. This index measures the
potential of future generations and highlights the need for investments in
healthcare, education, and workforce development.

World Traffic Index 2023: A Congestion Challenge:

In the World Traffic Index 2023, which ranks cities by their
traffic congestion, Dhaka, the capital of Bangladesh, is ranked fifth globally
and sixth in terms of pollution. The heavy traffic and air pollution in Dhaka
are a major concern, impacting the quality of life and public health.

Global Soft Power: A Struggle:

In the Brand Finance Global Soft Power Index 2023, Bangladesh
is ranked 95th among 121 countries, with a score of 34.8 and a brand value of
508 billion dollars. This indicates that the nation faces challenges in
projecting its soft power on the global stage.

Informal Labor Market Dominance:

As per the World Bank’s 2023 report, Bangladesh leads the
world in the informal labour market, a position that is often considered
undesirable due to the lack of job security and labour rights.

Health, Pension, and Wage Systems:

In terms of health care access, pension systems, and wage
structures, Bangladesh ranks fourth, sixth, and ninth, respectively, among 174
countries, according to the World Bank.

Air Pollution: A Critical Concern:

The World Air Quality Report 2023, which focuses on air
pollution, places nine of the top ten most polluted cities in South Asia, with
Dhaka being one of them. Air pollution is responsible for 20% of premature
deaths in Bangladesh, as highlighted by a report from a group of scientists
from the University of Wisconsin-Madison, St. Louis University, and the
Netherlands Institute for Space Research.

World Happiness Report 2023:

When it comes to happiness, Bangladesh ranks 118th among 137
countries in the World Happiness Report 2023, indicating the importance of
addressing societal and individual well-being.

Gender Gap: A Long Road Ahead:

In the Global Gender Gap Report 2023, Bangladesh ranks 71st
out of 146 countries, showcasing the challenges women face in the country.
Despite efforts to promote gender equality, more work is needed to bridge the
gender gap.

Democracy in Bangladesh:

According to the Institute for Democracy and Electoral
Assistance’s Democracy Index 2023, Bangladesh ranks 147th out of 179 countries,
indicating that while the country practices an “election-based
democracy,” there is a need for further strengthening democratic
institutions and practices.

Economic Growth and Foreign Debt:

Over the past decade, Bangladesh has experienced significant
economic growth, with a 213.6% increase in foreign debt between 2011 and 2021,
as per data from various reports.

Global Firepower Military Strength Index:

In terms of military strength, as per the Global Firepower
Military Strength Index 2023, Bangladesh is ranked 40th among 145 countries,
highlighting the country’s military capabilities.

Human Rights Concerns:

In the Human Rights Watch’s World Report 2023, it is noted
that human rights defenders and political opposition members in Bangladesh have
faced increasing violence and repression.

 In conclusion, Bangladesh’s standing in various global
indices is a reflection of the complex tapestry of its achievements and
challenges. The nation has made substantial progress in several key areas, and
this progress is indeed commendable. The strides made in healthcare, child
rights, and economic growth showcase the dedication of the government and the
resilience of the Bangladeshi people. It demonstrates the potential for
development and improvement that exists within the nation.

 One of the most notable achievements is in healthcare.
Bangladesh’s success in reducing the prevalence of diseases such as polio and
its advancements in healthcare infrastructure have resulted in a healthier
population and longer life expectancy. These accomplishments not only indicate
the government’s commitment to the well-being of its citizens but also offer a
glimmer of hope for further progress.

Furthermore, the improvement in child rights is a testament
to the nation’s efforts to secure a better future for its youngest citizens. By
taking steps to combat child labor and child marriage, Bangladesh has shown a
strong commitment to ensuring that children are not deprived of their rights.
These achievements offer a foundation upon which to build a more equitable
society and foster future leaders.

 In addition, the country’s economic growth is another area
where Bangladesh shines on the global stage. With significant economic
expansion over the past decade, the nation has demonstrated its potential for
further development. However, this growth must be sustainable and inclusive,
ensuring that economic benefits are widely distributed and that the prosperity
reaches all segments of society.

Despite these significant accomplishments, it’s essential to
acknowledge the challenges that Bangladesh continues to face. Child marriage
remains a critical issue that demands immediate attention. With a staggering
51% child marriage rate, the country tops the global charts, and the recently
released BRAC report indicating a child marriage rate of nearly 45% underscores
the urgency of addressing this issue. The detrimental consequences of child
marriage on the lives of young girls cannot be overstated, and concerted
efforts are needed to eradicate this practice.

 Air pollution is another pressing concern. Dhaka, the
capital city, is listed as one of the top 10 most polluted cities globally,
with pollution levels leading to significant health hazards. The high level of
air pollution contributes to various health issues, including respiratory
diseases, and poses a substantial threat to the well-being of the population.
Tackling this problem requires a comprehensive approach, including stricter
regulations, the promotion of green technologies, and public awareness campaigns.

Conclusion:

Political stability is yet another challenge that Bangladesh
faces, as reflected in various global indices. The need for a more robust
democratic system and the protection of human rights cannot be overstated.
These issues are critical for ensuring a secure and stable environment for
economic growth and social development.

In the years to come, Bangladesh must channel its remarkable
progress into addressing these persistent challenges. Collaborative efforts
from the government, civil society, and international partners are essential to
overcoming child marriage, air pollution, and political instability. These
issues should not be seen as insurmountable obstacles but rather as
opportunities for growth and development.

In closing, Bangladesh’s diverse global rankings are a call
to action. The country has shown that it can overcome challenges, as evidenced
by its success in healthcare, child rights, and economic growth. By
prioritizing the eradication of child marriage, improving air quality, and
enhancing political stability, Bangladesh can continue on its path toward
becoming a more equitable and prosperous nation. Celebrating its successes and
learning from its challenges, Bangladesh can navigate the complex terrain of
global indices and pave the way for a brighter and more sustainable future for
its people.

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