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bd Economy

Posted by methun

Fiscal year: July 1 to June 30.
Annual GDP growth rate (FY 2008): 6.2%; (FY 2008 World Bank est.): below 6%.
Current GDP (2008 est.): $84.2 billion (official); $226.4 billion (PPP).
Per capita GDP (2008 est.): $554 (official); $1,500 (PPP).
Inflation (December 2008): 6.03% (point to point basis) and 8.9% (monthly average basis).
Exchange rate: Dec. 2009: U.S. $1=69.03 BDT; 2008: U.S. $1=68.55 BDT; 2007: U.S. $1=69.89 BDT.
Annual budget (2008 est.): $12.54 billion.
Natural resources: Natural gas, fertile soil, water.
Agriculture (19.1% of GDP): Products--rice, jute, tea, sugar, wheat.
Industry (manufacturing; 28.6% of GDP): Types--garments and knitwear, jute goods, frozen fish and seafood, textiles, fertilizer, sugar, tea, leather, ship-breaking for scrap, pharmaceuticals, ceramic tableware, newsprint.
Trade: Total imports (FY 2008)--$21.6 billion: capital goods, food grains, petroleum, textiles, chemicals, vegetable oils. Growth rate over previous fiscal year: 25.95%. Total exports (FY 2008)--$14.11 billion: garments and knitwear, frozen fish, jute and jute goods, leather and leather products, tea, urea fertilizer, ceramic tableware. Growth rate over previous fiscal year: 16.04%. Exports to U.S. (Jan.-Dec. 2008)--$3.74 billion. Imports from U.S. (Jan.-Dec. 2008)--$468.1 million.

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