Industry in Bangladesh
Bangladesh - Industry
The 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 - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 12.0 | 8.7 | 11.8 | 13.1 | 15.3 |
Bangladesh Industry Chart
Source: Bangladesh Bureau of Statistics
Bangladesh Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 84.50 | 0.14 % | Jun 20 |
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