Bangladesh, a country with a burgeoning population and a
youthful workforce, has witnessed a significant rise in its manpower export
market in recent years. The export of Bangladesh manpower to various countries
across the globe has become a key contributor to the country's economy. The
Bangladesh Bureau of Statistics (BBS), the labor force participation rate in
Bangladesh stands at approximately 63%, indicating a significant portion of the
population is actively engaged in the workforce. This high participation rate
is reflective of Bangladesh's youthful population, with a median age of around
27 years. Bangladesh has achieved a significant milestone in labor migration,
surpassing the 1 million mark in labor exports.
Approximately 10.99 lakh Bangladeshi workers have secured
overseas jobs. Besides, increasing the quota for Bangladeshi migrants in all
Saudi firms to 40% from 25% has contributed to this record growth. Saudi
Arabia, the top destination for Bangladeshi migrants, generated 37% of all
overseas jobs, followed by Malaysia, Oman, the UAE, Singapore, Qatar, Kuwait,
and Jordan. The reopening of the Malaysian labor market also contributed to
overseas job growth. Malaysia has recruited the second-highest number of
workers, with over 3.07 lakh workers hired in sectors such as manufacturing,
construction, services, plantation, agriculture, mining, and household service
domains.
Booming Workforce of Bangladesh Bangladesh, a country with a
burgeoning population and a youthful workforce, has witnessed a significant
rise in its manpower export market in recent years. The export of Bangladesh
manpower to various countries across the globe has become a key contributor to
the country's economy. The Bangladesh Bureau of Statistics (BBS), the labor
force participation rate in Bangladesh stands at approximately 63%, indicating a
significant portion of the population is actively engaged in the workforce.
This high participation rate is reflective of Bangladesh's youthful population,
with a median age of around 27 years.
Bangladesh has achieved a significant milestone in labor
migration, surpassing the 1 million mark in labor exports. Approximately 10.99
lakh Bangladeshi workers have secured overseas jobs. Besides, increasing the
quota for Bangladeshi migrants in all Saudi firms to 40% from 25% has
contributed to this record growth. Saudi Arabia, the top destination for
Bangladeshi migrants, generated 37% of all overseas jobs, followed by Malaysia,
Oman, the UAE, Singapore, Qatar, Kuwait, and Jordan. The reopening of the
Malaysian labor market also contributed to overseas job growth. Malaysia has
recruited the second-highest number of workers, with over 3.07 lakh workers hired
in sectors such as manufacturing, construction, services, plantation,
agriculture, mining, and household service domains.