Bangladesh Key Figures
- Population:
- 171 million
- GDP growth rate:
- 7.10 %/year
- Energy independence:
- 57.6%
Data of the last year available: 2022
- Total consumption/GDP:*
- 75.4 (2005=100)
- CO2 Emissions:
- 0.63 tCO2/capita
- Rate of T&D power losses:
- 8.10%
* at purchasing power parity
View all macro and energy indicators in the Bangladesh energy report
Bangladesh Energy News
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Bangladesh Energy Research
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Bangladesh Total Energy Consumption
Energy consumption per capita is 0.29 toe, including around 570 kWh of electricity (2022).
The country's overall energy consumption has increased by around 3% per year between 2016 and 2022, reaching 50 Mtoe in 2022; this is two times lower than GDP growth. The progression is almost two times slower than over 2010-2016.
Gas is the main energy source (49%), ahead of oil (27%), biomass (15%), and coal (7%) (2022).
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Interactive Chart Bangladesh Total Energy Consumption
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View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Bangladesh energy report
Bangladesh Crude Oil Production
The country imports over 5 times its oil production (1.4 Mt of imports for a production of 0.3 Mt in 2022).
The country has a limited refining capacity of 35.5 kb/d (2020) distributed in 2 refineries: Chittagong (33 kb/d, commissioned in 1968) and Mongla (2.5 kb/d, 2013). Production of oil products covers around 15% of the consumption. Oil product imports have quadrupled since 2010, reaching 12 Mt in 2022.
Interactive Chart Bangladesh Crude Oil Production
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Additionally, for more detailed information on refineries, you can request a sample of our Asia Refineries Dataset
Bangladesh Renewable in % Electricity Production
In 2021, Bangladesh set the objective of reaching 4.1 GW of renewable capacity by 2030 as part of its new NDCs, including nearly 2.3 GW of solar capacity (conditional contribution). The country slightly increased its goal compared to the latest PSMP (PSMP 2016), in which the target was 3.9 GW in 2041. PSMP 2016 planned for 2.4 GW of renewable capacity in 2021, including 1.27 GW of solar and 1.15 GW of wind. Only 168 MW of solar has been added since 2016 and no wind capacity.
Interactive Chart Bangladesh Share of Renewables in Electricity Production (incl hydro)
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Learn more about renewables in the Mini grid Africa & Asia markets for village electrification
Bangladesh CO2 Fuel Combustion/CO2 Emissions
In its updated NDC (2021), Bangladesh set an unconditional GHG emission reduction target of 6.7% by 2030, leading to emissions of 382 MtCO2eq in 2030, i.e. -28 MtCO2eq compared with the BAU scenario. The conditional reduction target is an additional 15% (i.e. 21.85%, i.e. -89 MtCO2eq), which would limit GHG emissions to 320 MtCO2eq. In the previous version, the reduction targets were, respectively, 5% and 10%.