Bangladesh | Economic Forecasts | 2017-2020 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 7.05 7.2 7.2 6.9 6.9 6.8 percent [+]
Unemployment Rate 4.10 4.3 4.3 4.5 4.5 4.8 percent [+]
Inflation Rate 5.57 4.6 5.4 5.2 5.4 4.8 percent [+]
Interest Rate 6.75 6.5 6.5 6.5 6.5 6 percent [+]
Balance of Trade -76.80 -74 -90 -62 -70 -100 BDT Billion [+]
Government Debt to GDP 27.20 28 28 27 27 25.5 percent [+]
MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 81.87 80.26 79.45 78.64 77.83 68.91 [+]
Stock Market 6106.24 5670 5610 5550 5500 4870 points [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 7.05 7.2 7.2 6.9 6.9 6.8 percent [+]
GDP Annual Growth Rate 7.11 7.2 7.2 6.9 6.9 6.8 percent [+]
GDP 221.42 245 245 267 267 305 USD Billion [+]
GDP Constant Prices 8830.54 9431 9431 10082 10082 11489 BDT Billion [+]
Gross National Product 9350.98 9940 9940 10576 10576 11906 BDT Billion [+]
Gross Fixed Capital Formation 2829687.00 3084359 3084359 3346529 3346529 3874448 BDT Million [+]
GDP per capita 1029.60 1067 1083 1097 1110 1241 USD [+]
GDP per capita PPP 3319.40 3456 3510 3556 3601 4042 USD [+]
GDP From Agriculture 9922.80 10094 10094 10326 10326 10807 BDT Million [+]
GDP From Construction 6172.90 6728 6728 7321 7321 8634 BDT Million [+]
GDP From Manufacturing 17600.10 19448 19448 21393 21393 26085 BDT Million [+]
GDP From Mining 1489.30 1638 1638 1786 1786 2141 BDT Million [+]
GDP From Public Administration 3197.10 3549 3549 3921 3921 4672 BDT Million [+]
GDP From Services 118665.00 126000 126000 133000 133000 160000 BDT Million [+]
GDP From Transport 9636.10 10311 10311 11012 11012 12572 BDT Million [+]
GDP From Utilities 224585.00 240000 240000 266000 266000 309000 BDT Million [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 4.10 4.3 4.3 4.5 4.5 4.8 percent [+]
Employed Persons 60.00 67 67 69 69 74 Quarterly [+]
Wages 7388.40 8900 8900 9300 9300 10300 BDT/Month [+]
Wages in Manufacturing 243.00 258 269 272 276 260 Index Points [+]
Population 159.90 162 162 162 162 168 Million [+]
Retirement Age Men 59.00 59 59 59 59 61 [+]
Retirement Age Women 59.00 59 59 59 59 61 [+]
Living Wage Family 16128.70 16600 16800 16900 17000 17400 BDT/Month [+]
Living Wage Individual 8927.30 9100 9200 9300 9400 10000 BDT/Month [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 5.57 4.6 5.4 5.2 5.4 4.8 percent [+]
Consumer Price Index CPI 236.61 239 242 245 248 275 Index Points [+]
GDP Deflator 195.86 191 191 203 203 231 percent [+]
Producer Prices 2180.00 2138 2138 2138 2138 2138 Index Points [+]
Export Prices 182.34 203 203 212 212 235 Index Points [+]
Import Prices 211.90 203 206 205 210 231 Index Points [+]
Food Inflation 6.95 4.4 4.1 4.5 5.2 4.8 percent [+]
Inflation Rate Mom 1.18 1.3 0.3 0.5 0.4 0.3 percent [+]
CPI Transportation 215.24 214 215 215 218 244 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 6.75 6.5 6.5 6.5 6.5 6 percent [+]
Interbank Rate 3.77 3.7 3.6 3.5 3.6 4 percent [+]
Money Supply M0 1512.65 1287 1317 1400 1437 1917 BDT Billion [+]
Money Supply M1 2400785.00 2083605 2093685 2477867 2493210 2353520 BDT Million [+]
Money Supply M2 10160.76 10401 10675 10956 11236 14011 BDT Billion [+]
Money Supply M3 11872800.00 12334483 12674034 13013346 13351831 16685391 BDT Million [+]
Foreign Exchange Reserves 32907.70 33514 35156 34810 36432 49000 USD Million [+]
Loans to Private Sector 7281.17 7550 7824 8099 8374 11090 BDT Billion [+]
Deposit Interest Rate 6.20 5.8 5.8 5.5 5.5 6 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -76.80 -74 -90 -62 -70 -100 BDT Billion [+]
Exports 185.79 196 210 228 240 270 BDT Billion [+]
Imports 262.60 270 300 290 310 370 BDT Billion [+]
Current Account -589.00 -440 -600 1200 760 120 USD Million [+]
Current Account to GDP 1.70 1.5 1.5 1.8 1.8 0.9 percent [+]
Terms of Trade 86.05 90 90 92 92 93 Index Points [+]
Capital Flows 0.30 3.8 5.6 3.8 3.1 10.5 BDT Billion [+]
Remittances 1115.57 1100 960 1480 1600 1050 USD Million [+]
Gold Reserves 13.97 13.97 13.97 13.78 13.78 13.97 Tonnes [+]
Terrorism Index 6.48 6.41 6.63 6.8 6.8 7.07 [+]
Foreign Direct Investment 2003.53 2300 2300 2500 2500 3200 USD Million [+]
Crude Oil Production 4.00 4 4 4 4 4 BBL/D/1K [+]
External Debt 25.96 28 28 31 31 37 USD Billion [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 27.20 28 28 27 27 25.5 percent [+]
Government Budget -4.70 -4.5 -4.5 -4.3 -4.3 -4 percent of GDP [+]
Government Budget Value -82137.00 -92000 -92000 -100000 -100000 -140000 BDT Billion [+]
Government Spending 478173.00 523599 523599 574389 574389 674309 BDT Billion [+]
Government Revenues 182427.00 200000 200000 230000 230000 260000 BDT Billion [+]
Fiscal Expenditure 264564.00 280000 280000 310000 310000 370000 BDT Billion [+]
Military Expenditure 3002.80 3055 3057 3085 3113 3504 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Manufacturing Production 12.70 9.1 4.7 7.2 5.6 5.5 percent [+]
Capacity Utilization 55.00 57 58 59 58 62 percent [+]
Mining Production 0.40 3.9 1.8 2.2 5.8 0.9 percent [+]
Corruption Index 26.00 25 25 24 24 23 Points [+]
Corruption Rank 145.00 146 149 136 136 131 [+]
Competitiveness Index 3.80 3.9 3.9 4 4 4.2 Points [+]
Competitiveness Rank 106.00 105 105 103 103 100 [+]
Business Confidence 9.96 11 12 11 12 14 [+]
Ease of Doing Business 176.00 170 170 165 165 157 [+]
Electricity Production 4453.00 5300 4200 5200 5700 5500 Gigawatt-hour [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Spending 5692703.00 6005802 6005802 6348132 6348132 6978832 BDT Million [+]
Disposable Personal Income 58442.00 59813 60310 60707 61103 66127 BDT THO [+]
Personal Savings 4328.30 4746 5083 5209 5335 6774 BDT Billion [+]
Private Sector Credit 7529.89 7814 8097 8378 8659 11411 BDT Billion [+]
Consumer Credit 8906.73 9154 9406 9660 9914 12411 BDT Billion [+]
HOUSING Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Housing Index 1797.00 1843 1865 1883 1901 2537 Index Points [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]