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Virtual Bangladesh : Economy : Thumbnail Facts

GDP:

purchasing power parity - $230 billion (2001 est.)

GDP - real growth rate:

5.6% (2001 est.)

GDP - per capita:

purchasing power parity - $1,750 (2001 est.)

GDP - composition by sector:

agriculture: 30%
industry: 18%
services: 52% (2000 est.)

Population below poverty line:

36%

Household income or consumption by percentage share:

owest 10%: 4%
highest 10%: 29%

Distribution of family income - Gini index:

34 (1995-96 )

Inflation rate (consumer prices):

5.8% (2000 est.)

Labor force:

64.1 million (1998)
note: extensive export of labor to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances estimated at $1.71 billion in 1998-99 (1998)

Labor force - by occupation:

agriculture 63%, services 26%, industry 11% (FY95/96)

Unemployment rate:

35% (2001 est.)

Budget:

revenues: $4.9 billion
expenditures: $6.8 billion, including capital expenditures of $NA (FY99/00 est.)

Industries:

cotton textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizer, light engineering, sugar

Industrial production growth rate:

6.2% (2001 est.)

Electricity - production:

13.493 billion kWh (2000)

Electricity - production by source:

fossil fuel: 92%
hydro: 8%
other: 0% (2000)
nuclear: 0%

Electricity - consumption:

12.548 billion kWh (2000)

Electricity - exports:

0 kWh (2000)

Electricity - imports:

0 kWh (2000)

Agriculture - products:

rice, jute, tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry

Exports:

$6.6 billion (2001)

Exports - commodities:

garments, jute and jute goods, leather, frozen fish and seafood

Exports - partners:

US 31.8%, Germany 10.9%, UK 7.9%, France 5.2%, Netherlands 5.2%, Italy 4.42% (2000)

Imports:

$8.7 billion (2001)

Imports - commodities:

machinery and equipment, chemicals, iron and steel, textiles, raw cotton, food, crude oil and petroleum products, cement

Imports - partners:

India 10.5%, EU 9.5%, Japan 9.5%, Singapore 8.5%, China 7.4% (2000)

Debt - external:

$17 billion (2000) (2000)

Economic aid - recipient:

$1.575 billion

Currency:

taka (BDT)

Currency code:

BDT

Exchange rates:

taka per US dollar - 57.756 (January 2002), 55.807 (2001), 52.142 (2000), 49.085 (1999), 46.906 (1998), 43.892 (1997)

Fiscal year:

1 July - 30 June

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