Bangladesh National Revenue 2025 Overview
This article reviews Bangladesh's National Revenue data for fiscal year 2024-25 (FY2024-25). With a tax-to-GDP ratio of roughly 8.5%, among the lowest globally, Bangladesh continues to face structural fiscal constraints alongside rising pressure to expand its tax base.
The analysis examines the country's revenue structure, tax expansion strategy, and the direction of fiscal reform under the IMF program. It also assesses what these fiscal trends mean for Korean companies considering market entry or expansion in Bangladesh.
Revenue Structure Analysis
Around 85% of Bangladesh's national revenue is collected by the National Board of Revenue (NBR). The core pillars of NBR revenue are value-added tax (VAT), income tax, and customs duties, while non-NBR receipts such as fees and royalties, along with non-tax income including SOE dividends and asset sales, make up the remainder.
| Tax Item | Target (Bn BDT) | Share of Total | YoY Change | Share of GDP |
|---|---|---|---|---|
| Value-Added Tax (VAT) | 1,650 | 38.4% | +12% | 3.3% |
| Income Tax | 1,420 | 33.0% | +15% | 2.8% |
| Customs Duties | 720 | 16.7% | +8% | 1.4% |
| Supplementary Duty (SD) | 310 | 7.2% | +10% | 0.6% |
| Other NBR Taxes | 200 | 4.7% | +5% | 0.4% |
Fiscal Reform Direction and the IMF Program
Implications for Korean Companies
Practical Readout for Market Entrants
For foreign companies, Bangladesh's low tax ratio is not simply a fiscal statistic. It signals a market where the government has strong incentives to tighten compliance, reduce exemptions, and improve tax administration. That increases the importance of local tax planning, customs monitoring, and regulatory due diligence.