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Investment ratio to GDP rises in FY16

11 Jun,2016

 

Dhaka, BdChronicle:

The investment ratio to GDP in the outgoing fiscal year (FY16) slightly rose to 29.38 percent compared to the previous fiscal year with the share of public investment increasing to 7.60 percent while that of private investment to 21.78 percent.

The Bangladesh Economic Survey, 2016 revealed this quoting the provisional figures of the Bangladesh Bureau of Statistics (BBS).

The survey data showed that investment ratio to the GDP was 28.89 percent in the 2014-15 fiscal year due to the development in investment situation.

The private sector investment ratio to the GDP was then 22.07 percent while the government investment ratio 6.82 percent.

The investment ratio to the GDP in the 2013-14 fiscal was 28.58 percent, including 22.03 percent private investment and 6.55 percent government investment.

The Economic Survey figures revealed that the domestic savings ratio to the GDP in the FY16 increased to 23.89 percent compared to 22.16 percent in the previous fiscal year FY15.

The gross national savings ratio to the GDP also increased to 30.08 percent in FY16 compared to 29.02 percent recorded in the previous fiscal FY15 due to low growth in remittance inflow.

The investment ratio to the GDP has been hovering over 26 percent in the last couple of years. It was 26.19 percent in the 2007-08, 26.19 percent in 2008-09, 26.23 percent in the 2009-10, 27.39 percent in the 2010-11, 28.26 percent in 2011-12 and 28.39 percent in 2012-13 fiscal year.

The domestic savings ratio to the GDP also floated over 20 percent for the previous couple of fiscal years. It was 20.39 percent in 2008-09, 20.86 percent in 2009-10, 20.70 percent in 2010-11, 21.22 percent in 2011-12 and 22.04 percent in 2012-13.



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