GDP size touches $100b
Friday, 11 June 2010
FHM Humayan Kabir
The country's gross domestic product at current prices has touched 100 billion dollars after the economy clocked nearly six per cent growth in the outgoing fiscal, said the government's annual economic survey.
According to the Bangladesh Economic Survey, the country's GDP size stood at Tk6905.70 billion as of June 2010 , or US$100.08 billion, when a US dollar traded at Tk 69 each.
The country's per capita income has risen to US$684 with a year-on-year increase of US$64, - a hundred per cent increase in less than seven years time, the survey said.
The country's population has been estimated at 146.10 million as of June 2010, although the figure is nearly 20 million shorter than the estimate made by the United Nations.
According to survey, the per capita GNI (gross national income) has also soared to $750, up $74 from the previous FY2009.
Officials said a 6.5 per cent growth in service sector, which makes up more than half of the country's GDP, has boosted the per capita income although the global economic recession has affected the country last year.
Finance Minister has said the economy would clock a six per cent growth in the 2009-10 fiscal, although the state-owned Bangladesh Bureau of Statistics has said the growth would come down to 5.54 - the lowest in seven years.
The country's gross domestic product at current prices has touched 100 billion dollars after the economy clocked nearly six per cent growth in the outgoing fiscal, said the government's annual economic survey.
According to the Bangladesh Economic Survey, the country's GDP size stood at Tk6905.70 billion as of June 2010 , or US$100.08 billion, when a US dollar traded at Tk 69 each.
The country's per capita income has risen to US$684 with a year-on-year increase of US$64, - a hundred per cent increase in less than seven years time, the survey said.
The country's population has been estimated at 146.10 million as of June 2010, although the figure is nearly 20 million shorter than the estimate made by the United Nations.
According to survey, the per capita GNI (gross national income) has also soared to $750, up $74 from the previous FY2009.
Officials said a 6.5 per cent growth in service sector, which makes up more than half of the country's GDP, has boosted the per capita income although the global economic recession has affected the country last year.
Finance Minister has said the economy would clock a six per cent growth in the 2009-10 fiscal, although the state-owned Bangladesh Bureau of Statistics has said the growth would come down to 5.54 - the lowest in seven years.