Prime Minister Sheikh Hasina has been ranked 39th on Forbes' list of the most powerful women.
Angela Merkel, Christin Lagarde and Kamala Harris have been ranked first, second and third respectively.
Queen Elizabeth II has been ranked 46 in the list.
Hasina, the president of the ruling Awami League, is the longest-serving Prime Minister of Bangladesh. It is her fourth and third consecutive term in office.
She plans to focus on issues such as food security, access to education, and health care during her fourth term, the Forbes listing said.