Investment ratio to GDP grows in FY16
The investment ratio to GDP in the outgoing fiscal year (FY16) slightly increased to 29.38 per cent compared to the previous fiscal year.
Public investment increased to 7.60 per cent while that of private investment to 21.78 per cent in FY16. 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 per cent 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 per cent while the government investment ratio 6.82 per cent.
The investment ratio to the GDP in the 2013-14 fiscal was 28.58 per cent, including 22.03 per cent private investment and 6.55 per cent government investment.
The Economic Survey figures revealed that the domestic savings ratio to the GDP in the FY16 increased to 23.89 per cent compared to 22.16 per cent in the previous fiscal year FY15.
The gross national savings ratio to the GDP also increased to 30.08 per cent in FY16 compared to 29.02 per cent recorded in the previous fiscal FY15 due to low growth in remittance inflow.
The investment ratio to the GDP is hovering over 26 per cent in the last couple of years. It was 26.19 per cent in the 2007-08, 26.19 per cent in 2008-09, 26.23 per cent in the 2009-10, 27.39 per cent in the 2010-11, 28.26 per cent in 2011-12 and 28.39 per cent in 2012-13 fiscal year.
The domestic savings ratio to the GDP also floated over 20 per cent for the previous couple of fiscal years. It was 20.39 per cent in 2008-09, 20.86 per cent in 2009-10, 20.70 per cent in 2010-11, 21.22 per cent in 2011-12 and 22.04 per cent in 2012-13, according to UNB. –RH
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