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 5.51 5.4 5.7 5.8 6 6.5 percent
Interest Rate 6.00 6.75 6.75 6.75 6.25 6.75 percent
Balance of Trade -109.40 -168 -120 -183 -174 -160 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 83.68
 84.46 85.08 85.7 86.32 88.87
Stock Market 5467.05
points		 5559 5508 5458 5407 5211
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 7.30
percent		 7 7 7.2 7.2 7.3
GDP 249.72
USD Billion		 267 267 286 286 305
GDP Constant Prices 9478.98
BDT Billion		 9449 10143 10161 10161 11666
Gross National Product 9872.56
BDT Billion		 10006 10564 10583 10583 12151
Gross Fixed Capital Formation 7043.96
BDT Million		 3027765 6450 6462 6462 8102
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		 10826 10826 10846 10846 12452
GDP From Construction 6695.10
BDT Million		 7164 7164 7177 7177 8240
GDP From Manufacturing 19776.50
BDT Million		 21161 21161 21200 21200 24340
GDP From Mining 1633.00
BDT Million		 1747 1747 1751 1751 2010
GDP From Public Administration 3361.50
BDT Million		 3597 3597 3604 3604 4137
GDP From Services 127417.00
BDT Million		 136336 136336 136591 136591 156822
GDP From Transport 10246.30
BDT Million		 10964 10964 10984 10984 12611
GDP From Utilities 138196.00
BDT Million		 147870 147870 148146 148146 170088
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 59 58 57 57
Wages 13258.00
BDT/Month		 13500 13500 14500 14500 15500
Population 161.80
Million		 163 163 165 165 167
Living Wage Family 11800.00
BDT/Month		 12300 12300 12900 12900 13300
Living Wage Individual 7360.00
BDT/Month		 8600 8600 9800 9800 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 10900
Wages Low Skilled 4650.00
BDT/Month		 4850 4850 4920 4920 5000
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 5.51
percent		 5.4 5.7 5.8 6 6.5
Consumer Price Index CPI 249.65
Index Points		 258 259 263 262 293
GDP Deflator 219.37
Index Points		 219 219 231 231 244
Export Prices 182.34
Index Points		 212 212 225 225 237
Import Prices 211.90
Index Points		 226 226 231 231 246
Inflation Rate Mom 1.15
percent		 0.4 0.5 0.53 0.43 0.3
Food Inflation 6.18
percent		 7.2 7.2 7.7 5.6 4.8
CPI Transportation 226.60
Index Points		 228 230 233 239 261
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 6.00
percent		 6.75 6.75 6.75 6.25 6.75
Interbank Rate 3.31
percent		 4.06 4.06 4.06 3.56 4.06
Money Supply M0 1549.41
BDT Billion		 1407 1416 1413 1400 1517
Money Supply M1 2548906.00
BDT Million		 2260000 2272000 2246000 2265500 2285000
Money Supply M2 11099.78
BDT Billion		 10937 11100 11350 11550 13500
Money Supply M3 1336541.70
BDT Million		 1360000 1369900 1380000 1387000 1620000
Foreign Exchange Reserves 32078.60
USD Million		 31600 33200 31100 31575 33500
Loans to Private Sector 8591.31
BDT Billion		 8800 9160 9470 9780 12800
Deposit Interest Rate 5.61
percent		 6.36 6.36 6.36 5.86 6.36
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -109.40
BDT Billion		 -168 -120 -183 -174 -160
Exports 211.88
BDT Billion		 227 230 224 227 240
Imports 321.31
BDT Billion		 395 350 407 401 400
Current Account -2316.00
USD Million		 -3100 -300 -3090 -2900 -1800
Current Account to GDP -2.60
percent		 1.8 1.5 1.2 1.2 0.9
Terms of Trade 86.05
Index Points		 93.81 93.81 97.4 97.4 96.34
Capital Flows 2.06
BDT Billion		 1.4 2.1 7.5 2.6 10.5
Remittances 1316.93
USD Million		 1400 1205 1198 1250 1500
Gold Reserves 14.00
Tonnes		 14 14 14 14 14
Foreign Direct Investment 1706.00
USD Million		 1576 1750 1490 1530 1900
External Debt 28.57
USD Billion		 30.5 30.5 34 34 37
Crude Oil Production 3.00
BBL/D/1K		 3 3 3 3 3
Terrorism Index 6.18
 5.8 5.8 5.7 5.7 6
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		 -4.5 -4.5 -4.4 -4.4 -4.2
Government Budget Value -106845.00
BDT Billion		 -95000 -95000 -95000 -95000 -97000
Government Spending 1446.22
BDT Billion		 511645 1268 1270 1270 1664
Government Revenues 223195.00
BDT Billion		 230000 230000 250000 250000 260000
Fiscal Expenditure 317174.00
BDT Billion		 325000 325000 345000 345000 357000
Military Expenditure 3473.12
USD Million		 3680 3680 3890 3890 4020
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Manufacturing Production 13.70
percent		 14.7 9.9 10.5 12.6 5.5
Internet Speed 4176.25
KBps		 4300 4330 4240 4298 4820
IP Addresses 188139.00
IP		 190000 195000 205000 210000 225000
Mining Production -0.50
percent		 -0.6 4.6 -0.7 -0.3 0.9
Ease of Doing Business 177.00
 181 181 182 182 179
Electricity Production 5504.00
Gigawatt-hour		 4990 4700 4850 4880 5500
Competitiveness Index 3.91
Points		 3.8 4 3.8 3.9 4.2
Competitiveness Rank 99.00
 98 98 97 97 98
Corruption Index 28.00
Points		 28 28 27 27 26
Corruption Rank 143.00
 142 142 141 141 139
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 17099.29
BDT Billion		 13910 15786 15816 15816 19669
Disposable Personal Income 60355.24
BDT THO		 63500 63500 66350 66350 67000
Personal Savings 5004.60
BDT Billion		 5262 5321 5456 5592 6985
Private Sector Credit 8658.70
BDT Billion		 8960 9200 9430 9670 10550
Consumer Credit 10216.43
BDT Billion		 10000 10300 10600 10800 13200
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