Bangladesh - Government Consumption





Bangladesh: Government Consumption

Mnemonic G.IBGD
Unit Mil. BDT
Annual 13.22 %
Data 2023 2,551,932
2022 2,253,938

Series Information

Source Bangladesh Bureau of Statistics
Release National Accounts
Frequency Annual
Start Date 12/31/2016
End Date 12/31/2023

Bangladesh: GDP

Reference Last Previous Units Frequency
Government Consumption 2023 2,551,932 2,253,938 Mil. BDT Annual
Investment 2023 13,874,495 12,598,820 Mil. BDT Annual
Real Investment 2023 10,522,439 10,074,859 Mil. FY 2016 BDT Annual
Nominal Fixed Investment (gross fixed capital formation) 2017 6,028,302,000,000 5,138,386,000,000 NCU Annual
Real Fixed Investment (gross fixed capital formation) 2017 3,116,884,000,000 2,829,704,000,000 NCU Annual

Release Information

For Bangladesh, extracts of the annual national accounts: GDP by expenditure category (GDP(E)), gross national income (GNI) and net national income (NNI), gross value added by industry (GDP(O)). GDP, GNI, and NNI are reported as total volumes as well as per capita figures. Values may be reported in current prices, constant prices, or both. Population and per capita figures, growth rates, deflator, BDT-USD exchange rate (FX).

GDP is a fair indicator to gauge the health of an economy. The time series data helps in making a comparative evaluation on how an economy has been performing over a period of time. The other indicators such as per capita GDP, GNI and NNI also help in understanding an economy with deeper insight.

Active:

  • Framework: UN SNA 1993
  • Industry classification: UN ISIC Rev. 3
  • Measurements:
    • Millions of Bangladeshi taka at constant fiscal year-2016 prices (Mil. FY 2016 BDT)
    • At current prices (Mil. BDT)
    • Unitary (BDT)
    • Unitary U.S. dollars (USD)
    • Exchange rate, taka per U.S. dollar (BDT per USD)
    • Millions of persons (Mil. #)
    • Year-over-year percent change (% Y/Y)
  • Adjustment: Not applicable
  • Native frequency: Annual
  • Start date: As early as 2006

Predecessor:

  • At FY 2006 prices - As early as 2006 to uniformly 2021 ("_06")
  • At FY 1996 prices - As early as 2003 to as late as 2012 ("_05")

The Bangladesh Bureau of Statistics (BBS) produces and disseminates the data on an annual basis. The estimates provided are based on the concepts and classifications of the "1993 System of National Accounts." GDP by expenditure category is calculated as the sum of the final use of goods and services through final consumption, capital formation and exports less imports.

GDP by sector data is based on data derived from a variety of sources such as annual or periodic censuses and surveys and administrative records. Ad hoc surveys or special studies are also used for benchmark estimates or for deriving parameters for indirect estimation.

Potentially.

Date translation for Data Buffet

Data are reported by fiscal year, which runs from July 1 to June 30. We bank data in the second calendar year, e.g., data reported by BBS as "2020-2021" is banked as "2021."

Further reading

At IMF (e-GDDS):