Bangladesh - Economic Forecasts - 2018-2020 Outlook

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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.20 4.5 4.5 4.6 4.6 4.8 percent
Inflation Rate 5.57 5.6 5.6 5.2 5 4.8 percent
Interest Rate 6.75 6.75 6.75 6.75 6.75 6.5 percent
Balance of Trade -173.50 -168 -90 -182 -187 -100 BDT Billion
Government Debt to GDP 27.10 27 27 25.9 25.9 25.5 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 84.00
 85.57 87.43 89.33 91.29 99.51
Stock Market 5337.42
points		 5167 5028 4893 4762 4272
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 7.30
percent		 6.9 6.9 6.95 6.9 6.8
GDP 249.72
USD Billion		 267 267 286 286 305
GDP Constant Prices 9478.98
BDT Billion		 9440 10133 10138 10133 11547
Gross National Product 9872.56
BDT Billion		 9996 10554 10559 10554 12027
Gross Fixed Capital Formation 7043.96
BDT Million		 3024935 6444 6447 6444 8027
GDP per capita 1093.05
USD		 1156 1156 1253 1253 1336
GDP per capita PPP 3523.98
USD		 3631 3631 3715 3715 4282
GDP From Agriculture 10117.30
BDT Million		 10815 10815 10820 10815 12325
GDP From Construction 6695.10
BDT Million		 7157 7157 7160 7157 8156
GDP From Manufacturing 19776.50
BDT Million		 21141 21141 21151 21141 24091
GDP From Mining 1633.00
BDT Million		 1746 1746 1746 1746 1989
GDP From Public Administration 3361.50
BDT Million		 3593 3593 3595 3593 4095
GDP From Services 127417.00
BDT Million		 136209 136209 136272 136209 155218
GDP From Transport 10246.30
BDT Million		 10953 10953 10958 10953 12482
GDP From Utilities 138196.00
BDT Million		 147732 147732 147801 147732 168348
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 4.20
percent		 4.5 4.5 4.6 4.6 4.8
Employed Persons 60.00
Million		 59 69 59.06 59.07 74
Wages 13258.00
BDT/Month		 13500 13500 14500 13771 15500
Population 161.80
Million		 163 164 164 165 170
Living Wage Family 11800.00
BDT/Month		 12900 12900 13300 11800 13300
Living Wage Individual 7360.00
BDT/Month		 7360 9600 7360 7360 10000
Minimum Wages 5300.00
BDT/Month		 5300 5300 5300 5300 5300
Retirement Age Men 59.00
 59 59 59 59 61
Retirement Age Women 59.00
 59 59 59 59 61
Wages High Skilled 8900.00
BDT/Month		 9900 9900 10400 10400 10400
Wages Low Skilled 4650.00
BDT/Month		 4850 4850 4920 4920 4920
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 5.57
percent		 5.6 5.6 5.2 5 4.8
Consumer Price Index CPI 245.80
Index Points		 258 259 262 259 285
GDP Deflator 219.37
Index Points		 208 203 215 217 231
Export Prices 182.34
Index Points		 176 212 177 177 235
Import Prices 211.90
Index Points		 202 212 203 202 231
Inflation Rate Mom -1.23
percent		 0.4 0.5 0.48 0.62 0.3
Food Inflation 6.56
percent		 6.08 7.2 7.7 5.92 4.8
CPI Transportation 221.55
Index Points		 229 230 231 236 253
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.75
percent		 6.75 6.75 6.75 6.75 6.5
Interbank Rate 3.41
percent		 3.41 3.41 3.41 3.41 3.16
Money Supply M0 1408.97
BDT Billion		 1407 1517 1407 1407 1917
Money Supply M1 2271549.00
BDT Million		 2244296 2113522 2246597 2260530 2353520
Money Supply M2 10594.68
BDT Billion		 10937 11145 11351 11557 13578
Money Supply M3 1317022.00
BDT Million		 1369659 1401304 1432834 1464250 1772192
Foreign Exchange Reserves 32158.50
USD Million		 31639 40612 31106 31576 49000
Loans to Private Sector 8328.72
BDT Billion		 8850 9161 9471 9781 12836
Deposit Interest Rate 5.61
percent		 5.61 5.61 5.61 5.61 5.36
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -173.50
BDT Billion		 -168 -90 -182 -187 -100
Exports 230.71
BDT Billion		 228 230 226 227 270
Imports 404.24
BDT Billion		 396 320 408 414 370
Current Account -2316.00
USD Million		 -3382 -300 -2918 -3300 120
Current Account to GDP -2.60
percent		 1.8 1.8 1.2 1.2 0.9
Terms of Trade 86.05
Index Points		 87.31 100 87.24 87.3 102
Capital Flows 5.27
BDT Billion		 3.35 7.5 2.66 2.63 10.5
Remittances 1482.85
USD Million		 1400 1400 1204 1198 1600
Gold Reserves 14.00
Tonnes		 14 14 14 14 14
Foreign Direct Investment 1706.00
USD Million		 1576 2500 1491 1429 3200
External Debt 28.57
USD Billion		 28.18 31 29.08 29.7 37
Crude Oil Production 3.00
BBL/D/1K		 3 3 3 3 3
Terrorism Index 6.18
 5.65 5.46 5.31 5.17 4.66
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 27.10
percent		 27 27 25.9 25.9 25.5
Government Budget -4.80
percent of GDP		 -4.47 -4.3 -4.52 -4.53 -4
Government Budget Value -106845.00
BDT Billion		 -83749 -80000 -97481 -106657 -110000
Government Spending 1446.22
BDT Billion		 511167 1266 1267 1266 1648
Government Revenues 223195.00
BDT Billion		 233316 230000 242428 245257 260000
Fiscal Expenditure 317174.00
BDT Billion		 317065 310000 339908 351914 370000
Military Expenditure 3473.12
USD Million		 3588 3647 3691 3735 4228
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Manufacturing Production 13.70
percent		 14.75 9.9 14.54 14.5 5.5
Internet Speed 4176.25
KBps		 5221 5376 5519 5656 6824
IP Addresses 188139.00
IP		 205740 207990 210361 212547 224366
Mining Production -0.70
percent		 -0.68 4.6 -0.71 -0.73 0.9
Ease of Doing Business 177.00
 181 165 182 183 157
Electricity Production 5504.00
Gigawatt-hour		 4991 4700 5168 5182 5500
Competitiveness Index 3.91
Points		 3.8 4 3.88 3.91 4.2
Competitiveness Rank 99.00
 106 103 104 103 100
Corruption Index 28.00
Points		 27 28 28 28 26
Corruption Rank 143.00
 142 136 141 142 131
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 17099.29
BDT Billion		 13897 15772 15779 15772 19486
Disposable Personal Income 60355.24
BDT THO		 61585 62006 62559 63112 67743
Personal Savings 5004.60
BDT Billion		 5262 5321 5456 5592 6985
Private Sector Credit 8552.30
BDT Billion		 8963 9224 9430 9673 11433
Consumer Credit 9724.74
BDT Billion		 10132 10377 10621 10864 13247
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 5.94
mm		 416 68.11 22.83 187 207
Temperature 18.44
celsius		 27.98 22.6 21.02 25.24 25.42