Economy of Chittagong
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| Currency | Bangladeshi taka (BDT, ৳) |
|---|---|
| FY22-23 | |
Trade organisations | SAFTA, SAARC, BIMSTEC, WTO, AIIB, IMF, Commonwealth of Nations, World Bank, ADB, Developing-8 |
Country group | |
| Statistics | |
| GDP rank | 2nd in Bangladesh |
Population below poverty line | 17.4% (2022)[1] |
| 0.500[2] medium · 3rd of 20 | |
Main industries | |
The economy of Chittagong ranks second in size behind Dhaka in Bangladesh. Chittagong metropolitan City is the second largest metropolitan city in Bangladesh. Chittagong is the export hub of Bangladesh. Chittagong is the commercial hub of country. Chittagong is also home to the busiest port in the country.
The excavation of Neolithic fossils and tools in Sitakunda, Chittagong District, indicates the presence of Stone Age settlements in the region as early as the third millennium BCE.[3] The earliest historical records of the Port of Chittagong date back to the 4th century BC, when sailors from the area embarked on voyages to Southeast Asia. The 2nd century Graeco-Roman geographer Ptolemy mentioned the port on his map as one of the finest harbours in Asia and the eastern frontier of the Indian subcontinent.[4] The 7th century travelling Chinese scholar and poet Xuanzang described it as "a sleeping beauty emerging from mists and water".[5][6]