GDP size stands at $416b, per capita income $2,591 in FY21

Nation’s Gross Home Product (GDP) development charge reached 6.94 % in FY21 whereas the per capita earnings elevated to $2,591.

The scale of the GDP within the final fiscal yr (FY21) stood at Taka 35,302 billion or US$416 billion, in accordance with the ultimate report of Bangladesh Bureau of Statistics (BBS).

The data was disclosed on Tuesday on the assembly of the Govt Committee of the Nationwide Financial Council (ECNEC) with the ECNEC Chairperson and Prime Minister Sheikh Hasina within the chair.

The Premier joined the assembly nearly from her official Ganabhaban residence whereas Ministers, State Ministers, Planning Fee members and secretaries involved attended it from the NEC Convention Room within the metropolis’s Sher-e-Bangla Nagar space.

Briefing reporters after the assembly, Planning Minister MA Mannan mentioned that the provisional development estimation was 5.43 %, nevertheless by the top, it elevated by 1.51 share factors.

“Our GDP development upturned to just about 7 % whereas many different nations have been hit onerous throughout the Covid-19 pandemic,” he added.

He mentioned that the Prime Minister may be very proud of the achievement and he or she has devoted this to the countrymen.

“As per the preliminary estimation, the scale of GDP was $411 billion which later rose to $416 billion,” he added.

In the meantime, Bangladesh’s per capita earnings has elevated to $2,591 that beforehand was estimated to be $2,554.

State Minister of Planning Dr Shamsul Alam mentioned the expansion in nationwide GDP is the proof that Bangladesh’s financial system has bolstered because the nation has made progress in sectors like export and remittance.

Planning Fee members and secretaries involved, amongst others, joined the briefing.

Supply: BSS