Bangladesh’s per capita income hit an all-time high at $2,820 in the current fiscal year (FY25) with a $82 rise over $2,738 recorded in the previous fiscal year, according to provisional estimate of the Bangladesh Bureau of Statistics (BBS) released on Tuesday.
The state statistics agency also unveiled provisional GDP figures, which showed that the country’s economic output surged at a slower rate of 3.97 percent during FY25, down from 4.22 percent posted in FY24.
In terms of local currency, the latest per capita income stands at Tk 3,39,211, Tk 35,109 crore up from Tk 304,102 in the last fiscal year.
This year’s calculation is based on an average exchange rate of Tk 120.29 per US dollar, compared to Tk 111.06 used in the previous year.
Earlier, the highest per capita income was 2,793 dollars in the 2021-22 fiscal year. After that, the per capita income did not increase in dollar terms due to the increase in the value of the dollar.
The BBS figures showed that the country’s GDP size at current prices totaled Tk 55,52,753 crore or $462 billion in the current fiscal year which was Tk 50,02,654 crore or $450 billion in the previous fiscal year (FY24).
The investment, domestic savings and the national savings ratio to GDP in the current fiscal year reached 29.38 percent, 23.25 percent and 29.01 percent respectively.
According to the provisional data, the agriculture sector grew by 1.79%, the industrial sector by 4.34%, and the services sector by 4.51%.