GDP growth rate 6.94% in FY 2020-21, per capita income $2,591

The gross domestic product (GDP) growth rate of Bangladesh reached 6.94% in fiscal year 2020-2021 while the per capita income increased to $2,591, according to the final report of Bangladesh Bureau of Statistics (BBS). The information was disclosed at the meeting of the Executive Committee of the National Economic Council (ECNEC) on Tuesday. "...

Bangladesh’s Graduation to Developing Country: Leadership Makes the Difference

It is leadership and stable politics as well as government policies that paid off, analysts say as Bangladesh’s graduation from the LDC remains a miracle for many. In 2008-09 when the ruling Awami League first came to power after 1996, the Bangladesh GDP was $103.5 billion. A decade later, it rose to $330.2 billion in 2019-20. Export ear...

Bangladesh gets UN recommendation for graduating from LDC status

Bangladesh gets UN recommendation for graduating from LDC status Developing Country, Bangladesh, LDC, UN, Per Capita Income, Forex reserve, GDP Growth,

UN recognizes Bangladesh as a 'Developing Country'

The United Nations has recognized Bangladesh as a developing country in the month of independence and on the day of Bangabandhu's birthday. Roland Mollerus, Chief of the United Nations CPD Secretariat, handed over the letter to the Bangladeshi envoy in New York. World Bank recognized Bangladesh as a low-middle income country in July 2015 and n...