Bangladesh’s Strong Performance Relative to Emerging Economies (contd.)

  • Per capita income of Bangladesh is now US $2,227 (nominal, 2021) $5,811 (PPP, 2021 est.)
  • Forex reserve crossed 45.01 billion and the export income is 39.34 billion.
  • The poverty rate was 48.9 percent in 2000 that came down to 40 in 2005. The rate came down to 31.5 in 2010 and currently 24 percent.
  • The government has announced to bring down the poverty rate another 10 percent by 2018.
  • The government also has successfully managed to bring down the inflation rate to 5.5 percent.
  • Around 50 Million people have risen to middle class status from lower class.
  • The Government of Bangladesh has targeted 7.25% GDP growth for the fiscal year 2021-22