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Bangladesh’s per capita income surges to $2,824

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The country’s per capita income increased by US$ 233 to US$ 2,824 during FY22, as per a provisional estimate by the Bangladesh Bureau of Statistics (BBS).

Planning Minister MA Mannan disclosed the information at a press briefing after a meeting of the Executive Committee of the National Economic Council (ECNEC) held at the NEC conference room in Dhaka on Tuesday.

Prime Minister Sheikh Hasina chaired the meeting, joining it virtually from her official residence Ganobhaban, reports UNB.

“Our per capita income went up to $2,824 or Tk 241,470 in 2021-22 fiscal, which was $2,591 in the last fiscal (2020-21),” said Mannan.

According to the estimation of BBS, the country’s GDP would increase to $465 billion (Tk 39,76,500 crore) after the end of the 2021-22 fiscal. The amount was $416 billion (Tk 35,30,200 crore) in the 2020-21 fiscal.

The GDP growth rate would reach 7.25 per cent at the end of FY22, which was 6.94 per cent in the last fiscal year, said the minister citing BBS.

The GDP’s provisional estimation was prepared based on the available data and statistics of  nine months, till March, of the current 2021-22.

Among the three major sectors, the growth rates are 2.20 per cent in the agriculture sector, 10.44 per cent in the industrial sector, and 6.31 per cent in the service sector.

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