DHAKA: Bangladesh economy is currently ranked at the 44th position globally, surpassing its previous 58th place in 2013, with a GDP size of US $205.3 billion as per the Gross Domestic Product (GDP) based on current prices of 2015.

An analysis of World Development Indicators by World Bank (WB) confirms the matter.

Besides, based on the purchasing power parity (PPP) 2015, Bangladesh also upgraded its position by three steps, occupying 33rd place from 36th place in 2013.

This suggests that the country is moving forward towards its aspirations to become a middle income country by 2021.

Bangladesh has been achieving a GDP of 6.2 percent for the last six years that drew attention of the world.

AS per the last calculations, per capita income of Bangladesh is now US $1,314, the forex reserve crossed 24 billion and the export income is 30 billion.

Around five crore people have risen to middle class status from lower class.

The poverty rate was 48.9 percent in 2000 that came down to 40 in 2005. The rate came down to 31.5 in 2010 and currently 24 percent.

The government has announced to bring down the poverty rate another 10 percent by 2018.

The government also has successfully managed to bring down the inflation rate to 6.3 percent.

BDST: 1800 HRS, JUN 10, 2015
SR/RR/SMS