Current Account in Bangladesh

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

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

The economy accelerated in FY 2019, which ended in June, according to preliminary GDP estimates. The external sector propelled the acceleration, as export growth soared, while import growth slowed sharply. Conversely, domestic demand lost steam. In politics, Parliament approved the FY 2020 budget on 30 June. The budget increases expenditures by over 13% and targets a fiscal deficit of approximately 5% of GDP, up from the expected shortfall in FY 2019. More recently, protests have gripped parts of the country in recent days, triggered by the 1 July announcement that the average price of natural gas would rise more than 30%. Consumers and businesses will also have to contend with increased value-added tax this fiscal year, although the IMF said the extent of the increase in government revenues from this is still uncertain.

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 %Jul 11

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