BBS to reintroduce district-wise GDP calculation

Business Desk :
With the quarterly publication of the country’s gross domestic product (GDP), the Bangladesh Bureau of Statistics (BBS) is set to reintroduce district-wise GDP calculation. It is expected to be reintroduced in FY24.

BBS was used to calculate district-wise GDP earlier. At that time, it was easier to know which district is ahead and which district is lagging as per GDP growth.
Calculation of district-wise GDP was stopped about 20 years ago.

This time, the project is aimed at establishing physical and soft infrastructure, conducting surveys and studies and compiling district GDP data.
Additionally, it seeks to enhance the existing system of quarterly GDP.

Requesting anonymity, BBS officials informed that the Statistics and Informatics Division (SID) has already submitted a project proposal with an estimated cost of Tk37.91 crore.
The Energy Division of the Planning Commission recently approved the project subject to complying with certain recommendations.
Furthermore, officials said that the formulation of district GDP is not contingent upon the completion of the proposed project and hinted that district GDP publication is expected by FY25.