Question

Question: Describe "Bangladesh" Consumption spending  - (2000 - 2019)

Note: Please write a 2 or more paragraph

Answer 1

• Consumer spending is the total money spent on final goods and services by individuals and households for personal use and enjoyment in an economy. Contemporary measures of consumer spending include all private purchases of durable goods, nondurable goods, and services.

About Bangladesh consumption spendings : The average value for Bangladesh during that period was 77.81 percent with a minimum of 68.67 percent in 2017 and a maximum of 88.88 percent in 1984. The latest value from 2019 is 68.98 percent.

Bangladesh's GDP Per Capita reached 1,970.000 USD in Jun 2020, compared with 1,828.000 USD in Jun 2019. Bangladesh GDP Per Capita data is updated yearly, available from Jun 1960 to Jun 2020, with an average number of 293.160 USD. The data reached an all-time high of 1,970.000 USD in Jun 2020 and a record low of 89.035 in Jun 1960.

Bangladesh’s Private Consumption Expenditure was reported at 225.756 USD bn in Dec 2020. This records an increase from the previous number of 207.883 USD bn for Dec 2019.The data reached an all-time high of 225.756 USD bn in 2020 and a record low of 14.729 USD bn in 1983