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The economy of Dhaka contributes 40% of Bangladesh's gross domestic product. If Dhaka were a sovereign nation, it would rank as the 50th largest economy in the world and fifth largest economy in South Asia, ahead of Myanmar , Nepal , Bhutan , Maldives , Afghanistan and behind India , Bangladesh , Pakistan and Sri Lanka .
English: A map of the hemisphere centred on 90.5, 23.5, using an orthographic projection, created using gringer's Perl script with Natural Earth Data (1:50000 resolution, simplified to 0.25px). Bangladesh is highlighted in red.
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Kawran Bazar has one of the largest wholesale marketplaces in Dhaka city. It is also one of the largest marketplaces in South Asia. [citation needed] As of 2024, the Dhaka North City Corporation owns four markets at Kawran Bazar, spread across approximately 24 bighas of land, consisting of 1,789 permanent shops and 180 temporary ones. [6]
During the years 1990-1992, Bangladesh underwent economic changes following a shift in government, resulting in a recession within the real estate market due to a decline in investor interest. [6] The Real Estate Housing Association of Bangladesh (REHAB) was established in 1991 to standardize industry practices and promote consumer confidence.
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