GDP growth rate hits record

Gross domestic product (GDP) growth rate in fiscal year 2015-16 hits record as it grew 7.11 percent, according to Bangladesh Bureau of Statistics.

In fiscal year 2013-14 and 2012-13, the GDP growth rate was 6.06 and 6.01 percent respectively. In FY 2011-12, it was 6.52 percent.

Bangladesh’s GDP growth had long been hovering between 6 percent and 7 percent, so the country finally got out of the growth trap in the last fiscal year.