GDP growth for Bangladesh
People not getting benefits of 'questionable' GDP growth: BNP
BNP senior leader Nazrul Islam Khan on Thursday alleged that a handful of people, not the common ones, are getting the benefits of the country’s 'questionable' GDP growth.
Bangladesh overtakes India in per capita GDP, according to IMF
Bangladesh has overtaken its much-larger neighbour India in terms of per capita GDP in 2020, owing to a respectable performance on the economic front despite slowing growth coupled with a steep contraction in the India economy as a result of their coronavirus lockdown.
Per capita gross domestic product (GDP) is a global measure for gauging the prosperity of nations and is used by economists, along with GDP, to analyze the prosperity of a country, to go with its economic heft. It is calculated by dividing the GDP of a country by its population.
According to the International Monetary Fund (IMF)-World Economic Outlook (WEO) database, Bangladesh is going to pip India as its per capita GDP in dollar terms is likely to expand 4 percent in 2020 to $1,888. Its per capita GDP is growing at a rate faster than its GDP.
Meanwhile, India's per capita GDP is expected to slump 10.5 per cent to $1,877, which is the lowest in the last four years. Its per capita GDP fell at a faster rate than its GDP. The GDP number for both countries is at current prices.
WB projects 1.6 pc GDP growth for Bangladesh in 2020-21
Bangladesh's GDP growth will be 1.6 percent in the running 2020-21 fiscal, World Bank on Thursday forecast in its twice-a-year-regional update.