Bangladesh - Economic Overview
Thursday, March 26, 2009
Today is the 38th Independence and National Day of People's Republic of Bangladesh. Some economic facts of the country is as under;The economy has grown 5-6% per year since 1996 despite inefficient state-owned enterprises, delays in exploiting natural gas resources, insufficient power supplies, and slow implementation of economic reforms.
- GDP (purchasing power parity): $228.4 billion (2008 est.)
- GDP - real growth rate: 5.9% (2008 est.)
- GDP - per capita (PPP): $1,500 (2008 est.)
- GDP - composition by sector: agriculture: 19.1% industry: 28.6% services: 52.3% (2008 est.)
- Unemployment rate: 2.5% (includes underemployment) (2008 est.)
- Inflation rate (consumer prices): 9.4% (2008 est.)
- Central bank discount rate: 5% (31 December 2007)
- Commercial bank prime lending rate: 16% (31 December 2007)
- Current account balance: -$55 million (2008 est.)
- Exports: $13.97 billion (2008 est.)
- Reserves of foreign exchange and gold: $5.934 billion (31 December 2008 est.)
- Debt - external: $21.72 billion (31 December 2008 est.)
Labels: Economy and Business
posted @ 10:27 AM,
1 Comments:
-
At March 27, 2009 at 2:24 PM,
said...
-
The facts seem exaggerated. The nation faces under employment in ten times the numers being reported. country is the poorest among the poor. People are starving while economics guru is reporting $1500 per capita income. It is not hurting to tell the truth.
Comments from Texas
Post a Comment