Bangladesh economy marches ahead: Kamal

Bangladesh keeps on marching ahead as the country’s economy is now at the 44th position globally with a GDP size of $ 205.3 billion as per the GDP based on current prices of 2015, reports UNB.
Planning Minister AHM Mustafa Kamal said this in the ECNEC meeting about the recent position of Bangladesh economy globally through a banner titled ‘Bangladesh is moving ahead, the latest position of Bangladesh in the global economic arena.’
Prime Minister Sheikh Hasina presided over the meeting held at the NEC conference room in the city.
The necessary data in this regard were collected from the World Development Indicators database, World Bank, April 2015 and the IMF World Economic Outlook (WEO), April 2015.
According to the GDP based on current prices of 2015, the United States is holding the first position with a GDP size of $18,124.70 billion followed by China with a GDP size of $11,211.90 billion, Japan with a GDP size of $4,210.40 billion, Germany with a GDP size of $3,413.50 billion and United Kingdom with a GDP size of $2,853.40 billion.
Although Bangladesh is at the 44th place, it is still ahead of countries like Vietnam, Kazakhstan, Portugal, Qatar, New Zealand and Peru as per the GDP based on the current prices of 2015.
According to the GDP based on current prices of 2013, Bangladesh’s economy was at the 58th place with a GDP size of $ 149,990 million.  
However, the US was at the top with $ 16,768,100 million while Vietnam was at the 57th position with $ 1,71,390 million.
Considering GDP based on purchasing power parity 2015, Bangladesh has upgraded its position with a ranking of 33 with a GDP size of $ 572.4 billion ahead of Algeria, Vietnam, Iraq, Venezuela, Belgium and Switzerland.
However, as per the GDP based on purchasing power parity of 2013, the position of Bangladesh in global economic arena was at 36 with GDP size of $ 461,644 million ahead of Switzerland, Sweden, Singapore, Ukraine, Hong Kong and Qatar.
Speaking after the ECNEC meeting, the planning minister said they want to move ahead with a smooth pace in terms of project implementation in the next year and the subsequent years utilising the resources properly.
BSS adds: Commenting on the report, Prime Minister Sheikh Hasina said: "We have been maintaining over 6 per cent GDP growth since last six years, which is a great achievement for the country and all the people of the country have contributed for the achievement."
"We've to pull the country's economy ahead through the effective management of resources what we have . . . and I hope the existing trend of economicdevelopment would boost further," he added. 

Bangladesh economy marches ahead: Kamal

Bangladesh keeps on marching ahead as the countrys economy is now at the 44th position globally with a GDP size of $ 205.3 billion as per the GDP based on current prices of 2015, reports UNB. Planning Minister AHM Mustafa Kamal said this in the ECNEC meeting about the recent position of Bangladesh economy globally through a banner titled Bangladesh is moving ahead, the latest position of Bangladesh in the global economic arena. Prime Minister Sheikh Hasina presided over the meeting held at the NEC conference room in the city. The necessary data in this regard were collected from the World Development Indicators database, World Bank, April 2015 and the IMF World Economic Outlook (WEO), April 2015. According to the GDP based on current prices of 2015, the United States is holding the first position with a GDP size of $18,124.70 billion followed by China with a GDP size of $11,211.90 billion, Japan with a GDP size of $4,210.40 billion, Germany with a GDP size of $3,413.50 billion and United Kingdom with a GDP size of $2,853.40 billion. Although Bangladesh is at the 44th place, it is still ahead of countries like Vietnam, Kazakhstan, Portugal, Qatar, New Zealand and Peru as per the GDP based on the current prices of 2015. According to the GDP based on current prices of 2013, Bangladeshs economy was at the 58th place with a GDP size of $ 149,990 million. However, the US was at the top with $ 16,768,100 million while Vietnam was at the 57th position with $ 1,71,390 million. Considering GDP based on purchasing power parity 2015, Bangladesh has upgraded its position with a ranking of 33 with a GDP size of $ 572.4 billion ahead of Algeria, Vietnam, Iraq, Venezuela, Belgium and Switzerland. However, as per the GDP based on purchasing power parity of 2013, the position of Bangladesh in global economic arena was at 36 with GDP size of $ 461,644 million ahead of Switzerland, Sweden, Singapore, Ukraine, Hong Kong and Qatar. Speaking after the ECNEC meeting, the planning minister said they want to move ahead with a smooth pace in terms of project implementation in the next year and the subsequent years utilising the resources properly. BSS adds: Commenting on the report, Prime Minister Sheikh Hasina said: We have been maintaining over 6 per cent GDP growth since last six years, which is a great achievement for the country and all the people of the country have contributed for the achievement. Weve to pull the countrys economy ahead through the effective management of resources what we have . . . and I hope the existing trend of economicdevelopment would boost further, he added.