Bangladesh achieved a formidable 6.94 p.c GDP development within the 2020-21 fiscal yr amid the Covid-19 pandemic, in keeping with a closing estimate of the federal government.
The nation’s GDP measurement stood at US$ 416 billion and the per capita revenue rose to US$ 2,591 (as per GNI) within the final fiscal yr, mentioned Planning Minister MA Mannan quoting the estimate.
The estimate was positioned on the weekly assembly of the Government Committee of the Nationwide Financial Council (Ecnec) on Tuesday.
Ecnec Chair and Prime Minister Sheikh Hasina presided over the assembly, becoming a member of it nearly from her official residence Ganobhaban.
Different ministers and officers involved had been related with the assembly from the NEC convention room, UNB experiences.
“The GDP development charge lastly stood at 6.94 p.c within the final fiscal yr, which is far increased than the provisional estimate of 5.43 p.c,” mentioned MinisterMannan whereas briefing reporters after the assembly.
The GDP measurement was lastly estimated at US$ 416 billion, additionally increased than the provisional estimate of US$ 411 billion, he mentioned.
“The per capita revenue additionally elevated to US$ 2,591 (as per GNI) within the closing estimate, from US$ 2,554 within the provisional estimate,” mentioned the Planning Minister.
Within the 2019-20 fiscal yr, the GDP development charge was 3.45 p.c, whereas GDP measurement was US$ 374 billion, the per capita revenue was US$ 2,326.
In addition to, the expansion charge was 3.17 p.c within the agriculture sector, 10.29 p.c within the industrial sector and 5.73 p.c within the service sector through the 2020-21 fiscal yr, which had been 3.42 p.c, 3.61 p.c and three.93 p.c respectively within the 2019-20 fiscal yr.
The investment-GDP ratio was 31.02 p.c within the final fiscal yr, which was barely lower than 31.31 p.c attained in 2019-20 fiscal yr.