Bangladesh Economic Updates 2008

B

Bangladesh Economic Updates

(Taka in Billion)

Indicators	2007-08	2006-07
GDP at current price	5419.2	4724.8
GDP at constant price	3217.8	3029.7
Growth rate of GDP at constant price (%)	6.21	6.43
Per capita GDP(Tk.) at current price	38056	33607
Population (million)	142.8	140.6
Consumption	4330.8	3763.2
Public	293.5	261.1
Private	3502.2	4037.3
Investment	1155.9	1024.8
Public	257.3	249.3
Private	898.6	775.5
Savings
Domestic	1088.4	961.6
National	1584.2	1354.2
Budget
Total Revenue	605.4	494.7
Tax Revenue	480.1	392.5
NBR Tax Revenue	459.7	374.8
Non-NBR Tax Revenue	20.4	17.7
Non-Tax Revenue/	125.3	102.2
Total Expenditure	936.1	668.4
Revenue Expenditure	574.3	454.1
ADP	225.0	179.2
Other Expenditure	136.8	35.1
Budget Balance (except grants)	-330.7	-173.6
Budget Balance (including grants)	-286.8	-152.1
Financing	330.7	166.9
Financing	131.5	75.9
Grants	43.9	40.5
Loan	130.3	71.6
Repayment	-42.7	-36.2
Domestic Financing	199.2	91.0
Bank Loan	104.0	44.2
Non Bank Loan (Net)	95.2	46.8
Imports	827.6*	1070.8
Exports	607.6*	832.0
Trade Balance	-220.0*	-238.8
Current Account Balance	22.5*	65.7
Foreign Exchange Reserve(m.$)	5335.0**	5077.0
Net Foreign assets	340.8*	328.9
Broad Money Supply (M2)	2304.2*	2119.9
Remittance
Inflation
BBS***	10.48	7.22
BB (annual Avg.)	9.87	7.20
BB (point-to-point)	7.44	9.20
Bangladesh Economic Outlook
Inflation according to poverty line food basket ( DHAKA)	21.49 (March 08)
Inflation according to poverty line food basket (Avg for four cities – Dhk, Ctg, Raj, Khu)	20.40

Sectoral Share of GDP (%) at constant price ( base year 1995-96)
	Share of GDP (%)		Growth rate
	2007-08	2006-07	2007-08	2006-07
Agriculture & Forestry	16.23	16.65	3.47	4.69
Crops & vegetables	11.70	12.0	3.44	4.43
Livestock	2.79	2.88	2.41	5.49
Forestry	1.75	1.76	5.42	5.24
Fishery	4.64	4.73	4.11	4.07
Mining & Quarrying	1.20	1.18	8.61	8.33
Industry (Manufacturing)	17.77	17.55	7.42	9.72
Large & medium-scale	12.60	12.47	7.22	9.74
Small-scale	5.16	5.08	7.91	9.69
Electricity, Gas & Water	1.56	1.57	4.88	2.10
Construction	9.14	9.15	5.93	7.01
Wholesale & Retail Trade	14.39	14.24	7.20	8.04
Hotel & Restaurant	0.70	0.69	7.58	7.52
Transport, Storage & Communication	10.43	10.18	8.69	8.03
Financial Intermediations	1.80	1.76	8.97	9.18
Real Estate, Renting & other Business Activities	7.46	7.64	3.69	3.76
Public Administration and Defense	2.77	2.75	7.15	8.41
Education	2.58	2.54	7.88	8.96
Health and Social Work	2.32	2.29	7.50	7.64
Community, Social and Personal Services	7.00	7.09	4.64	4.58

* up to February 2008.

** up to May 29,2008.

***up to March 2008 for 2007-08.

International Trade	2007-08	2006-07
Terms of Trade1
Average Nominal Exchange Rate (with $)
Real Effective Exchange Rate-REER index
External Debt outstanding
Demographic Statistics	2006	2005
Total Population ( million)-	139.8	137.8
Natural Population Growth (%)	1.49	1.49
Crude Birth Rate (thousand)	20.6	20.7
Crude Death Rate (thousand)	5.6	5.8
Infant Mortality Rate (per thousand live birth)	45	50
Total Fertility Rate (per women)	2.41	2.64
Life Expectancy (both sexes)

1. Base year 1995-96.