Fiscal Balance in Bangladesh

Bangladesh Fiscal Balance | Economic News & Forecasts

Bangladesh - Fiscal Balance

The 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

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-4.0  -3.4  -3.3  -4.6  -5.2  

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Bangladesh Fiscal Balance Chart

Bangladesh Fiscal
Note: Fiscal balance as % of GDP
Source: IMF

Bangladesh Facts

Value Change Date
Exchange Rate84.890.14 %Jan 01

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