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Bangladesh: Middle-class growth helping to drive demand for study abroad

South Asia — Bangladesh, India, Nepal, Pakistan and Sri Lanka — is home to about a quarter of the world's population. Bangladesh alone has around 160 million people, almost half of whom (48%) are under the age of 24. With that young population, higher-education enrolment has been booming: more than three million Bangladeshis are now in tertiary education, and the University Grants Commission projects that total will climb to 4.6 million by 2026.

Even so, participation rates have lagged behind regional leaders, and the domestic system has struggled to keep pace with demand — in the number of places, the quality of provision, and graduate employment outcomes. Private providers have taken on a growing role, but capacity still trails demand.

A big bump in outbound students

As domestic capacity lags, more Bangladeshi students are studying overseas. UNESCO data showed nearly 31,000 Bangladeshis enrolled abroad in 2015 — a 33% increase over two years — with Malaysia, the USA, the UK, Australia and Germany among the leading destinations. That upward trend has only accelerated since.

A surging middle class

The Boston Consulting Group has described Bangladesh as "the surging consumer market nobody saw coming." On the back of steady economic growth, stable inflation and strong remittance inflows, the population of middle-and-affluent consumers (MACs) has grown to roughly 12 million people, expanding around 10–11% per year — faster than many other Asian markets. Today about 80% of that middle class is concentrated in Dhaka and Chittagong, though wealth is expected to spread to smaller cities over the coming decade.

For families, that rising prosperity increasingly translates into investment in an international education. If you are weighing your options, an AGI counsellor can give you an honest, profile-based assessment — book a free session with us.

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