Income, wealth, education, employment, neighborhood conditions, and social policies interact in complex ways to affect our overall quality of life. The socio-economic structure in Bangladesh is mainly based on education, nationalism, and agriculture. To improve the social status and level of socio-economic structure, Eminence works for an economically stable society with more social protection and equality.
The economic development of Bangladesh has been hindered by the addition of newer problems to existing ones since independence. Bangladesh has been struggling with a low growth rate along with poor production, high population growth rate, less competitiveness in the trade market, etc. Agriculture has been the main economic sector with the employment of currently 75% of the populations’ professions but the contribution towards GDP is only 22%. Gender inequality in education has a direct impact on economic growth by lowering the average quality of human capital.
The relatively small manufacturing industries are largely tied up to the processing of domestic raw materials and are dependent on imported raw materials and intermediate goods. Though the spectacular growth, the garment industry today is Bangladesh’s top earner that covers 76% of total exports. Export earnings rose from $31 million in 1983 to $6.40 billion in 2008. The service sector accounts for more than 50% of GDP which is the combination of petty services, retail trading, personal, social and community services, and several informal activities. Such services have grown both in urban as well as in rural areas. Eminence is putting continuous effort into reaching the target GDP of our country and also promote Sustainable Development Goals (SDGs).