Current Account in Bangladesh

Bangladesh Current Account | Economic News & Forecasts

Bangladesh - Current Account

The economy is performing well so far in fiscal year 2019, which ends in June. In July–December, the current account balance deficit nearly halved from the same period a year earlier due to rising ready-made garment exports and remittance inflows. However, the panorama clouded in January as tens of thousands of garment workers were fired after protesting for a higher minimum wage. On the political front, Prime Minister Sheikh Hasina indicated in February that she will likely retire when her term ends in December 2023. This followed widespread allegations of corruption after she won her third consecutive term in December.

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

ValueChangeDate
Exchange Rate83.830.14 %Mar 11

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