NATIONAL ACCOUNTS STATISTICS (Provisional Estimates of GDP, 2016-17 and
Final Estimates of GDP, 2015-16)
Bangladesh Bureau of Statistics Statistics and Informatics Division
Ministry of Planning
NATIONAL ACCOUNTS STATISTICS (Provisional Estimates of GDP, 2016-17 and Final Estimates of GDP, 2015-16)
May 2017
National Accounting Wing
Bangladesh Bureau of Statistics
Statistics and Informatics Division
Ministry of Planning
Parishankhyan Bhaban
E-27/A, Agargaon, Dhaka
www.bbs.gov.bd
Foreword
National Accounts Statistics is an important annual publication of Bangladesh Bureau
of Statistics (BBS). It plays a very significant role in the evaluation and monitoring process of
overall performance of the macroeconomic scenario of the country. BBS publishes the
National Accounts Statistics regularly considering it to be a useful document for policymakers
and researchers/practitioners.
This publication intends to provide an insight on sector-wise economic performance
of the country through measuring selected core macroeconomic indicators such as Gross
Domestic Product (GDP), Gross National Income (GNI), Gross Disposable Income (GDI),
Savings, Investment and Consumption. This publication focuses on the provisional estimates
of GDP and other national accounts aggregates for FY2016-17. It also provides the final
estimates of GDP for FY2015-16.
I am delighted to know that BBS is going to publish the 20th issue of the series. I
firmly believe that the policy planners, academics, researchers, students and other
stakeholders will find the publication as a useful source of information on wide ranges of
macroeconomic indicators of the country.
I would take this opportunity to convey my sincere thanks to Mr. Md. Amir Hossain,
Director General, BBS and his colleagues for their untiring efforts in bringing out this
publication.
Dhaka
May 2017 K M Mozammel Hoq
Secretary
Statistics and Informatics Division (SID) Ministry of Planning
Government of the People’s Republic of Bangladesh
Director General
Bangladesh Bureau of Statistics
Statistics and Informatics Division
Ministry of Planning
Preface
National Accounts Statistics is a regular annual publication of Bangladesh Bureau of
Statistics (BBS) since 1997. This is the 20th issue of the series. This publication reflects the
macro-economic situation and states sector-wise economic performance of Bangladesh. It
also acts as an instrument to monitor and evaluate macroeconomic stability of the country.
This publication inter alia states the provisional estimates of Gross Domestic Product (GDP)
and other national accounts aggregates for FY2016-17. The final estimates of GDP and
related other national accounts aggregates for FY 2015-16 have also been presented in this
publication.
I express my sincere respect and gratitude to Mr. K M Mozammel Hoq, Secretary,
Statistics and Informatics Division (SID) for his continuous support and guidance towards
improvement of the publication. It is recognized that the relentless efforts of the officers of
National Accounting Wing have made possible this document. I would, therefore like to
convey thanks to Mr. Abul Kalam Azad, Director, National Accounting Wing and his
colleagues for their sincere endeavours.
I hope this publication will be useful to the planners, policy makers and researchers
who have reasons to be concerned with the overall macroeconomic situation of Bangladesh.
Any comments and suggestions from the stakeholders for further improvement of this
publication will be much appreciated.
Dhaka
May 2017
Md. Amir Hossain (Additional Secretary)
i
Key Indicators of National Accounts
Indicator 2013-14 2014-15 2015-16 2016-17(p)
1. GDP at current market prices (billion Tk.) 13,437 15,158 17,329 19,561
2. GDP at constant market prices (billion Tk.) 7,741 8,249 8,835 9,475
3. GNI at current market prices (billion Tk.) 14,332 16,142 18,327 20,380
4. GNI at constant market prices (billion Tk.) 8,257 8,784 9,344 9,873
5. Per capita GDP at current market prices (Tk.) 86,266 96,004 108,378 120,931
6. Per capita GNI at current market prices (Tk.) 92,015 102,236 114,621 125,999
7. Per capita GDP at current market prices ( in US$) 1,110 1,236 1,385 1,538
8. Per capita GNI at current market prices ( in US$) 1,184 1,316 1,465 1,602
9. Per capita GDP at constant market prices (Tk.) 49,701 52,243 55,259 58,581
10. Per capita GNI at constant market prices (Tk.) 53,013 55,634 58,442 61,036
11. Growth rate of GDP at constant prices (%) 6.06 6.55 7.11 7.24
12. Sectoral growth rate of GDP at constant prices (%)
Agriculture 4.37 3.33 2.79 3.40
Industry 8.16 9.67 11.09 10.50
Services 5.62 5.80 6.25 6.50
13. Sectoral shares of GDP at constant prices (%)
Agriculture 16.50 16.00 15.35 14.79
Industry 29.55 30.42 31.54 32.48
Services 53.95 53.58 53.12 52.73
14. Consumption at current prices (billion Tk.) 10469 11799 13000 14464
Private consumption (billion Tk.) 9751 10980 11979 13213
Public consumption (billion Tk.) 717 819 1021 1251
15. Investment at current prices (billion Tk.) 3840 4379 5138 5921
Private investment (billion Tk.) 2960 3345 3983 4501
Public investment (billion Tk.) 880 1034 1155 1420
16. Domestic savings at current prices (billion Tk.) 2968 3359 4328 5097
17. National savings at current prices (billion Tk.) 3927 4399 5332 5926
18. Consumption as % of GDP 77.91 77.84 75.02 73.94
Private consumption 72.57 72.44 69.13 67.55
Public consumption 5.34 5.40 5.89 6.39
19. Investment as % of GDP 28.58 28.89 29.65 30.27
Private investment 22.03 22.07 22.99 23.01
Public investment 6.55 6.82 6.66 7.26
20. Domestic savings as % of GDP 22.09 22.16 24.98 26.06
21. National savings as % of GDP 29.23 29.02 30.77 30.30
22. Revenue receipt as % of GDP 11.66 10.78 10.24 12.41
Tax 9.69 9.28 8.97 10.76
Non-Tax 1.97 1.50 1.27 1.65
23. Total Government expenditure as % of GDP 16.09 15.81 15.27 17.41
Note: “p” denotes provisional estimates. Constant price base year: 2005-06 Contd.
ii
Key Indicators of National Accounts
Indicator 2013-14 2014-15 2015-16 2016-17(p)
24. General economic level and performance
GDP per capita (US $) 1,110 1,236 1,385 1,538
GDP rate of growth (%) 6.06 6.55 7.11 7.24
25. Investment
Gross fixed capital formation / GDP 28.58 28.89 29.65 30.27
26. Savings
Savings / GDP 29.23 29.02 30.77 30.30
Savings / Gross fixed capital formation 102.27 100.46 103.77 100.09
27. Performance of government
Government budget deficit / GDP 3.99 4.66 4.74 4.13
Taxes / GDP 9.69 9.28 8.97 10.76
28. Foreign trade performance
Imports / GDP, import rate of growth 25.52 24.75 21.30 20.72
Exports / GDP, export rate of growth 18.99 17.34 16.65 15.47
(Exports + imports) / GDP 44.51 42.09 37.95 36.19
(Exports less imports) / GDP -6.53 -7.41 -4.65 -5.25
29. Balance of payments
Current external account balance / GDP 0.60 -0.55 1.14 -1.01
(Exports less imports) / GDP -6.53 -7.41 -4.65 -5.25
30. Foreign exchange reserve (million US$) 21,508 25,025 30,138 32,519/a
31. Prices
Producer Price Index (PPI) (base : 2005-06) 154.85 180.20 196.19 205.47 /b
Consumer Price Index (CPI) (base : 2005-06) 195.08 207.58 219.86 235.29/c
Interest rate 5.00 5.00 5.00 5.00
Foreign exchange rates (Taka per US$) 77.72 77.67 78.27 78.63/d
Note: /a April 2017, /b February 2017, /c March 2017, /d Eight month (July-February, 2016-17) average. “p” denotes provisional
estimates
Contents
Page
Key Indicators of National Accounts i
1. Provisional Estimates of GDP for FY2016-17 and Final Estimates of
GDP for FY2015-16
1
Provisional Estimates of GDP for FY2016-17 1
Final Estimates of GDP for FY2015-16 17
2. Provisional and Final Estimates of GDP by Expenditure Category 21
3. Inflation and Growth Rate 37
Inflation 37
GDP Annex Tables 41
4. Explanatory Notes 77
Concepts and data sources used in compiling GDP estimates 77
Statistical Annex Tables 81
Related Publications on National Accounts Statistics 89
v
Acronym
BBS : Bangladesh Bureau of Statistics
BFDC : Bangladesh Fisheries Development Corporation
BFIDC : Bangladesh Forest Industries Development Corporation
BMPI : Building Materials Price Index
BOP : Balance of Payment
BSIC : Bangladesh Standard Industrial Classification
CFC : Consumption of Fixed Capital
C&F : Clearing and Forwarding
CPI : Consumer Price Index
CSPS : Community Social and Personal Services
DAM : Department of Agricultural Marketing
FY : Fiscal Year
FISIM : Financial Intermediation Services Indirectly Measured
GCF : Gross Capital Formation
GDP : Gross Domestic Product
GFCF : Gross Fixed Capital Formation
GNI : Gross National Income
GO : Gross Output
GVA : Gross Value Added
HIES : Household Income and Expenditure Survey
IC : Intermediate Consumption
ISIC : International Standard Industrial Classification
MP : Market Price
NBR : National Board of Revenue
m.p. : Market Price
NI : National Income
NPISHS : Non-Profit Institutions Serving Household Sector
OS : Operating Surplus
PPI : Producer Price Index
QIIP : Quantum Index of Industrial Production
SID : Statistics and Informatics Division
SNA : System of National Accounts
UVI : Unit Value Index
VA : Value Added
1
11 Provisional Estimates of GDP for FY2016-17 and Final
Estimates of GDP for FY2015-16
Provisional Estimates of GDP in FY2017
Provisional estimates of GDP for FY2016-17 indicate an expansion of the economy, with a
growth of 7.24% in real term as compared to 7.11% (final estimate) in FY2015-16. As
compared to FY2015-16, the higher GDP growth in FY2016-17 is mainly due to increase of
growth in respect of (i) Manufacturing, (ii) Electricity, Gas and Water Supply, (iii)
Construction, (iv) Wholesale and retail trade (iv) Transport, Storage & communication (vi)
Public Administration and Defence and (vii) Education. Crops and horticulture, a sub-sector
of the agriculture sector is estimated to post a upward growth of 1.72% in FY2016-17
compared to 0.88% in FY2015-16. However, the growth of large & medium scale
manufacturing sector increased to 11.32% in FY2016-17 as against 12.26% in the previous
year.
The GDP growth rates at current and constant prices during the year from FY2005-06 to
FY2016-17 are shown in the following graph.
The value of GDP at current market prices is provisionally estimated at Tk. 19,561 billion
which is about 12.88% higher than that of FY2015-16. GDP at constant market prices is
2
provisionally estimated at Tk. 9,475 billion which is 7.24% higher than that of FY2015-16 as
shown in Table 5 and Table 6 (page-13).
Per Capita Income
At current prices the per capita GDP and GNI for FY2015-17 are estimated at Tk. 120,931
(US$ 1538) and Tk. 125,999 (US$ 1602) respectively. At constant prices (at 2005-06 prices)
the per capita GDP and GNI for FY2016-17 are estimated at TK. 58,581 and Tk. 61,036
respectively. The provisional estimates are based on the five to seven months actual data
available for the real sectors, government budget and the projected or trend data of the
remaining sectors and sub-sectors.
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Sectoral performances of the economy for FY2016-17:
Agriculture Sector
The agriculture sector contributes about 14.79% of the total GDP. It includes three sub-
sectors namely (i) Crops and horticulture (ii) Animal farming and (iii) Forest and related
services. The overall growth rate of the broad agriculture sector for FY2016-17 is
provisionally estimated at 3.40% in real terms over FY2015-16.
Crop agriculture
Crops and Horticulture sub-sector: According to the provisional estimate, the crops and
horticulture sub-sector of the agriculture sector is likely to increase by 1.72% in real terms in
FY2016-17 over FY2015-16. This growth is due to increase in Jute, Potato and some minor
crops production. The production of Jute has increased from 75.58 lac bale in FY2015-16 to
82.46 lac bale in FY2016-17.
Table 1. Production of major crops
(Lac Metric Ton)
Major Crops 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(p)
Aus 23.32 21.58 23.26 23.28 22.88 21.33
Aman 127.98 128.97 130.23 131.90 134.83 136.50
Boro 187.59 187.78 190.07 191.92 189.37 189.37
Wheat 9.95 12.55 13.03 13.47 13.48 13.48
Total cereals 348.85 350.88 356.59 360.57 360.56 360.68
Maize 12.98 15.48 21.24 23.50 24.45 26.65
Potato 82.05 86.03 89.50 92.54 94.74 99.50
Jute (Lac bale) 80.03 76.11 74.36 75.01 75.58 82.46
Note: “p” denotes provisional, * denotes actual
Production of Aus rice is 21.33 lac metric tons in FY2016-17 against 22.88 lac
metric tons in the previous year, i.e. -6.77% lower.
Aman rice production is 136.50 lac metric tons in FY2016-17 against 134.83 lac
metric tons in FY2015-16. Production of FY2016-17 is yet to be finalised.
Since Boro rice production is yet to be finalized, the previous year’s production has
been taken as estimated production for FY2016-17.
4
It assumes that the previous year’s production of Wheat will be retained (13.48 lac
metric ton) in FY2016-17.
Production of Maize has been increased significantly over the recent past and BBS is
actively considering to adopt the same procedure for estimating its production like
other major crops. In FY2016-17, the production Maize has been estimated to 26.10
lac metric tons.
Production of Potato has been forecasted at 99.50 lac metric tons in FY2016-17 as
compared to 94.74 lac metric tons in FY2015-16.
Production of Jute has increased from 75.58 lac bales in FY2015-16 to 82.46 lac
bales in FY2016-17, i.e. 9.10% higher.
Minor crops contributed about 30% to the total output of the crop sub-sector which
includes pulses, spices, sugarcane, fruits, vegetables, tobacco etc. Most of the minor
crops production is yet to be finalized and hence the previous year’s production has
been taken as estimated production for FY2016-17. It may cause some changes in the
production of minor crops if the final estimation is used. It needs to mention here that
during the estimation of provisional GDP, a number of both major and minor crops
have not been harvested. Therefore, final estimate was not done. Over-all, the growth
of agriculture and forestry sector is likely to increase by 2.51% in FY2016-17 as
against 1.79% growth in the previous year.
5
Non-crop agriculture
Animal Farming and Forestry: The growth rate in the animal farming sub-sector is likely to
be 3.32% in FY2016-17 compared to 3.19% in FY2015-16. Gross value added in the forestry
and related services sub-sector is expected to grow by 5.60% during FY2015-17, compared to
5.12% in FY2015-16.
Fishing: Total production of inland and marine catches as estimated by the Directorate of
Fisheries (DoF) is in FY2016-17 higher than that of the previous year. The fishing sector is
likely to grow by 6.26% in FY2016-17 compared to 6.11% in FY2015-16.
Table 2. Fish production (adjusted)
(Thousand Metric Ton)
Year Inland Fish Marine Fish Total Production
2004-05 1,877 407 2,284
2005-06 1,969 427 2,396
2006-07 2,048 446 2,494
2007-08 2,133 464 2,597
2008-09 2,218 482 2,700
2009-10 2,311 503 2,814
2010-11 2,429 566 2,995
2011-12 2,559 597 3,156
2012-13 2,723 633 3,356
2013-14 2,895 648 3,543
2014-15 3,018 684 3,702
2015-16 3,186 692 3,878
2016-17(p) 3,318 697 4,015
Note: “p” denotes projected estimates
6
Industry Sector
The broad industry sector comprises (i) mining and quarrying (ii) manufacturing (iii)
electricity, gas and water supply and (iv) construction activities. The industry sector accounts
for 32.48% of GDP at constant prices for FY2016-17. The growth rate of the broad industry
sector is provisionally estimated at 10.50% for FY2016-17 compared to 11.09% for FY2015-
16. The expected sectoral performances are likely to be as follows:
Mining and Quarrying: Data of major components of this sector, i.e. gas, coal and hard
rock are obtained from Petrobangla. Estimation of this sector has been made on the basis of
six months (July-December, FY2016-17) data. Mining and quarrying is likely to sustain its
growth at 8.00% in FY2016-17 which is lower than (12.84%) FY2015-16. Production of coal
at Barapukuria is included in the ‘Other Mining’ sub-sector. The growth rate of the ‘Other
Mining’ sub-sector is 14.60% in FY2016-17 as compared to 14.42% in the previous year.
Manufacturing: This sector comprises two sub-sectors:
i) Large and medium scale industries and
ii) Small scale industries
Provisional estimate of Quantum Index of Industrial Production (QIIP) used in computing
value added of large and medium scale industries. Growth rate of value added for large &
medium scale industries is 11.32% in FY2016-17 as compared to 12.32% in FY2015-16.
Production of both large and medium scale manufacturing industries, particularly in the case
of Jute textile, Cotton textile, Paper, Cement, Petroleum product, Pharmaceuticals and Food
shows higher growth in the first six months of FY2016-17. However, Garments and
Knitwear, Fertilizer, Tobacco etc. showed negative growth in the first six months of FY2016-
17 as compared to the corresponding period in the previous year.
As regards small scale industries, the output of cottage and handloom industries is estimated
using inter-survey growth rates obtained from the past surveys. For estimating output of other
small scale industries Quantum Index of Industrial Production for Small Scale Industries is
used. This sub-sector contributes about 27% of the total output of the manufacturing sector.
The production of this sub-sector mostly depends on indigenous raw materials and is
generally immune to external shocks. Small scale manufacturing industries like Grain
milling, Food products, Garments products etc. show higher growth in the first six months of
current fiscal year. On the other hand production indices of small milling, printing &
7
publishing etc. shows a downward trend in the same period. Growth rate of small scale
industries as a whole stands at 9.19% in FY2016-17 as against 7.02% in FY2015-16.
Table.3. Quantum Index of Major Industries (Large and Medium Scale Industries) (Base: 2005-06)
Code Name of Industry 2013-14 2014-15 2015-16
July-December
2015-16 2016-17 Growth
rate
3 GENERAL INDEX(MFG.) 213.22 236.11 268.11 254.18 275.68 8.46
10 Food products 241.52 333.07 385.10 386.89 360.82 -6.74
11 Beverages 243.19 230.06 269.75 250.34 261.03 4.27
12 Tobacco products 149.65 147.37 135.48 133.65 136.82 2.37
13 Textile 139.68 122.81 138.90 129.02 156.49 21.29
14 Wearing apparel 293.7 304.76 338.73 316.72 332.28 4.91
15 Leather and related products 147.83 140.48 125.44 114.19 160.23 40.32
16 Wood and products of wood and
cork 243.39 269.88 301.72 296.13 321.11
8.44
17 Paper and paper products 151.95 174.68 181.08 180.11 183.29 1.77
18 Printing and reproduction of
recorded media 127.73 140.91 147.83 146.41 154.18
5.31
19 Coke and refined petroleum
products 92.76 96.79 112.00 84.31 173.35
105.61
20 Chemicals and chemical
products 80.41 77.49 92.73 88.49 97.95
10.69
21 Pharmaceuticals and medicinal
chemical 230.6 290.98 319.26 311.09 359.37
15.52
22 Rubber and plastic products 263.84 292.69 338.14 320.74 360.10 12.27
23 Other non-metallic mineral
products 144.18 182.78 258.34 231.41 298.31
28.91
24 Basic metals 150.2 187.13 202.85 182.09 171.74 -5.68
25 Fabricated metal products except
machinery 164.33 182.30 200.53 191.86 229.84
19.80
26 Computer, electronic and optical
products 105.46 148.37 231.89 174.97 219.00
25.16
27 Electrical equipment 132.06 164.56 214.12 195.60 352.52 80.22
28 Machinery and equipment n.e.c 172.68 204.89 279.14 247.12 360.95 46.06
29 Motor vehicles, trailers and
semi-trailers 205.84 178.83 331.63 327.49 744.63
127.37
30 Other transport equipment 152.88 340.12 592.41 608.06 493.28 -18.88
31 Furniture 101.12 116.35 132.02 129.69 148.71 14.67
If other industries could retain at least the same rate of growth as achieved in the
corresponding period of previous fiscal year, the overall manufacturing sector may achieve a
growth rate of 10.96% in FY2016-17 as compared to 11.69% in FY2015-16.
Electricity and Gas: The data available up to January 2017 have been used for projecting
the growth rate of this sector. Long term trend of the annual production of electricity and gas
is shown in the following table:
8
Table 4. Production of Gas and Electricity
Year Gas
(106 Cu. meter)
Electricity
(106 KWh)
2004-05 13,783 21,408
2005-06 14,921 22,977
2006-07 15,920 23,268
2007-08 17,014 24,953
2008-09 18,511 26,533
2009-10 19,919 29,246
2010-11 20,075 31,355
2011-12 21,056 35,117
2012-13 22,670 38,229
2013-14 23,232 38,040
2014-15 25,263 40,358
2015-16 27,559 46,371
2015-16 16,097 (July- January) 19,352 (July-November)
2016-17 16,051 (July- January) 22,106 (July-November)
In FY2015 and FY2016 electricity production was 40,358 and 46,371 million KWh
respectively as reported by Power Development Board (PDB). Electricity production for
the first five months (July 2016-November 2016) of FY2016-17 was 22,106 million
KWh, which was 2,754 million KWh higher than that of the same period of the previous
year. It is expected that the generation of electricity will maintain the same growth in the
full year of FY2016-17.
Gas output is showing a upward trend and natural gas alone accounted for about 37% of
total value added of mining sector.
In FY2014-15 and FY2015-16 gas production was 25.26 and 27.56 billion cubic meters
respectively. Gas production for the first seven months (July 2016-January 2017) of
FY2016-17 was 16.05 billion cubic meters, which was 0.29% lower than that of the same
period of last year.
As a result, the growth rate of the electricity, gas and water supply sector is expected to be
12.72% in FY2016-17 as compared to 13.33% in FY2015-16.
Construction: The major components of construction activities are pucca, semi-pucca,
kutcha house construction and other structures. The value of output of pucca and semi-pucca
dwelling and non-dwellings construction is estimated using commodity flow approach. This
approach envisages estimation of production of commodities used in construction after
9
adjusting them for inputs in other industries, changes in stocks; imports and exports so as to
obtain the net availability of commodities for construction purposes. The expenditure on
kutcha house construction is estimated in an indirect way, based on the estimated increase in
the stock of such houses and the cost of construction of an average quality house. Cement,
iron and steel, bricks, timber & round wood and fixtures & fittings are the major inputs of the
construction sector. The domestic production of cement in the first six months of FY2015-16
is higher than that of the same period of previous year. Data available from Bangladesh Bank
shows that the import of iron and steel during July-December 2016 is higher than that of the
same period of the previous year. The production of bricks in the first six months of FY2015-
16 is slightly increased over the same period of previous year. Public sector construction is
likely to be higher due to increased Annual Development Programme for FY2015-16. Overall
the construction sector is likely to achieve higher growth rate due to increase of construction
activity. The construction sector is, therefore, projected to grow by 9.31% in FY2016-17
against 8.57% in FY2015-16.
10
Service Sector
Service sector or tertiary sector includes all service activities. Total output of the service
sector consists of the collective outputs of the wholesale and retail trade, transport, storage
and communication, financial intermediations, real estate, renting and business activities,
public administration and defence, education, health and social work and community, social
and personal services activities. The sectoral share of the services sector is 52.73% of the
total GDP at constant prices. Growth scenarios of the services sector for FY2016-17 are
briefly as follows:
Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and
Household goods: Commodity flow method is applied to estimate output of this sector which
depends on agriculture and manufacturing sectors. The output of this sector is likely to
register a growth rate of 6.88% in FY2016-17 compared to 6.50% in previous year. It is due
to increase in manufacturing production and imported commodities in FY2016-17. Table 5
and table 6 present the value added estimates and the growth rates of wholesale and retail
trade sector during FY2013-14 to FY2016-17 at current and constant prices respectively.
Hotel and Restaurant: Growth rates obtained from Hotel and restaurant survey 2009-10 are
used for estimating output of Hotel and Restaurants sector adjusted by coefficients from
survey of selected economic indicators. Consumer Price Index (CPI) is used for constant
price estimates. The sector is expected to achieve a growth rate of 7.14% in FY2016-17
which is higher than previous year (6.98%).
Transport, Storage and Communication Sector: Major sources of information of this
sector are Bangladesh Road Transport Authority (BRTA), Bangladesh Railway (BR),
Bangladesh Shipping Corporation (BSC), Chittagong Port Authority, Bangladesh Inland
Water Transport Corporation (BIWTC), Bangladesh Post Office etc. The combined effect of
information from this sector show that the transport, storage and communication sector is
expected to achieve a growth rate of 6.68% in FY2016-17 which is higher than previous year
(6.08%). Post and Tele communication services increased with a growth of 6.63% in
FY2016-17. Communication services, particularly the Mobile Phone Services (MPS) market
continued to drive the telecommunication industries because of strong consumer demand
which led to the high growth of Post and Telecommunication sub-sector. Hence the share of
this sector in GDP is estimated 11.25% at constant prices.
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Financial Intermediations: The financial institutions including central bank, schedule
banks, leasing companies, insurance companies, microfinance institutions, stock markets etc.
belong to this sector. The sources of data are Bangladesh Bank, Insurance Development and
Regularity Authority (IDRA), Bangladesh Insurance Association, Bangladesh Central
Depository Ltd and annual report of other financial institutions. Net interest income is the key
indicator used to estimate the value added of banking sector, where premium received less
claim paid is used to estimate the value added of insurance sector. Other financial auxiliary
includes money changers, insurance agents and stock markets. The sector experienced an
increase of 7.74% in FY2015-16, where the decrease is estimated to 7.67% in FY2016-17.
Real Estate, Renting and Business Activities Sector: Inter-censal compound growth rate is
used for estimating dwelling houses. Annual average house rent and maintenance cost is used
for estimating output and intermediate consumption respecting at constant price.
Extrapolation and set movers obtained from the Population and Housing Census, 2011, have
been used for estimating the value added in this sector for FY2016-17. The growth rate in this
sector is provisionally estimated at 4.78% in FY2016-17.
Public Administration & Defence Sector: This sector covers services rendered by the
administrative departments of the central and the local governments, government non-profit
institutions (NPIs) and defense sector as well. The sources of data are the budget documents
of the central government (revenue and development budgets) and local governments. At
constant prices Public Administration and Defense sector is likely to grow by 9.85 percent in
FY2016-17 compared to the previous year. This is due to increase in new pay scale, pensions
and gratuities etc. of the government.
Education Sector: Gross value added (GVA) of this sector is compiled mainly from public
and private educational institutions. Public part is estimated from Government budget
document. Private part is estimated from the growth rate of “Private education survey 2006-
07”. Sectoral growth rate for education is expected to be 11.51% in FY2016-17 compared
11.71% in FY2015-16.
Health and Social Works: Health sector is divided into public and private sub sector.
Current price GVA of Public sector is estimated on income method by using the data from
government expenditure data collected from office of the Comptroller General of Accounts
(CGA). Current price is then deflated to constant price by using CPI national. Growth rate of
Survey on private health establishment survey, 2007 is used to estimate constant price GVA
of private sector and it is being inflated by the said deflator to come up with current price
12
estimate. It is estimated that the sector would record as higher growth of 7.50% in FY2016-
17 as compared to 7.54% in FY2015-16.
Community, Social and Personal Services: This sector is projected to grow by 3.62% in
FY2016-17 over FY2015-16. This sector is estimated from the growth rate of “Labour force
survey 2013” and “Professional and miscellaneous survey 1992-93”.
Sectoral Shares in GDP
At current prices the share of the Agriculture sector (which includes crop and non-crop
agriculture, animal farming and poultry, forestry and fishing) in total GDP is 14.22% in
FY2016-17 as against 14.77% for FY2015-16. At current prices, the share of Industry sector
in total GDP is 29.25% for FY2016-17 as against 28.77% for FY2015-16. The share of the
service sector (wholesale and retail trade; hotel and restaurants; transport, storage and
communication; financial intermediations; real estate, renting and business activity; public
administration and defence; education; health and social work; community, social and
personal services) in total GDP is 56.53% for FY2016-17 which was 56.46% for FY2015-16.
The data on sectoral shares show that the share of agriculture sector in GDP is gradually
decreasing while that of service sector is increasing.
These changes indicate that while physical output (particularly for crops and horticulture) of
Agriculture sector has increased on a sustained basis, its relative contribution has been
declining while service sector contribution has been steadily increasing over the period.
13
Table 5. Gross Domestic Product by Industrial Sector at Current Prices, 2013-14 to
2016-17(p) (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
Industry Sector Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
I. Agriculture 2,062,758 11.05 2,240,810 8.63 2,433,902 8.62 2,644,760 8.66
1. Agriculture and Forestry 1,639,682 10.22 1,764,997 7.64 1,903,146 7.83 2,048,303 7.63
i) Crops and Horticulture 1,179,029 10.40 1,261,209 6.97 1,343,222 6.50 1,437,046 6.99
ii) Animal Farming 276,668 9.10 298,845 8.02 331,653 10.98 355,757 7.27
iii) Forest and Related
Services 183,985 10.80 204,942 11.39 228,271 11.38 255,499 11.93
2. Fishing 423,076 14.36 475,813 12.47 530,756 11.55 596,457 12.38
II. Industry 3,535,349 12.09 4,067,108 15.04 4,738,710 16.51 5,439,024 14.78
3. Mining and Quarrying 210,799 8.32 238,757 13.26 285,777 19.69 344,207 20.45
4. Manufacturing 2,232,207 13.24 2,544,831 14.01 2,951,110 15.96 3,372,613 14.28
i) Large and Medium Scale 1,803,818 13.84 2,059,920 14.20 2,401,641 16.59 2,749,271 14.47
ii) Small Scale 428,389 10.75 484,911 13.19 549,469 13.31 623,342 13.44
5. Electricity, Gas, Water
Supply 184,006 12.33 198,682 7.98 238,291 19.94 256,628 7.70
6. Construction 908,336 10.19 1,084,839 19.43 1,263,532 16.47 1,465,576 15.99
III. Services 7,206,899 12.59 8,141,955 12.97 9,300,505 14.23 10,512,485 13.03
7. Wholesale and Retail
Trade; Repair of Motor
Vehicles, Motorcycles and
Personal and Household
Goods 1,725,752 11.64 1,925,854 11.60 2,142,574 11.25 2,377,558 10.97
8. Hotels and Restaurants 130,353 15.73 149,279 14.52 170,583 14.27 193,686 13.54
9. Transport, Storage and
Communication 1,343,166 8.08 1,500,253 11.70 1,691,650 12.76 1,869,771 10.53
10. Financial Intermediations 485,632 14.98 557,610 14.82 636,013 14.06 723,343 13.73
11. Real Estate, Renting and
Business Activity 912,291 15.74 1,060,609 16.26 1,237,395 16.67 1,445,127 16.79
12. Public Adm. and Defence 447,278 18.71 506,741 13.29 667,111 31.65 807,350 21.02
13. Education 327,673 15.26 376,240 14.82 465,124 23.62 566,412 21.78
14. Health and social work 269,238 12.80 301,352 11.93 347,578 15.34 391,513 12.64
15. Community, social and
Personal services 1,565,516 12.67 1,764,017 12.68 1,942,478 10.12 2,137,725 10.05
GVA at current basic prices 12,805,005 12.20 14,449,873 12.85 16,473,116 14.00 18,596,269 12.89
Tax less subsidy 631,739 9.56 708,149 12.10 855,521 20.81 964,288 12.71
GDP at current market prices 13,436,744 12.07 15,158,022 12.81 17,328,637 14.32 19,560,557 12.88
GNI at current market prices 14,332,238 10.64 16,142,043 12.63 18,326,749 13.53 20,380,406 11.21
Note: “p” denotes provisional estimates
14
Table 6. Gross Domestic Product by Industrial Sector at Constant Prices,
2013-14 to 2016-17(p) (base: 2005-06)
(Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
Industry Sector Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
Value
Added
Sectoral
Growth
Rate
I. Agriculture 1,225,702 4.37 1,266,498 3.33 1,301,786 2.79 1,346,029 3.40
1. Agriculture and Forestry 951,513 3.81 974,802 2.45 992,281 1.79 1,017,155 2.51
i) Crops and Horticulture 689,378 3.78 701,996 1.83 708,139 0.88 720,323 1.72
ii) Animal Farming 132,581 2.83 136,666 3.08 141,027 3.19 145,703 3.32
iii) Forest and Related services 129,553 5.01 136,139 5.08 143,115 5.12 151,129 5.60
2. Fishing 274,189 6.36 291,695 6.38 309,504 6.11 328,874 6.26
II. Industry 2,195,739 8.16 2,407,999 9.67 2,675,137 11.09 2,955,962 10.50
3. Mining and Quarrying 121,265 4.68 132,901 9.60 149,966 12.84 161,966 8.00
4. Manufacturing 1,446,534 8.77 1,595,680 10.31 1,782,228 11.69 1,977,499 10.96
i) Large and Medium Scale 1,185,403 9.32 1,312,254 10.70 1,473,134 12.26 1,639,943 11.32
ii) Small Scale 261,131 6.33 283,426 8.54 309,094 9.06 337,556 9.21
5. Electricity, Gas, Water supply 105,853 4.54 112,435 6.22 127,422 13.33 143,636 12.72
6. Construction 522,087 8.08 566,983 8.60 615,521 8.56 672,861 9.32
III. Services 4,008,360 5.62 4,240,887 5.80 4,505,812 6.25 4,798,607 6.50
7. Wholesale and Retail Trade;
Repair of Motor Vehicles,
Motorcycles and Personal and Household Goods 1,047,757 6.73 1,114,256 6.35 1,186,654 6.50 1,268,271 6.88
8. Hotels and Restaurants 55,701 6.70 59,504 6.83 63,657 6.98 68,206 7.14
9. Transport, Storage and
Communication 853,824 6.05 904,748 5.96 959,718 6.08 1,023,829 6.68
10. Financial Intermediations 247,902 7.27 267,192 7.78 287,873 7.74 309,967 7.67
11. Real Estate, Renting and Business Activities 516,147 4.25 538,880 4.40 562,968 4.47 589,873 4.78
12.. Public Adm. and Defence 251,646 6.89 276,365 9.82 307,962 11.43 338,297 9.85
13. Education 167,809 7.26 181,250 8.01 202,480 11.71 225,784 11.51
14. Health and Social Work 138,021 5.06 145,174 5.18 156,124 7.54 167,837 7.50
15. Community, Social and Personal Services 729,554 3.27 753,518 3.28 778,376 3.30 806,544 3.62
GVA at constant basic price 7,429,801 6.15 7,915,384 6.54 8,482,734 7.17 9,100,598 7.28
Tax less subsidy 311,560 3.99 333,240 6.96 352,655 5.83 374,818 6.28
GDP at constant market prices 7,741,361 6.06 8,248,624 6.55 8,835,389 7.11 9,475,416 7.24
Note: “p” denotes provisional estimates
15
Table 7. Sectoral Share of GDP at Current and Constant Prices, 2013-14 to 2016-17(p)
2013-14 2014-15 2015-16 2016-17(p)
Industry Sector Current
Prices
Constant
Prices
Current
Prices
Constant
Prices
Current
Prices
Constant
Prices
Current
Prices
Constant
Prices
I. Agriculture 16.11 16.50 15.51 16.00 14.77 15.35 14.22 14.79
1. Agriculture and Forestry 12.81 12.81 12.21 12.32 11.55 11.70 11.01 11.18
i) Crops and Horticulture 9.21 9.28 8.73 8.87 8.15 8.35 7.73 7.92
ii) Animal Farming 2.16 1.78 2.07 1.73 2.01 1.66 1.91 1.60
iii) Forest and Related Services 1.44 1.74 1.42 1.72 1.39 1.69 1.37 1.66
2. Fishing 3.30 3.69 3.29 3.69 3.22 3.65 3.21 3.61
II. Industry 27.61 29.55 28.15 30.42 28.77 31.54 29.25 32.48
3. Mining and Quarrying 1.65 1.63 1.65 1.68 1.73 1.77 1.85 1.78
4. Manufacturing 17.43 19.47 17.61 20.16 17.91 21.01 18.14 21.73
i) Large and Medium Scale 14.09 15.95 14.26 16.58 14.58 17.37 14.78 18.02
ii) Small Scale 3.35 3.51 3.36 3.58 3.34 3.64 3.35 3.71
5. Electricity, Gas, Water Supply 1.44 1.42 1.37 1.42 1.45 1.50 1.38 1.58
6. Construction 7.09 7.03 7.51 7.16 7.67 7.26 7.88 7.39
III. Services 56.28 53.95 56.35 53.58 56.46 53.12 56.53 52.73
7. Wholesale and Retail Trade;
Repair of Motor Vehicles,
Motorcycles and Personal and
Household Goods 13.48 14.10 13.33 14.08 13.01 13.99 12.79 13.94
8. Hotels and Restaurants 1.02 0.75 1.03 0.75 1.04 0.75 1.04 0.75
9. Transport, Storage and
Communication 10.49 11.49 10.38 11.43 10.27 11.31 10.05 11.25
10. Financial Intermediations 3.79 3.34 3.86 3.38 3.86 3.39 3.89 3.41
11. Real Estate, Renting and
Business Activities 7.12 6.95 7.34 6.81 7.51 6.64 7.77 6.48
12. Public Adm. and Defence 3.49 3.39 3.51 3.49 4.05 3.63 4.34 3.72
13. Education 2.56 2.26 2.60 2.29 2.82 2.39 3.05 2.48
14. Health and Social Work 2.10 1.86 2.09 1.83 2.11 1.84 2.11 1.84
15. Community, Social and
Personal Services 12.23 9.82 12.21 9.52 11.79 9.18 11.50 8.86
Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Note: “p” denotes provisional estimates
16
Table 8. Per Capita GDP and GNI at Current Prices, 2013-14 to 2016-17(p)
Item 2012-13 2013-14 2014-15 2015-16 2016-17(p)
GDP (Million Tk.) 11,989,232 13,436,744 15158022 17,328,637 19,560,557
GNI (Million Tk.) 12,953,523 14,332,238 16142043 18,326,749 20,380,406
Per Capita GDP (Tk.) 78,009 86,266 96004 108,378 120,931
Growth rate (per capita GDP) 12.06 10.58 11.29 12.89 11.58
Per Capita GNI (Tk.) 84,283 92,015 102236 114,621 125,999
Growth rate (per capita GNI) 11.63 9.17 11.11 12.11 9.93
Per Capita GDP (US $) 976 1,110 1236 1,385 1,538
Per Capita GNI (US $) 1,054 1,184 1316 1,465 1,602
Note: “p” denotes provisional estimates
Table 9. Per Capita GDP and GNI at Constant Prices, 2012-13 to 2016-17(p)
(Base: 2005-06)
Item 2012-13 2013-14 2014-15 2015-16 2016-17(p)
GDP (Million Tk.) 7,298,965 7,741,361 8248624 8,835,389 9,475,416
GNI (Million Tk.) 7,886,019 8,257,285 8784104 9,344,299 9,872,562
Per Capita GDP (Tk.) 47,491 49,701 52243 55,259 58,581
Growth rate (per capita GDP) 4.56 4.65 5.11 5.77 6.01
Per Capita GNI (Tk.) 51,311 53,013 55634 58,442 61,036
Growth rate (per capita GNI) 4.15 3.32 4.94 5.05 4.44
Note: “p” denotes provisional estimates
17
Final Estimates of GDP for FY2015-16
The provisional estimates of Gross Domestic Product (GDP) for FY2015-16 were released in
September 2016. These estimates are revised and finalized incorporating latest information of
agricultural production, index of industrial production and performance of other key sectors
like construction; transport, storage and communication; financial intermediations and
government expenditure. Thus, final estimates of GDP are based on a more complete annual
data than what were available for the provisional estimates. The salient features of the final
estimates are stated below:
Estimate at constant prices (base: 2005-06)
a. Gross Domestic Product
Gross domestic product at constant prices (base: 2005-06) in FY2015-16 has now been
estimated at Tk. 8835389 million, against Tk. 8248624 million in FY2014-15, showing a
growth rate of 7.11 per cent over the previous year. The slight increase in growth rate of real
GDP in final estimate (7.11%) as compared to the provisional estimate for the FY2015-16
(7.05%) is primarily due to downward revision in the growth of agriculture, mining &
quarrying, public administration, education and some other sectors.
b. Per Capita GDP
The per capita GDP in real terms (base: 2005-06) for FY2015-16 has been estimated at Tk.
55,259 as against Tk. 52,243 for FY2014-15. The growth rate of per capita GDP has been
estimated at 5.77% for FY2015-16.
Agriculture sector
According to the final estimates, the agriculture sector (including fishing) showed a growth of
2.79% in FY2015-16 over FY2014-15. Such growth was largely attributed to the increased
production of Aus, Aman, Boro, Wheat and Potato.
In the provisional estimates, the crop sub-sector was estimated to grow by 0.50% but in the
final estimates, this sub-sector’s growth rate stood at 0.88%.
In the provisional estimates, the fisheries sub-sector was estimated to grow by 6.19%, but in
the final estimates, this sub-sector recorded slightly lower growth rate of 6.11% based on fish
production data provided by the Directorate of Fishery (DoF).
18
Industry sector
Mining and Quarrying: In the provisional estimate, the projected growth rate of mining and
quarrying sector was 12.06% in FY2015-16. The final estimate showed a growth rate of
12.84%.
Manufacturing: The overall growth rate of manufacturing sector has been finally estimated
at 11.69% for FY2015-16 which is higher than the provisional estimate of 10.30%. In the
final estimate, large and medium scale manufacturing industries grew by 12.26% as against
10.70% for FY2015-16.
Electricity, Gas and Water: The overall growth rate of this sector has been finally estimated
at 13.33% for FY2015-16 which is higher than the provisional estimate of 11.15%. The
electricity, gas and water sub-sector grew by 14.20%, 9.91% and 7.40% respectively for
FY2015-16.
Construction: In the provisional estimates for FY2015-16, the growth rate was calculated at
8.87%. The final estimate shows a decrease in the growth rate and stands at 8.56% in
FY2015-16.
Services sector
Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and
Household Goods: The growth rate in this sector is finally estimated at 6.50% as against
6.61% in the provisional estimate for FY2015-16.
Transport, Storage and Communication: In the final estimate, the growth rate in
Transport, storage and communication sector is 6.08% against 6.51% in the provisional
estimate.
Financial Intermediation: The growth rate of financial intermediation is finally estimated at
7.74% against 6.64% in the provisional estimate.
Public Administration: The growth rate of Public Administration and Defense sector is
finally estimated at 11.43 percent as against 15.68 percent in the provisional estimate for
FY2015-16.
* Table 10 and table 11 show the volume and growth rate of GDP in the provisional and the
final estimates for FY2015-16.
Estimate at current prices
Gross Domestic Product
Gross domestic product at current prices for FY2015-16 has now been estimated at Tk.
17,328,637 million, against Tk. 15,158,022 million in FY2014-15, showing a growth rate of
14.32% over the previous year.
19
The growth rate of GDP for FY2015-16 over FY2014-15 is finally estimated at 14.32%
which was provisional estimated at 14.10%.
Table 10. Provisional and Final Estimates of GDP at Current Prices, 2015-16
(Million Tk.)
Gross Value added Growth Rate
Industry Sector Provisional
Estimate
Final
Estimate
Provisional
Estimate
Final
Estimate
I. Agriculture 2,424,182 1,857,524 8.18 8.62
1. Agriculture and Forestry 1,892,720 1,487,578 7.24 7.83
i) Crops and Horticulture 1,335,345 1,067,941 5.88 6.50
ii) Animal Farming 329,101 253,588 10.12 10.98
iii) Forest and Related Services 228,275 166,050 11.39 11.38
2. Fishing 531,462 369,946 11.70 11.55
II. Industry 4,693,740 3,154,016 15.41 16.51
3. Mining and Quarrying 288,797 194,611 20.96 19.69
4. Manufacturing 2,922,821 1,971,272 14.85 15.96
i) Large and Medium Scale 2,383,955 1,584,482 15.73 16.59
ii) Small Scale 538,867 386,790 11.13 13.31
5. Electricity, Gas, Water supply 224,585 163,812 13.04 19.94
6. Construction 1,257,537 824,321 15.92 16.47
III. Services 9,316,204 6,401,073 14.42 14.23
7. Wholesale and Retail Trade; Repair of
Motor Vehicles, Motorcycles and
Personal and Household Goods 2,144,067 1,545,794 11.33 11.25
8. Hotels and Restaurants 170,611 112,634 14.29 14.27
9. Transport, Storage and Communication 1,693,965 1,242,805 12.91 12.76
10. Financial Intermediations 628,804 422,365 12.77 14.06
11. Real Estate, Renting and Business Activities 1,233,924 788,200 16.34 16.67
12. Public Administration and Defense 701,031 376,782 38.34 31.65
13. Education 451,324 284,293 19.96 23.62
14. Health and Social Work 347,132 238,683 15.19 15.34
15. Community, Social and Personal
Services 1,945,345 1,389,516 10.28 10.12
GVA at Current Basic Prices 16,434,126 11,412,612 13.73 14.00
Tax less subsidy 861,540 576,620 21.66 20.81
GDP at Current Market Prices 17,295,665 11,989,232 14.10 14.32
GNI at Current Market Prices 18,314,994 12,953,523 13.46 13.53
20
Table 11. Provisional and Final Estimates of GDP at Constant Prices, 2015-16
(Base: 2005-06)
(Million Tk.)
Industry Sector
Gross Value added Growth Rate
Provisional
Estimate
Final
Estimate Provisional Final
I. Agriculture 1,299,436 1,301,786 2.60 2.79
1. Agriculture and Forestry 989,677 992,281 1.53 1.79
i) Crops and Horticulture 705,512 708,139 0.50 0.88
ii) Animal Farming 141,048 141,027 3.21 3.19
iii) Forest and Related Services 143,117 143,115 5.13 5.12
2. Fishing 309,759 309,504 6.19 6.11
II. Industry 2,651,202 2,675,137 10.10 11.09
3. Mining and Quarrying 148,929 149,966 12.06 12.84
4. Manufacturing 1,760,008 1,782,228 10.30 11.69
i) Large and Medium Scale 1,456,683 1,473,134 11.01 12.26
ii) Small Scale 303,325 309,094 7.02 9.06
5. Electricity, Gas, Water supply 124,974 127,422 11.15 13.33
6. Construction 617,291 615,521 8.87 8.56
III. Services 4,525,048 4,505,812 6.70 6.25
7. Wholesale and Retail Trade; Repair of
Motor Vehicles, Motorcycles and
Personal and Household Goods 1,187,870 1,186,654 6.61 6.50
8. Hotels and Restaurants 63,670 63,657 7.00 6.98
9. Transport, Storage and Communication 963,608 959,718 6.51 6.08
10. Financial Intermediations 284,922 287,873 6.64 7.74
11. Real Estate, Renting and Business activities 563,203 562,968 4.51 4.47
12. Public Administration and Defense 319,707 307,962 15.68 11.43
13. Education 206,222 202,480 13.78 11.71
14. Health and Social Work 157,446 156,124 8.45 7.54
15. Community, Social and
Personal Services 778,400 778,376 3.30 3.30
GVA at Basic Prices 8,475,686 8,482,734 7.08 7.17
Tax less subsidy 354,857 352,655 6.49 5.83
GDP at Constant Market Prices 8,830,544 8,835,389 7.05 7.11
21
2 Provisional and Final Estimates of GDP by Expenditure Category
Provisional and Final Estimates by Expenditure Category
Taking the perspective of the final uses of a country’s output, GDP can be derived as the total
of final consumption expenditure, gross capital formation and net exports. Final consumption
expenditure is incurred by three institutional sectors i.e. General Government, Households
and Nonprofit Institutions Serving Households (NPISH).
Final Consumption Expenditure (FCE)
At current prices the final consumption expenditure is likely to grow by 11.26% in FY2016-
17 compared to the previous year. In FY2016-17, the final consumption is Tk. 14,463,851
million as against Tk. 13,000,335 million in FY2015-16. In FY2016-17, its share in GDE
(Gross Domestic Expenditure) and GDP (Gross Domestic Product) are 74.72% and 73.94%
respectively. In FY2015-16, the share of final consumption expenditure was 75.01% of GDE
and 75.02% of GDP.
Private Final Consumption Expenditure (PFCE): Private final consumption expenditure is
expected to be Tk. 13,213,109 million in FY2016-17 and Tk. 11,979,247 million which is
9.10% higher than that in FY2015-16. Table 12 shows the rate of change of consumption
expenditure at current prices.
Table 12. Growth Rate of Final Consumption Expenditure
Year
Growth Rate (%) Consumption-GDP Ratio (%)
Total Private General Government
Total Private General Government
2009-10 12.44 12.42 12.71 79.19 74.11 5.08
2010-11 15.10 15.09 15.33 79.38 74.28 5.10
2011-12 14.35 14.38 13.91 78.78 73.74 5.04
2012-13 12.45 12.25 15.35 77.96 72.85 5.12
2013-14 12.00 11.65 16.92 77.91 72.57 5.34
2014-15 12.71 12.60 14.22 77.84 72.44 5.40
2015-16 10.18 9.10 24.65 75.02 69.13 5.89
2016-17(p) 11.26 10.30 22.49 73.94 67.55 6.39
“p” denotes provisional estimates
22
General Government Consumption Expenditure: Based on budgets (allocations/
estimates), general government consumption expenditure is projected to grow by 22.49% in
FY2017.
The final government consumption expenditure is expected to be Tk. 1,250,742
million in FY2016-17 which is 6.39% of the GDP (Table-14). In FY2015-16, the
final consumption expenditure was Tk. 1,021,088 billion, which was 5.89% of the
GDP.
In FY2016-17, the growth rate of general government final consumption
expenditure in real terms is likely to be 8.37% while this growth rate is estimated at
22.49% at current prices.
Table 13.General Government Expenditure by Heads
General Government Expenditure (Million Tk.) General Government Expenditure (%)
Year Central Government Local
Govt.*
Total Central Government Local
Govt.*
Total
Total Revenue Develop
ment
Total Revenue Develop
ment
2004-05 (RE) 530880 343170 187710 25020 555900 95.50 61.73 33.77 4.50 100.00
2005-06 (RE) 571040 376310 194730 32026 603066 94.69 62.40 32.29 5.31 100.00
2006-07(RE) 626560 447400 179160 40032 666592 93.99 67.12 26.88 6.01 100.00
2007-08(RE) 731850 547300 184550 46037 777887 94.08 70.36 23.72 5.92 100.00
2008-09(RE) 851960 655280 196680 54044 906004 94.03 72.33 21.71 5.97 100.00
2009-10(RE) 984880 725710 259170 61049 1045929 94.16 69.38 24.78 5.84 100.00
2010-11(RE) 1149380 819310 330070 90073 1239453 92.73 66.10 26.63 7.27 100.00
2011-12(RE) 1353300 973100 380200 109088 1462388 92.54 66.54 26.00 7.46 100.00
2012-13(RE) 1587470 1087120 500350 140113 1727583 91.89 62.93 28.96 8.11 100.00
2013-14(RE) 1802500 1233370 569130 170138 1972638 91.38 62.52 28.85 8.62 100.00
2014-15(RE) 2075320 1363880 711440 188152 2263472 91.69 60.26 31.43 8.31 100.00
2015-16(RE) 2481543 1610870 870673 215904 2697447 92.00 59.72 32.28 8.00 100.00
2016-17(BE) 2902320 1991520 910800 254227 3156547 91.95 63.09 28.85 8.05 100.00
* Revised series, RE denotes revised estimates and BE denotes budget estimates
23
Figure 6 shows the final consumption expenditure and its share by private and general
government.
Table 14. Expenditure and Final Consumption of General Government (Million Tk.)
Year Total Expenditure Total Consumption % of Consumption
2008-09(RE) 906,004 359,146 39.64
2009-10 (RE) 1,045,929 404,777 38.70
2010-11 (RE) 1,239,453 466,839 37.66
2011-2012(RE) 1,462,388 531,753 36.36
2012-2013(RE) 1,727,583 613,385 35.51
2013-2014(RE) 1,972,638 717,189 36.36
2014-2015(RE) 2,263,472 819,176 36.19
2015-2016(RE) 2,697,447 1,021,088 37.85
2016-2017(BE) 3,156,547 1,250,742 39.62
RE denotes revised estimates and BE denotes budget estimates
0
10
20
30
40
50
60
70
80
90
Figure 8: Consumption as % of GDP
Total Private General Government
24
Gross Capital Formation (GCF)
The gross capital formation is made up of gross fixed capital formation (GFCF) and change
in inventories (increase/decrease). Gross capital formation or investment is expected to be Tk.
5,920,742 million in FY2016-17 compared to Tk. 5,138,386 million in FY2015-16. Growth
rate of gross capital formation is likely to be 15.23% at current prices compared to 17.35% in
FY2015-16. The percentage share of GFCF to GDP is likely to be 30.27% during FY2016-17
compared to 29.65 in FY2015-16.
Private Gross Capital Formation: The private gross capital formation is estimated Tk.
3,983,470 million (77.52% of total GCF) in FY2015-16. In FY2016-17, private gross capital
formation is estimated at Tk. 4,500,725 million. The growth rate of GCF for FY2016-17 over
FY2015-16 is expected to be 12.99% in nominal terms.
Private GCF or investment grew by 19.10% in FY2015-16 over FY2014-15 and is
expected to grow by 12.99% in FY2016-17.
Private investment-GDP ratio is likely to be 23.01% in FY2017 compared to
22.99% in FY2015-16.
Public investment-GDP ratio is likely to be 7.26% in FY2016-17 compared to
6.66% in FY2015-16.
25
Table 15. Expenditure Based Gross Domestic Product at Current Prices, 2013-14 to 2016-17 (p) (Million Tk.)
Item 2013-14 2014-15 2015-16 2016-17(p)
1. Domestic Demand [(1.1)+(1.2)] 14,308,511 16,177,888 18138721 20384593
1.1 Consumption [(1.1.1)+(1.1.2)] 10,468,575 11,799,237 13,000,335 14,463,851
1.1.1 Private 9,751,386 10,980,061 11,979,247 13,213,109
1.1.2 General Government
717,189 819,176 1,021,088
1,250,742
1.2 Investment [(1.2.1)+(1.2.2)] 3,839,936 4,378,651 5,138,386 5,920,742
1.2.1 Private 2,960,024 3,344,722 3983470 4500725
1.2.2 Public 879,912 1,033,929 1154916 1420017
2. Resource Balance [(2.1)-(2.2)] -878,059 -1,123,611 -806,625 -1,026,021
2.1 Exports 2,551,592 2,627,897 2885169 3026831
2.2 Imports 3,429,651 3,751,508 3691794 4052851
3. Gross Domestic Expenditure at m.p. 13,430,452 15,054,277 17,332,096 19,358,572
4. Gross Domestic Product at m.p. 13,436,744 15,158,022 17,328,637 19,560,557
5. Statistical Discrepancy [(4)-(3)] 6,292 103,745 -3,459 201,985
6. Net Factor Income from Abroad 895,494 984,021 998112 819849
7. Gross National Income at m.p. [(4)+(6)] 14,332,238 16,142,043 18,326,749 20,380,406
8. Net Current Transfers from Abroad 63,342 56,001 5828 9438
9. Gross Disposable National Income
[(7)+(8)] 14,395,580 16,198,044 18,332,577 20,389,845
10. Gross Domestic Savings [(4)-(1.1)] 2,968,169 3,358,785 4,328,302 5,096,706
11. Gross National Savings [(9)-(1.1)] 3,927,005 4,398,807 5,332,242 5,925,994
12. Current Account Balance [(2)+(6)+(8)] 80,777 -83,589 197,315 -196,733
As percent of GDP
Consumption 77.96 77.91 75.02 73.94
Private 72.85 72.57 69.13 67.55
General Government 5.12 5.34 5.89 6.39
Investment 28.39 28.58 29.65 30.27
Private 21.75 22.03 22.99 23.01
Public 6.64 6.55 6.66 7.26
Exports of Goods and Services 19.54 18.99 16.65 15.47
Imports of Goods and Services 26.76 25.52 21.30 20.72
Gross Domestic Savings 22.04 22.09 24.98 26.06
Gross National Savings 30.53 29.23 30.77 30.30
Note: “p” denotes provisional estimates. “-”denotes negative
26
Table 16. Expenditure Based Gross Domestic Product at Constant Prices, 2013-14 to 2016-17 (p) (Base: 2005-06)
(Million Tk.)
Item 2013-14 2014-15 2015-16 2016-17(p)
1. Domestic Demand [(1.1)+(1.2)] 7,933,480 8,438,208 8,868,203 9,404,023
1.1 Consumption [(1.1.1)+(1.1.2)] 5,507,931 5,839,989 6,038,499 6,324,970
1.1.1 Private 5,110,768 5,408,068 5,570,432 5,832,166
1.1.2 General Government 397,163 431,921 468,066 492,804
1.2 Investment [(1.2.1)+(1.2.2)] 2,425,549 2,598,219 2,829,704 3,079,053
1.2.1 Private 1,873,379 1,986,084 2,189,871 2,308,348
1.2.2 Public 552,170 612,135 639,833 770,705
2. Resource Balance [(2.1)-(2.2)] -228,952 -325,733 -168,804 -243,575
2.1 Exports 1,482,726 1,440,765 1,472,415 1,463,904
2.2 Imports 1,711,678 1,766,498 1,641,220 1,707,478
3. Gross Domestic Expenditure at m.p. 7704528 8112475 8699398 9160448
4. Gross Domestic Product at m.p. 7741361 8248624 8835389 9475416
5. Statistical Discrepancy [(4)-(3)] 36,833 136,149 135,991 314,968
6. Net Factor Income from Abroad 515,924 535,480 508,909 397,147
7. Gross National Income at m.p. [(4)+(6)] 8,257,285 8,784,104 9,344,298 9,872,563
8. Net Current Transfers from Abroad 36,493 30,474 2,972 4,572
9. Gross Disposable National Income [(7)+(8)] 8,293,779 8,814,578 9,347,270 9,877,135
GDP Deflator 173.57 183.76 196.13 206.43
(Implicit deflators : base=2005-06)
Final Consumption Expenditure
Consumer Prices Index 190.80 203.03 215.05 226.56
Special Government Employees Index 180.58 189.66 218.15 253.80
Gross Capital Formation
Other Construction (Kutcha) 165.86 176.47 189.41 193.46
Wage Rate Index (Agriculture) 205.54 218.55 234.48 249.58
Construction Materiel Price Index
(Building Materiel Price Index) 179.13 190.97 205.01 218.27
Planted Machinery 119.76 120.61 129.72 132.76
Transport Equipment 149.53 150.59 162.41 165.35
Other Capital Goods 143.96
Unit Price Index
Export 172.09 182.40 195.95 206.76
Import 200.37 212.37 224.94 237.36
Annual percentage change
Final Consumption Expenditure :
Household Final Consumption Expenditure 5.13 4.01 3.00 4.70
General Govt. Final Consumption Expenditure 5.79 7.89 8.37 5.29
Gross capital formation 5.36 9.86 8.91 8.81
Note: “p” denotes provisional estimates
27
Public Gross Capital Formation
Growth rate of public sector investment or GCF for FY2016-17 is projected at 22.95% over
FY2015-16 at current prices.
Table 17. Gross Fixed Capital Formation in Public Sector by Sources of Funding at
Current Prices
(Million Tk.)
Year
Central Government Local
Government
Autonomous and
SOEs Total Development
Budget (ADP)
Revenue
Budget
2005-06 103,314 28,918 18,005 118,080 268,317
2006-07 98,537 24,676 21,577 135,291 280,081
2007-08 94,953 28,314 24,706 134,841 282,814
2008-09 103,231 32,533 27,586 141,022 304,372
2009-10 134,201 39,350 32,392 166,817 372,760
2010-11 183,133 50,337 44,971 203,063 481,504
2011-12 251,386 38,939 74,067 243,628 608,020
2012-13 368,758 85,733 59,348 282,372 796,211
2013-14 461,291 108,768 70,968 238,885 879,912
2014-15 546,163 132,646 82,323 272,797 1,033,929
2015-16 627,195 139,006 94,070 294,645 1,154,916
2016-17(p) 824,136 147,388 118,999 329,494 1,420,017 Note: “p” denotes provisional estimates
Public sector investment or GCF is likely to be Tk. 1,420,017 million in FY2016-17
compared to Tk. 1,154,916 million in FY2015-16.
Table 18. Gross Domestic Fixed Capital Formation by Public and Private sectors
at Current Prices (Million Tk.)
Year Gross Fixed Capital Formation
Public % of GDP Private % of GDP Total % of GDP
2008-09 304,372 4.32 1,543,343 21.89 1,847,715 26.21
2009-10 372,760 4.67 1,720,512 21.57 2,093,272 26.25
2010-11 481,504 5.26 2,029,788 22.16 2,511,292 27.42
2011-12 608,020 5.76 2,374,233 22.50 2,982,253 28.26
2012-13 796,211 6.64 2,607,486 21.75 3,403,697 28.39
2013-14 879,912 6.55 2,960,024 22.03 3,839,936 28.58
2014-15 1,033,929 6.82 3,344,722 22.07 4,378,651 28.89
2015-16 1,154,916 6.66 3,983,470 22.99 5,138,386 29.65
2016-17(p) 1,420,017 7.26 4,500,725 23.01 5,920,742 30.27
Note: “p” denotes provisional estimates
28
Table 19. Shares of Public and Private Investment
Year
As % of total investment
2005-06 prices Current prices
Private Public Private Public
2008-09 83.59 16.41 83.53 16.47
2009-10 82.36 17.64 82.19 17.81
2010-11 81.15 18.85 80.83 19.17
2011-12 80.37 19.63 79.61 20.39
2012-13 77.60 22.40 76.61 23.39
2013-14 77.24 22.76 77.09 22.91
2014-15 76.44 23.56 76.39 23.61
2015-16 77.52 22.48 77.39 22.61
2016-17(p) 76.02 23.98 74.97 25.03
Note: “p” denotes provisional estimates
Net Exports of Goods and Services
Net exports of goods and services are the difference between exports and imports of goods
and services. In FY2015-16 the total exports and imports were recorded at Tk. 2,885,169
million and Tk 3,691,794 million. As a result, the country posted a trade deficit of
Tk.806,625 million. In terms of GNI at current prices, the trade deficit was 4.40%.
The volume of export for FY2016-17 has been projected on the basis of six months’ (July-
December, 2016) actual data on export available from the balance of payments statement
(BOP) prepared by Bangladesh Bank.
The value of imports of goods and services for FY2016-17 is estimated at
Tk.4,052,851 million compared to Tk. 3,691,794 million in FY2015-16.
Growth rate of imports of goods and services is likely to be around 9.78% in Y2016-
17 over FY2015-16.
The value of exports of goods and services for FY2016-17 is estimated at Tk.
3,026,831 million compared to Tk. 2,885,169 million in FY2015-16.
Growth rate of exports of goods and services is likely to be around (-) 1.59% in
FY2016-17 over FY2015-16.
29
Table 20. Investment-GDP Ratio
Year
Investment as % of GDP
2005-06 prices Current prices
Total Private Public Total Private Public
2008-09 27.71 23.16 4.55 26.21 21.89 4.32
2009-10 28.49 23.47 5.03 26.25 21.57 4.67
2010-11 29.32 23.80 5.53 27.42 22.16 5.26
2011-12 30.44 24.46 5.98 28.26 22.50 5.76
2012-13 30.25 23.47 6.78 28.39 21.75 6.64
2013-14 31.33 24.20 7.13 28.58 22.03 6.55
2014-15 31.50 24.08 7.42 28.89 22.07 6.82
2015-16 32.03 24.79 7.24 29.65 22.99 6.66
2016-17(p) 32.50 24.36 8.14 30.27 23.01 7.26
Note: “p” denotes provisional estimates
Net factor income
Based on provisional estimate, net factor income posted a negative growth of 17.86% in
FY2016-17 over previous year.
Net current transfer
Based on provisional estimate, net current transfer posted a positive growth of 11.21% in
FY2016-17.
Investment and Savings
During FY2015-16, the investment-GDP ratio was 29.65%, of which investment-GDP ratio
for public sector was 6.66% and private sector was 22.99%. In FY2016-17, the investment-
GDP ratio is estimated at 30.27% while public and private sector investment-GDP ratios are
likely to be 7.26 and 23.01% respectively. Table 21 shows the savings and investment
balance during FY2010-11 to FY2016-17.
30
Table 21. Savings and Investment as percent of GDP
Category 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(p)
Investment 27.42 28.26 28.39 28.58 28.89 29.65 30.27
Private 22.16 22.50 21.75 22.03 22.07 22.99 23.01
Public 5.26 5.76 6.64 6.55 6.82 6.66 7.26
Domestic Savings 20.62 21.22 22.04 22.09 22.16 24.98 26.06
Private 19.30 19.87 20.59 1.51 1.54 23.02 23.80
Public 1.32 1.36 1.45 20.58 20.62 1.96 2.26
National Savings 28.88 29.86 30.53 29.23 29.02 30.77 30.30
Note: “p” denotes provisional estimates
In FY2015-16, about 72.21% of the total investment is recorded for construction, 19.08% in
plant and machinery, 8.71% in transport equipment.
In FY2016-17, about 71.91% of the total investment is recorded for construction, 19.76% in
plant and machinery, 8.33% in transport equipment.
31
Table 22. Composition of Gross Fixed Capital Formation (Million Tk.)
Year Construction Plant and
Machinery
Transport
Equipment
Others Gross Fixed
Capital
Formation
2008-09 1,273,669 340,782 213,367 19,898 1,847,715
2009-10 1,429,513 398,276 242,109 23,374 2,093,272
2010-11 1,641,692 520,015 322,128 27,457 2,511,292
2011-12 1,956,904 658,786 334,310 32,254 2,982,253
2012-13 2,354,061 657,298 354,451 37,888 3,403,697
2013-14 2,62,0743 847,432 371,761 - 3,839,936
2014-15 3,145,411 861,724 371,516 - 4,378,651
2015-16 3,710,715 980,343 447,328 - 5,138,386
2016-17(p) 4,257,894 1,169,991 492,857 - 5,920,742
Note: “p” denotes provisional estimates
Figure 10: Composition of GFCF for FY2016 and FY2017
32
Saving: Saving represents the excess of current income over current expenditure. Domestic
saving is a residual estimate i.e., it is the difference between GDP and final consumption.
Thus,
GDP = C + I + (X - M)
or, GDP - C = I + (X - M)
or, S(Saving, Domestic ) = I + (X - M)
Again, GDP = C + I + (X - M)
or, GDP + NFI (Net Factor Income) = C + I + (X - M) + NFI
or, GNI (Gross National Income) = C + I + (X - M) + NFI
or, GNI + NCT (Net Current Transfer) = C + I + (X - M) + NFI + NCT
or, GNDI (Gross National Disposable
Income)
= C + I + (X - M) + NFI + NCT
or, GNDI - C = I + (X - M) + NFI + NCT
i.e. S (National Saving, Gross ) = I + CAB, where
CAB = (X - M) + NFI + NCT
Where GNDI = Gross National Disposable
Income
CAB = Current Account Balance
obtained from the Balance of
Payments (BOP)
When net factor income and net current transfers from abroad are taken into account
with gross domestic saving, the national saving could be arrived.
It is obvious from the equation S (national saving) = I + CAB that, if CAB = 0, then
S=I. Obviously, it is a case only for a closed economy. On the other hand, if CAB is negative
(-), the Investment is greater than saving and conversely if CAB is positive (+) the saving is
greater than investment.
33
Table 23. National Accounts Statistics and BOP Identities
(Million Tk.)
Data category 2012-13 2013-14 2014-15 2015-16 2016-17(p)
Balance of Payments
1. Exports of Goods and non-factor services (E) 2,342,441 2,551,592 2,627,897 2885169 3026831
2. Imports of Goods and non-factor services (M) 3,208,142 3,429,651 3,751,508 3691794 4052851
3. Current Account Balance (CAB) 152,339 80,777 -83,589 -806,625 -1,026,021
4. Net Factor Income from Abroad (NFI) 964291 895494 984021 998112 819849
5. Net Current Transfers (NCT) 53749 63342 56001 5828 9438
National Accounts Statistics (NAS)
6. Gross Domestic Products (GDP) 11,989,232 13,436,744 15,158,022 17,328,637 19,560,557
7. Gross Domestic Expenditure (GDE) 11,885,270 13,430,452 15,054,277 17,332,096 19,358,572
8. Gross National Income (GNI) 13,007,272 14,395,580 16,198,044 18,326,749 20,380,406
9. Gross Disposable Income (GDI) 13,007,272 14,395,580 16,198,044 18,332,577 20,389,845
10. Investment (I) 3,403,697 3,839,936 4,378,651 5,138,386 5,920,742
Gross Domestic Savings (GDS) 2,641,959 2,968,169 3,358,785 4,328,302 5,096,706
GDP - C 2,641,959 2,968,169 3,358,785 4,328,302 5,096,706
I + (X - M) 2,537,996 2,961,877 3,255,040 4,331,761 4,894,721
S - NFI - NCT 2,641,959 2,968,169 3,358,785 4,328,302 5,096,706
National Savings (S) 3,659,999 3,927,005 4,398,807 5,332,242 5,925,994
CAB + I 3,556,036 3,920,713 4,295,062 5,335,701 5,724,009
GDI - C 3,659,999 3,927,005 4,398,807 5,332,242 5,925,994
Foreign Savings (FS) 152,339 80,777 -83,589 197,315 -196,733
Investment (I) 3,403,697 3,839,936 4,378,651 5,138,386 5,920,742
(S - NFI - NCT) - (X - M) 3,507,660 3,846,228 4,482,396 6,122,727 4379903
Note: “p” denotes provisional estimates
34
Final Estimates of Expenditure based GDP, FY2016
Of the main components of GDP by expenditure category, private consumption expenditure
grew by 9.10% at current prices while it grew by 3.00% at constant prices in FY2015-16 over
FY2014-15. Based on data, private consumption expenditure has finally been estimated at
Tk. 11,979,247 million as against Tk. 10,980,061 million in the provisional estimates in
FY2016, which is 1.36% lower than the provisional estimate. This difference between
provisional and final estimates of GDE at current and constant prices in FY2015-16 may be
seen in Table 24 and Table 25.
The final estimate of gross fixed capital formation or investment is higher than the
provisional estimate in FY2015-16. Investment growth rate was 16.05% at current prices for
the provisional estimate while the growth rate in the final estimate 17.35% during FY2015-
16. Growth rate of private investment in final estimate goes up to 19.10% as against 12.64%
in provisional estimate. Also public sector investment in final estimate goes down to 11.70%
as against 27.07% in the provisional estimate for FY2015-16.
35
Table 24. Provisional and Final Estimates of Expenditure based GDP at Current
Prices, 2015-16
(Million Tk.)
Expenditure Components of GDE Provisional
Estimates
Final
Estimates
% Change
Final Over
Provisional
Estimates
Growth Rate
Provisional Final
Consumption 13,163,404 13,000,335 -1.24 11.56 10.18
Private 12,143,948 11,979,247 -1.36 10.60 9.10
Public 1,019,456 1,021,088 0.16 24.45 24.65
Investment 5,081,382 5,138,386 1.12 16.05 17.35
Private 3,767,549 3983470 5.73 12.64 19.10
Public 1,313,833 1154916 -12.10 27.07 11.70
Exports 2,814,678 2885169 2.50 7.11 9.79
Imports 3,672,077 3691794 0.54 -2.12 -1.59
Gross Domestic Expenditure at m.p. 17,387,387 17,332,096 -0.32 15.50 15.13
Net Factor Income from Abroad 1,019,330 998112 -2.08 3.59 1.43
Gross National Income at m.p. 18,314,994 18,326,749 0.06 13.46 13.53
Net Current Transfers from Abroad 90,671 5828 -93.57 61.91 -89.59
Gross Disposable National Income 18,405,665 18,332,577 -0.40 13.63 13.18
Note: “-” denote negative
Table 25. Provisional and Final Estimates of Expenditure based GDP
at Constant Prices, 2015-16 (Million Tk.)
Expenditure Components of GDP Provisional
Estimates
Final
Estimates
% Change
Final Over
Provisional
Estimates
Growth Rate
Provisional Final
Consumption 6,170,876 6,038,499 -2.15 5.67 3.40
Private 5,692,703 5,570,432 -2.15 5.26 3.00
Public 478,173 468,066 -2.11 10.71 8.37
Investment 2,829,687 2,829,704 0.00 8.91 8.91
Private 2,095,903 2,189,871 4.48 5.53 10.26
Public 733,785 639,833 -12.80 19.87 4.52
Exports 1,436,174 1,472,415 2.52 -0.32 2.20
Imports 1,609,210 1,641,220 1.99 -8.90 -7.09
Gross Domestic Expenditure at m.p 8827528 8699398 -1.45 8.81 7.23
Net Factor Income from Abroad 520,433 508,909 -2.21 -2.81 -4.96
Gross National Income at m.p. 9,350,977 9,344,298 -0.07 6.45 6.38
Net Current Transfers from Abroad 46,293 2,972 -93.58 51.91 -90.25
Gross Disposable National Income 9,397,271 9,347,270 -0.53 6.61 6.04
Note: “-” denote negative
36
37
3 Inflation and Growth Rate
Inflation
As per Consumer Price Index (CPI) (base: 2005-06), the rate of inflation during FY2015-16
was 5.52% compared to 6.41% in FY2014-15. Prices of food items increased by 4.90% while
prices of non-food items increased by 7.43% during FY2015-16. During FY2016-17, nine
month average inflation rate is 5.34%.
Besides the CPI, price changes can also be measured by percentage change of GDP deflator.
It can be used as an alternative measuring tool of inflation as CPI takes into account only the
selected consumer items. On the other hand, National Accounts Statistics (NAS) take into
account the prices of all outputs (goods and services) produced from each and every
economic activity for an accounting year within a geographical territory.
For the sake of comparison of inflation rates based on CPI and GDP deflator the
required data from FY2006-07 to FY2016-17p have been presented in Figure 11.
38
Table 26. Inflation Rate - National (Base: 2005-06 = 100)
CPI
category 2013-14 2014-15 2015-16
2016-17
Aug’16 Sep’16 Oct’16 Nov’16 Dec’16 Jan'17 Feb’17 Mar’17
General 7.35 6.41 5.92 5.37 5.53 5.57 5.38 5.03 5.15 5.31 5.39
Food 8.56 6.68 4.49 4.30 5.10 5.56 5.41 5.38 6.53 6.84 6.89
Non-food 5.55 5.99 7.43 7.00 6.19 5.58 5.33 4.49 3.10 3.07 3.18
Table 27. Consumer Price Index (CPI) and Inflation Rate
(Point to Point) (Base: 2005-06 = 100)
CPI Classification 2013-04 2014-15 2015-16 2016-17
Dec’16 Jan’17 Feb’17 Mar’17
National
General index 195.08 207.58 219.86 231.53 234.34 234.40 235.29
Inflation 7.35 6.41 5.92 5.03 5.15 5.31 5.39
Food index 209.79 223.8 234.77 249.29 251.86 251.93 253.32
Inflation 8.56 6.68 4.90 5.38 6.53 6.84 6.89
Non-food 176.23 186.79 200.66 208.76 211.88 211.92 212.18
Inflation 5.55 5.99 7.43 4.49 3.10 3.07 3.18
Rural
General index 196.90 209.1 220.1 230.73 233.71 233.75 234.56
Inflation 7.07 6.2 5.26 4.46 4.92 5.14 5.19
Food index 207.72 221.02 230.31 243.12 246.41 246.46 247.72
Inflation 8.11 6.4 4.20 4.78 6.28 6.66 6.72
Non-food 179.69 190.13 203.86 211.02 213.51 213.54 213.62
Inflation 5.21 5.81 7.22 3.88 2.52 2.46 2.49
Urban
General index 191.73 204.76 219.31 233.01 235.51 235.59 236.64
Inflation 7.89 6.8 7.11 6.07 5.57 5.62 5.76
Food index 214.85 230.56 245.66 264.36 265.16 265.28 266.97
Inflation 9.67 7.31 6.55 6.74 7.11 7.22 7.28
Non-food 171.61 182.32 196.39 205.75 209.71 209.77 210.26
Inflation 6.01 6.24 7.72 5.35 3.91 3.91 4.14
Table 28 shows the GDP growth rates both in real and nominal terms and inflation rate based
on CPI during FY2006-07 to FY2016-17.
39
Table 28. GDP growth and Inflation Rate
Period GDP growth rate Inflation rate
(Base: 2005-06) Nominal growth rate Real growth rate
2006-07 13.99 7.06 9.39
2007-08 14.35 6.01 12.30
2008-09 12.15 5.05 7.60
2009-10 13.11 5.57 6.82
2010-11 14.83 6.46 10.91
2011-12 15.22 6.52 8.69
2012-13 13.62 6.01 6.78
2013-14 12.68 6.06 7.35
2014-15 12.81 6.55 6.41
2015-16 14.32 7.11 5.92
2016-17(p) 12.88 7.24 5.34/a
Note: /a Eight month (July-February, 2016-17) average.
It is observed that the average real and nominal GDP growth rates during the last five years
were 6.59% and 13.14% respectively. The average inflation rate during this period was
recorded as 6.36%.
40
Annex-I
GDP Annex Tables
42
43
Table 1. Gross Domestic Product of Bangladesh at Current Prices, 2013-14 to 2016-17(p) (Million Tk.)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 1,639,682 1,764,997 1,903,146 2,048,303
a) Crops & horticulture 1,179,029 1,261,209 1,343,222 1,437,046
b) Animal Farming’s 276,668 298,845 331,653 355,757
c) Forest and related services 183,985 204,942 228,271 255,499
2. FISHING 423,076 475,813 530,756 596,457
3. MINING AND QUARRYING 210,799 238,757 285,777 344,207
a) Natural gas and crude petroleum 81,557 91,877 107,059 125,635
b) Other mining & quarrying 129,242 146,880 178,718 218,572
4. MANUFACTURING 2,232,207 2,544,831 2,951,110 3,372,613
a) Large & medium scale 1,803,818 2,059,920 2,401,641 2,749,271
b) Small scale 428,389 484,911 549,469 623,342
5. ELECTRICITY, GAS AND WATER
SUPPLY 184,006 198,682 238,291 256,628
a) Electricity 138,335 150,614 184,465 199,508
b) Gas 36,759 37,866 42,793 44,830
c) Water 8,912 10,203 11,033 12,290
6. CONSTRUCTION 908,336 1,084,839 1,263,532 1,465,576
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL
AND HOUSEHOLD GOODS 1,725,752 1,925,854 2,142,574 2,377,558
8. HOTEL AND RESTAURANTS 130,353 149,279 170,583 193,686
9. TRANSPORT, STORAGE &
COMMUNICATION 1,343,166 1,500,253 1,691,650 1,869,771
a) Land Transport 993,106 1,120,956 1,278,949 1,428,437
b) Water transport 80,643 89,674 102,065 109,963
c) Air transport 11,156 12,688 13,516 13,866
d) Support transport services, storage 66,716 74,270 80,306 86,480
e) Post and Tele communications 191,544 202,665 216,814 231,024
10. FINANCIAL INTERMEDIATIONS 485,632 557,610 636,013 723,343
a) Monetary intermediation (Banks) 403,897 466,437 537,896 615,049
b) Insurance 53,636 59,376 63,266 68,213
c) Other financial intermediation 28,100 31,796 34,851 40,081
11. REAL ESTATE, RENTING AND
BUSINESS ACTIVITIES 912,291 1,060,609 1,237,395 1,445,127
12. PUBLIC ADMINISTRATION AND
DEFENCE 447,278 506,741 667,111 807,350
13. EDUCATION 327,673 376,240 465,124 566,412
14. HEALTH AND SOCIAL WORKS 269,238 301,352 347,578 391,513
15. COMMUNITY, SOCIAL AND
PERSONAL SERVICES 1,565,516 1,764,017 1,942,478 2,137,725
GVA at basic price 12,805,005 14,449,873 16,473,116 18,596,269
Tax less subsidy 631,739 708,149 855,521 964,288
GDP at current market price 13,436,744 15,158,022 17,328,637 19,560,557
Growth rate 12.07 12.81 14.32 12.88
Note : p denotes provisional
44
Table 2. Sectoral Share of GDP at Current Prices, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 12.81 12.21 11.55 11.01
a) Crops & horticulture 9.21 8.73 8.15 7.73
b) Animal Farmings 2.16 2.07 2.01 1.91
c) Forest and related services 1.44 1.42 1.39 1.37
2. FISHING 3.30 3.29 3.22 3.21
3. MINING AND QUARRYING 1.65 1.65 1.73 1.85
a) Natural gas and crude petroleum 0.64 0.64 0.65 0.68
b) Other mining & quarrying 1.01 1.02 1.08 1.18
4. MANUFACTURING 17.43 17.61 17.91 18.14
a) Large & medium scale 14.09 14.26 14.58 14.78
b) Small scale 3.35 3.36 3.34 3.35
5. ELECTRICITY, GAS AND WATER SUPPLY 1.44 1.37 1.45 1.38
a) Electricity 1.08 1.04 1.12 1.07
b) Gas 0.29 0.26 0.26 0.24
c) Water 0.07 0.07 0.07 0.07
6. CONSTRUCTION 7.09 7.51 7.67 7.88
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 13.48 13.33 13.01 12.79
8. HOTEL AND RESTAURANTS 1.02 1.03 1.04 1.04
9. TRANSPORT, STORAGE &
COMMUNICATION 10.49 10.38 10.27 10.05
a) Land Transport 7.76 7.76 7.76 7.68
b) Water transport 0.63 0.62 0.62 0.59
c) Air transport 0.09 0.09 0.08 0.07
d) Support transport services, storage 0.52 0.51 0.49 0.47
e) Post and Tele communications 1.50 1.40 1.32 1.24
10. FINANCIAL INTERMEDIATIONS 3.79 3.86 3.86 3.89
a) Monetary intermediation (Banks) 3.15 3.23 3.27 3.31
b) Insurance 0.42 0.41 0.38 0.37
c) Other financial intermediation 0.22 0.22 0.21 0.22
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 7.12 7.34 7.51 7.77
12. PUBLIC ADMINISTRATION AND DEFENCE 3.49 3.51 4.05 4.34
13. EDUCATION 2.56 2.60 2.82 3.05
14. HEALTH AND SOCIAL WORKS 2.10 2.09 2.11 2.11
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 12.23 12.21 11.79 11.50
GVA at current basic price 100.00 100.00 100.00 100.00
Note : p denotes provisional
45
Table 3. Sectoral Growth Rate of GDP at Current Prices, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 10.22 7.64 7.83 7.63
a) Crops & horticulture 10.40 6.97 6.50 6.99
b) Animal Farming’s 9.10 8.02 10.98 7.27
c) Forest and related services 10.80 11.39 11.38 11.93
2. FISHING 14.36 12.47 11.55 12.38
3. MINING AND QUARRYING 8.32 13.26 19.69 20.45
a) Natural gas and crude petroleum 2.55 12.65 16.52 17.35
b) Other mining & quarrying 12.31 13.65 21.68 22.30
4. MANUFACTURING 13.24 14.01 15.96 14.28
a) Large & medium scale 13.84 14.20 16.59 14.47
b) Small scale 10.75 13.19 13.31 13.44
5. ELECTRICITY, GAS AND WATER SUPPLY 12.33 7.98 19.94 7.70
a) Electricity 13.69 8.88 22.48 8.16
b) Gas 6.63 3.01 13.01 4.76
c) Water 16.42 14.48 8.14 11.39
6. CONSTRUCTION 10.19 19.43 16.47 15.99
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 11.64 11.60 11.25 10.97
8. HOTEL AND RESTAURANTS 15.73 14.52 14.27 13.54
9. TRANSPORT, STORAGE &
COMMUNICATION 8.08 11.70 12.76 10.53
a) Land Transport 7.73 12.87 14.09 11.69
b) Water transport 5.44 11.20 13.82 7.74
c) Air transport 6.54 13.73 6.53 2.59
d) Support transport services, storage 11.17 11.32 8.13 7.69
e) Post and Tele communications 10.08 5.81 6.98 6.55
10. FINANCIAL INTERMEDIATIONS 14.98 14.82 14.06 13.73
a) Monetary intermediation (Banks) 16.31 15.48 15.32 14.34
b) Insurance 9.02 10.70 6.55 7.82
c) Other financial intermediation 8.51 13.15 9.61 15.01
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 15.74 16.26 16.67 16.79
12. PUBLIC ADMINISTRATION AND DEFENCE 18.71 13.29 31.65 21.02
13. EDUCATION 15.26 14.82 23.62 21.78
14. HEALTH AND SOCIAL WORKS 12.80 11.93 15.34 12.64
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 12.67 12.68 10.12 10.05
GDP at current market price 12.07 12.81 14.32 12.88
Note : p denotes provisional
46
Table 4. Gross Domestic Product of Bangladesh at Constant Prices, 2013-14 to 2016-17(p) (Base: 2005-06)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 951,513 974,802 992,281 1,017,155
a) Crops & horticulture 689,378 701,996 708,139 720,323
b) Animal Farming’s 132,581 136,666 141,027 145,703
c) Forest and related services 129,553 136,139 143,115 151,129
2. FISHING 274,189 291,695 309,504 328,874
3. MINING AND QUARRYING 121,265 132,901 149,966 161,966
a) Natural gas and crude petroleum 72,769 79,120 88,429 91,445
b) Other mining & quarrying 48,496 53,781 61,537 70,521
4. MANUFACTURING 1,446,534 1,595,680 1,782,228 1,977,499
a) Large & medium scale 1,185,403 1,312,254 1,473,134 1,639,943
b) Small scale 261,131 283,426 309,094 337,556
5. ELECTRICITY, GAS AND WATER
SUPPLY 105,853 112,435 127,422 143,636
a) Electricity 88,538 93,934 107,268 122,557
b) Gas 10,779 11,336 12,459 12,799
c) Water 6,536 7,164 7,694 8,280
6. CONSTRUCTION 522,087 566,983 615,521 672,861
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 1,047,757 1,114,256 1,186,654 1,268,271
8. HOTEL AND RESTAURANTS 55,701 59,504 63,657 68,206
9. TRANSPORT, STORAGE &
COMMUNICATION 853,824 904,748 959,718 1,023,829
a) Land Transport 539,808 573,182 609,181 652,387
b) Water transport 60,433 62,622 64,624 67,284
c) Air transport 8,997 9,781 9,926 10,101
d) Support transport services, storage 48,407 51,005 53,653 56,979
e) Post and Tele communications 196,179 208,159 222,333 237,078
10. FINANCIAL INTERMEDIATIONS 247,902 267,192 287,873 309,967
a) Monetary intermediation (Banks) 207,117 224,700 244,596 264,729
b) Insurance 27,517 28,604 28,758 29,271
c) Other financial intermediation 13,267 13,888 14,519 15,967
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 516,147 538,880 562,968 589,873
12. PUBLIC ADMINISTRATION AND
DEFENCE 251,646 276,365 307,962 338,297
13. EDUCATION 167,809 181,250 202,480 225,784
14. HEALTH AND SOCIAL WORKS 138,021 145,174 156,124 167,837
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 729,554 753,518 778,376 806,544
GVA at constant basic price 7,429,801 7,915,384 8,482,734 9,100,598
Tax less subsidy 311,560 333,240 352,655 374,818
GDP at constant market price 7,741,361 8,248,624 8,835,389 9,475,416
Growth rate 6.06 6.55 7.11 7.24
Note : p denotes provisional
47
Table 5. Sectoral Share of GDP at Constant Prices, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 12.81 12.32 11.70 11.18
a) Crops & horticulture 9.28 8.87 8.35 7.92
b) Animal Farming’s 1.78 1.73 1.66 1.60
c) Forest and related services 1.74 1.72 1.69 1.66
2. FISHING 3.69 3.69 3.65 3.61
3. MINING AND QUARRYING 1.63 1.68 1.77 1.78
a) Natural gas and crude petroleum 0.98 1.00 1.04 1.00
b) Other mining & quarrying 0.65 0.68 0.73 0.77
4. MANUFACTURING 19.47 20.16 21.01 21.73
a) Large & medium scale 15.95 16.58 17.37 18.02
b) Small scale 3.51 3.58 3.64 3.71
5. ELECTRICITY, GAS AND WATER
SUPPLY 1.42 1.42 1.50 1.58
a) Electricity 1.19 1.19 1.26 1.35
b) Gas 0.15 0.14 0.15 0.14
c) Water 0.09 0.09 0.09 0.09
6. CONSTRUCTION 7.03 7.16 7.26 7.39
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 14.10 14.08 13.99 13.94
8. HOTEL AND RESTAURANTS 0.75 0.75 0.75 0.75
9. TRANSPORT, STORAGE &
COMMUNICATION 11.49 11.43 11.31 11.25
a) Land Transport 7.27 7.24 7.18 7.17
b) Water transport 0.81 0.79 0.76 0.74
c) Air transport 0.12 0.12 0.12 0.11
d) Support transport services, storage 0.65 0.64 0.63 0.63
e) Post and Tele communications 2.64 2.63 2.62 2.61
10. FINANCIAL INTERMEDIATIONS 3.34 3.38 3.39 3.41
a) Monetary intermediation (Banks) 2.79 2.84 2.88 2.91
b) Insurance 0.37 0.36 0.34 0.32
c) Other financial intermediation 0.18 0.18 0.17 0.18
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 6.95 6.81 6.64 6.48
12. PUBLIC ADMINISTRATION AND
DEFENCE 3.39 3.49 3.63 3.72
13. EDUCATION 2.26 2.29 2.39 2.48
14. HEALTH AND SOCIAL WORKS 1.86 1.83 1.84 1.84
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 9.82 9.52 9.18 8.86
GVA at constant basic price 100.00 100.00 100.00 100.00
Note : p denotes provisional
48
Table 6. Sectoral Growth Rate of GDP at Constant Prices, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 3.81 2.45 1.79 2.51
a) Crops & horticulture 3.78 1.83 0.88 1.72
b) Animal Farming’s 2.83 3.08 3.19 3.32
c) Forest and related services 5.01 5.08 5.12 5.60
2. FISHING 6.36 6.38 6.11 6.26
3. MINING AND QUARRYING 4.68 9.60 12.84 8.00
a) Natural gas and crude petroleum 2.47 8.73 11.77 3.41
b) Other mining & quarrying 8.20 10.90 14.42 14.60
4. MANUFACTURING 8.77 10.31 11.69 10.96
a) Large & medium scale 9.32 10.70 12.26 11.32
b) Small scale 6.33 8.54 9.06 9.21
5. ELECTRICITY, GAS AND WATER
SUPPLY 4.54 6.22 13.33 12.72
a) Electricity 4.45 6.09 14.20 14.25
b) Gas 1.69 5.16 9.91 2.73
c) Water 10.93 9.62 7.40 7.61
6. CONSTRUCTION 8.08 8.60 8.56 9.32
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 6.73 6.35 6.50 6.88
8. HOTEL AND RESTAURANTS 6.70 6.83 6.98 7.14
9. TRANSPORT, STORAGE &
COMMUNICATION 6.05 5.96 6.08 6.68
a) Land Transport 5.56 6.18 6.28 7.09
b) Water transport 3.15 3.62 3.20 4.12
c) Air transport 0.61 8.71 1.48 1.76
d) Support transport services, storage 2.59 5.37 5.19 6.20
e) Post and Tele communications 9.56 6.11 6.81 6.63
10. FINANCIAL INTERMEDIATIONS 7.27 7.78 7.74 7.67
a) Monetary intermediation (Banks) 8.33 8.49 8.85 8.23
b) Insurance 1.55 3.95 0.54 1.78
c) Other financial intermediation 3.63 4.68 4.54 9.97
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 4.25 4.40 4.47 4.78
12. PUBLIC ADMINISTRATION AND
DEFENCE 6.89 9.82 11.43 9.85
13. EDUCATION 7.26 8.01 11.71 11.51
14. HEALTH AND SOCIAL WORKS 5.06 5.18 7.54 7.50
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 3.27 3.28 3.30 3.62
GDP at constant market price 6.06 6.55 7.11 7.24
Note : p denotes provisional
49
Table 7. Implicit GDP and Sectoral Deflators, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 172.32 181.06 191.79 201.38
a) Crops & horticulture 171.03 179.66 189.68 199.50
b) Animal Farming’s 208.68 218.67 235.17 244.17
c) Forest and related services 142.01 150.54 159.50 169.06
2. FISHING 154.30 163.12 171.49 181.36
3. MINING AND QUARRYING 173.83 179.65 190.56 212.52
a) Natural gas and crude petroleum 112.08 116.12 121.07 137.39
b) Other mining & quarrying 266.50 273.11 290.42 309.94
4. MANUFACTURING 154.31 159.48 165.59 170.55
a) Large & medium scale 152.17 156.98 163.03 167.64
b) Small scale 164.05 171.09 177.77 184.66
5. ELECTRICITY, GAS AND WATER
SUPPLY 173.83 176.71 187.01 178.67
a) Electricity 156.24 160.34 171.97 162.79
b) Gas 341.02 334.03 343.46 350.26
c) Water 136.36 142.41 143.39 148.43
6. CONSTRUCTION 173.98 191.34 205.28 217.81
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 164.71 172.84 180.56 187.46
8. HOTEL AND RESTAURANTS 234.03 250.87 267.97 283.97
9. TRANSPORT, STORAGE &
COMMUNICATION 157.31 165.82 176.27 182.63
a) Land Transport 183.97 195.57 209.95 218.96
b) Water transport 133.44 143.20 157.94 163.43
c) Air transport 124.00 129.72 136.17 137.28
d) Support transport services, storage 137.82 145.61 149.68 151.77
e) Post and Tele communications 97.64 97.36 97.52 97.45
10. FINANCIAL INTERMEDIATIONS 195.90 208.69 220.94 233.36
a) Monetary intermediation (Banks) 195.01 207.58 219.91 232.33
b) Insurance 194.92 207.58 219.99 233.04
c) Other financial intermediation 211.80 228.95 240.04 251.03
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 176.75 196.82 219.80 244.99
12. PUBLIC ADMINISTRATION AND
DEFENCE 177.74 183.36 216.62 238.65
13. EDUCATION 195.27 207.58 229.71 250.87
4. HEALTH AND SOCIAL WORKS 195.07 207.58 222.63 233.27
15.
COMMUNITY, SOCIAL AND PERSONAL
SERVICES 214.59 234.10 249.56 265.05
GDP Deflator 173.57 183.76 196.13 206.43
Note : p denotes provisional
50
Table 8. Per capita GDP, GNI and NNI at Current Prices, 2013-14 to 2016-17(p)
2013-14 2014-15 2015-16 2016-17(p)
GDP (Mill. Tk.) 13,436,744 15,158,022 17,328,637 19,560,557
GNI (Mill. Tk.) 14,332,238 16,142,043 18,326,749 20,380,406
NNI (Mill. Tk.) 13,167,213 14,827,753 16,825,587 18,684,935
Population (Mill. No.) 155.8 157.9 159.9 161.8
Per capita GDP (In Tk.) 86,266 96,004 108,378 120,931
Per capita GNI (In Tk.) 92,015 102,236 114,621 125,999
Per capita NNI (In Tk.) 84,535 93,912 105,232 115,517
Exchange rate (Taka per US$) 77.72 77.67 78.27 78.63
Per capita GDP (In US $) 1,110 1,236 1,385 1,538
Per capita GNI (In US $) 1,184 1,316 1,465 1,602
Per capita NNI (In US $) 1,088 1,209 1,345 1,469
Note : p denotes provisional
Table 9. Per Capita Real GDP, GNI and NNI, 2013-14 to 2016-17(p)
2013-14 2014-15 2015-16 2016-17(p)
GDP (Mill. Tk.) 7,741,361 8,248,624 8,835,389 9,475,416
GNI (Mill. Tk.) 8,257,285 8,784,104 9,344,299 9,872,562
NNI (Mill. Tk.) 7,581,308 8,064,160 8,571,284 9,042,837
Population (Mill. No.) 155.8 157.9 159.9 161.8
Per capita GDP (In Tk.) 49,701 52,243 55,259 58,581
Per capita GNI (In Tk.) 53,013 55,634 58,442 61,036
Per capita NNI (In Tk.) 48,673 51,075 53,607 55,906
Note : p denotes provisional
51
Table 10. Gross Domestic Product of Bangladesh at Current Prices by Major Economic
Activity, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 1,639,682 1,764,997 1,903,146 2,048,303
2. FISHING 423,076 475,813 530,756 596,457
3. MINING AND QUARRYING 210,799 238,757 285,777 344,207
4. MANUFACTURING 2,232,207 2,544,831 2,951,110 3,372,613
5. ELECTRICITY, GAS AND WATER SUPPLY 184,006 198,682 238,291 256,628
6. CONSTRUCTION 908,336 1,084,839 1,263,532 1,465,576
7. WHOLESALE AND RETAIL TRADE; REPAIR
OF MOTOR VEHICLES, MOTORCYCLES
AND PERSONAL AND HOUSEHOLD GOODS 1,725,752 1,925,854 2,142,574 2,377,558
8. HOTEL AND RESTAURANTS 130,353 149,279 170,583 193,686
9. TRANSPORT, STORAGE &
COMMUNICATION 1,343,166 1,500,253 1,691,650 1,869,771
10. FINANCIAL INTERMEDIATIONS 485,632 557,610 636,013 723,343
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 912,291 1,060,609 1,237,395 1,445,127
12. PUBLIC ADMINISTRATION AND DEFENCE 447,278 506,741 667,111 807,350
13. EDUCATION 327,673 376,240 465,124 566,412
14. HEALTH AND SOCIAL WORKS 269,238 301,352 347,578 391,513
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 1,565,516 1,764,017 1,942,478 2,137,725
GVA at current basic price 12,805,005 14,449,873 16,473,116 18,596,269
Tax less subsidy 631,739 708,149 855,521 964,288
GDP at current market price 13,436,744 15,158,022 17,328,637 19,560,557
Net primary income from abroad 895,494 984,021 998,112 819,849
GNI at current market price 14,332,238 16,142,043 18,326,749 20,380,406
Consumption of fixed capital 1,165,025 1,314,290 1,501,162 1,695,471
NNI at current market price 13,167,213 14,827,753 16,825,587 18,684,935
Population (In Million) 155.8 157.9 159.9 161.8
Per capita GDP at current market price 86,266 96,004 108,378 120,931
Per capita GNI at current market price 92,015 102,236 114,621 125,999
Per capita NNI at current market price 84,535 93,912 105,232 115,517
Note : p denotes provisional
52
Table 11. Gross Domestic Product of Bangladesh at Current Prices by Broad Industry
Sector, 2013-14 to 2016-17(p)
Broad industry sector 2013-14 2014-15 2015-16 2016-17(p)
GDP
1. AGRICULTURE 2,062,758 2,240,810 2,433,902 2,644,760
2. INDUSTRY 3,535,349 4,067,108 4,738,710 5,439,024
3. SERVICES 7,206,899 8,141,955 9,300,505 10,512,485
GVA Current basic price 12,805,005 14,449,873 16,473,116 18,596,269
1. AGRICULTURE 16.11 15.51 14.77 14.22
2. INDUSTRY 27.61 28.15 28.77 29.25
3. SERVICES 56.28 56.35 56.46 56.53
GVA Current basic price 100.00 100.00 100.00 100.00
1. AGRICULTURE 11.05 8.63 8.62 8.66
2. INDUSTRY 12.09 15.04 16.51 14.78
3. SERVICES 12.59 12.97 14.23 13.03
GVA Current basic price 12.20 12.85 14.00 12.89
Note : p denotes provisional
Table 12. Sectoral Share of GDP at Current Prices by Major Economic Activity, 2013-14 to
2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. Agriculture and forestry 12.81 12.21 11.55 11.01
2. Fishing 3.30 3.29 3.22 3.21
3. Mining and quarrying 1.65 1.65 1.73 1.85
4. Manufacturing 17.43 17.61 17.91 18.14
5. Electricity, gas and water supply 1.44 1.37 1.45 1.38
6. Construction 7.09 7.51 7.67 7.88
7. Wholesale and retail trade; repair of motor
vehicles, motorcycles and personal and
household goods 13.48 13.33 13.01 12.79
8. Hotel and restaurants 1.02 1.03 1.04 1.04
9. Transport, storage & communication 10.49 10.38 10.27 10.05
10. Financial intermediations 3.79 3.86 3.86 3.89
11. Real estate, renting and business activities 7.12 7.34 7.51 7.77
12. Public administration and defence 3.49 3.51 4.05 4.34
13. Education 2.56 2.60 2.82 3.05
14. Health and social works 2.10 2.09 2.11 2.11
15. Community, social and personal services 12.23 12.21 11.79 11.50
GVA at current basic price 100.00 100.00 100.00 100.00
Note : p denotes provisional
53
Table 13. Sectoral Growth Rate of GDP at Current Prices by Major Economic Sector,
2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. Agriculture and forestry 10.22 7.64 7.83 7.63
2. Fishing 14.36 12.47 11.55 12.38
3. Mining and quarrying 8.32 13.26 19.69 20.45
4. Manufacturing 13.24 14.01 15.96 14.28
5. Electricity, gas and water supply 12.33 7.98 19.94 7.70
6. Construction 10.19 19.43 16.47 15.99
7. Wholesale and retail trade; repair of motor
vehicles, motorcycles and personal and household
goods 11.64 11.60 11.25 10.97
8. Hotel and restaurants 15.73 14.52 14.27 13.54
9. Transport, storage & communication 8.08 11.70 12.76 10.53
10. Financial intermediations 14.98 14.82 14.06 13.73
11. Real estate, renting and business activities 15.74 16.26 16.67 16.79
12. Public administration and defence 18.71 13.29 31.65 21.02
13. Education 15.26 14.82 23.62 21.78
14. Health and social works 12.80 11.93 15.34 12.64
15. Community, social and personal services 12.67 12.68 10.12 10.05
GVA at current basic price 12.20 12.85 14.00 12.89
Note : p denotes provisional
54
Table 14. Gross Domestic Product of Bangladesh at Constant Prices by Major Economic
Sector, 2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. AGRICULTURE AND FORESTRY 951,513 974,802 992,281 1,017,155
2. FISHING 274,189 291,695 309,504 328,874
3. MINING AND QUARRYING 121,265 132,901 149,966 161,966
4. MANUFACTURING 1,446,534 1,595,680 1,782,228 1,977,499
5. ELECTRICITY, GAS AND WATER SUPPLY 105,853 112,435 127,422 143,636
6. CONSTRUCTION 522,087 566,983 615,521 672,861
7. WHOLESALE AND RETAIL TRADE;
REPAIR OF MOTOR VEHICLES,
MOTORCYCLES AND PERSONAL AND
HOUSEHOLD GOODS 1,047,757 1,114,256 1,186,654 1,268,271
8. HOTEL AND RESTAURANTS 55,701 59,504 63,657 68,206
9. TRANSPORT, STORAGE &
COMMUNICATION 853,824 904,748 959,718 1,023,829
10. FINANCIAL INTERMEDIATIONS 247,902 267,192 287,873 309,967
11. REAL ESTATE, RENTING AND BUSINESS
ACTIVITIES 516,147 538,880 562,968 589,873
12. PUBLIC ADMINISTRATION AND DEFENCE 251,646 276,365 307,962 338,297
13. EDUCATION 167,809 181,250 202,480 225,784
14. HEALTH AND SOCIAL WORKS 138,021 145,174 156,124 167,837
15. COMMUNITY, SOCIAL AND PERSONAL
SERVICES 729,554 753,518 778,376 806,544
GVA at constant basic price 7,429,801 7,915,384 8,482,734 9,100,598
Tax less subsidy 311,560 333,240 352,655 374,818
GDP at constant market price 7,741,361 8,248,624 8,835,389 9,475,416
Net primary income from abroad 515,924 535,480 508,909 397,147
GNI at constant market price 8,257,285 8,784,104 9,344,299 9,872,562
Consumption of fixed capital 675,978 719,945 773,015 829,725
NNI at constant market price 7,581,308 8,064,160 8,571,284 9,042,837
Population (In Million) 155.8 157.9 159.9 161.8
Per capita GDP at constant market price 49,701 52,243 55,259 58,581
Per capita GNI at constant market price 53,013 55,634 58,442 61,036
Per capita NNI at constant market price 48,673 51,075 53,607 55,906
Note : p denotes provisional
55
Table 15. Gross Domestic Product of Bangladesh at Constant Prices by Broad Industry
Sector, 2013-14 to 2016-17(p)
Broad industry sector 2013-14 2014-15 2015-16 2016-17(p)
GDP
1. AGRICULTURE 1,225,702 1,266,498 1,301,786 1,346,029
2. INDUSTRY 2,195,739 2,407,999 2,675,137 2,955,962
3. SERVICES 4,008,360 4,240,887 4,505,812 4,798,607
GVA at constant basic price 7,429,801 7,915,384 8,482,734 9,100,598
1. AGRICULTURE 16.50 16.00 15.35 14.79
2. INDUSTRY 29.55 30.42 31.54 32.48
3. SERVICES 53.95 53.58 53.12 52.73
GVA at constant basic price 100.00 100.00 100.00 100.00
1. AGRICULTURE 4.37 3.33 2.79 3.40
2. INDUSTRY 8.16 9.67 11.09 10.50
3. SERVICES 5.62 5.80 6.25 6.50
GVA at constant basic price 6.15 6.54 7.17 7.28
Note : p denotes provisional
Table 16. Sectoral Share of GDP at Constant Prices by Major Economic Sector, 2013-14 to
2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. Agriculture and forestry 12.81 12.32 11.70 11.18
2. Fishing 3.69 3.69 3.65 3.61
3. Mining and quarrying 1.63 1.68 1.77 1.78
4. Manufacturing 19.47 20.16 21.01 21.73
5. Electricity, gas and water supply 1.42 1.42 1.50 1.58
6. Construction 7.03 7.16 7.26 7.39
7. Wholesale and retail trade; repair of motor
vehicles, motorcycles and personal and household
goods 14.10 14.08 13.99 13.94
8. Hotel and restaurants 0.75 0.75 0.75 0.75
9. Transport, storage & communication 11.49 11.43 11.31 11.25
10. Financial intermediations 3.34 3.38 3.39 3.41
11. Real estate, renting and business activities 6.95 6.81 6.64 6.48
12. Public administration and defense 3.39 3.49 3.63 3.72
13. Education 2.26 2.29 2.39 2.48
14. Health and social works 1.86 1.83 1.84 1.84
15. Community, social and personal services 9.82 9.52 9.18 8.86
GVA at constant basic price 100.00 100.00 100.00 100.00
Note : p denotes provisional
56
Table 17. Sectoral Growth Rate of GDP at Constant Prices by Major Economic Sector,
2013-14 to 2016-17(p)
Industrial origin sector 2013-14 2014-15 2015-16 2016-17(p)
1. Agriculture and forestry 3.81 2.45 1.79 2.51
2. Fishing 6.36 6.38 6.11 6.26
3. Mining and quarrying 4.68 9.60 12.84 8.00
4. Manufacturing 8.77 10.31 11.69 10.96
5. Electricity, gas and water supply 4.54 6.22 13.33 12.72
6. Construction 8.08 8.60 8.56 9.32
7. Wholesale and retail trade; repair of motor
vehicles, motorcycles and personal and
household goods 6.73 6.35 6.50 6.88
8. Hotel and restaurants 6.70 6.83 6.98 7.14
9. Transport, storage & communication 6.05 5.96 6.08 6.68
10. Financial intermediations 7.27 7.78 7.74 7.67
11. Real estate, renting and business activities 4.25 4.40 4.47 4.78
12. Public administration and defense 6.89 9.82 11.43 9.85
13. Education 7.26 8.01 11.71 11.51
14. Health and social works 5.06 5.18 7.54 7.50
15. Community, social and personal services 3.27 3.28 3.30 3.62
GDP at constant basic price 6.15 6.54 7.17 7.28
Note : p denotes provisional
57
Table 18: Gross Domestic Product by Expenditure Categories at Current Prices,
2013-14 to 2016-17(p) (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
Domestic demand (1)+(2) 14308511 16,177,888 18,138,721 20,384,593
Consumption (1) 10,468,575 11,799,237 13,000,335 14,463,851
Private 9751386 10,980,061 11,979,247 13,213,109
General Govt. 717,189 819,176 1,021,088 1,250,742
Investment (2) 3,839,936 4378650.9 5138386.1 5920742
Private 2960024 3,344,722 3,983,470 4,500,725
Public 879912 1,033,929 1,154,916 1,420,017
Resource balance (3)-(4) -878,059 -1,123,611 -806,625 -1,026,021
Exports (3) 2551592 2,627,897 2,885,169 3,026,831
Imports (4) 3429651 3,751,508 3,691,794 4,052,851
Gross Domestic Exp. at market price (m..p) 13,430,452 15,054,277 17,332,096 19,358,572
Gross Domestic Product at m.p.(5) 13,436,744 15,158,022 17,328,637 19,560,557
Statistical Discrepancy (6) 6,292 103,745 -3,459 201,985
Net Factor Income from Abroad (7) 895494 984,021 998,112 819,849
Gross National Income at m.p. (8)=(5)+(7) 14,332,238 16,142,043 18,326,749 20,380,406
Net Current Transfers from Abroad (9) 63342 56,001 5,828 9,438
Gross Disposible National Income
(10)=(8)+(9) 14,395,580 16,198,044 18,332,577 20,389,845
Gross Domestic saving (11)=(5)-(1) 2,968,169 3,358,785 4,328,302 5,096,706
Gross National saving (12)=(10)-(1) 3,927,005 4,398,807 5,332,242 5,925,994
Current Account Balance (13)=(12)-(2)-(6) 80,777 -83,589 197,315 -196,733
Memo items: (% of GDP)
Consumption 77.91 77.84 75.02 73.94
Private 72.57 72.44 69.13 67.55
General Govt. 5.34 5.40 5.89 6.39
Investment 28.58 28.89 29.65 30.27
Private 22.03 22.07 22.99 23.01
Public 6.55 6.82 6.66 7.26
Exports of Goods & Services 18.99 17.34 16.65 15.47
Imports of Goods & Services 25.52 24.75 21.30 20.72
Gross Domestic Saving 22.09 22.16 24.98 26.06
Gross National Saving 29.23 29.02 30.77 30.30
Note: p denotes provisional.
58
Table 19: Gross Domestic Product by Expenditure Categories at Constant Prices,
2013-14 to 2016-17(p) (Million Tk)
2013-14 2014-15 2015-16 2016-17(p)
Domestic demand (1)+(2) 7,933,480 8,438,208 8,868,203 9,404,023
Consumption (1) 5,507,931 5,839,989 6,038,499 6,324,970
Private 5,110,768 5,408,068 5,570,432 5,832,166
General Govt. 397,163 431,921 468,066 492,804
Investment (2) 2,425,549 2,598,219 2,829,704 3,079,053
Private 1,873,379 1,986,084 2,189,871 2,308,348
Public 552,170 612,135 639,833 770,705
Resource balance (3)-(4) -228,952 -325,733 -168,804 -243,575
Exports (3) 1,482,726 1,440,765 1,472,415 1,463,904
Imports (4) 1,711,678 1,766,498 1,641,220 1,707,478
Gross Domestic Exp. at market price(m.p.) 7704528 8112474.4 8699398.3 9160448.4
Gross Domestic Product at m.p. (5) 7741361 8248624 8835389 9475416
Statistical Discrepancy(6) 36,833 136,150 135,991 314,968
Net Factor Income from Abroad(7) 515,924 535,480 508,909 397,147
Gross National Income at m.p. (8)=(5)+(7) 8,257,285 8,784,104 9,344,298 9,872,563
Net Current Transfers from Abroad (9) 36,493 30,474 2,972 4,572
Gross Disposible National Income (10)=(8)+(9) 8,293,779 8,814,578 9,347,270 9,877,135
GDP Deflator 173.57 183.76 196.13 206.43
(Implicit Deflators : base=2005-06)
Final Consumption Expenditure
Consumer Prices Index 190.80 203.03 215.05 226.56
Special Government Employees Index 180.58 189.66 218.15 253.80
Gross Capital Formation
Other Construction (Kutcha) 165.86 176.47 189.41 193.46
Wage Rate Index (Agriculture) 205.54 218.55 234.48 249.58
Construction Materiel Price Index
(Building Materiel Price Index) 179.13 190.97 205.01 218.27
Planted Machinery 119.76 120.61 129.72 132.76
Transport Equipment 149.53 150.59 162.41 165.35
Other Capital Goods 143.96
Unit Price Index
Export 172.09 182.40 195.95 206.76
Import 200.37 212.37 224.94 237.36
Annual percentage change
Final Consumption Expenditure : 4.28 6.03 3.40 4.74
Household Final Consumption Expenditure 4.01 5.82 3.00 4.70
General Govt. Final Consumption Expenditure 7.89 8.75 8.37 5.29
Gross Capital Formation 9.86 7.12 8.91 8.81
Exports of Goods and Services 3.20 -2.83 2.20 -0.58
Imports of Goods and Services 1.17 3.20 -7.09 4.04
Note: p denotes provisional.
59
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
A. Household Consumption
1.01.00.0 Food and non-alcoholic
beverages 29 5,056,238 5,687,635 6,208,548 6,847,393
1.01.10.0 Food 27 5,035,423 5,664,199 6,182,934 6,819,090
1.01.11.0 Bread and cereals 5 2,245,477 2,526,452 2,758,262 3,042,038
1.01.11.1 Rice 1,960,096 2,205,627 2,407,805 2,655,160
1.01.11.2 Other cereals, flour and other
cereal products 152,223 171,395 187,163 206,502
1.01.11.3 Bread 10,263 11,559 12,661 13,987
1.01.11.4 Other bakery products 41,164 46,852 50,881 56,149
1.01.11.5 Pasta products 81,731 91,020 99,752 110,241
1.01.12.0 Meat 5 322,871 361,685 396,759 438,032
1.01.12.1 Beef and veal 189,543 212,581 233,635 257,658
1.01.12.2 Pork - - - -
1.01.12.3 Lamb, mutton and goat 17,651 19,372 21,163 23,818
1.01.12.4 Poultry 108,201 121,311 132,757 146,399
1.01.12.5 Other meats and meat preparations 7,476 8,420 9,204 10,157
1.01.13.0 Fish and seafood 2 647,790 728,523 790,894 872,149
1.01.13.1 Fresh, chilled or frozen fish and
seafood 619,431 696,095 755,864 833,553
1.01.13.2 Preserved or processed fish and
seafood 28,359 32,429 35,031 38,596
1.01.14.0 Milk, cheese and eggs 4 269,530 302,287 330,952 364,663
1.01.14.1 Fresh milk 147,623 165,202 181,029 199,539
1.01.14.2 Preserved milk and other milk
products 46,977 52,711 57,741 63,568
1.01.14.3 Cheese 3,247 3,658 4,013 4,416
1.01.14.4 Eggs and egg-based products 71,683 80,715 88,168 97,140
1.01.15.0 Oils and fats 2 186,739 210,276 229,579 253,498
1.01.15.1 Butter and margarine 1,619 1,823 1,996 2,203
1.01.15.2 Other edible oil and fats 185,120 208,453 227,583 251,295
1.01.16.0 Fruits 2 147,516 166,462 182,627 200,984
1.01.16.1 Fresh or chilled fruit 147,453 165,391 180,186 200,598
1.01.16.2 Frozen , preserved or processed
fruit and fruit-based products 63 70 77 85
1.01.17.0 Vegetables 3 533,478 600,617 655,497 722,998
Contd.
60
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
1.01.17.1 Fresh or chilled vegetables other
than potatoes 325,903 366,922 400,457 441,990
1.01.17.2 Fresh or chilled potatoes 143,059 161,064 175,784 193,659
1.01.17.3 Frozen, preserved or processed
vegetables and vegetable-based
products 64,516 72,631 79,256 87,349
1.01.18.0 Sugar, jam ,honey, chocolate and
confectionery 3 70,958 79,885 87,291 96,350
1.01.18.1 Sugar 45,121 50,795 55,430 61,231
1.01.18.2 Jam, marmalades and honey 19,663 22,137 24,233 26,729
1.01.18.3 Chocolate, confectionery and ice
cream 6,175 6,952 7,627 8,389
1.01.19.0 Food products i.e. 1 611,064 688,013 751,074 828,379
1.01.20.0 Non-alcoholic beverage 2 20,815 23,436 25,614 28,303
1.01.21.0 Coffee, tea and cocoa 16,545 18,627 20,352 22,453
1.01.22.0 Mineral water, soft drinks, fruit
and vegetable juices 4,270 4,808 5,262 5,849
1.02.00.0 Alcoholic beverage, tobacco and
narcotics 5 200,039 222,448 241,201 263,781
1.02.10.0 Alcoholic beverages 3 - - - -
1.02.11.0 Spirits - - - -
1.02.12.0 Wine - - - -
1.02.13.0 Beer - - - -
1.02.20.0 Tobacco 1 109,356 121,140 131,597 144,454
1.02.30.0 Narcotics 1 90,683 101,308 109,604 119,327
1.03.00.0 Clothing and footwear 5 593,597 668,484 727,726 803,367
1.03.10.0 Clothing 3 529,313 596,096 648,725 716,316
1.03.11.0 Clothing materials, other articles
of clothing and clothing
accessories 41,209 46,532 50,523 55,898
1.03.12.0 Garments 485,174 546,265 594,607 656,444
1.03.14.0 Cleaning, repair and hire of
clothing 2,929 3,298 3,595 3,974
1.03.20.0 Footwear 2 64,285 72,388 79,001 87,051
1.03.21.0 Shoes and other footwear 63,692 72,221 78,455 86,426
1.03.22.0 Repair and hire of footwear 592 667 727 802
1.04.00.0 Housing, water, electricity, gas
and other fuels 7 1,606,272 1,808,212 1,971,074 2,175,620
1.04.10.0 Actual and imputed rentals for
housing 1 808,012 908,782 989,086 1,092,224
Contd
61
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
1.04.30.0 Maintenance and repair of the
dwelling 1 166,873 187,880 205,290 226,220
1.04.40.0 Water supply and miscellaneous
services relating to the dwelling 2 11,851 13,541 14,754 16,378
1.04.41.0 Water supply 8,476 9,741 10,598 11,791
1.04.42.0 Miscellaneous services relating to
the dwelling 3,375 3,800 4,157 4,587
1.04.50.0 Electricity, gas and other fuels 3 619,536 698,009 761,944 840,798
1.04.51.0 Electricity 108,491 122,574 133,713 147,615
1.04.52.0 Gas 31,859 35,966 39,257 43,383
1.04.53.0 Other fuels 479,186 539,469 588,975 649,799
1.05.00.0 Furnishings, household
equipment and routine
household maintenance 13 319,265 360,200 392,153 432,227
1.05.10.0 Furniture and furnishings, carpets
and other floor coverings 3 68,799 77,936 84,496 93,068
1.05.11.0 Furniture and furnishings 66,425 75,265 81,577 89,850
1.05.12.0 Carpets and other floor coverings 511 575 627 691
1.05.13.0 Repair of furniture, furnishings
and floor coverings 1,862 2,096 2,292 2,528
1.05.20.0 Household textiles 1 49,071 55,448 60,304 66,505
1.05.30.0 Household appliances 3 6,108 6,978 7,607 8,337
1.05.31.0 Major household appliances
whether electricity or not 4,166 4,793 5,223 5,709
1.05.32.0 Small electricity household
appliances 1,434 1,613 1,762 1,943
1.05.33.0 Repair of household appliances 508 572 623 685
1.05.40.0 Glassware, tableware and
household utensils 1 18,256 20,555 22,476 24,784
1.05.50.0 Tools and equipment for house and
garden 2 1,033 1,163 1,267 1,398
1.05.51.0 Major tools and equipment 306 345 376 414
1.05.52.0 Small tools and miscellaneous
accessories 724 817 889 985
1.05.60.0 Goods and services for routine
household maintenance 3 175,999 198,120 216,003 238,133
1.05.61.0 Non-durable household goods 95,581 107,625 117,486 129,513
1.05.62.0 Domestic services and household
services 80,418 90,496 98,518 108,620
1.05.62.1 Domestic services 80,062 90,333 98,290 108,296
1.05.62.2 Household services 56 63 68 75
Contd.
62
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
1.06.00.0 Health 7 260,166 294,846 320,430 353,982
1.06.10.0 Medical products, appliances and
equipment 3 187,226 211,266 229,982 253,400
1.06.11.0 Pharmaceutical products 182,854 206,344 224,620 247,444
1.06.12.0 Other medical products 3,646 4,104 4,469 4,969
1.06.13.0 Therapeutic appliances and
equipment 726 818 893 988
1.06.20.0 Out-patient services 3 50,163 56,945 62,156 69,020
1.06.21.0 Medical services 33,745 38,469 42,043 46,738
1.06.22.0 Dental services 766 861 936 1,038
1.06.23.0 Paramedical services 15,652 17,614 19,176 21,244
1.06.30.0 Hospital services 1 22,776 26,635 28,292 31,562
1.07.00.0 Transport 13 408,322 463,007 505,172 557,496
1.07.10.0 Purchase of vehicles 4 70,118 78,859 85,795 94,460
1.07.11.0 Motor cars 27,969 31,700 34,676 38,139
1.07.12.0 Motor cycles 11,508 12,861 14,141 15,579
1.07.13.0 Bicycles 18,846 21,122 22,843 25,165
1.07.14.0 Animal drawn vehicles 11,796 13,177 14,135 15,576
1.07.20.0 Operation of personal transport
equipment 3 57,747 65,496 71,609 79,077
1.07.22.0 Fuels and lubricants for personal
transport equipment 22,262 25,189 27,644 30,426
1.07.23.0 Maintenance and repair of personal
transport equipment 21,316 24,192 26,411 29,247
1.07.24.0 Other services in respect of
personal transport equipment 14,169 16,114 17,554 19,404
1.07.30.0 Transport services 6 280,457 318,652 347,768 383,960
1.07.31.0 Passenger transport by railway 2,904 3,311 3,607 4,026
1.07.32.0 Passenger transport by road 219,974 249,580 272,470 300,915
1.07.33.0 Passenger transport by air 1,618 1,869 2,024 2,243
1.07.34.0 Passenger transport by sea and
inland waterway 16,820 19,833 21,653 23,845
1.07.35.0 Combined passenger transport - - - -
1.07.36.0 Other purchased transport services 39,141 44,059 48,013 52,930
1.08.00.0 Communication 3 46,558 53,705 58,083 64,331
1.08.10.0 Postal services 5,678 6,629 7,118 7,841
1.08.20.0 Telephone and telefax equipment 4,744 5,418 5,868 6,599
Contd.
63
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
1.08.20.0 Telephone and telefax services 36,136 41,657 45,096 49,891
1.09.00.0 Recreation and culture 13 66,096 74,839 81,351 89,632
1.09.10.0 Audio-visual, photographic and
information processing equipment 3 54,003 61,224 66,529 73,298
1.09.11.0 Audio-visual, photographic and
information processing equipment 29,050 33,096 35,928 39,584
1.09.14.0 Recording media 20,028 22,547 24,533 27,027
1.09.15.0 Repair of audio-visual,
photographic and information
processing equipment 4,925 5,582 6,068 6,688
1.09.20.0 Other major durables for recreation
and culture 2 147 166 181 200
1.09.21.0 Major durable for outdoor and
indoor recreation 72 81 88 97
1.09.23.0 Maintenance and repair of other
major durables for recreation and
culture 76 85 93 102
1.09.30.0 Other recreational items and
equipment, gardens and pets 3 630 710 774 853
1.09.31.0 Other recreational items and
equipment’s 569 640 698 770
1.09.33.0 Gardens and pets 61 69 76 83
1.09.35.0 Veterinary and other services for
pets - - - -
1.09.40.0 Recreation and cultural services 3 7,087 7,976 8,688 9,567
1.09.41.0 Recreational and sporting services 3,723 4,191 4,569 5,029
1.09.42.0 Cultural services 3,364 3,785 4,119 4,538
1.09.43.0 Games of chance - - - -
1.09.50.0 Newspapers, books and stationery 1 3,887 4,380 4,760 5,252
1.09.60.0 Package holidays 1 341 384 419 462
1.10.00.0 Education 1 417,251 471,447 518,547 572,610
1.11.00.0 Restaurants and hotels 2 227,834 256,664 279,278 308,229
1.11.10.0 Catering services 184,201 207,160 225,355 248,642
1.11.20.0 Accommodation services 43,633 49,503 53,922 59,587
1.12.00.0 Miscellaneous goods and services 10 370,266 417,915 454,858 501,268
1.12.10.0 Personal care 2 142,216 160,480 174,652 192,470
1.12.11.0 Hairdressing salon and personal
grooming establishments 24,450 27,680 30,060 33,082
1.12.12 Appliances, articles and products
for personal care 117,766 132,799 144,592 159,388
1.12.20.0 Prostitution 1 - - -
Contd.
64
Table 20. Final consumption expenditure by basic heading at current prices
ICP
codes Main Aggregates categories Basic
headings
Consumption expenditure (Million Tk.)
2013-14 2014-15 2015-16 2016-17(p)
1.12.30.0 Personal effects n.e.c 2 168,621 190,083 206,973 228,074
1.12.31.0 Jewellery, clock and watch 168,125 189,524 206,364 227,403
1.12.32.0 Other personal effects 496 559 609 671
1.12.40.0 Social protection 1 - - - -
1.12.50.0 Insurance 1 7,890 8,957 9,728 10,729
1.12.60.0 Financial services n.e.c 2 - - - -
1.12.61.0 FISIM - - - -
1.12.62.0 Other financial services i.e. - - - -
1.12.70.0 Other services i.e. 1 51,540 58,395 63,505 69,995
1.13.00.0 Net purchases abroad 2 - - - -
1.13.11.1 Purchases by residential
households in the rest of the world - - - -
1.13.11.2 Purchases by non-residential
households in the economic
territory of the country - - - -
Total 110 9,571,905 10,779,402 11,758,421 12,969,936
B. NPISHs Consumption -
2.00.00.0 Individual consumption
expenditure by NPISHs 1 179,481 200,659 220825 243173
C. Government Consumption 717,189 819,176 1,021,088 1,250,742
3.00.00.0 Individual consumption
expenditure by Government 21 206,189 235,510 296,626 363,340
4.00.00.0 Collective consumption
expenditure by Government 5 511,000 583,666 724462 887401
D. Expenditure on Capital
Formation
5.00.00.0 Gross fixed capital formation 12 3,839,936 4,378,651 5,138,386 5,920,742
6.00.00.0 Changes in inventories and
acquisition less disposals of
valuables 4
E. Balance of Payment
7.01.11.0 Balance of exports and imports 2 -878,059 -1123611 -806625 -1026021
7.01.11.1 Exports of goods and services 2,551,592 2,627,897 2,885,169 3,026,831
7.01.11.2 Imports of goods and services 3,429,651 3,751,508 3,691,794 4,052,851
GDP at Expenditure based 155 13,430,452 15,054,277 17,332,096 19,358,572
Note: All figures are highly provisional and subject to revision, “p” denotes provisional estimates
65
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
A. Household Consumption
1.01.00.0 Food and non-alcoholic beverages 29 37.65 37.78 35.82 35.37
1.01.10.0 Food 27 37.49 37.63 35.67 35.23
1.01.11.0 Bread and cereals 5 16.72 16.78 15.91 15.71
1.01.11.1 Rice 14.59 14.65 13.89 13.72
1.01.11.2 Other cereals, flour and other cereal
products 1.13 1.14 1.08 1.07
1.01.11.3 Bread 0.08 0.08 0.07 0.07
1.01.11.4 Other bakery products 0.31 0.31 0.29 0.29
1.01.11.5 Pasta products 0.61 0.60 0.58 0.57
1.01.12.0 Meat 5 2.40 2.40 2.29 2.26
1.01.12.1 Beef and veal 1.41 1.41 1.35 1.33
1.01.12.2 Pork - - - -
1.01.12.3 Lamb, mutton and goat 0.13 0.13 0.12 0.12
1.01.12.4 Poultry 0.81 0.81 0.77 0.76
1.01.12.5 Other meats and meat preparations 0.06 0.06 0.05 0.05
1.01.13.0 Fish and seafood 2 4.82 4.84 4.56 4.51
1.01.13.1 Fresh, chilled or frozen fish and seafood 4.61 4.62 4.36 4.31
1.01.13.2 Preserved or processed fish and seafood 0.21 0.22 0.20 0.20
1.01.14.0 Milk, cheese and eggs 4 2.01 2.01 1.91 1.88
1.01.14.1 Fresh milk 1.10 1.10 1.04 1.03
1.01.14.2 Preserved milk and other milk products 0.35 0.35 0.33 0.33
1.01.14.3 Cheese 0.02 0.02 0.02 0.02
1.01.14.4 Eggs and egg-based products 0.53 0.54 0.51 0.50
1.01.15.0 Oils and fats 2 1.39 1.40 1.32 1.31
1.01.15.1 Butter and margarine 0.01 0.01 0.01 0.01
1.01.15.2 Other edible oil and fats 1.38 1.38 1.31 1.30
1.01.16.0 Fruits 2 1.10 1.11 1.05 1.04
1.01.16.1 Fresh or chilled fruit 1.10 1.10 1.04 1.04
1.01.16.2 Frozen , preserved or processed fruit and
fruit-based products 0.00 0.00 0.00 0.00
1.01.17.0 Vegetables 3 3.97 3.99 3.78 3.73
1.01.17.1 Fresh or chilled vegetables other than
potatoes 2.43 2.44 2.31 2.28
1.01.17.2 Fresh or chilled potatoes 1.07 1.07 1.01 1.00
Contd.
66
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
1.01.17.3 Frozen, preserved or processed vegetables
and vegetable-based products 0.48 0.48 0.46 0.45
1.01.18.0 Sugar, jam ,honey, chocolate and
confectionery 3 0.53 0.53 0.50 0.50
1.01.18.1 Sugar 0.34 0.34 0.32 0.32
1.01.18.2 Jam, marmalades and honey 0.15 0.15 0.14 0.14
1.01.18.3 Chocolate, confectionery and ice cream 0.05 0.05 0.04 0.04
1.01.19.0 Food products i.e. 1 4.55 4.57 4.33 4.28
1.01.20.0 Non-alcoholic beverage 2 0.15 0.16 0.15 0.15
1.01.21.0 Coffee, tea and cocoa 0.12 0.12 0.12 0.12
1.01.22.0 Mineral water, soft drinks, fruit and
vegetable juices 0.03 0.03 0.03 0.03
1.02.00.0 Alcoholic beverage, tobacco and
narcotics 5 1.49 1.48 1.39 1.36
1.02.10.0 Alcoholic beverages 3 - - - -
1.02.11.0 Spirits - - - -
1.02.12.0 Wine - - - -
1.02.13.0 Beer - - - -
1.02.20.0 Tobacco 1 0.81 0.80 0.76 0.75
1.02.30.0 Narcotics 1 0.68 0.67 0.63 0.62
1.03.00.0 Clothing and footwear 5 4.42 4.44 4.20 4.15
1.03.10.0 Clothing 3 3.94 3.96 3.74 3.70
1.03.11.0 Clothing materials, other articles of
clothing and clothing accessories 0.31 0.31 0.29 0.29
1.03.12.0 Garments 3.61 3.63 3.43 3.39
1.03.14.0 Cleaning, repair and hire of clothing 0.02 0.02 0.02 0.02
1.03.20.0 Footwear 2 0.48 0.48 0.46 0.45
1.03.21.0 Shoes and other footwear 0.47 0.48 0.45 0.45
1.03.22.0 Repair and hire of footwear 0.00 0.00 0.00 0.00
1.04.00.0 Housing, water, electricity, gas and
other fuels 7 11.96 12.01 11.37 11.24
1.04.10.0 Actual and imputed rentals for housing 1 6.02 6.04 5.71 5.64
1.04.30.0 Maintenance and repair of the dwelling 1 1.24 1.25 1.18 1.17
1.04.40.0 Water supply and miscellaneous services
relating to the dwelling 2 0.09 0.09 0.09 0.08
1.04.41.0 Water supply 0.06 0.06 0.06 0.06
Contd.
67
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
1.04.42.0 Miscellaneous services relating to the
dwelling 0.03 0.03 0.02 0.02
1.04.50.0 Electricity, gas and other fuels 3 4.61 4.64 4.40 4.34
1.04.51.0 Electricity 0.81 0.81 0.77 0.76
1.04.52.0 Gas 0.24 0.24 0.23 0.22
1.04.53.0 Other fuels 3.57 3.58 3.40 3.36
1.05.00.0 Furnishings, household equipment and
routine household maintenance 13 2.38 2.39 2.26 2.23
1.05.10.0 Furniture and furnishings, carpets and
other floor coverings 3 0.51 0.52 0.49 0.48
1.05.11.0 Furniture and furnishings 0.49 0.50 0.47 0.46
1.05.12.0 Carpets and other floor coverings 0.00 0.00 0.00 0.00
1.05.13.0 Repair of furniture, furnishings and floor
coverings 0.01 0.01 0.01 0.01
1.05.20.0 Household textiles 1 0.37 0.37 0.35 0.34
1.05.30.0 Household appliances 3 0.05 0.05 0.04 0.04
1.05.31.0 Major household appliances whether
electricity or not 0.03 0.03 0.03 0.03
1.05.32.0 Small electricity household appliances 0.01 0.01 0.01 0.01
1.05.33.0 Repair of household appliances 0.00 0.00 0.00 0.00
1.05.40.0 Glassware, tableware and household
utensils 1 0.14 0.14 0.13 0.13
1.05.50.0 Tools and equipment for house and garden 2 0.01 0.01 0.01 0.01
1.05.51.0 Major tools and equipment 0.00 0.00 0.00 0.00
1.05.52.0 Small tools and miscellaneous accessories 0.01 0.01 0.01 0.01
1.05.60.0 Goods and services for routine household
maintenance 3 1.31 1.32 1.25 1.23
1.05.61.0 Non-durable household goods 0.71 0.71 0.68 0.67
1.05.62.0 Domestic services and household services 0.60 0.60 0.57 0.56
1.05.62.1 Domestic services 0.60 0.60 0.57 0.56
1.05.62.2 Household services 0.00 0.00 0.00 0.00
1.06.00.0 Health 7 1.94 1.96 1.85 1.83
1.06.10.0 Medical products, appliances and
equipment 3 1.39 1.40 1.33 1.31
1.06.11.0 Pharmaceutical products 1.36 1.37 1.30 1.28
Contd.
68
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
1.06.12.0 Other medical products 0.03 0.03 0.03 0.03
1.06.13.0 Therapeutic appliances and equipment 0.01 0.01 0.01 0.01
1.06.20.0 Out-patient services 3 0.37 0.38 0.36 0.36
1.06.21.0 Medical services 0.25 0.26 0.24 0.24
1.06.22.0 Dental services 0.01 0.01 0.01 0.01
1.06.23.0 Paramedical services 0.12 0.12 0.11 0.11
1.06.30.0 Hospital services 1 0.17 0.18 0.16 0.16
1.07.00.0 Transport 13 3.04 3.08 2.91 2.88
1.07.10.0 Purchase of vehicles 4 0.52 0.52 0.50 0.49
1.07.11.0 Motor cars 0.21 0.21 0.20 0.20
1.07.12.0 Motor cycles 0.09 0.09 0.08 0.08
1.07.13.0 Bicycles 0.14 0.14 0.13 0.13
1.07.14.0 Animal drawn vehicles 0.09 0.09 0.08 0.08
1.07.20.0 Operation of personal transport equipment 3 0.43 0.44 0.41 0.41
1.07.22.0 Fuels and lubricants for personal transport
equipment 0.17 0.17 0.16 0.16
1.07.23.0 Maintenance and repair of personal
transport equipment 0.16 0.16 0.15 0.15
1.07.24.0 Other services in respect of personal
transport equipment 0.11 0.11 0.10 0.10
1.07.30.0 Transport services 6 2.09 2.12 2.01 1.98
1.07.31.0 Passenger transport by railway 0.02 0.02 0.02 0.02
1.07.32.0 Passenger transport by road 1.64 1.66 1.57 1.55
1.07.33.0 Passenger transport by air 0.01 0.01 0.01 0.01
1.07.34.0 Passenger transport by sea and inland
waterway 0.13 0.13 0.12 0.12
1.07.35.0 Combined passenger transport - - - -
1.07.36.0 Other purchased transport services 0.29 0.29 0.28 0.27
1.08.00.0 Communication 3 0.35 0.36 0.34 0.33
1.08.10.0 Postal services 0.04 0.04 0.04 0.04
1.08.20.0 Telephone and telefax equipment 0.04 0.04 0.03 0.03
1.08.20.0 Telephone and telefax services 0.27 0.28 0.26 0.26
1.09.00.0 Recreation and culture 13 0.49 0.50 0.47 0.46
1.09.10.0 Audio-visual, photographic and
information processing equipment 3 0.40 0.41 0.38 0.38
Contd.
69
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
1.09.11.0 Audio-visual, photographic and
information processing equipment 0.22 0.22 0.21 0.20
1.09.14.0 Recording media 0.15 0.15 0.14 0.14
1.09.15.0 Repair of audio-visual, photographic and
information processing equipment 0.04 0.04 0.04 0.03
1.09.20.0 Other major durables for recreation and
culture 2 0.00 0.00 0.00 0.00
1.09.21.0 Major durable for outdoor and indoor
recreation 0.00 0.00 0.00 0.00
1.09.23.0 Maintenance and repair of other major
durables for recreation and culture 0.00 0.00 0.00 0.00
1.09.30.0 Other recreational items and equipment,
gardens and pets 3 0.00 0.00 0.00 0.00
1.09.31.0 Other recreational items and equipments 0.00 0.00 0.00 0.00
1.09.33.0 Gardens and pets 0.00 0.00 0.00 0.00
1.09.35.0 Veterinary and other services for pets - - - -
1.09.40.0 Recreation and cultural services 3 0.05 0.05 0.05 0.05
1.09.41.0 Recreational and sporting services 0.03 0.03 0.03 0.03
1.09.42.0 Cultural services 0.03 0.03 0.02 0.02
1.09.43.0 Games of chance - - - -
1.09.50.0 Newspapers, books and stationery 1 0.03 0.03 0.03 0.03
1.09.60.0 Package holidays 1 0.00 0.00 0.00 0.00
1.10.00.0 Education 1 3.11 3.13 2.99 2.96
1.11.00.0 Restaurants and hotels 2 1.70 1.70 1.61 1.59
1.11.10.0 Catering services 1.37 1.38 1.30 1.28
1.11.20.0 Accommodation services 0.32 0.33 0.31 0.31
1.12.00.0 Miscellaneous goods and services 10 2.76 2.78 2.62 2.59
1.12.10.0 Personal care 2 1.06 1.07 1.01 0.99
1.12.11.0 Hairdressing salon and personal grooming
establishments 0.18 0.18 0.17 0.17
1.12.12 Appliances, articles and products for
personal care 0.88 0.88 0.83 0.82
1.12.20.0 Prostitution 1 - - - -
1.12.30.0 Personal effects n.e.c 2 1.26 1.26 1.19 1.18
1.12.31.0 Jewellery, clock and watch 1.25 1.26 1.19 1.17
1.12.32.0 Other personal effects 0.00 0.00 0.00 0.00
Contd.
70
Table 21. Share of Expenditure by Basic Heading at Current Prices
ICP codes Main Aggregates categories Basic
headings
Share of Total GDE
2013-14 2014-15 2015-16 2016-17(p)
1.12.40.0 Social protection 1 - - - -
1.12.50.0 Insurance 1 0.06 0.06 0.06 0.06
1.12.60.0 Financial services n.e.c 2 - - - -
1.12.61.0 FISIM - - - -
1.12.62.0 Other financial services i.e. - - - -
1.12.70.0 Other services i.e. 1 0.38 0.39 0.37 0.36
1.13.00.0 Net purchases abroad 2 - - - -
1.13.11.1 Purchases by residential households in the
rest of the world - - - -
1.13.11.2 Purchases by non-residential households in
the economic territory of the country - - - -
Total 110 71.27 71.60 67.84 67.00
B. NPISHs Consumption - - - -
2.00.00.0 Individual consumption expenditure by
NPISHs 1 1.34 1.33 1.27 1.26
C. Government Consumption 5.34 5.44 5.89 6.46
3.00.00.0 Individual consumption expenditure by
Government 21 1.54 1.56 1.71 1.88
4.00.00.0 Collective consumption expenditure by
Government 5 3.80 3.88 4.18 4.58
D Expenditure on Capital Formation - -
5.00.00.0 Gross fixed capital formation 12 28.59 29.09 29.65 30.58
6.00.00.0 Changes in inventories and acquisition
less disposals of valuables - - - -
E. Balance of Payment - -
7.01.11.0 Balance of exports and imports 2 -6.54 -7.46 -4.65 -5.30
7.01.11.1 Exports of goods and services 19.00 17.46 16.65 15.64
7.01.11.2 Imports of goods and services 25.54 24.92 21.30 20.94
GDP at Expenditure based 155 100.00 100.00 100.00 100.00
Note: All figures are highly provisional and subject to revision, “p” denotes provisional estimates
71
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
A. Household Consumption
1.01.00.0 Food and non-alcoholic beverages 29 12.49 9.16 10.29
1.01.10.0 Food 27 12.49 9.16 10.29
1.01.11.0 Bread and cereals 5 12.51 9.18 10.29
1.01.11.1 Rice 12.53 9.17 10.27
1.01.11.2 Other cereals, flour and other cereal products 12.59 9.20 10.33
1.01.11.3 Bread 12.63 9.53 10.47
1.01.11.4 Other bakery products 13.82 8.60 10.35
1.01.11.5 Pasta products 11.37 9.59 10.51
1.01.12.0 Meat 5 12.02 9.70 10.40
1.01.12.1 Beef and veal 12.15 9.90 10.28
1.01.12.2 Pork - - -
1.01.12.3 Lamb, mutton and goat 9.75 9.24 12.55
1.01.12.4 Poultry 12.12 9.44 10.28
1.01.12.5 Other meats and meat preparations 12.63 9.30 10.36
1.01.13.0 Fish and seafood 2 12.46 8.56 10.27
1.01.13.1 Fresh, chilled or frozen fish and seafood 12.38 8.59 10.28
1.01.13.2 Preserved or processed fish and seafood 14.35 8.02 10.18
1.01.14.0 Milk, cheese and eggs 4 12.15 9.48 10.19
1.01.14.1 Fresh milk 11.91 9.58 10.23
1.01.14.2 Preserved milk and other milk products 12.21 9.54 10.09
1.01.14.3 Cheese 12.66 9.71 10.04
1.01.14.4 Eggs and egg-based products 12.60 9.23 10.18
1.01.15.0 Oils and fats 2 12.60 9.18 10.42
1.01.15.1 Butter and margarine 12.60 9.50 10.39
1.01.15.2 Other edible oil and fats 12.60 9.18 10.42
1.01.16.0 Fruits 2 12.84 9.71 10.05
1.01.16.1 Fresh or chilled fruit 12.17 8.94 11.33
1.01.16.2 Frozen , preserved or processed fruit and fruit-
based products 12.62 8.78 11.56
1.01.17.0 Vegetables 3 12.59 9.14 10.30
1.01.17.1 Fresh or chilled vegetables other than potatoes 12.59 9.14 10.37
1.01.17.2 Fresh or chilled potatoes 12.59 9.14 10.17
Contd.
72
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
1.01.17.3 Frozen, preserved or processed vegetables and
vegetable-based products 12.58 9.12 10.21
1.01.18.0 Sugar, jam ,honey, chocolate and confectionery 3 12.58 9.27 10.38
1.01.18.1 Sugar 12.58 9.13 10.47
1.01.18.2 Jam, marmalades and honey 12.59 9.47 10.30
1.01.18.3 Chocolate, confectionery and ice cream 12.60 9.71 9.98
1.01.19.0 Food products i.e. 1 12.59 9.17 10.29
1.01.20.0 Non-alcoholic beverage 2 12.59 9.30 10.50
1.01.21.0 Coffee, tea and cocoa 12.59 9.26 10.32
1.01.22.0 Mineral water, soft drinks, fruit and vegetable
juices 12.61 9.43 11.16
1.02.00.0 Alcoholic beverage, tobacco and narcotics 5 11.20 8.43 9.36
1.02.10.0 Alcoholic beverages 3 - -
1.02.11.0 Spirits - -
1.02.12.0 Wine - -
1.02.13.0 Beer - -
1.02.20.0 Tobacco 1 10.78 8.63 9.77
1.02.30.0 Narcotics 1 11.72 8.19 8.87
1.03.00.0 Clothing and footwear 5 12.62 8.86 10.39
1.03.10.0 Clothing 3 12.62 8.83 10.42
1.03.11.0 Clothing materials, other articles of clothing
and clothing accessories 12.92 8.58 10.64
1.03.12.0 Garments 12.59 8.85 10.40
1.03.14.0 Cleaning, repair and hire of clothing 12.60 9.00 10.56
1.03.20.0 Footwear 2 12.61 9.14 10.19
1.03.21.0 Shoes and other footwear 13.39 8.63 10.16
1.03.22.0 Repair and hire of footwear 12.57 9.02 10.29
1.04.00.0 Housing, water, electricity, gas and other
fuels 7 12.57 9.01 10.38
1.04.10.0 Actual and imputed rentals for housing 1 12.47 8.84 10.43
1.04.30.0 Maintenance and repair of the dwelling 1 12.59 9.27 10.20
1.04.40.0 Water supply and miscellaneous services
relating to the dwelling 2 14.26 8.96 11.01
1.04.41.0 Water supply 14.93 8.79 11.26
Contd.
73
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
1.04.42.0 Miscellaneous services relating to the dwelling 12.58 9.39 10.35
1.04.50.0 Electricity, gas and other fuels 3 12.67 9.16 10.35
1.04.51.0 Electricity 12.98 9.09 10.40
1.04.52.0 Gas 12.89 9.15 10.51
1.04.53.0 Other fuels 12.58 9.18 10.33
1.05.00.0 Furnishings, household equipment and
routine household maintenance 13 12.82 8.87 10.22
1.05.10.0 Furniture and furnishings, carpets and other
floor coverings 3 13.28 8.42 10.14
1.05.11.0 Furniture and furnishings 13.31 8.39 10.14
1.05.12.0 Carpets and other floor coverings 12.57 8.97 10.19
1.05.13.0 Repair of furniture, furnishings and floor
coverings 12.53 9.36 10.27
1.05.20.0 Household textiles 1 13.00 8.76 10.28
1.05.30.0 Household appliances 3 14.24 9.01 9.60
1.05.31.0 Major household appliances whether electricity
or not 15.04 8.96 9.32
1.05.32.0 Small electricity household appliances 12.53 9.21 10.27
1.05.33.0 Repair of household appliances 12.53 8.84 10.05
1.05.40.0 Glassware, tableware and household utensils 1 12.59 9.35 10.27
1.05.50.0 Tools and equipment for house and garden 2 12.58 8.91 10.39
1.05.51.0 Major tools and equipment 12.63 9.12 10.21
1.05.52.0 Small tools and miscellaneous accessories 12.89 8.76 10.80
1.05.60.0 Goods and services for routine household
maintenance 3 12.57 9.03 10.25
1.05.61.0 Non-durable household goods 12.60 9.16 10.24
1.05.62.0 Domestic services and household services 12.53 8.86 10.25
1.05.62.1 Domestic services 12.83 8.81 10.18
1.05.62.2 Household services 12.59 9.03 10.23
1.06.00.0 Health 7 13.33 8.68 10.47
1.06.10.0 Medical products, appliances and equipment 3 12.84 8.86 10.18
1.06.11.0 Pharmaceutical products 12.85 8.86 10.16
Contd.
74
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
1.06.12.0 Other medical products 12.56 8.88 11.19
1.06.13.0 Therapeutic appliances and equipment 12.66 9.21 10.57
1.06.20.0 Out-patient services 3 13.52 9.15 11.04
1.06.21.0 Medical services 14.00 9.29 11.16
1.06.22.0 Dental services 12.52 8.68 10.84
1.06.23.0 Paramedical services 12.53 8.87 10.79
1.06.30.0 Hospital services 1 16.94 6.22 11.56
1.07.00.0 Transport 13 13.39 9.11 10.36
1.07.10.0 Purchase of vehicles 4 12.47 8.80 10.10
1.07.11.0 Motor cars 13.34 9.39 9.99
1.07.12.0 Motor cycles 11.76 9.95 10.17
1.07.13.0 Bicycles 12.08 8.15 10.16
1.07.14.0 Animal drawn vehicles 11.71 7.27 10.19
1.07.20.0 Operation of personal transport equipment 3 13.42 9.33 10.43
1.07.22.0 Fuels and lubricants for personal transport
equipment 13.15 9.75 10.06
1.07.23.0 Maintenance and repair of personal transport
equipment 13.50 9.17 10.74
1.07.24.0 Other services in respect of personal transport
equipment 13.73 8.93 10.54
1.07.30.0 Transport services 6 13.62 9.14 10.41
1.07.31.0 Passenger transport by railway 14.01 8.96 11.60
1.07.32.0 Passenger transport by road 13.46 9.17 10.44
1.07.33.0 Passenger transport by air 15.52 8.32 10.81
1.07.34.0 Passenger transport by sea and inland waterway 17.91 9.18 10.12
1.07.35.0 Combined passenger transport - -
1.07.36.0 Other purchased transport services 12.56 8.97 10.24
1.08.00.0 Communication 3 15.35 8.15 10.76
1.08.10.0 Postal services 16.76 7.37 10.16
1.08.20.0 Telephone and telefax equipment 14.21 8.30 12.44
1.08.20.0 Telephone and telefax services 15.28 8.26 10.63
1.09.00.0 Recreation and Culture 13 13.23 8.70 10.18
1.09.10.0 Audio-visual, photographic and information
processing equipment 3 13.37 8.66 10.18
Contd.
75
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
1.09.11.0 Audio-visual, photographic and information
processing equipment 13.92 8.56 10.17
1.09.14.0 Recording media 12.58 8.81 10.17
1.09.15.0 Repair of audio-visual, photographic and
information processing equipment 13.34 8.71 10.21
1.09.20.0 Other major durables for recreation and culture 2 12.64 9.28 10.12
1.09.21.0 Major durable for outdoor and indoor
recreation 12.68 9.35 10.13
1.09.23.0 Maintenance and repair of other major durables
for recreation and culture 12.61 9.21 10.11
1.09.30.0 Other recreational items and equipment,
gardens and pets 3 12.57 9.06 10.22
1.09.31.0 Other recreational items and equipment 12.57 9.04 10.24
1.09.33.0 Gardens and pets 12.65 9.19 10.06
1.09.35.0 Veterinary and other services for pets - -
1.09.40.0 Recreation and cultural services 3 12.54 8.93 10.11
1.09.41.0 Recreational and sporting services 12.56 9.02 10.07
1.09.42.0 Cultural services 12.51 8.83 10.15
1.09.43.0 Games of chance - -
1.09.50.0 Newspapers, books and stationery 1 12.69 8.69 10.34
1.09.60.0 Package holidays 1 12.59 8.99 10.24
1.10.00.0 Education 1 12.99 9.99 10.43
1.11.00.0 Restaurants and hotels 2 12.65 8.81 10.37
1.11.10.0 Catering services 12.46 8.78 10.33
1.11.20.0 Accommodation services 13.45 8.93 10.51
1.12.00.0 Miscellaneous goods and services 10 12.87 8.84 10.20
1.12.10.0 Personal care 2 12.84 8.83 10.20
1.12.11.0 Hairdressing salon and personal grooming
establishments 13.21 8.60 10.05
1.12.12 Appliances, articles and products for personal
care 12.77 8.88 10.23
1.12.20.0 Prostitution 1 - -
1.12.30.0 Personal effects n.e.c 2 12.73 8.89 10.20
1.12.31.0 Jewellery, clock and watch 12.73 8.89 10.20
1.12.32.0 Other personal effects 12.73 8.86 10.22
1.12.40.0 Social protection 1 - -
Contd.
76
Table 22. Percentage Change of Final Expenditure at Current Prices
ICP codes Main Aggregates categories Basic
headings
Percentage Change
2014-15 2015-16 2016-17(p)
1.12.50.0 Insurance 1 13.53 8.61 10.29
1.12.60.0 Financial services n.e.c 2 - -
1.12.61.0 FISIM - -
1.12.62.0 Other financial services i.e. - -
1.12.70.0 Other services i.e. 1 13.30 8.75 10.22
1.13.00.0 Net purchases abroad 2 - -
1.13.11.1 Purchases by residential households in the rest
of the world - -
1.13.11.2 Purchases by non-residential households in the
economic territory of the country - -
Total 110 12.62 9.08 10.30
B. NPISHs Consumption - -
2.00.00.0 Individual consumption expenditure by
NPISHs 1 11.80 10.05 10.12
C. Government Consumption 14.22 24.65 22.49
3.00.00.0 Individual consumption expenditure by
Government 21 14.22 25.95 22.49
4.00.00.0 Collective consumption expenditure by
Government 5 14.22 24.12 22.49
D Expenditure on Capital Formation - -
5.00.00.0 Gross fixed capital formation 12 14.03 17.35 15.23
6.00.00.0 Changes in inventories and acquisition less
disposals of valuables - - -
E. Balance of Payment - -
7.01.11.0 Balance of exports and imports 2 27.97 -28.21 27.20
7.01.11.1 Exports of goods and services 2.99 9.79 4.91
7.01.11.2 Imports of goods and services 9.38 -1.59 9.78
GDP at Expenditure based 155 12.09 15.13 11.69
Note: All figures are highly provisional and subject to revision, “p” denotes provisional estimates
77
44 Explanatory Notes
Concepts and data sources used in compiling GDP estimates
1. GDP is an aggregate measure of the total value of gross output produced within the
economic territory of a country in a specified period, before deducting allowance for
consumption of fixed capital (CFC) or depreciation. GDP is measured by using three
different approaches.
2. Provisional GDP estimates for Bangladesh are compiled using both “production” and
“expenditure” approaches. Data sources used for “production” approach include crops
statistics, extrapolation based on inter-census growth rate of population and agriculture
censuses, current industrial production survey, government budgets, other
administrative records, external trade statistics, etc.
3. Under “Production” approach/method, GDP is measured as the total value added
(value of output minus intermediate consumption) arising from production of all goods
and services sectors of the economy. It is the sum of value added of all industrial
sectors.
4. For “Expenditure” approaches data sources include HES (Household Expenditure
Survey), external trade statistics, balance of payment statistics, government accounts
and related data from non-government organisations.
5. Under “Income” approach GDP can be measured as the sum of incomes paid out to the
employees by the producers known as compensation of employees (CE), mixed income
of the self-employed persons (MI) and operating surplus (OS) of the producers and the
consumption of the fixed capital (CFC). The sum of all elements covering payments to
the factors of production is also equal to gross value added at basic prices. If indirect
taxes (IT) less subsidies on production and products are added, it would be equivalent to
GDP in market prices. For lack of required data, BBS could not compile GDP by using
this approach.
6. Inflation is a sustained increase in the general price level of goods and services in an
economy over a period of time.
Publication schedule of production and expenditure based GDP estimates
7. “Production” and “Expenditure” based “Provisional Estimate of Annual GDP” are
released with a time lag of about nine months after the reference year (i.e. in April /
May of the current financial year). This is the 20th such publication of BBS. Annual
78
GDP estimates along with other national accounts aggregates are also published in the
Monthly Statistical Bulletin and other publications of BBS.
8. The final estimates are based on confirmed data and released within eight to nine months
after the end of the FY. The GDP estimates of Bangladesh are published as follows:
i) Provisional GDP Estimates : Data mainly upto December of the fiscal year to be
used for estimation and publication by April-May
of the fiscal year.
ii) Final GDP Estimates : By April-May of the following fiscal year.
Qualification of data and caveats on the use of provisional GDP estimates
GDP estimates by Production Approach:
9. Provisional GDP estimates based on production approach are subject to a number of
qualifications due to non-availability of the required data. These qualifications are:
1. Agriculture and Forestry
a. Crops and horticulture Generally actual production figures of aus and jute are
used. For other major crops (aman, boro and wheat)
projected production figures are used. Estimates made by
the Ministry of Agriculture and Sample Crop Cutting by
BBS are used to validate the estimates. Minor crops are
imputed at last year’s levels and validated as and when
necessary with the production estimates available from
the most recent Household Income Expenditure Survey
(HIES).
b. Animal farming Extrapolated on the basis of inter-census growth rate
obtained from Census of Agriculture, 1983-84, Census of
Agriculture, 1996 and 2008.
c. Forest and related services Outputs projected on the basis of earlier years.
2. Fishing Based on estimates/projection provided by DOF and
validated on the basis of the most recent HIES 2010 data.
3. Mining and Quarrying Administrative data of BCIC and Petrobangla are used for
estimating most of the outputs.
4. Manufacturing Actual growth plus extrapolation based on QIIP for
medium and large industries and also QIIP for small
industries are taken into consideration.
5. Power, Gas, Water Based on targets, modified by actual production data up to
December for gas and electricity of the fiscal year.
6. Construction Based on the trend of imports of major construction
inputs and domestic production data of related industries
till December of the fiscal year.
7. Wholesale and Retail Trade Growth rate reflecting trends of imports, agricultural and
industrial production.
79
8. Hotels and Restaurants Extrapolated on the basis of Report on Integrated Annual
Survey of Non-farm Economic Activities.
9. Transport, Storage and
Communication
Imputation of last year’s figure and selective use of
administrative data available up to December of the fiscal
year. Also the budgetary data of government transport and
communication agencies of the fiscal year are utilized.
10. Public Adm. and Defence Based on national budget allocations for the fiscal year.
11. Financial Intermediations Projections based on last year data, bank deposit and
credit up to December 2016.
12. Real Estate, Renting and
Business Activities
Projections based on inter-census growth rate: Population
Census, Labour Force Surveys, Household Income and
Expenditure Survey (HIES) and estimates of housing
stock and rental income.
13. Health and Social Work Based on national budget allocations for FY2017 for
public sub-sector estimates. Projection and extrapolation
growth rates of the major components for private sub-
sector estimates.
14. Education Based on national budget allocations for the public sector.
Projection and extrapolation of growth rates for private
sub-sector.
15. Community, Social and
Personal Services
Projection and extrapolation growth rates of major
components.
Provisional estimates provide trends of economic performance. Provisional GDP
estimates are usually subject to revisions because of subsequent data changes.
Expenditure based GDP estimates
Expenditure based provisional GDP estimates are relatively imprecise in nature because of
weakness in the data base used in calculation. The estimates are also subject to limitations of
the methodologies used in estimating the components. The external trade statistics of the last
quarter of the year usually show higher trends and may not follow the previous year’s pattern.
Uncertainties in the actual expenditures during first quarter are likely to affect the volume of
public sector investments. The basis of extrapolation of the private consumption expenditures
and investments is also fragile. Owing to data limitations, no account is taken of the overall
stock changes. Consumption of NPISH and acquisition net of disposal of valuables are
assumed to be included in private consumption.
80
The provisional GDP estimates by expenditure category are compiled on the basis of the
following data sources:
1. General Government Final Consumption Expenditure: Based on national budget
allocation, government final consumption is extrapolated.
2. Private Final Consumption Expenditure: Extrapolation is done based on recent HIES
2010 data and also residual method is adopted for reconciliation.
3. Gross Fixed Capital Formation: Import of capital goods and domestic production of
materials for capital goods like construction input upto December of the fiscal year is
used.
4. Net Exports: Based on Balance of Payment (BOP) data and actual trends of imports
and exports up to December of the fiscal year.
81
Annex - II
Statistical Annex Tables
82
83
Table 1. Production of Major Agricultural Crops
(Lac metric ton)
Crops 2012-13 2013-14 2014-15 2015-16 2016-17(p)
Cereals
Aus 21.58 23.26 23.28 22.88 21.33
Aman 128.97 130.23 131.90 134.83 136.50
Boro 187.78 190.07 191.92 189.37 189.37
Wheat 12.55 13.03 13.47 13.48 13.48
Maize 15.48 21.24 22.71 24.45 26.10
Total 366.36 377.83 383.28 385.01 386.78
Other crops
Tobacco and Beverage 5.17 5.47 5.27 5.19 6.43
Jute (Lac bales) 76.11 74.36 75.01 75.58 82.46
Fruits 43.78 45.45 45.88 47.04 47.12
Oilseeds 8.04 8.44 9.34 9.31 9.31
Pulses 2.65 3.52 3.78 3.78 3.78
Spices 17.22 20.43 21.79 24.70 24.70
Sugarcane 44.69 45.08 49.87 47.35 47.40
Vegetables 120.53 126.77 130.27 131.36 136.42
a. Potato 86.03 89.50 92.54 94.74 99.50
b. Other Vegetables 34.50 37.27 37.72 36.61 36.72
Others 2.30 2.33 2.47 2.52 2.50
Note: i) * Final Estimates
2) “p” denotes provisional estimates
Table 2. Production of Fish (adjusted)
(Lac metric ton)
Crops 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17(p)
Inland 25.59 27.23 28.95 30.18 31.86 33.18
Marine 5.97 6.33 6.48 6.84 6.92 6.97
Total 31.56 33.56 35.43 37.02 38.78 40.15
Note: “p” denotes provisional estimates Source: Department of Fisheries (DOF) and Household Expenditure Survey, BBS
84
Table 3. Quantum Index of Industrial Production (Large and Medium Scale
Manufacturing Industry) (Base: 2005-06 = 100)
Month 2014-15 2015-16 Growth rate
(point to point) 2016-17(p)
Growth rate
(point to point)
July 248.67 253.67 2.01 247.72 -2.35
August 214.74 258.35 20.31 306.54 18.65
September 233.32 238.70 2.31 244.54 2.45
October 203.15 235.04 15.70 267.35 13.75
November 223.58 253.24 13.27 277.22 9.47
December 244.06 286.05 17.20 310.73 8.63
January 244.81 277.35 13.29
February* 226.56 271.93 20.03
March* 228.16 272.24 19.32
April* 230.37 268.32 16.47
May* 257.96 291.27 12.91
June* 277.97 321.19 15.55
Yearly 236.11 268.11 13.55
Source: Current Industrial Production Section, BBS
Note: p denote provisional estimates, * QIIP, January-June 2016-17 yet to be release
Table 4. Domestic Production of Natural Gas, Electricity and Fertilizer
Period Gas (106 cu meter) 1 Electricity (106 kWh) 2 Fertilizer (M.T) 3
2005-06 14,921 22,977 1,926,672
2006-07 15,920 23,268 1,982,292
2007-08 17,014 24,953 1,581,683
2008-09 18,511 26,533 1,347,366
2009-10 19,919 29,246 1,170,119
2010-11 20,075 31,355 1,013,537
2011-12 21,056 35,117 1,047,214
2012-13 22,670 38,229 1,074,791
2013-14 23,232 38,040 976,691
2014-15 25,263 40,358 1,028,157
2015-16 27,559 46,371 1,010,446
Month Gas (106 cu meter) 1 Electricity (106 KWh) 2 Fertilizer (M.T) 3
2015-16 2016-17(p) 2015-16 2016-17(p) 2015-16 2016-17(p)
July 2,185 2233 3860 4432 45,233 67341
August 2,350 2345 4227 4811 65,906 62122
September 2,168 2164 3997 4509 66,832 63072
October 2,345 2345 4025 4736 91,589 62410
November 2,308 2257 3243 3618 91,109 103979
December 2,369 2343 3053 128,085 116044
January 2,372 2364 3205 124845
February 2,214 3415 108336
March* 2,354 4181 112005
April* 2,270 4337 52866
May* 2,325 4116 64492
June* 2,299 4696 59148
Source: 1 Petrobangla 2 Power Development Board, REB & DESA
3 MIS Report, Bangladesh Chemicals Industries Corporation p denote provisional, * Production of gas, electricity and fertilizer from February to June 2017 are not available
85
Table 5. Deposit and Credit Disbursement (Billion Tk.)
Financial Year Demand Deposit Time Deposit Domestic Credit
2000-01 108.69 648.27 910.46
2001-02 116.20 744.55 1023.97
2002-03 128.28 872.51 1106.49
2003-04 146.13 992.74 1267.86
2004-05 168.50 1160.42 1488.37
2005-06 197.40 1380.22 1784.12
2006-07 234.63 1613.36 2041.61
2007-08 265.18 1894.81 2470.49
2009-10 302.37 2300.73 2868.55
2009-10 416.22 2750.43 3378.27
2010-11 481.06 3374.19 4308.93
2011-12 510.60 4073.88 5149.73
2012-13 557.37 4799.02 5717.37
2013-14 643.44 5589.78 6379.06
2014-15 723.84 6268.00 7015.26
2015-16 897.59 7039.47 8012.80
2016-17 (Jul-Mar) 878.59 7622.14 8452.41
Source: Economic Trend, Bangladesh Bank, * indicate (July-February)
Table 6. GDP Growth Rate and Per Capita Income of SAARC Countries
Countries GDP growth rate/a Per capita income US $/b
2014 2015 2016 2013 2014 2015
Afghanistan 1.3 0.8 2.0 690 660 610
Bangladesh 6.06 6.6 7.1 1010 1080 1190
Bhutan 3.8 5.9 6.4 2330 2370 2380
India 7.2 7.6 7.4 1520 1560 1590
Maldives 6.5 2.1 3.5 6000 6480 6950
Nepal 5.7 2.3 0.8 730 740 730
Pakistan 4.1 4 4.7 1360 1400 1440
Sri Lanka 4.9 4.8 5.0 3490 3650 3800
Source: /a Asian Development Outlook 2016 update, /b World Development Indicators 2016 database.
86
Table 7. Export of Selected Items (Crore Tk.)
Item 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
(Jul-Feb)
Raw Jute 1,866 1,699 948 856 1,257 1,018
Jute goods (including Carpet) 5,200 5,989 5,315 5,351 5,700 3,962
Tea 28 17 17 33 15 13
Leather 4,115 4778 3,759 3,081 2,133 991
Fish & Shrimp 4,758 3399 4,098 3,988 3,003 2,328
Readymade Garments (including
Knit Wear & Hosiery) 122,701 128,285 146,626 156,045 163,120 110,956
Naphtha Furnace oil & Bitumen 975 431 134 291 101 55
Fertilizers 130 - - - 0 44
Others (Including EPZ) 40,540 44839 52,477 56,841 61,473 38,913
Total Exports 180,313 189,437 213,374 226,486 236,802 158,280
Source: Economic Trend, Bangladesh Bank
Table 8. Import of Selected Items (Crore Tk.)
Year 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
(Jul-Feb)
Rice 2,188 239 2701 4310 931 207
Wheat 4,763 5575 8685 7915 7159 5396
Total (food) 6,951 5814 11386 12224 8091 5602
Milk & Dairy Products 1,750 1708 2249 2409 1766 1162
Spices 1,080 947 1423 1668 1598 1252
Oil seeds 1,420 1932 3952 2745 4083 1907
Edible Oil 13,051 11185 13686 12223 10409 7818
Pulses all Sorts 1,911 3373 3536 3057 3625 2458
Sugar 9,390 5853 7014 5770 5171 4749
Clinker 3,994 3888 4812 4632 3467 2371
Crude Petroleum 8,387 8801 7218 6629 2985 2588
Petroleum Products 30,484 29122 31628 26175 17827 14514
Chemicals 9,575 10405 11644 12192 13215 9587
Pharmaceutical Products 934 952 931 875 938 783
Fertilizers 10,907 9563 7977 9647 8170 4167
Dyeing & Tanning Materials 2,977 3190 4185 4312 4272 2889
Plastic and Rubber Articles 10,835 10905 13937 14333 14233 9628
Cotton 16,601 16004 18850 17672 16844 12099
Yarn 10,833 10849 11705 12377 12885 8637
Textile and articles thereof 24,168 26133 27853 28569 32259 21727
Staple fibres 3,250 3627 3833 4078 4713 3034
Iron & Steel 17,637 18642 20654 22909 21925 17340
Capital Machinery 15,765 14672 18122 20294 23920 20010
Others (Including EPZ) 79,063 74763 89977 90395 101483 69759
Total (non food) 274,012 266514 305186 302961 305788 218476
Total Imports 280,963 272328 316572 315185 313879 224079
Source: Economic Trend, Bangladesh Bank
87
Table 9. Annual Development Programme by Sectors
(Million Tk.)
Sector FY2015 FY2016 FY2017
Budget Revised Budget Revised
Agriculture 27850 24690 32770 50234 57416
Rural Development & Institutions 151300 165530 181820 90666 107614
Water Resources 28310 21420 30620 26067 33421
Industries 17380 14980 14130 19389 9741
Power 92730 82760 164850 155532 134476
Oil, Gas & Natural Resources 22230 10190 19940 20717 10678
Transport 99770 86200 12738 132958 208332
Bridge Division 87350 52990 89210 62530 65270
Communication 7410 9850 17710 14629 19158
Physical Planning, Water Supply &
Housing 20840 13290 23960 123571 143912
Education & Religious Affairs 97060 87000 99910 101255 128460
Sports & Culture 3050 3470 15990 2617 3141
Health, Population and Family Welfare 43490 45620 53310 55517 56553
Mass Media 1190 1130 1260 1191 1760
Social Welfare, Women’s Affairs &Youth
Development 22960 16160 22370 4316 3472
Public Administration 45750 59090 50920 23212 23445
Science & Technology 2305 37190 13010 18085 54720
Labour & Manpower 4130 4200 4760 4261 4510
Total Sectoral Allocation 775105 735760 849278 906747 1066079
Total Block Allocation 28045 14240 120722 32305 40921
Grand Total 803150 750000 970000 939052 1107000
Source: Planning Commission
Table 10. Monetary and Banking Statistics (Million Tk.)
Items 2011 2012 2013 2014 2015 2016 2017
(Jul-Dec)
Currency outside Banks 547,951 58,4171 675529 769084 879408 1220745 1131534
Demand Deposits 481,062 510,604 557365 643443 728734 897591 906607
Money Supply M1 1031,011 1,097,214 1,236,031 1416451 1608142 2124307 2044463
Time Deposits 3374,189 4073,881 4,799,023 5589784 6267999 7039472 7496075
Money Supply M2 4405,200 5171,095 6,035,054 7006235 7876141 9163779 9540538
Post Office Deposits 49,760 25,337 522 - - - -
Monetary asset 4457,960 5196,432 6,035,576 - - - -
Source: Economic Trend, Bangladesh Bank, *May 2017
88
Related Publications on National Accounts Statistics
1. Brochure on National Accounts of Bangladesh, January 1995
2. Institutional sector accounts of Bangladesh for 1995- 96, (Draft), January 1999
3. Bangladesh, National Accounts Statistics: Sources and Methods (revised Estimates from
1995-96 to 2013-14 with base year 2005-06), August 2014
4. Preliminary Estimates of Gross Domestic Product May 1997
5. Preliminary Estimates of Gross Domestic Product 1998-99 and Final Estimates of Gross
Domestic Product, 1997-98
6. Preliminary Estimates of Gross Domestic Product, 1999-2000 and Final Estimates of Gross
Domestic Product, 1998-99
7. National Accounts Statistics (Gross Domestic Product, 2000-2001)
8. National Accounts Statistics (Preliminary Estimates of GDP, 2001-2002)
9. National Accounts Statistics (Provisional Estimates of GDP, 2015-16 and Final Estimates
of GDP, 2014-15)
10. National Accounts Statistics (Provisional Estimates of GDP, 2014-15 and Final Estimates
of GDP, 2013-14)
11. National Accounts Statistics (Provisional Estimates of GDP, 2013-14 and Final Estimates
of GDP, 2012-13)
12. National Accounts Statistics (Preliminary Estimates of GDP, 2012-13 and Final Estimates
of GDP, 2011-12)
13. Estimates of Investment: Methods and Data Sources, May 2002
14. Proceeding of the Workshop-cum-Expert Consultation on National Accounts Compilation
of Bangladesh, January 1994.
15. Report of the National Income Commission, 1990
16. Report of the Task Force on the Review of National Accounts of BBS, June 1996
17. Sources and Methods of Indices (National Accounts Deflators), May 1997
18. System of National Accounts, 2008 (UN Publication)
19. Twenty Years of National Accounting of Bangladesh (1972-92), July 1993
20. Provisional Estimates of Gross Regional Product 1995-96 to 1999-2000
Available for sale at:
1. BBS Publication Section,
Parishankhan Bhaban (Ground Floor)
E-27/A, Agargaon, Dhaka-1207
Phone: 91133383, 9137775, 9138636-7, 9133383-5, ext. 1010
2. BBS Sales Centre, Ansari Building (1st Floor)
14/2, Topkhana Road, Dhaka-1000
National Accounts data are also available in BBS website: http://www.bbs.gov.bd
89
Officials Involved in Preparation of the Report
1. Mr. Abul Kalam Azad, Director, National Accounting Wing, BBS
2. Mr. Ziauddin Ahmed, Joint Director, National Accounting Wing, BBS
3. Mr. Md. Mahbubur Rahman, Deputy Director, National Accounting Wing, BBS
4. Mr. Md. Shahabuddin Sarker, Deputy Director, National Accounting Wing, BBS
5. Mr. Abdul Khaleque, Deputy Director, National Accounting Wing, BBS
6. Mr. Tufail Ahmed, Deputy Director, National Accounting Wing, BBS
7. Ms. Salma Hasnayen, Deputy Director, National Accounting Wing, BBS
8. Mr. Md. Rafiqul Islam, Deputy Director, National Accounting Wing, BBS
9. Ms. Israt Jahan Nasrin, Statistical Officer, BBS
10. Mr. Md. Nazmul Hoque, Statistical Officer, BBS
90
www.bbs.gov.bd