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Per capita income stands at $2,591

GDP growth 6.94pc in FY21

Published : 08 Feb 2022 10:09 PM | Updated : 09 Feb 2022 01:01 PM

The country's per capita income increased to $2,591 in fiscal year 2020-2021 while the gross domestic product (GDP) growth rate reached 6.94 percent, according to the final report of Bangladesh Bureau of Statistics (BBS).

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

The size of the Gross Domestic Product (GDP) in the last fiscal year (FY21) stood at Tk 35,302 billion or $416 billion, the report said. 

However, the provisional growth estimation was 5.43 percent for the last fiscal year. 

Planning Minister MA Mannan said, "The provisional growth estimation was 5.43 percent, however by the end, it increased by 1.51 percentage points." 

"Our GDP growth upturned to nearly 7 percent while many other countries were hit hard during the Covid-19 pandemic," he added. 

He said that the Prime Minister is very happy with the achievement and she has dedicated this to the countrymen. 

"As per the initial estimation, the size of GDP was $411 billion which later rose to $416 billion," he added. 

Meanwhile, Bangladesh's per capita income has increased to $2,591 that previously was estimated to be $2,554. 

State Minister of Planning Dr Shamsul Alam said, "The growth in national GDP is proof that our economy has bolstered since we have made progress in sectors like export and remittance."

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