GDP growth reaches 8.15pc, per capita income US$1909 in FY19

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DHAKA, Dec 10, 2019 (BSS) – Planning Minister MA Mannan today said economy
of the country grew by a record 8.15 percent in the last fiscal year (FY19)
while the per capita income reached US$1,909.

The minister said this while briefing reporters after the Executive
Committee meeting of the National Economic Council (ECNEC) held at the NEC
conference room with Prime Minister Sheikh Hasina in the chair.

Mannan said as per the provisional estimation, the GDP growth rate was
8.13 percent in the last fiscal year and finally it reached 8.15 percent. The
GDP growth rate in the FY18 was 7.86 percent.

He also said that the per capita income stood at US$1,909 from US$1,751 in
the FY18.

According to the BBS, the GDP growth rate at constant prices in the
Industry sector increased by 12.67 percent in the last fiscal year which was
12.06 percent in FY18.

In the services sector, the GDP growth rate increased by 6.78 percent in
the last fiscal year while it was 6.39 percent in FY18.

In the agriculture sector, the GDP growth rate increased by 3.92 percent
in last fiscal year while it was 4.19 percent in FY18.

The total size of the GDP at current prices in the last fiscal year stood
at Taka 25,424,82 crore up from Taka 22,50,479 crore recorded in the FY18.

The BBS data also showed that in the last fiscal year, the investment
ratio to GDP stood at 31.57 percent which was 31.23 percent in FY18.

In the last fiscal year, the private investment ratio to GDP increased to
23.54 percent while the public investment ratio to GDP stood at 8.03 percent.