External Debt in Bangladesh

Bangladesh External Debt | Economic News & Forecasts

Bangladesh - External Debt

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 - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)21.3  19.1  18.6  17.5  19.0  

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Bangladesh External Debt Chart


Bangladesh External Debt
Note: External debt in USD bn.
Source: World Bank

Bangladesh Facts

ValueChangeDate
Exchange Rate84.500.14 %Jul 11

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