Bangladesh per capita income witnesses exponential growth in AL era - News Summed Up

Bangladesh per capita income witnesses exponential growth in AL era


It was more than three and a half year tenure of Father of the Nation Bangabandhu Sheikh Mujibur Rahman when the per capita income increased by 204 percent or more than three times to $277 in 1975. Per capita income in 1973 was $114 with a 25 percent rise from the previous year while it was $172 in 1974 with a 51 percent increase. Official data showed that the per capita income was reduced by 15 percent from 1976 to 1981 period while it took 15 years to reach the per capita income to $277 in 1990 although it had reached $277 in 1975. After the assumption of office by Awami League government following the landslide victory in December 2008 election, the per capita income witnessed an exponential growth during that 15-year period from 2009 to 2023. The per capita income was multiplied by almost five times during this period as it reached $2793 in 2023 up from $686 in 2009.


Source: Bangladesh Sangbad Sangstha December 30, 2023 10:11 UTC



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