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CHAPTER 2

GDP, SAVINGS AND INVESTMENT


[Bangladesh has been able to achieve GDP growth at more than 6 percent on an average
for the last one decade.According to the final estimate of Bangladesh Bureau of
Statistics, GDP growth stood at 6.03 percent in FY 2012-13which was recorded at 6.23
in the FY 2011-12as per the provisional estimate. In attaining GDP growth, three main
sectors of the economy like agriculture, industry and service sector made major
contributions. Because of high base effect induced by more than 5 percent growth in
agriculture sector during the FY 2009-10 and FY 2010-11, the growth of agriculture
sector reduced slightly to 3.11 percent in the FY 2011-12, which was estimated at 2.17
percent in FY 2012-13. Basically the growth rate of agriculture sector has slightly
declined as there was lower thanthe targeted production in the crops and horticulture
sub-sector. In FY 2012-13 at constant prices, share of agriculture, industry and service
sectors stood at 18.70 percent, 31.99 percent and 49.30 percent respectively. According
to the provisional estimate, on expenditure side, in FY 2012-13consumption
expenditureincreased slightly to 80.75 percent of GDP compared to 80.74 percent in FY
2011-12. Besides, Domestic savings stood at 19.25 percent of GDP in FY 2012-13.
Because of positive growth in remittance inflows, national savings increased to 29.51
percent of GDP in FY 2012-13 from 29.18 percent of GDP a year earlier. Furthermore,
investment-GDP ratio stood at 26.84 percent in this fiscal year which was 26.54 percent
in FY 2011-12.]

Economic Growth
According to data releasedby BBS Bangladesh achieved 6.71 percent and 6.23 percent GDP
growth in FY 2010-11 and FY 2011-12 respectively. Even after the global financial crisis,
Bangladesh has been able to achieve GDP growth at more than 6 percent on an average.
According to the provisional estimate of BBS, the economy has posted a growth rate of 6.03
percent in FY 2012-13. Moreover, the GDP growth is stillbeing estimated using FY 1995-96 as a
base year. GDP growth will be higher if FY 2005-06 at used as a new base year from the next
fiscal year which includes many new sectorsof the economy.
Gross Domestic Product (GDP) at Current Prices
The provisional value of GDP at current market prices stands at Tk. 10,379,867 crore in FY
2012-13, which was 13.05 percent higher than that of the previous year.At current prices, the
estimated per capita GDP for FY 2012-13 is Tk. 67,577 which has increased by 11.57 percent
from the per capita GDP of Tk. 60,571 in FY 2011-12. On the other hand, per capita national
income stood at Tk. 74,380 which was Tk. 66,463 a year earlier.In US dollar, per capita GNI and
GDP stood at US$ 923 and US$ 838 respectively inFY 2012-13compared to US$ 840 and US$
766 respectively in FY 2011-12.GDP, GNI, per capita GDP and national income during the
period from FY 2006-07 to FY 2012-13 are shown in Table 2.1.
15

Table 2.1: GDP, GNI, Per Capita GDP and GNI at Current Market Prices
Item
GDP (In Crore Tk.)
GNI (In Crore Tk.)
Population (In Crore)
Per Capita GDP (In Tk.)
Per Capita GNI (In Tk.)
Per Capita GDP (In US$)
Per Capita GNI (In US$)

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13*

472477

545822

614795

694324

796704

918141

1037987

507752

594212

670696

758928

869217

1007443

1142479

14.06

14.24

14.42

14.61

14.97

15.16

15.36

33607

38330

42628

47536

53238

60571

67577

36116

41728

46504

51959

58083

66463

74380

487

559

620

687

748

766

838

523
608
Source: Bangladesh Bureau of Statistics (BBS) * Provisional

676

751

816

840

923

The GDP at current market prices by sectors are shown in Table 2.2 below:
Table 2.2: Gross Domestic Product (GDP) at Current Market Prices
(In Crore Taka)
Sector/Sub-sector
1. Agriculture and Forestry
a. Crops & horticulture
b. Animal farming
c. Forest and related services
2. Fishing
3. Mining and Quarrying
a. Natural gas & crude petroleum
b. Other mineral resources
4. Manufacturing
a. Large & medium scale
b. Small scale
5. Electricity, Gas & Water Supply
a. Electricity
b. Gas
c. Water
6. Construction
7. Wholesale and Retail Trade
8. Hotel and Restaurants
9. Transport, Storage & Communication
a. Land transport
b. Water transport
c. Air transport
d. Support transport services, storage
e. Post & telecommunication
10. Financial Intermediations
a. Monetary intermediation(Bank)
b. Insurance
c. Other financial intermediation
11. Real Estate, Renting & other
Business Activities
12. Public Administration and Defense
13. Education
14. Health and Social Work
15. Community, Social and Personal Srvices
Import Duty
GDP at Current Market Price
Growth Rate ( percent)
Source: Bangladesh Bureau of Statistics (BBS)

2006-07
70124
52468
10780
6876
17783
5322
2845
2476
81178
57688
23490
5590
4567
651
372
37543
66011
3289
48908
36853
3307
509
1420
6820
7744
5797
1640
307
34929

2007-08
80201
60578
12118
7505
19790
6152
3164
2988
93901
66759
27142
6070
4955
716
399
43854
78220
3889
56907
42857
3621
546
1569
8314
8955
6656
1930
368
38058

2008-09
89426
67247
14002
8177
21806
7091
3590
3501
106445
75610
30835
6542
5311
793
438
50125
88276
4460
64280
48365
3923
589
1758
9645
10245
7613
2201
431
41616

2009-10
100588
75339
16219
9030
24223
8114
4039
4075
120108
84899
35209
7195
5840
876
479
55658
100295
5150
71880
54159
4214
649
1938
10920
12300
9063
2702
535
45683

2010-11
113582
85238
18470
9874
26996
9063
4262
4801
135551
97121
38430
8211
6775
908
529
63982
115959
5998
85465
66088
4532
722
2070
12053
14484
10621
3231
632
50337

2011-12
125751
93658
21218
10876
31003
10446
4729
5716
155750
112075
43675
9595
8031
966
597
76635
130684
7137
101810
80366
4961
832
2453
13198
17576
12968
3856
752
58949

2012-13*
136987
100834
24169
11985
35672
12413
5536
6877
176030
127196
48834
11169
9433
1075
661
89985
143493
8249
118747
94925
5317
969
2862
14674
20529
15162
4490
877
65653

12743
11776
10307
43568
15662
472477
13.65
* Provisional

14427
13531
11819
50200
11733
545822
15.52

16360
15494
13391
58364
20871
614795
12.64

18757
17908
15142
68466
22853
694324
12.94

22381
21308
17582
77876
27931
796704
14.75

25321
24058
20574
91485
31367
918141
15.24

28428
27936
23580
104100
35016
1037987
13.05

16

Growth of GDP by Sectors


In the estimation of production based GDP, 15 sectors are considered where some sectors are
further divided into different sub sectors. All the 15 sectors are grouped into three broad sectors agriculture, industry and service. The broad agriculture sector consists of two sectors namely, (i)
agriculture and forestry and (ii) fisheries. Similarly, the broad industry sector comprises (i)
mining and quarrying, (ii) manufacturing, (iii) electricity, gas and water supply and
(iv)construction sector. The broad service sector includes the collective outputs of the, (i)
wholesale and retail trade, (ii) hotels and restaurants, (iii) transport, storage and communication,
(iv) financial intermediations, (v) real estate renting and business activities, (vi) public
administration and defense, (vii) education, (viii) health and social work and (ix) community,
social and personal services. The growth rates of GDP by sectors at constant prices since FY
2006-07 have been shown in Table 2.3 and graph 2.1.
Table 2.3: Sectoral Growth Rate of GDP at Constant Prices (Base Year: 1995-96)
(In Percentage)
Sector/Sub-sector
1. Agriculture and Forestry
a. Crops & horticulture
b. Animal farming
c. Forest and related services
2. Fishery
3. Mining and Quarrying
a. Natural gas & crude petroleum
b. Other mineral resources
4. Manufacturing
a. Large & medium scale
b. Small scale
5. Electricity, Gas & Water Supply
a. Electricity
b. Gas
c. Water
6. Construction
7. Wholesale and Retail Trade
8. Hotel and Restaurants
9. Transport, Storage & Communication
a. Land transport
b. Water transport
c. Air transport
d. Support transport services, storage
e. Post & telecommunication
10. Financial Intermediations
a. Monetary intermediation(Bank)
b. Insurance
c. Other financial intermediation
11. Real Estate, Renting & other Business
Activities
12. Public Admin and Defense
13. Education
14. Health and Social Work
15. Community, Social and
Personal Services
At Constant Price GDP Growth Rate
( percent)
Source: Bangladesh Bureau of Statistics (BBS)

2006-07
4.69
4.43
5.49
5.24
4.07
8.33
8.03
8.80
9.72
9.74
9.69
2.10
1.08
7.37
7.08
7.01
8.04
7.52
8.03

2007-08
2.93
2.67
2.44
5.47
4.18
8.94
8.26
10.01
7.21
7.26
7.10
6.77
6.68
7.72
6.00
5.68
6.82
7.55
8.55

2008-09
4.10
4.02
3.48
5.69
4.16
9.84
9.15
10.90
6.68
6.58
6.90
5.91
5.39
8.42
8.39
5.70
6.21
7.58
8.01

2009-10
5.56
6.13
3.38
5.23
4.15
8.80
8.12
9.84
6.50
5.98
7.77
7.28
7.21
7.51
7.77
6.01
5.87
7.61
7.69

2010-11
5.09
5.65
3.48
3.90
5.25
4.80
1.05
10.43
9.45
10.94
5.84
6.63
7.33
0.82
8.99
6.51
6.31
7.55
5.69

2011-12
2.46
1.95
3.39
4.42
5.39
7.79
4.99
11.63
9.37
10.52
6.45
12.03
13.15
4.27
11.54
7.57
5.63
7.58
6.62

2012-13*
1.18
0.15
3.49
4.47
5.52
11.12
10.28
12.21
9.34
10.32
6.76
8.57
8.63
9.16
6.56
8.05
4.69
7.63
6.70

4.18
1.73
2.01
8.93
23.29
9.18
9.34
8.21
11.62

4.54
2.54
6.20
8.45
21.64
8.89
8.38
10.03
12.47

5.17
2.46
7.38
9.64
16.11
8.99
9.05
8.38
11.13

5.98
1.01
9.13
8.15
12.95
11.64
10.47
14.88
16.10

4.13
1.05
8.26
3.50
10.01
9.64
9.04
11.58
10.08

5.5
1.24
13.24
10.66
9.24
11.04
11.33
10.26
9.99

4.82
1.50
14.76
8.41
10.67
8.99
9.27
8.18
8.44

3.76

3.75

8.41
8.96
7.64

6.21
7.80
7.02

3.81

3.89

3.96

4.05

4.07

7.01
8.05
7.20

8.35
9.24
8.10

9.67
9.36
8.35

5.81
7.21
7.91

5.07
9.66
7.51

4.58

4.62

4.70

4.72

4.70

4.76

4.86

6.43

6.19

5.74

6.07

6.71

6.23

6.03

* Provisional

17

Agriculture Sector
In FY 2012-13, the provisional growth rate of broad agriculture sector stood at 2.17 percent
which was 3.11 percent in FY 2011-12.Of this growth performance, the growth of crops and
horticulture sub-sector plunged from 1.95 percent in FY 2011-12 to 0.15 percent in FY 201213.Besides, the estimated total production of cereals (rice, wheat and maize) was 372.66
lakhMetric Tonnes(MT) in FY 2012-13, whichwas increased by 4.27 lakh MTcompared to
368.39 lakh MTof the previous fiscal year.According to provisional data, the production of Amon
andBoroslightly increased to 128.97 lakh MT (0.77 percent), 187.78 lakh MT (0.10 percent) in
FY 2012-13 respectively, while production of wheat and maizeincreased significantly to 12.55
lakh MT (26.13 percent) and 21.78 lakh MT (11.46 percent) respectively compared to what
stood in the previous year. But production of Ausdecreased to 21.58 lakh MT(7.50 percent) in
FY 2012-13 from the previous years production of 23.33 lakh MT.The Government has been
continuing its effort to ensure supply of sufficient fertilizer and irrigation facilities to the farmers.
There has been significant growth in the production of Aus, Boro and Maizebecause of
uninterrupted fertilizer supply, irrigation facilities and favourable weather.
Livestock and forestry sub-sector grew by 3.49 percent and 4.47 percent respectively in FY
2012-13, which were 3.39 and 4.42 percent respectively in the previous fiscal year.The growth
rate of the both Livestock and forestry sub-sector showed consistent increase during this
period.As a result,agriculture and forestry sector grew by 1.18 percent according to the
provisional estimation ofFY 2012-13.
According to the estimate of the Directorate of Fisheries (DOF), the total inland and marine
catches in FY 2012-13 was 33.93 lakh MT where inland and marine catches were 27.79 lakh
MT and 6.14lakh MT respectively. The fisheries sector grew by 5.52 percent in FY 2012-13
compared to that of 5.39 percent in FY 2011-12.

18

Industry Sector
Within the broad industry sector, the provisional growth of mining and quarrying sector was
recorded 11.12 percent in FY 2012-13 which was 7.79 percent in FY 2011-12. In this sector,
natural gas production and crude petroleum grew by 10.28 percent, which was 4.99 percent a
year earlier. The growth rate of other mining and coal sub-sectors stood at 12.21 percent,
whichwas 11.63 percent in the previous fiscal year. Besides, the overallgrowth rate of
manufacturing sector (large, medium and small scale) grew by 9.34 percent in FY 2012-13,
which was 9.37 percent in FY 2011-12. In this sector, the growth rate of large and medium scale
sub-sectorreduced slightly to 10.32 percent from 10.52 percent of the previous year. And small
scale sub-sector grew by 6.76 percent, which was 6.45 percent a year earlier.
According to the provisional estimate of BBS, the Quantum Index of Industrial Production (QIP,
Base year: 1988-89=100), the general index of industrial production (medium and large scale
manufacturing) stood higher at 621.12 in FY2012-13 recording an increase of 8.88 percent over
the preceding year.Indices recording increase in FY2012-13 compared to the preceding year
were: basic metal products;food beverage and tobacco;fabricated metal products;chemical,
petroleum and rubber; non-metallic products and paperand paper products. On the other
handthere was some decrease in indices ofjute,cotton, apparel and leather and woodenproducts
including furniture.Although the Euro zone, Bangladeshs main export destination, experienced
sluggish growth due to sovereign credit crisis, export of Bangladesh remained in the positive
territory.In FY 2012-13, export earnings increased by 11.22 percent compared to the previous
year.
The estimated growth rate of power, gas and water sector was 8.57 percent in FY 2012-13, while
in the previous year it stood at 12.03 percent.In fact, because of the decelerated growth in power
and water sub-sector, the overall growth of this sector has decreased. But, the growth rate of gas
sub-sector stood at 9.16 percent in FY 2012-13, which was4.27 percent of the earlier year.Due to
increasing investment in infrastructure, it was expected that the growth rate in construction sector
would increase to 8.05 percent in FY 2012-13 which was 7.57 percent in the preceding year.

Service Sector
The provisional growth within the broad service sectorrecording increase in FY 2012-13
compared to the preceding year were: hotel and restaurants; transport, storage and
communication; real estate, renting and other business activities; education; community, social
and personal services.On the other hand there was some decrease ingrowth of wholesale and
retail trade; financial intermediations; public administration and defense; health and social
work.According to the provisional data, the output of the wholesale and retail trade was expected
to slide from 5.63 percent of the previous year to 4.69 percent in FY 2012-13. Growth in hotel
and restaurant sector posteda growth of 7.63 percent up from 7.58 percent a year earlier.In
transport, storage and communication sector the growth was estimated at 6.70 percent for FY
19

2012-13, which was 6.62 percent in FY 2011-12. In this sector, air transport and post and
telecommunication sub-sector with an estimated growth of 14.76 percent and 10.67 percent
respectively contributed significantly to GDP.In the previous year, the growth of these two subsectors was estimated at 13.24 and 9.24 percent.Besides, the water transport sub-sector registered
higher growth compared to that of the previous fiscal year.
During FY 2012-13, financial intermediations showed the prospect of an estimated growth rate
of 8.99 percent, which was 11.04 percent in FY 2011-12.All sub-sectorsof financial
intermediations sector were estimated to be declined. The growth rate in the real estate renting
and business activities sector was provisionally estimated at 4.07 percent which was 4.05 percent
in FY 2011-12.Among the other services sectors, the growth rate of public administration and
defense, education, and health and social services were expected to grow at the rate of 5.07
percent, 9.66 percent and 7.51 percent respectively in FY 2012-13. Moreover, community, social
and personal service sector was estimated to grow by 4.86 percent in FY 2012-13, slightly higher
than the growth rate of the previous fiscal year.

Sectoral Shares in GDP at Constant Prices


Table 2.4 represents the sectoral share of GDP at constant prices (Base Year: 1995-96). The table
shows that, the share of the agriculture and forestry sector in GDP at constant prices was 14.33
percent in the FY 2012-13 which was 15.02 percent in FY 2011-12. The contribution of all the
three sub-sectors of agriculture and forestry sector decreased during this period. Similarly the
contribution of fisheries sub-sector marginally slid down from 4.39 percent in FY 2011-12 to
4.37 percent in FY 2012-13. The overall contribution of broad agriculture sector dipped to 18.70
in FY 2012-13 which was 19.42 percent in FY 2011-12.
During FY 2012-13, within the industry sector, GDP growth at constant prices in mining and
quarrying sector slightly increased to 1.34 percent compared to the previous years growth of
1.28 percent.Contribution of manufacturing sector expanded to 19.54 percent of GDP in FY
2012-13 compared to 18.96 percent of the previous fiscal year.The share of power, gas and water
supply and construction sector also increased during this fiscal year compared to the share
recorded a year earlier. On the contrary, the share of broad industry sector reached to 31.99
percent in FY 2012-13, from 31.13 percent of FY 2011-12.
In FY 2012-13, the share of overall service sector in GDP is 49.30 percent which stands slightly
lower than 49.45 percent in the previous year. Within the broad service sector, the contribution
of wholesale and retail trade sector (14.05% of GDP) was the highest in FY 2012-13 which was
slightly less than that of FY 2011-12. The second largest share within the sector was the
transport, storage and communication sector comprising 10.80 percent in FY 2012-13, which
was 10.74 percent a year earlier. The next largest share came from real estate, renting and
business activities (6.73% of GDP), followed by community, social and personal services (6.54%
of DP) sector in FY 2012-13.
20

Table 2.4: Sectoral Share of GDP (percent) at Constant Prices (Base Year: 1995-96)
(In percentage)
Sector/Sub-sector
1. Agriculture and Forestry
a. Crops & horticulture
b. Animal farming
c. Forest and related services
2. Fishing
3. Mining and Quarrying
a. Natural gas & crude petroleum
b. Other mineral resources
4. Manufacturing
a. Large & medium scale
b. Small scale
5. Electricity, Gas & Water Supply
a. Electricity
b. Gas
c. Water
6. Construction
7. Wholesale and Retail Trade
8. Hotel and Restaurants
9. Transport, Storage & Communication
a. Land transport
b. Water transport
c. Air transport
d. Support transport services, storage
e. Post & telecommunication
10. Financial Intermediations
a. Monetary intermediation(Bank)
b. Insurance
c. Other financial intermediation
11. Real Estate, Renting & other
Business Activities
12. Public Administration and Defense
13. Education
14. Health and Social Work
15. Community, Social and Personal
Services
GDP
Source: Bangladesh Bureau of Statistics,

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13*

16.64
12.00
2.88
1.76

16.18
11.64
2.79
1.75

15.91
11.43
2.73
1.75

15.81
11.42
2.65
1.73

15.58
11.32
2.58
1.69

15.02
10.86
2.51
1.66

14.33
10.25
2.45
1.63

4.73

4.65

4.58

4.49

4.43

4.39

4.37

1.18
0.72
0.46

1.21
0.74
0.47

1.25
0.76
0.50

1.29
0.77
0.51

1.26
0.73
0.53

1.28
0.72
0.56

1.34
0.75
0.59

17.55
12.47
5.08

17.77
12.63
5.14

17.90
12.71
5.18

17.94
12.68
5.26

18.41
13.12
5.22

18.96
13.73
5.23

19.54
14.28
5.27

1.57
1.30
0.19
0.09

1.59
1.31
0.19
0.09

1.59
1.31
0.19
0.09

1.60
1.32
0.20
0.09

1.60
1.33
0.19
0.09

1.69
1.41
0.18
0.09

1.73
1.45
0.19
0.10

9.15

9.13

9.12

9.10

9.09

9.20

9.37

14.24

14.37

14.41

14.36

14.33

14.24

14.05

0.69

0.70

0.71

0.72

0.73

0.74

0.75

10.18
6.50
0.85
0.11
0.32
2.40
1.76
1.31
0.37
0.07

10.44
6.42
0.82
0.11
0.33
2.76
1.81
1.34
0.39
0.07

10.65
6.38
0.79
0.12
0.34
3.02
1.86
1.38
0.40
0.08

10.79
6.36
0.75
0.12
0.35
3.21
1.95
1.44
0.43
0.08

10.70
6.21
0.72
0.12
0.34
3.31
2.01
1.47
0.45
0.09

10.74
6.17
0.68
0.13
0.35
3.41
2.10
1.54
0.46
0.09

10.80
6.10
0.65
0.14
0.36
3.56
2.16
1.59
0.47
0.09

7.64

7.49

7.34

7.18

7.00

6.86

6.73

2.75

2.76

2.78

2.84

2.92

2.91

2.88

2.54

2.58

2.64

2.71

2.78

2.81

2.90

2.29

2.31

2.34

2.38

2.42

2.46

2.49

7.09

7.01

6.93

6.83

6.71

6.62

6.54

100.00

100.00

100.00

100.00

100.00

100.00

100.00

* Provisional

The structural changes of the share of broad sectors in GDP are represented in the Table 2.5 and
graph 2.2. From the table and graph, it would be seen that, over the three decades the share of the
industry sector in GDP increased gradually and continued to increase in FY 2012-13. On the
other hand, the service sector contributed at a similar pace over the period.

Table 2.5: Trend of Structural Transformation of Broad Sectoral Shares in GDP and
Growth Rate at Constant Prices (Base Year: 1995-96)
21

Share (in percent)


Sector
Agriculture

1980-81

1985-86

1990-91

1995-96

2000-01

2005-06

2009-10

2010-11

2011-12

2012-13*

33.07

31.15

29.23

25.68

25.03

21.84

20.29

20.01

19.42

18.70

Industry

17.31

19.13

21.04

24.87

26.20

29.03

29.93

30.38

31.13

31.99

Service
Total

49.62

49.73

49.73

49.45

48.77

49.14

49.78

49.60

49.45

49.30

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

100.00

Agriculture

3.31

3.31

2.23

3.10

3.14

4.94

5.24

5.13

3.11

2.17

Industry
Service

5.13

6.72

4.57

6.98

7.45

9.74

6.49

8.20

8.90

8.99

3.55

4.10

3.28

3.96

5.53

6.40

6.47

6.22

5.96

5.73

GDP
(At producer
prices)

3.74

3.34

3.24

4.47

5.41

7.02

6.22

6.59

6.28

6.06

Average growth rate (in percent)

Source: Bangladesh Bureau of Statistics (BBS)

* Provisional

Expenditure Based GDP


The GDP based on expenditure is presented in Table 2.6 and the consumption, saving and
investment situation are presented in Table 2.7. According to the provisional data, on the
expenditure side, consumption accounted for 80.75 percent of GDP in FY 2012-13which
increased by 0.01 percentage point of GDP compared to that of the previous year. Increased
agricultural output induced domestic demand and the expansion of social safety-net of the
government added up the overall growth in consumption.In Table 2.7 it is evident that, domestic
savings and national savings were 19.26 percent and 29.18 percent of GDP respectively in FY
2011-12.The provisional estimates of BBS for both domestic and national savings stand at 19.25
percent and 29.51 percent of GDP in FY 2012-13 respectively. It indicates that growth in
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national saving increased in FY 2012-13 because of the high growth of remittance though the
domestic saving remained thesame compared to the previous fiscal year.

Table: 2.6: Expenditure Based Gross Domestic Product at Current Prices


(In crore Taka.)

Item
1. Domestic Demand [(2)+(3)]
2. Consumption
Public
Private
3. Investment
Public

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

491908

567104

6411311

724282

843400

984978

1116758

376317

434971

491291

554771

643022

741287

8381453

26106

28831

32354

37272

46087

51290

56930

350212

406140

458939

517499

596935

689998

781215

115590

132132

149839

169511

200378

243691

278613

25729

27042

28898

34820

44934

59655

81486
197127

Private

89862

105090

120942

134691

155444

184036

4. Net Export
5. Gross Domestic Expenditure

-32723

-45914

-43803

-45895

-69390

82177

84567

459185

521190

597328

678386

774010

902802

1032191

6. Gross Domestic Product

472477

54583

614795

694324

796704

918141

1037987

24638

17467

15938

22694

15340

5796

7. Statistical Discrepancy

13292
Source: Bangladesh Bureau of Statistics * Provisional

Inthe caseofinvestments,the large-scale investment in infrastructure sector including power and


the faster implementation of Annual Development Programme (ADP) pushed up the level of
public investment in FY 2012-13.During this period, thegross investment accelerated to 26.84
percent of GDP from 26.54 percent in the previous fiscal year.Of this, gross private investment
marginally went down to 18.99 percent of GDP, from 20.04 percent of GDP in FY 2011-12.
However, public investment increased to 7.85 percent of GDP, from 6.50 percent in FY 2011-12.
Table: 2.7: Consumption, Savings and Investment (As percent of GDP)
Item
1. Consumption
Public
Private
2. Investment
Public
Private
3. Domestic Savings
4. National Savings
Source: Bangladesh Bureau of Statistics

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

79.69

79.91

79.90

80.71

80.74

80.75

5.28

5.26

5.37

5.78

5.59

5.48

74.41

74.65

74.53

74.93

75.15

75.26

24.21

24.37

24.41

25.15

26.54

26.84

4.95

4.70

5.01

5.64

6.50

7.85

19.25

19.67

19.40

19.51

20.04

18.99

20.31

20.09

20.10

19.29

19.26

19.25

30.21

29.57

30.02

28.78

29.18

29.51

* Provisional Please use font 8 for the source

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It is expected that investment would be boosted up throughinfrastructural development,


expanding the coverage of electrification rapidly, energy diversification, extension and
development of railways, roads, waterways together with land ports, sea ports and airportsand
implementation of infrastructure relatedprogrammes planned under ADP and PPP initiatives. All
these altogetherwill help achieve higher trajectory of growth.

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