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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.10 4.5 4.5 4.5 4.5 4.8 percent
Inflation Rate 5.83 5.8 5.5 5.6 5.6 4.8 percent
Interest Rate 6.75 6.75 6.5 6.5 6.5 6.5 percent
Balance of Trade -130.30 -62 -70 -110 -90 -100 BDT Billion
Government Debt to GDP 27.20 27 27 27 27 25.5 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 82.84
84.81 86.56 88.34 90.16 97.83
Stock Market 6195.00
points
5992 5857 5726 5598 4670
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 7.11
percent
6.9 6.9 6.9 6.9 6.8
GDP 221.42
USD Billion
267 267 239 267 305
GDP Constant Prices 8830.54
BDT Billion
10082 10082 8666 10082 11489
Gross National Product 9350.98
BDT Billion
10576 10576 9100 10576 11906
Gross Fixed Capital Formation 2829687.00
BDT Million
3346529 3346529 3346529 3346529 3874448
GDP per capita 1029.60
USD
1051 1067 1083 1097 1241
GDP per capita PPP 3319.40
USD
3403 3456 3510 3556 4042
GDP From Agriculture 9922.80
BDT Million
10326 10326 10326 10326 10807
GDP From Construction 6172.90
BDT Million
7321 7321 6542 7321 8634
GDP From Manufacturing 17600.10
BDT Million
21393 21393 18793 21393 26085
GDP From Mining 1489.30
BDT Million
1786 1786 1786 1786 2141
GDP From Public Administration 3197.10
BDT Million
3921 3921 3921 3921 4672
GDP From Services 118665.00
BDT Million
133000 133000 143000 143000 160000
GDP From Transport 9636.10
BDT Million
11012 11012 11012 11012 12572
GDP From Utilities 224585.00
BDT Million
266000 266000 266000 266000 309000
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.10
percent
4.5 4.5 4.5 4.5 4.8
Employed Persons 60.00
Million
69 69 69 69 74
Wages 7388.40
BDT/Month
9300 9300 9300 9300 10300
Population 159.90
Million
161 161 162 162 167
Living Wage Family 11800.00
BDT/Month
16900 17000 17100 17100 17400
Living Wage Individual 7360.00
BDT/Month
9300 9400 9600 9600 10000
Wages High Skilled 8900.00
BDT/Month
8900 8900 8900 8900 8900
Wages Low Skilled 4650.00
BDT/Month
4650 4650 4650 4650 4650
Retirement Age Men 59.00
59 59 59 59 61
Retirement Age Women 59.00
59 59 59 59 61
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 5.83
percent
5.8 5.5 5.6 5.6 4.8
Consumer Price Index CPI 245.03
Index Points
245 245 245 245 244
GDP Deflator 195.86
percent
203 203 203 203 231
Export Prices 182.34
Index Points
212 212 212 212 235
Import Prices 211.90
Index Points
210 210 212 212 231
Inflation Rate Mom 0.07
percent
0.6 0.4 0.4 0.5 0.3
Food Inflation 7.13
percent
4.5 5.2 5.2 5.2 4.8
CPI Transportation 217.89
Index Points
215 218 222 222 244
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 6.75
percent
6.75 6.5 6.5 6.5 6.5
Interbank Rate 3.92
percent
3.5 3.6 7.39 3.5 4
Money Supply M0 1390.75
BDT Billion
1400 1437 1388 1517 1917
Money Supply M1 2267445.00
BDT Million
2256332 2255887 2254164 2113522 2353520
Money Supply M2 10332.22
BDT Billion
10501 10564 10606 10633 10609
Money Supply M3 12353084.00
BDT Million
14519155 14927287 15283229 15592156 16779459
Foreign Exchange Reserves 32910.00
USD Million
34810 36432 32349 40612 49000
Loans to Private Sector 7638.29
BDT Billion
8116 8359 8573 8762 9607
Deposit Interest Rate 6.20
percent
5.5 5.5 5.5 5.5 6
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -130.30
BDT Billion
-62 -70 -110 -90 -100
Exports 222.28
BDT Billion
228 240 212 230 270
Imports 352.60
BDT Billion
290 310 332 320 370
Current Account -82.00
USD Million
1200 760 -300 -300 120
Current Account to GDP 1.70
percent
1.8 1.8 1.8 1.8 0.9
Terms of Trade 86.05
Index Points
92 92 92 92 93
Capital Flows 0.30
BDT Billion
3.8 3.1 7.5 7.5 10.5
Remittances 853.73
USD Million
1300 1400 1400 1400 1600
Gold Reserves 13.97
Tonnes
13.78 13.78 13.49 13.33 12.24
Foreign Direct Investment 2003.53
USD Million
2500 2500 2500 2500 3200
External Debt 25.96
USD Billion
31 31 31 31 37
Crude Oil Production 4.00
BBL/D/1K
4 4 3.91 4 3.83
Terrorism Index 6.18
6.8 6.8 5.65 5.46 4.48
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 27.20
percent
27 27 27 27 25.5
Government Budget -4.70
percent of GDP
-4.3 -4.3 -4.01 -4.3 -4
Government Budget Value -82137.00
BDT Billion
-100000 -100000 -100000 -100000 -140000
Government Spending 478173.00
BDT Billion
574389 574389 574389 574389 674309
Government Revenues 182427.00
BDT Billion
230000 230000 230000 230000 260000
Fiscal Expenditure 264564.00
BDT Billion
310000 310000 258707 310000 370000
Military Expenditure 3002.80
USD Million
3031 3038 3046 3054 3347
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Manufacturing Production 12.70
percent
7.2 5.6 9.9 9.9 5.5
Internet Speed 4176.25
KBps
4300 4233 4181 4102 3401
IP Addresses 188139.00
IP
181227 179791 178379 176992 167954
Mining Production 0.40
percent
2.2 5.8 4.6 4.6 0.9
Ease of Doing Business 177.00
165 165 172 165 157
Electricity Production 4788.00
Gigawatt-hour
5200 5700 4700 4700 5500
Competitiveness Index 3.91
Points
4 4 3.8 4 4.2
Competitiveness Rank 99.00
103 103 106 103 100
Corruption Index 26.00
Points
24 24 24 25 22
Corruption Rank 145.00
136 136 136 136 131
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 5692703.00
BDT Million
6348132 6348132 5494975 6348132 6978832
Disposable Personal Income 58442.00
BDT THO
58820 59316 59813 60310 66127
Personal Savings 4328.30
BDT Billion
4408 4746 5083 5209 6774
Private Sector Credit 7542.80
BDT Billion
8361 8527 8677 8810 9365
Consumer Credit 9228.95
BDT Billion
9561 9698 9801 9876 10018
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Personal Income Tax Rate 30.00
percent
30 30 29 30 25
Sales Tax Rate 15.00
percent
15 15 15 15 15
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 5.94
mm
22.79 304 416 68.11 207
Temperature 18.44
celsius
20.98 27.92 27.98 22.6 25.42