The purpose of this study is to identify the economic growth and stability scenario under different ruling political parties since the inception of Bangladesh. The research is based on secondary data only. Data of the elected ruling parties at their tenure and data of overall GDP growth rate have been collected for the period of 1971 to 2017 from Bangladesh economic review. It has been evidenced from the research paper that economy of Bangladesh saw highest average GDP growth rate of 6.87 percent and highest economic stability with variation in growth rate by 0.28 percent during the two years (2006-2007) of then ruling caretaker government. Besides, it has been found that economy of Bangladesh witnessed the second highest average GDP growth rate of 6.26 percent during the last ten years’ ruling period of Awami League and the economy was also moderately stable with the deviation of growth by 0.66 percent. Trend analysis shows that frequently elected same ruling political party ensures higher economic growth and stability as the GDP growth rate of Bangladesh exceeded 7 percent during last three fiscal years (2016-2018) of ruling political party Awami League out of last 10 years of ruling as same elected party. This research paper will be supportive for the policy makers to take decision regarding good governance and political stability which will result higher but stable economic growth.
GDP growth rate, political economics, sustainable growth.