EAS Publisher | E-Commerce and its Economic Contribution in Bangladesh

E-Commerce and its Economic Contribution in Bangladesh

DOI : https://doi.org/10.36349/easjebm.2022.v05i10.011

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Background: E-commerce is the online transfer of money and data to buy or sell goods. Economic output growth is the rise in commodities and services over time. Inflation may be nominal or real. Gross domestic product has been used to quantify economic growth historically. Objective: The objective of the study is to discuss the modalities of E-Commerce industry in Bangladesh and its future financial benefit in connection with global market strategy. Methodology: The research included both qualitative and quantitative methods. Quantitative methods include surveys with structured questions and interviews with unstructured questions and observations. Results: Most of the service provider (94.7%) and service receiver (98.4%) said that the contribution of e commerce business during COVID-19 is positive and service providers said that current position of e-commerce business in Bangladesh very well (42.1%) and service receiver said (28.6%) very well. Conclusion: E-commerce has positive impact on economic growth and GDP.

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