Dhaka, July 26 -- Despite sluggish employment growth, Bangladesh's private education sector has expanded its economic influence significantly, according to the latest survey released by the Bangladesh Bureau of Statistics (BBS).
The 2023 data reveals that while job creation in the sector increased by only 2.5 percent, its gross output rose by a substantial 7.65 percent year-on-year, reaching Tk 85,357 crore. This indicates rising productivity and continued expansion of private educational institutions.
The sector remains a key contributor to Bangladesh's socio-economic development. In 2023, enrolment in private institutions reached 29.3 million students-an increase of 1.3 million compared to the previous year. Female students, numbering 1...