counter code
Home Business The contribution of gas, electricity and water to GDP is negligible even as prices rise

The contribution of gas, electricity and water to GDP is negligible even as prices rise

by endroar
Rate this post

The five sectors that contributed the least
The electricity, gas and water supply sector has the lowest contribution to GDP as a percentage. Then there are the mining and quarrying sectors in the second to fifth position respectively; financial and insurance activities; Arts-culture and entertainment and housing, professional and administrative services sectors. In percentage terms, the contribution of the mining and quarrying sector to the GDP of the second quarter of the current financial year was 1.72 percent, the financial and insurance activities sector was 3.16 percent, the arts-culture and entertainment sector was 4.85 percent and the contribution of the housing, professional and administrative services sector was 9.00 percent. 02 percent.

According to BBS calculations, the market value of goods and services in these sectors is not very high compared to the size of GDP. The combined contribution of the mentioned five sectors to the current fiscal year's GDP in percentage terms was less than one-fifth.

Now let's see what amount of goods and services have been produced in these sectors during the period of last October to December. According to BBS, in these three months, the market value of products produced in the electricity, gas and water supply sector was Tk 14,640 crore, the mining and quarrying industry produced Tk 21,638 crore, the market value of financial and insurance services was Tk 39,738 crore, industry – The market value of culture and entertainment sector services was Tk 60 thousand 911 crores and the market value of housing, professional and administrative sector services was Tk 1 lakh 13 thousand 258 crores. In all, the combined market value of the products and services produced by these five sectors was about two and a half lakh crore taka.

source

related posts

Leave a Comment