September 5, 2013
Capping its stellar performance in the social sector, Bangladesh has achieved another economic milestone.
Its per capita income has crossed $1,000-mark as the Bangladesh Bureau of Statistics (BBS) started calculating the Gross Domestic Product (GDP) taking 2005-06 as the base year. More…
April 19, 2012
Reposted from The Huffington Post
Bangladesh is poised to follow China and India’s recent growth pattern of rising per capita income as the recent distribution of economic growth has shifted in favor of low and middle income countries. Bangladesh’s estimate of economic growth is predicated upon its impressive growth performance of per capita income averaging 5-7.5 percent over the last decade, and expectation of continued positive economic performance. Moreover, it was able to reduce its population growth rate from 2.7 percent in 1970 to 1.58 percent in 2012, which will contribute to its population control and a steady rise of per capita income. More…