Fiscal Balance in Bangladesh
Bangladesh - Fiscal BalanceThe economy will have performed poorly in early FY 2022, which began in July, amid surging Covid-19 cases and a subsequent lockdown. In addition, remittances tailed off through November, which could be weighing somewhat on domestic consumption. That said, the slide in official remittances could be partly due to more money flowing through informal channels due to easier international travel. More positively, Covid-19 cases have plummeted since August, leading to a notable loosening of restrictions. In addition, merchandise exports surged year-on-year in July-October. On the vaccination front, the rollout has accelerated markedly in recent weeks amid vaccine donations by a host of international partners. That said, at around 80 doses per 100 people the rate is still low by regional standards, leaving the country vulnerable to a further Covid-19 wave—especially given the spread of Omicron.
Bangladesh - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-4.0||-3.4||-3.3||-4.6||-5.2|
5 years of economic forecasts for more than 30 economic indicators.
Bangladesh Fiscal Balance Chart
|Exchange Rate||84.89||0.14 %||Jan 01|
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