Bangladesh ranks ninth on list of most generous countries in Asia


FE Online Desk | Published: March 03, 2019 14:55:48 | Updated: March 03, 2019 19:25:37


BD ninth most generous country in Asia

Bangladesh has been ranked the ninth most generous country in Asia, according to a global index.

In the world, the country, with an overall score of 31 per cent, has stood 74th, and in South Asia, fourth, the CAF World Giving Index 2018 shows.

Bangladesh also came in seventh position in the table of Top 10 countries of the world in terms of the number of people helping a stranger.

British organisation Charities Aid Foundation (CAF) prepared the index after collecting data from 146 countries throughout 2017.

Indonesia has topped the CAF World Giving Index for the first time, scoring highest 59 per cent, meaning that the country is also on top of the Asian generosity chart.

Eight other countries that have had a place in the Asian Top 10 are Indonesia, Singapore, Myanmar, Sri Lanka, Mongolia, Nepal, Republic of Korea, Thailand and Philippines.

The CAF report highlighted the importance of giving by middle classes in the world.

“With as many as 2.4 billion people set to join the world’s middle classes by 2030, it is crucial that we ensure that the groundwork is put in place to support and encourage a mass engagement in giving,” the report says.

“We estimate that if the world’s middle classes were to give just 0.5% of their spending – less than the average UK household gives and about the same as people in the Republic of Korea – that could amount to $319 billion in resources for civil society organisations annually in 2030,” it adds.

The CAF launched its first global giving index in 2010.

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