09:55:53 pm
Thursday, August 20
BD Economy

Bangladesh Economy: Basic Information

Currency: Taka (Tk.)

GDP at Current Price: Tk. 19,560.60 billion (US$ 242.69 billion)

Annual per capital GDP: US$ 1500.38

GDP growth rate at (2005/2006) constant price: 7.24(P) percent

Agricultural growth rate at constant price: 2.51(P) percent

Industrial/Mfg growth rate (% of GDP): 10.96(P) percent

Large & Medium scale Industry: 11.32(P) percent

Small scale Industry: 9.21(P) percent

Service sector growthrate of GDP at current price: 52.73(P) percent

Inflation rate (12 month average): 5.39 percent (as on March 2017)

Domestic savings rate of GDP: 26.10(P) percent

National savings rate of GDP: 30.30(P) percent

Investment rate of GDP: 30.30(P) percent

Exports (2016-17): US$ 28,721.71 mn (up to April)

Imports (2016-17): US$ 39,154.10 mn (up to April)

Trade Deficit: US$ 10,432.39 mn

Foreign Exchange Reserve: US$ 32,245.69 mn (as on May 2017)


Remittances (2016-17): US$ 11,554.84 mn (up to May 2017)

Foreign Investment (2016-17)

Direct: US$ 1524 mn (up to April 2017)

Portfolio: US$ 345 mn (up to April 2017)

Bank rate : 5.0 percent

Broad Money (M2) : BDT 971,263.80 crore (April 2017)

Principle Industries :

Garments, Pharmaceuticals, Textiles, Paper, Manufacturing, Newsprint, Fertilizer, Leather and Leather goods, Sugar, Cement, Fish processing, Steel & Chemical industries etc.

Major export items:

Garments, Tea, Jute, Frozen shrimps, Leather products, Newsprint, paper, Naphtha, Urea, etc.

Principle imports:

Fuel, Rice, Wheat, Cotton & Textile, Petroleum products, Fertilizer, Staple fibers, yarn etc.

(Source: Bangladesh Bureau of Statistics, Economic Trends of Bangladesh Bank, and Bangladesh Economic Review 2017)

Share this post

Join the conversation