TOOL · GROSS COST

How much would a basic income cost in Bangladesh?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 122,837,439child population 48,629,551year 2023World Bank WDI

GROSS ANNUAL COST

1,412,661 million

in BDTBDT 1,412,661,259,200

Equal to 3.0% of reference GDP

Population covered: 171,466,990 people

Adults: 122,837,439 × BDT 800 × 12 = BDT 1,179,239,414,400

Children: 48,629,551 × BDT 400 × 12 = BDT 233,421,844,800

BDT 1,179,239,414,400 + BDT 233,421,844,800 = BDT 1,412,661,259,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $437,415,333,018 · World Bank WDI

Currency BDT · exchange rate 106.3095 BDT/USD (2023)

Converted cost $13,288,195,955 for the GDP share.