Economic condition of bangladesh

Revenues calculated on an exchange rate basis, i. This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.

Economic condition of bangladesh

Revenues calculated on an exchange rate basis, i.

This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.

Countries with high budget deficits relative to their GDPs generally have more difficulty raising funds to finance expenditures, than those with lower deficits. No date was available from the Wikipedia article, so we used the date of retrieval.

This entry briefly describes the type of economyincluding the degree of market orientation, the level of economic development, the most important natural resourcesand the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.

This entry provides the total US dollar amount of merchandise exports on an f. These figures are calculated on an exchange rate basis, i. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

This entry gives the gross domestic product GDP or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity PPP exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.

This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States for example, the value of an ox-cart or non-US military equipment ; as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services.

In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision.

Per capita figures expressed per 1 population. This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year.

Figures expressed per capita for the same year. GNI formerly GNP is the sum of value added by all resident producers plus any product taxes less subsidies not included in the valuation of output plus net receipts of primary income compensation of employees and prop.

Economic condition of bangladesh

This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices. Population below poverty line: National estimates of the percentage of the population lying below the poverty line are based on surveys of sub-groups, with the results weighted by the number of people in each group.

Definitions of poverty vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. This entry records the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency.

Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.

This entry contains the percent of the labor force that is without jobs. Substantial underemployment might be noted. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total percent of GDP if the data are complete.

Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction.Dec 21,  · Bangladesh is a developing economy growing with an annual growth rate of around 6 per cent, striving to become a member of the middle income group.

The per capita income and GDP size of Bangladesh are also growing with time. In Bangladesh, Women are especially Vulnerable because of the Gender inequalities in the Socio- economic and Political institutions.

What are 'Economic Conditions'

During the Cyclone and Storm surge in Bangladesh, the death rate in case of women was almost five times higher than the men. Economic Development of Bangladesh Economy of Bangladesh Economic Position in World: The economy of Bangladesh is a rapidly developing market-based economy.

Its per capita income in was est. US$1, (adjusted by purchasing power parity). The Recent National Condition of Bangladesh Economy: Garments Sector. INTRODUCTION At independence in , most observers of the newly emerged country took a pessimistic view about the developmental prospect of Bangladesh.

Bangladesh has not managed to attract high levels of foreign direct investment (FDI), but the strong performance of remittance inflows has taken on the role of FDI in bolstering the foreign exchange account and smoothing out fluctuations in GDP due to varying domestic economic conditions.

Bangladesh is one of the world's poorest nations, with overpopulation adding to its economic woes, and it is heavily reliant on foreign aid. The country's economy is based on agriculture. Rice, jute, tea, sugarcane, tobacco, and wheat are the chief crops.

Economic Conditions in Bangladesh - Assignment Point