section_path: Economy/Private sector
section_name: Private sector
paragraph_text: Private sector
  
  The private sector accounts for 80% of GDP compared to the dwindling role of state-owned companies. Bangladesh's economy is dominated by family-owned conglomerates and small and medium-sized businesses. Some of the largest publicly traded companies in Bangladesh include Beximco, BRAC Bank, BSRM, GPH Ispat, Grameenphone, Summit Group, and Square Pharmaceuticals. Capital markets include the Dhaka Stock Exchange and the Chittagong Stock Exchange. Its telecommunications industry is one of the world's fastest-growing, with 171.854 million cellphone subscribers in January 2021. Over 80% of Bangladesh's export earnings come from the garments industry. Other major industries include shipbuilding, pharmaceuticals, steel, ceramics, electronics, and leather goods. Muhammad Aziz Khan became the first person from Bangladesh to be listed as a billionaire by Forbes.