Current Account in Bangladesh

Bangladesh Current Account | Economic News & Forecasts

Bangladesh - Current Account

Advance estimates released by the Bank of Bangladesh suggest the economy accelerated this fiscal year, which ends in June, although Consensus Forecast panelists are still adjusting to this new information. The growth uptick has come from a near-doubling in the expansion of exports of goods and services, which contrasts a significant deceleration in imports. This is corroborated by separate monthly data released by the Central Bank for the July–February period. On the other hand, private and public consumption growth have slowed considerably, as has the expansion in fixed investment. Meanwhile, on 4 April, the World Bank said Bangladesh requires large investments in physical capital, human capital and reforms to better enable innovation to become an upper middle-income country by 2031.

Bangladesh - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)1.6  0.8  1.5  1.9  -0.6  

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Bangladesh Current Account Chart

Bangladesh Current Account
Note: Current account balance as % of GDP.

Bangladesh Facts

Exchange Rate84.300.14 %May 13

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