Bangladesh’s per capita income crosses $2,500 as base year changes - News Summed Up

Bangladesh’s per capita income crosses $2,500 as base year changes


In terms of the Bangladesh currency, the per capita income is now Tk 219,644 ($1 = Tk 86). Previously, on May 17, Planning Minister MA Mannan had announced that the preliminary per capita income was $2,227 based on fiscal 2005-06. Photo: Asif Mahmud Ove (File Photo)In fiscal 2019-2020, the per capita income was calculated at $2,024. File Photo“Every 10 years, according to our regulations, the BBS changes the base year used to calculate economic indicators,” said Ziauddin Ahmed of the BBS GDP Wing. Such adjustments occur every time the base year is changed and affects most economic indicators, including GDP and per capita income, Ahmed added.


Source: bd News24 November 04, 2021 21:15 UTC



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