Per capita income rises to $1751

[sbmc27]

Per capita income rises to $1,751
GDP growth reaches 7.86pc
FE Online Report |Published: September 18, 2018 18:58:46 | Updated: September 18, 2018 19:07:22

The per capita income rose to $1,751 in the last fiscal year 2017-18 (FY18) from $1,610 in the FY17.

The rise in per head Gross National Income (GNI) in FY18 is 8.80 per cent higher than that of FY17.

However, per head GNI marked a dip of $1.0 from the provisional estimation of $1,752 made by Bangladesh Bureau of Statistics (BBS) in May of FY18 .

Planning Minister AHM Mustafa Kamal unveiled the data at the Planning Commission in the city on Tuesday.

The BBS also unveiled the GDP growth of the country which finally stood at 7.86 per cent in the last fiscal year from the preliminary estimation of 7.65 per cent.

The national statistical body usually unveiled a preliminary estimation of the per capita income and gross domestic product (GDP) size of the economy based on the data available from the first three quarters (July-March).


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[Homo Sapiens]

Per capita GDP is 1733 dollar in 2018 according to IMF.So GNI being 1751 dollar is not that impressive.It should have been 1850 dollar.

 

[kris]

still decent for a country which is 47 years old and being built from scratch with limited resources.

Wish banglaBang grows faster and better

 

[UKBengali]

still decent for a country which is 47 years old and being built from scratch with limited resources.

Wish banglaBang grows faster and better

Best thing is that BD is just shy of 8% GDP growth and that is nearly 7% per capita as population growth is now down to 1%.

This fiscal GDP growth should finally top 8%.

 

[Mage]

I thought it was already more than $1800.

 

[kris]

Best thing is that BD is just shy of 8% GDP growth and that is nearly 7% per capita as population growth is now down to 1%.

This fiscal GDP growth should finally top 8%.

Population explosion is a big problem