Thursday, June 20, 2024


Dhaka Tribune

BBS to reintroduce district-wise GDP calculation

Statistics and Informatics Division (SID) submitted a project proposal with an estimated cost of Tk37.91 crore

Update : 29 May 2023, 09:03 PM

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.

However, by providing district GDP data, the project looks to assist the government and policymakers in formulating a sustainable development plan. This data will again enable ranking of divisions and districts based on resource availability and vulnerability.

Zahid Hussain, lead economist consultant of the World Bank said earlier: “There is no demand for marginal calculation of GDP among policymakers. As a result, there is no motivation among BBS officials. If there is no awareness among policymakers to obtain up-to-date data, the data will be influenced by nepotism and political considerations.”

He also said: “It is not that BBS does not have a skilled workforce. There is a lack of effective leadership. They have no professional attitude.”

The economist also believes that district GDP will be instrumental in identifying constraints and potential at the district level and the data will play a crucial role in local-level economic planning.

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