Sunday , May 19 2024
Home / Current News / GDP grows 7.1% in FY22

GDP grows 7.1% in FY22

Bangladesh logged higher growth in gross domestic product (GDP) in 2021-22 fiscal year compared to the previous year, but it was 15 basis points below the provisional estimate.

The economy grew by 7.1 per cent in 2021-22 fiscal year, up from 6.94 per cent the previous year.

However, the provisional GDP growth rate figure was 7.25 per cent for FY22, according to data released by Bangladesh Bureau of Statistics yesterday.

Similarly, the state-owned statistical agency revised downwards the per capita GDP of the country to $2,687 from $2,824.

The GDP size also increased to $470.22 billion in FY22, which was $416.26 billion the previous year.

(TDS)

Check Also

BB to start exchange of new notes from 31 March

On the occasion of holy Eid-ul-Fitr, Bangladesh Bank (BB) will start releasing new notes in …

Leave a Reply

Your email address will not be published. Required fields are marked *