|
Most Bangladeshis earn their livings directly or indirectly from agriculture. Rice and
jute are the primary crops; wheat is assuming greater importance;
and tea is grown in hilly regions of the northeast. Bangladesh's
fertile soil and normally ample water supply yield three rice crops
in many areas. Through better flood control and irrigation measures,
more intensive use of fertilizers and high-yielding seed varieties,
increased price incentives, and improved distribution and rural
credit networks. Bangladesh's labor-intensive agricultural sector
has achieved steady increases in food grain production.
|
Currency |
|
Taka (Tk) |
|
GDP - Purchasing power parity |
: |
$187 billion (1999 est.) |
|
GDP - Real growth rate |
: |
5.2% (1999 est.) |
|
GDP - Per capita - purchasing power parity |
: |
$1,470 (1999 est.) |
|
GDP - Composition by sector |
: |
Agriculture: 30%
Industry: 17%
Services: 53% (1999 est.) |
|
Population below poverty line |
: |
35.6% (FY95/96 est.) |
|
Household income or consumption by percentage share |
: |
Lowest 10%: 4.1%
Highest 10%: 23.7% (1992) |
|
Inflation rate (consumer prices) |
: |
9% (FY98/99 est.) |
|
Labor force |
: |
56 million (1995-96)
Note: Extensive export of labor to Saudi Arabia, Kuwait,
UAE, Oman, Qatar, Malaysia and Singapore. |
|
Labor force - by occupation |
: |
Agriculture 63%, Services 26%, Industry 11% (FY95/96) |
|
Unemployment rate |
: |
35.2% (1996) |
|
Budget |
: |
Revenues: $ 4.3 billion
Expenditures: $ 6.5 billion, including Capital
expenditures of $ NA (1997) |
|
Industries |
: |
Cotton textiles, Jute, Garments, Tea processing, Paper
Newsprint, Cement, Chemical Fertilizer, Light
engineering, Sugar |
|
Industrial production growth rate |
: |
2.5% (1997 est.) |
|
Electricity - production |
: |
12.5 billion kWh (1999 est.) |
|
Electricity - production by source |
: |
Fossil fuel: 98%
Hydro: 2%
Nuclear: 0%
Other: 0% (1999) |
|
Electricity - Consumption |
: |
11.039 billion kWh (1998) |
|
Agriculture - Products |
: |
Rice, Jute, Tea, Wheat, Sugarcane, Potatoes; Beef, Milk,
Poultry, Tobacco, Pulses, Oilseeds, Spices, Fruit |
|
Exports |
: |
$5.1 billion (1998) |
|
Exports - Commodities |
: |
Garments, Jute and Jute goods, Leather, Frozen fish and
Seafood |
|
Exports - Partners |
: |
USA 33%, Germany 10%, UK 9%, France 6%, Italy 5% (1997) |
|
Imports |
: |
$8.01 billion (1998) |
|
Imports - Commodities |
: |
Machinery and Equipment, Chemicals, Iron and Steel,
Textiles, Raw cotton, Food, Crude oil and Petroleum
products |
|
Imports - Partners |
: |
India 12%, China 9%, Japan 7%, Hong Kong 6%, South Korea
6% (1997) |
|
Domestic Savings Rate |
: |
7.8 % |
|
Foreign Exchange Reserve |
: |
US$ 2.47 Billion as on December 31,1993 equal to more
than six months total import. |
|
Bank Rate |
: |
5.5 % |
|
Domestic Resources Contributions to ADP |
: |
35 % |
|
Exchange Rates |
: |
Taka per US$1 = 58.49 October, 2003 |
|
Fiscal Year |
: |
1 July - 30 June |
Indicators of
national account
|
Item |
|
2001-02(P)
(Million TK.) |
|
GDP growth rate at
1995-96 prices |
: |
4.80 |
|
GDP at current market
prices (million Taka.) |
: |
2714142 |
|
GDP at constant or real
prices (million Taka.) |
: |
2260891 |
|
Gross national income at
current prices (million Taka.) |
: |
2815832 |
|
GNII at constant prices
(million Taka.) |
: |
2345338 |
|
Net national income at
current prices (million Taka.) |
: |
2598443 |
|
NNI at constant prices
(million Taka.) |
: |
2164809 |
|
Population (million) |
: |
131.2 |
|
Per capita GDP at current
prices (Taka.) |
: |
20695 |
|
Per capita GNI at current
prices (Taka.) |
: |
21470 |
|
Per capita real GDP (Taka.) |
: |
17239 |
|
Per capita real GNI (Taka.) |
: |
17883 |
|
Exchange rate Taka per
US$ |
: |
57.13 |
|
Per capita GDP at current
prices (in US$) |
: |
362 |
|
Per capita GNI at current
prices (in US$) |
: |
376 |
|
Inflation rate (%) |
: |
2.36 |
|
Consumption at current
prices (million Taka.) |
: |
2225553 |
|
Private consumption
(million Taka.) |
: |
2105125 |
|
Public consumption
(million Taka.) |
: |
120428 |
|
Investment at current
prices (Million Taka.) |
: |
628463 |
|
Private investment
(million Taka.) |
: |
435958 |
|
Public investment
(million Taka.) |
: |
192505 |
|
Domestic saving at
current price (million Taka.) |
: |
488589 |
|
As percentage of GDP (%) |
: |
|
|
Consumption |
: |
82.00 |
|
Private consumption |
: |
77.56 |
|
Public consumption |
: |
4.44 |
|
Investment |
: |
23.16 |
|
Private investment
(million Taka.) |
: |
16.06 |
|
Public investment
(million Taka.) |
: |
7.09 |
|
Gross
domestic savings |
: |
18.00 |
|
Gross
national savings |
: |
22.52 |
HUMAN RESOURCE
|
Characteristics |
*LFS
(1999-2000) |
|
1. Total
civilian labor force (Million) |
|
|
Male
|
37.5 |
|
Female |
22.8 |
|
Both Sex |
60.3 |
|
2.Active
civilian labor force (Employed Pop. Million) |
|
|
Male |
36.1 |
|
Female |
22.0 |
|
Both Sex |
58.1 |
|
3.Unemployed Population (Million) |
|
|
Male |
1.4 |
|
Female |
0.8 |
|
Both Sex |
2.2 |
|
4.Not in
civilian labor force (Million) |
|
|
Housewives |
10.2 |
|
Other
inactive |
21.2 |
|
Children
(0 – 9 years) |
31.4 |
|
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