The per capita income of Bangladesh has recently witnessed a jump of 7.9 per cent from $2,064 in FY 2019-20 to $2,227 in this fiscal and the amount is equivalent to Tk188,873.
Planning Minister MA Mannan revealed the data on Monday and informed that Tk188,873 has been calculated at the rate of Tk84.81 against per dollar.
As per the primary data, the country’s GDP has also increased to TK3,087,300 crore from TK2,796,358 crore.
In this fiscal year (2020-21), Bangladesh surpassed India in per capita income and many indices of economic or human development.
Bangladesh’s per capita income is now $280 higher than India’s $1,947. In 2007, the per capita income of Bangladesh was half of that of India.
It is forecasted by IMF’s latest World Economic Outlook that Bangladesh will overtake the giant neighbour in per capita GDP once again in 2025.