GDP in Bangladesh
Bangladesh - GDPThe economy likely gained traction in FY 2019, which ends this June, according to a preliminary GDP estimate. The acceleration came largely on the back of the external sector as export growth soared, while import growth slowed sharply. Conversely, domestic demand lost steam, as private and government consumption growth nearly halved, while fixed investment softened slightly although remained robust nevertheless. Turning to FY 2020, the finance minister presented the draft budget to Parliament on 13 June. The budget contains double digit growth estimates for both expenditure and revenue. In welcome news for one of the country’s leading export sectors, the finance package raises subsidies for garment manufacturers.
Bangladesh - GDP Data
|Economic Growth (GDP, annual variation in %)||6.0||6.1||6.6||7.1||7.3|
5 years of economic forecasts for more than 30 economic indicators.
Bangladesh GDP Chart
|Exchange Rate||84.50||0.14 %||Jun 20|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.