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M.Shahriar Himel
131-130-0-135
Contributions of Garments Industry
in the GDP growth of Bangladesh
that have subsequent impacts on the
economic development
What is GDP?
Gross domestic product (GDP) is the
monetary value of all the finished
goods and services produced within
a country's borders in a specific time
period.Though GDP is usually
calculated on an annual basis, it can
be calculated on a quarterly basis as
well.
Bangladesh GDP growth rate
The Gross Domestic Product (GDP) in Bangladesh expanded 6.51
percent in 2015 from the previous year. GDP Growth Rate in Bangladesh
averaged 5.66 percent from 1994 until 2015, reaching an all time high of
6.63 percent in 2006 and a record low of 4.08 percent in 1994. GDP
Growth Rate in Bangladesh is reported by the Bangladesh Bank.
GDP growth by sector
Bangladesh’s RMG export in GDP
Exports in Bangladesh decreased to
187.48 BDT Billion in April from
210.27 BDT Billion in March of 2016.
Exports in Bangladesh averaged
35.79 BDT Billion from 1972 until
2016, reaching an all time high of
211.99 BDT Billion in August of 2015
and a record low of 0.05 BDT Billion
in February of 1972. Exports in
Bangladesh is reported by the
Bangladesh Bank.
Bangladesh’s RMG export in GDP
75.65%
4.22%
2.60%
2.19%
1.77% 1.21%
0.72% 0.06% 11.56%
Major Products Export From Bangladesh And Contribution to GDP
RMG
Frozen Food
Jute Goods
Leather
Chemical Products
Raw Jute
Agri Products
Tea
Others
Year-wise/Schedule Textile and apparels
Distribution Investment(in cror.)
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
2007 2008 2009 2010 2011 2012 2013
22,193
10,730 9,200
26,566 26,174
14839
81667
Textiles and Apparels
Textiles and Apparels
Comparative Statement on Export of RMG
and Total Export of Bangladesh
2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
EXPORT OF RMG (IN MILLION US$) 9211.23 10699.8 12347.77 12496.72 17914.46 19089.69 21515.73
TOTAL EXPORT OF BANGLADESH (IN MILLION US$) 12177.86 14110.8 15565.19 16204.65 22924.38 24287.66 27018.26
0
5000
10000
15000
20000
25000
30000Value
Comparative Statement on Export Of RMG And Total Export Of Bangladesh
Comparative Statement on Export of RMG
and Total Export of Bangladesh
0
75.64
75.83
79.33
77.12
78.15
78.6
79.63
% OF RMG'S TO TOTAL EXPORT
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
Contribution to National Economy
The sector contributes 38% industrial value addition.
Earns around 78% of total export earnings.
Employs around 4.5 million workforce of which majority is women
Generates huge cliental base for Banking, Insurance, Shipping,
Transport, Hotel, Cosmetics,Toiletries and related other economic activities.
Provides indirect employment to 0.80 million workforces in accessories
industries related to garments.
Provides 0.2 million job to waste recycle industry related to RMG sub- sector.
Contributes 10.50% to GDP through RMG sub-sector
Thank you
Any
Query?

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Contributions of Garments Industry in the GDP growth of Bangladesh that have Subsequent Impacts on the Economic Development

  • 2. Contributions of Garments Industry in the GDP growth of Bangladesh that have subsequent impacts on the economic development
  • 3. What is GDP? Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well.
  • 4. Bangladesh GDP growth rate The Gross Domestic Product (GDP) in Bangladesh expanded 6.51 percent in 2015 from the previous year. GDP Growth Rate in Bangladesh averaged 5.66 percent from 1994 until 2015, reaching an all time high of 6.63 percent in 2006 and a record low of 4.08 percent in 1994. GDP Growth Rate in Bangladesh is reported by the Bangladesh Bank.
  • 5. GDP growth by sector
  • 6. Bangladesh’s RMG export in GDP Exports in Bangladesh decreased to 187.48 BDT Billion in April from 210.27 BDT Billion in March of 2016. Exports in Bangladesh averaged 35.79 BDT Billion from 1972 until 2016, reaching an all time high of 211.99 BDT Billion in August of 2015 and a record low of 0.05 BDT Billion in February of 1972. Exports in Bangladesh is reported by the Bangladesh Bank.
  • 7. Bangladesh’s RMG export in GDP 75.65% 4.22% 2.60% 2.19% 1.77% 1.21% 0.72% 0.06% 11.56% Major Products Export From Bangladesh And Contribution to GDP RMG Frozen Food Jute Goods Leather Chemical Products Raw Jute Agri Products Tea Others
  • 8. Year-wise/Schedule Textile and apparels Distribution Investment(in cror.) 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 2007 2008 2009 2010 2011 2012 2013 22,193 10,730 9,200 26,566 26,174 14839 81667 Textiles and Apparels Textiles and Apparels
  • 9. Comparative Statement on Export of RMG and Total Export of Bangladesh 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 EXPORT OF RMG (IN MILLION US$) 9211.23 10699.8 12347.77 12496.72 17914.46 19089.69 21515.73 TOTAL EXPORT OF BANGLADESH (IN MILLION US$) 12177.86 14110.8 15565.19 16204.65 22924.38 24287.66 27018.26 0 5000 10000 15000 20000 25000 30000Value Comparative Statement on Export Of RMG And Total Export Of Bangladesh
  • 10. Comparative Statement on Export of RMG and Total Export of Bangladesh 0 75.64 75.83 79.33 77.12 78.15 78.6 79.63 % OF RMG'S TO TOTAL EXPORT 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
  • 11. Contribution to National Economy The sector contributes 38% industrial value addition. Earns around 78% of total export earnings. Employs around 4.5 million workforce of which majority is women Generates huge cliental base for Banking, Insurance, Shipping, Transport, Hotel, Cosmetics,Toiletries and related other economic activities. Provides indirect employment to 0.80 million workforces in accessories industries related to garments. Provides 0.2 million job to waste recycle industry related to RMG sub- sector. Contributes 10.50% to GDP through RMG sub-sector