This page has economic forecasts for Bangladesh including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bangladesh economy.


Overview Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.20 4.3 4.3 4.3 4.3 4.4 percent
Inflation Rate 5.40 5.7 5.8 6 6.1 6.5 percent
Interest Rate 6.00 6 6 6 6 6 percent
Balance of Trade -116.60 -120 -183 -174 -154 -160 BDT Billion
Government Debt to GDP 27.10 27 25.9 25.9 25.9 25.5 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 83.60
84.72 85.29 85.88 86.46 88.84
Stock Market 5244.62
points
5321 5272 5223 5175 4987
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 7.30
percent
7.2 7.1 7.1 7.1 7
GDP 249.72
USD Billion
267 286 286 286 305
GDP Constant Prices 9478.98
BDT Billion
10161 10152 10152 10152 11645
Gross National Product 9872.56
BDT Billion
10583 10574 10574 10574 12128
Gross Fixed Capital Formation 7043.96
BDT Million
6462 6456 6456 6456 8072
GDP per capita 1093.05
USD
1156 1253 1253 1253 1336
GDP per capita PPP 3523.98
USD
3631 3715 3715 3715 4282
GDP From Agriculture 10117.30
BDT Million
10846 10836 10836 10836 12429
GDP From Construction 6695.10
BDT Million
7177 7170 7170 7170 8225
GDP From Manufacturing 19776.50
BDT Million
21200 21181 21181 21181 24295
GDP From Mining 1633.00
BDT Million
1751 1749 1749 1749 2006
GDP From Public Administration 3361.50
BDT Million
3604 3600 3600 3600 4130
GDP From Services 127417.00
BDT Million
136591 136464 136464 136464 156529
GDP From Transport 10246.30
BDT Million
10984 10974 10974 10974 12587
GDP From Utilities 138196.00
BDT Million
148146 148008 148008 148008 169771
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.20
percent
4.3 4.3 4.3 4.3 4.4
Employed Persons 60.80
Million
59 58 57 57 57
Wages 13258.00
BDT/Month
13500 14200 14200 14200 15100
Population 161.80
Million
163 165 165 165 167
Living Wage Family 15100.00
BDT/Month
12300 12900 12900 12900 13300
Living Wage Individual 8080.00
BDT/Month
8600 9800 9800 9800 10000
Minimum Wages 5300.00
BDT/Month
5300 5300 5300 5300 5300
Unemployed Persons 2.70
Million
2.8 2.83 2.86 2.88 3.11
Retirement Age Men 59.00
59 59 59 59 59
Retirement Age Women 59.00
59 59 59 59 59
Wages High Skilled 9690.00
BDT/Month
9900 9900 9690 10400 10900
Wages Low Skilled 5210.00
BDT/Month
4850 4920 5210 4920 5000
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 5.40
percent
5.7 5.8 6 6.1 6.5
Consumer Price Index CPI 259.13
Index Points
259 263 262 273 293
GDP Deflator 219.37
Index Points
219 231 231 231 244
Export Prices 182.34
Index Points
212 225 225 225 237
Import Prices 211.90
Index Points
226 231 231 231 246
Inflation Rate Mom 0.60
percent
0.5 0.73 0.43 0.62 0.3
Food Inflation 5.08
percent
7.2 7.7 5.6 5.9 4.8
CPI Transportation 234.21
Index Points
230 233 239 246 261
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 6.00
percent
6 6 6 6 6
Interbank Rate 4.22
percent
4.22 4.22 4.22 4.22 4.22
Money Supply M0 1549.41
BDT Billion
1416 1413 1400 1391 1517
Money Supply M1 2548906.00
BDT Million
2272000 2246000 2265500 2273800 2285000
Money Supply M2 11099.78
BDT Billion
11100 11350 11550 11760 13500
Money Supply M3 1373748.50
BDT Million
1369900 1380000 1387000 1396000 1620000
Foreign Exchange Reserves 31957.70
USD Million
33200 31100 31575 30778 33500
Loans to Private Sector 8591.31
BDT Billion
9160 9470 9780 10000 12800
Deposit Interest Rate 5.61
percent
5.61 5.61 5.61 5.61 5.61
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -116.60
BDT Billion
-120 -183 -174 -154 -160
Exports 215.30
BDT Billion
230 224 227 229 240
Imports 331.90
BDT Billion
350 407 401 383 400
Current Account -2694.00
USD Million
-300 -3090 -2900 -1500 -1800
Current Account to GDP -2.60
percent
-2.6 -1.7 -1.7 -1.7 -0.9
Terms of Trade 86.05
Index Points
92 97.4 97.4 97.4 93
Capital Flows 0.19
BDT Billion
2.1 7.5 2.6 2.2 10.5
Remittances 1411.05
USD Million
1205 1198 1250 1285 1500
Gold Reserves 14.00
Tonnes
14 14 14 14 14
Foreign Direct Investment 1706.00
USD Million
1750 1850 1850 1850 1900
External Debt 28.57
USD Billion
30.5 34 34 34 37
Crude Oil Production 3.00
BBL/D/1K
3 3 3 3 3
Terrorism Index 6.18
5.8 5.7 5.7 5.7 6
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 27.10
percent
27 25.9 25.9 25.9 25.5
Government Budget -4.80
percent of GDP
-4.5 -4.4 -4.4 -4.4 -4.2
Government Budget Value -106845.00
BDT Billion
-100000 -60000 -60000 -60000 -140000
Government Spending 1446.22
BDT Billion
1270 1269 1269 1269 1657
Government Revenues 223195.00
BDT Billion
250000 285000 285000 285000 299000
Fiscal Expenditure 317174.00
BDT Billion
325000 345000 345000 345000 357000
Military Expenditure 3473.12
USD Million
3680 3890 3890 3890 4020
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Manufacturing Production 3.70
percent
9.9 10.5 12.6 9.8 5.5
Internet Speed 4176.25
KBps
4330 4240 4298 4312 4820
IP Addresses 188139.00
IP
195000 205000 210000 215000 225000
Mining Production 6.10
percent
4.6 -0.7 -0.3 0.7 0.9
Ease of Doing Business 176.00
181 176 182 182 179
Electricity Production 5812.00
Gigawatt-hour
4700 4850 4880 4970 5500
Competitiveness Index 52.08
Points
52.58 52.58 52.58 52.58 55.08
Competitiveness Rank 103.00
103 103 103 103 103
Corruption Index 28.00
Points
28 28 28 28 28
Corruption Rank 143.00
143 143 143 143 143
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Spending 17099.29
BDT Billion
15816 15801 15801 15801 19595
Disposable Personal Income 60355.24
BDT THO
63500 66350 66350 66350 67000
Personal Savings 5004.60
BDT Billion
5900 6500 6500 6500 6900
Private Sector Credit 8807.50
BDT Billion
9200 9430 9670 9860 10550
Consumer Credit 10312.85
BDT Billion
10300 10600 10800 11100 13200
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Personal Income Tax Rate 30.00
percent
30 30 30 30 30
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 5.94
mm
68.11 22.83 187 185 207
Temperature 18.44
celsius
22.6 21.02 25.24 25.34 25.42



Bangladesh - Economic Forecasts - 2018-2020 Outlook