Industry in Bangladesh
Bangladesh - Industry
The economy expanded at a robust pace in FY 2021 (July 2020–June 2021) according to recent data. Growth was led by household and government spending, while fixed investment expanded at a more moderate pace. In particular, household spending was likely supported by high remittances. In contrast, exports and imports both contracted, with exports held back by the pandemic abroad. Turning to FY 2022, conditions deteriorated at the outset of the period. A surge in Covid-19 cases led to the reimposition of a tough lockdown from 1 July, while remittances fell year-on-year in July. Although the lockdown was eased from mid-August, Covid-19 cases are still elevated and the vaccination rate extremely low, raising the specter of a further snap-back of restrictions ahead.Bangladesh - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 11.8 | 13.1 | 14.6 | 14.8 | 8.6 |
Bangladesh Industry Chart
Source: Bangladesh Bureau of Statistics
Bangladesh Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 84.89 | 0.14 % | Jan 01 |
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