Current Account in Bangladesh

Bangladesh Current Account (USD bn) | Economic News & Forecasts

Bangladesh - Current Account (billions of U.S. Dollars)

The economy began fiscal year 2020, which started in July, on a good footing. In the first three months of the fiscal year, remittances increased around 17% in U.S. dollar terms compared to the same period a year earlier. In addition, wages of low-skilled workers, as specifically measured by the Central Bank, rose annually by over 6% in the first two months of the fiscal year and bank credit extensions increased by over 12% in the same period. These developments indicate healthy domestic demand, and likely offset the impact of the introduction of a wider VAT regime and a one-third increase in natural gas prices in July. However, in July–September, merchandise exports decreased slightly compared to the same period a year earlier, largely due to a small drop in ready-made garment exports.

Bangladesh - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)2.4  1.4  2.9  4.3  -1.3  

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Bangladesh Current Account (USD bn) Chart

Bangladesh Current Account
Note: Current account balance in USD.

Bangladesh Facts

Exchange Rate84.500.14 %Sep 04

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