Bangladesh: Unpaid Care Work Valued at 18.9% of GDP

Bangladesh has officially recognized the economic value of unpaid household care work, a significant step towards acknowledging the contributions of women in particular. This recognition comes as the Bangladesh Bureau of Statistics (BBS) has released a report detailing the substantial economic impact of this work.

The report indicates that unpaid household care work contributes approximately 18.9% to Bangladesh’s Gross Domestic Product (GDP). This figure highlights the immense, yet historically unquantified, economic value generated within homes across the country.

The BBS conducted the study, and its findings are based on extensive data collection. The recognition aims to bring to light the crucial role of this labor, which is predominantly carried out by women, in supporting the national economy and societal well-being.

This acknowledgment is expected to pave the way for more informed policy-making, potentially leading to better support systems and recognition for individuals engaged in these essential tasks. The inclusion of unpaid care work in GDP calculations provides a more comprehensive picture of the nation’s economic output.

Key Points
* Unpaid household care work contributes approximately 18.9% to Bangladesh’s GDP.

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