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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.10 4.3 4.5 4.5 3.9 4.8 percent [+]
Inflation Rate 6.04 6.4 5.8 5.5 5.6 4.8 percent [+]
Interest Rate 6.75 6.75 6.75 6.5 6.5 6.5 percent [+]
Balance of Trade -86.30 -90 -62 -70 -74.85 -100 BDT Billion [+]
Government Debt to GDP 27.20 28 27 27 28.2 25.5 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 83.45 80.46 79.64 78.83 78.02 69.08 [+]
Stock Market 6282.09 6140 6080 6020 5950 5270 points [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 7.11 7.2 6.9 6.9 6.9 6.8 percent [+]
GDP 221.42 245 267 267 264 305 USD Billion [+]
GDP Constant Prices 8830.54 9431 10082 10082 8708 11489 BDT Billion [+]
Gross National Product 9350.98 9940 10576 10576 8641 11906 BDT Billion [+]
Gross Fixed Capital Formation 2829687.00 3084359 3346529 3346529 2647903 3874448 BDT Million [+]
GDP per capita 1029.60 1083 1097 1110 1123 1241 USD [+]
GDP per capita PPP 3319.40 3510 3556 3601 3647 4042 USD [+]
GDP From Agriculture 9922.80 10094 10326 10326 10182 10807 BDT Million [+]
GDP From Construction 6172.90 6728 7321 7321 7105 8634 BDT Million [+]
GDP From Manufacturing 17600.10 19448 21393 21393 20428 26085 BDT Million [+]
GDP From Mining 1489.30 1638 1786 1786 1656 2141 BDT Million [+]
GDP From Public Administration 3197.10 3549 3921 3921 4396 4672 BDT Million [+]
GDP From Services 118665.00 126000 133000 133000 131101 160000 BDT Million [+]
GDP From Transport 9636.10 10311 11012 11012 10555 12572 BDT Million [+]
GDP From Utilities 224585.00 240000 266000 266000 242756 309000 BDT Million [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.10 4.3 4.5 4.5 3.9 4.8 percent [+]
Employed Persons 60.00 67 69 69 58.36 74 Quarterly [+]
Wages 7388.40 8900 9300 9300 8409 10300 BDT/Month [+]
Population 159.90 162 162 163 163 167 Million [+]
Living Wage Family 11800.00 16800 16900 17000 11800 17400 BDT/Month [+]
Living Wage Individual 7360.00 9200 9300 9400 7360 10000 BDT/Month [+]
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 8900 8900 8900 8900 8900 BDT/Month [+]
Wages Low Skilled 4650.00 4650 4650 4650 4650 4650 BDT/Month [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 6.04 6.4 5.8 5.5 5.6 4.8 percent [+]
Consumer Price Index CPI 245.86 250 251 252 252 251 Index Points [+]
GDP Deflator 195.86 191 203 203 158 231 percent [+]
Export Prices 182.34 203 212 212 173 235 Index Points [+]
Import Prices 211.90 204 203 210 199 231 Index Points [+]
Inflation Rate Mom 1.85 0.7 0.6 0.4 0.4 0.3 percent [+]
Food Inflation 7.87 4.1 4.5 5.2 7.67 4.8 percent [+]
CPI Transportation 216.59 215 215 218 217 244 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6.75 6.75 6.75 6.5 6.5 6.5 percent [+]
Interbank Rate 3.87 3.6 3.5 3.6 7.7 4 percent [+]
Money Supply M0 1591.99 1317 1400 1437 1580 1917 BDT Billion [+]
Money Supply M1 2434033.00 2093685 2469446 2472565 2471964 2353520 BDT Million [+]
Money Supply M2 10311.52 10714 10950 11138 11283 11654 BDT Billion [+]
Money Supply M3 12353084.00 13531076 14054125 14519155 14927287 16779459 BDT Million [+]
Foreign Exchange Reserves 32910.00 35156 34810 36432 32349 49000 USD Million [+]
Loans to Private Sector 7425.08 7758 7966 8149 8308 9010 BDT Billion [+]
Deposit Interest Rate 6.20 5.8 5.5 5.5 6.14 6 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -86.30 -90 -62 -70 -74.85 -100 BDT Billion [+]
Exports 240.22 210 228 240 230 270 BDT Billion [+]
Imports 326.54 300 290 310 314 370 BDT Billion [+]
Current Account -82.00 -600 1200 760 411 120 USD Million [+]
Current Account to GDP 1.70 1.5 1.8 1.8 0.79 0.9 percent [+]
Terms of Trade 86.05 90 92 92 88.41 93 Index Points [+]
Capital Flows 0.30 5.6 3.8 3.1 23.21 10.5 BDT Billion [+]
Remittances 853.73 1150 1300 1400 1400 1600 USD Million [+]
Gold Reserves 13.97 13.63 13.78 13.78 13.14 11.91 Tonnes [+]
Foreign Direct Investment 2003.53 2300 2500 2500 1837 3200 USD Million [+]
Crude Oil Production 4.00 3.96 4 4 3.92 3.83 BBL/D/1K [+]
External Debt 25.96 28 31 31 26.66 37 USD Billion [+]
Terrorism Index 6.48 6.35 6.8 6.8 5.86 4.49 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 27.20 28 27 27 28.2 25.5 percent [+]
Government Budget -4.70 -4.5 -4.3 -4.3 -3.91 -4 percent of GDP [+]
Government Budget Value -82137.00 -92000 -100000 -100000 -88731 -140000 BDT Billion [+]
Government Spending 478173.00 523599 574389 574389 444126 674309 BDT Billion [+]
Government Revenues 182427.00 200000 230000 230000 198564 260000 BDT Billion [+]
Fiscal Expenditure 264564.00 280000 310000 310000 289087 370000 BDT Billion [+]
Military Expenditure 3002.80 3054 3082 3111 3140 3347 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Manufacturing Production 12.70 4.7 7.2 5.6 10.64 5.5 percent [+]
Internet Speed 4176.25 4316 4330 4300 4233 3401 KBps [+]
IP Addresses 188139.00 184206 182696 181227 179791 167954 IP [+]
Corruption Index 26.00 25 24 24 24 22 Points [+]
Corruption Rank 145.00 139 136 136 139 131 [+]
Competitiveness Index 3.91 3.9 4 4 3.8 4.2 Points [+]
Competitiveness Rank 99.00 105 103 103 106 100 [+]
Business Confidence 9.96 12 11 12 9.92 14 [+]
Ease of Doing Business 177.00 170 165 165 173 157 [+]
Electricity Production 4788.00 4200 5200 5700 3771 5500 Gigawatt-hour [+]
Mining Production 0.40 1.8 2.2 5.8 3.88 0.9 percent [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Spending 5692703.00 6005802 6348132 6348132 5467582 6978832 BDT Million [+]
Disposable Personal Income 58442.00 60310 60707 61103 61500 66127 BDT THO [+]
Personal Savings 4328.30 5083 5209 5335 5461 6774 BDT Billion [+]
Private Sector Credit 7542.80 7974 8176 8361 8527 9365 BDT Billion [+]
Consumer Credit 9107.86 9625 9918 10161 10359 11017 BDT Billion [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 25.00 25 25 25 26 25 percent [+]
Personal Income Tax Rate 30.00 29 30 30 28 25 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]
CLIMATE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Precipitation 5.00 179 214 198 181 195 mm [+]
Temperature 18.00 25.01 25 24.56 24.77 24.77 celsius [+]