Changes of GDP During 2009 to 2013 and its impacts on

Bangladeshi Economy

Understanding the economic trend of any economy we need to look the current condition of the

macroeconomics variables such as inflation rate, unemployment rate, GDP growth and exchange

rate of the economy. The following table will show some statistical data regarding the current

economic trend in Bangladesh:

Period

(Month/Year)

GDP( taka

in core) at

constant

market

price

Growth

Rate

Inflation

(CPI

2005-06

base)

Unemployment Balance of

trade

Weighted

Average

Exchange

rate in US

dollar (End

Period)

As of April,

2013

Not given Not

given

8.37 Not given -65344 77.9326

2011-2012 409378 6.32 5.56 5 -100650 81.8158

2010-2011 385050 6.71 11.14 4.8 -95597 74.1493

2009-2010 360845 5.74 Not given 5.1 -62095 69.4410

From the above table we can see that Bangladesh has consistent growth in GDP having several

negative trends in other macroeconomic scenario inflation, unemployment, and balance of trade.

If we look at GDP we can see that GDP of 2011-12 is 409378 core taka which 6.32% higher than

the previous GDP. Then if we look at inflation we can see that inflation has reached at 8.37 that

were 5.56 in period fiscal year. After that if we look at unemployment then we can see that here

is also negative trend which is reached at 5 that was 4.8. On the other hand balance of trade

always remains negative all the period.

Continuous growth is good trend in economy of Bangladesh, but rising inflation along with the

increasing unemployment may be a bed trend for the economy, on the other hand negative

balance of trade always a negative trend for the economy. There are also some factors that also

reduce the GDP rate they are decrease of foreign investment, political instability and so on. So

Government of Bangladesh should take necessary steps for resolving those problem otherwise

we will not meet our Expected GDP which is a great source for economic development.

Submitted By

Kaushik Ghosh

ID: 12364017

Program: MBA

BRAC Business School

Submitted To

Ziaul H. Siddqui

Course Coordinator: Macroeconomics and Forecasting

Submission Date: 28/09/13