According to the United States embassy in Dhaka, Bangladesh ranks 141 out of 164 on the Freedom Index. This index, which encompasses political, economic, and legal components, has shown a decline for 22 consecutive years in Bangladesh.

Despite ranking relatively low in freedom, Bangladesh stands at 99 out of 164 on the Prosperity Index, categorizing it as "mostly unprosperous." Strengthening basic freedoms is highlighted as a crucial factor in accelerating economic growth over the long term, as indicated by data from a US-based think tank.

To discuss these findings, the US embassy, along with the United States Agency for International Development and The Asia Foundation, organized a Prosperity and Good Governance Conference. The conference brought together various stakeholders from government, civil society, business, donors, academia, and think tanks.

During the conference, US Ambassador Peter Haas emphasized the importance of acknowledging and addressing issues like corruption and securing economic and political rights. Keynote speaker Joseph Lemoine, Director of the Atlantic Council's Freedom and Prosperity Center, highlighted the correlation between freedom and prosperity. He noted that countries with greater freedom tend to attract more foreign investment, leading to higher levels of prosperity.

The report also sheds light on Bangladesh's ambitious Vision 2041 agenda, which aims to transform the nation into a developed and prosperous country by 2041. This agenda underscores Bangladesh's commitment to empowering its citizens and strengthening its democratic foundation, emphasizing economic growth alongside social progress.