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Bangladesh sees 6.94-pct economic growth in 2020-21 fiscal year
Published: Feb 09, 2022 01:41 PM
Photo taken on Aug. 23, 2021 shows sewing desks with plastic curtains installed to maintain social distancing for workers at a garment factory in Dhaka, Bangladesh.Photo:Xinhua

Photo taken on Aug. 23, 2021 shows sewing desks with plastic curtains installed to maintain social distancing for workers at a garment factory in Dhaka, Bangladesh.Photo:Xinhua


 
The Bangladeshi economy grew at 6.94 percent in the 2020-21 fiscal year (July 2020-June 2021) with improvement in both services and manufacturing sectors despite the COVID-19 pandemic.

Bangladeshi Planning Minister M.A. Mannan on Tuesday announced the gross domestic product (GDP) data released by the Bangladesh Bureau of Statistics.

He told a press conference that the economic growth exceeded the government's provisional estimate of 5.43 percent for the last fiscal year.

The gross national income per capita rose to 2,591 US dollars last fiscal year from 2,326 dollars the previous 2019-20 fiscal year.

The minister said the actual size of the country's GDP expanded to 416 billion dollars last fiscal year.