Industry

Bangladesh per capita income surges to US$ 2,824

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

Planning Minister MA Mannan disclosed this at a press briefing after the meeting of the Executive Committee of the National Economic Council (Ecnec) held at the NEC conference room here on Tuesday.

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

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

The GDP’s provisional estimate was done done based on the available data and statistics of 6-7 months of the current 2021-22.

As per the estimate, the GDP growth rate is 7.25 per cent in the FY22, which was 6.94 per cent in the last fiscal year, said the minister.

The country’s GDP has increased to US$ 465 billion (Tk 39,76,500 crore) in the 2021-22 fiscal from US$ 416 billion (Tk 35,30,200 crore) in the 2020-21 fiscal.

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.

Source: United News of Bangladesh