The economy of Bangladesh is growing steadily benefiting from reforms and increasing openness. Annual GDP growth has accelerated from 4.1% in the period FY1973-1978 to 6.2% in FY2008-2013. Excitingly, since FY 2015-16 Bangladesh has been experiencing more than 7.0% GDP growth which crossed 8.0% in 2018-19 that gives the country an aspiration to claim up to double digits. Literacy rate has increased over past decades, so has school enrollment, and particularly girls and women’s participation in education. Population and labor force is predominantly young with more than a third in the 15-34 age group in 2010. Bangladesh is well-placed to benefit from the demographic dividend up to 2050 and perhaps beyond due to decline in fertility rates which, combined with effective policies and markets, triggers faster rates of economic growth and human development.