Bangladesh Economic indicators : 2013-2017

Sources: Bangladesh authorities; World Bank, World Development Indicators; and IMF staff estimates and projections.

National income and prices (annual percent change)

National income and prices (annual percent change) Fy 2013 FY 2014 FY 2015 2016 Proj-2017
Real GDP 6 6.1 6.5 6.3 6.8
GDP deflator 7.2 5.7 5.8 6.8 7.4
CPI inflation (annual average) 6.8 7.3 6.4 6.5 7
CPI inflation (end of period) 8.1 7 6.2 6.7 7.3
Nonfood CPI inflation (end of period) 7.7 5.4 6.2 6.8 7.7

Bangladesh  government operations (percent of GDP)

 

 

 2013  2014  2015  2016  2017
Total revenue and grants 11.2 10.9 9.9 10.5 11.6
Total revenue 10.7 10.4 9.6 10.3 11.3
Tax 9 8.6 8.5 8.7 9.6
Nontax 1.8 1.8 1.1 1.5 1.7
Grants 0.5 0.5 0.3 0.3 0.3
Total expenditure 14.6 14 13.8 14.9 15.8
Current expenditure 8.3 8.2 7.9 8.9 9.5
Annual Development Program (ADP) 4.2 4.1 4.3 4.8 5.2
Other expenditures 2/ 2.1 1.7 1.7 1.2 1.2
Overall balance (including grants) -3.4 -3.1 -3.9 -4.4 -4.3
(Excluding grants) -3.9 -3.5 -4.2 -4.7 -4.6
Primary balance (excluding grants) -1.9 -1.5 -2.1 -2.6 -2.3
Total central government debt (percent of GDP) 34.5 33.9 34 34.3 34.2

         
Money and credit (end of fiscal year; percent change)

 
Credit to private sector by the banking system 10.8 12.3 13.2 14.7 15.9
Reserve money 3/ 15 15.4 14.3 13.5 14.7
Broad money (M2) 16.7 16.1 12.4 13.5 14.7
 

 

Balance of payments (billions of U.S. dollars)

 2013  2014  2015  2016  2017
Exports, f.o.b. 26.6 29.8 30.8 32.6 35.7
 

(Annual percent change)

10.7 12.1 3.3 6 9.5
Imports, f.o.b. -33.6 -36.6 -40.7 -43.3 -47.2
(Annual percent change) 0.8 8.9 11.2 6.3 9.2
Current account balance 4/ 2.4 1.4 -1.6 -2.7 -3.4
(Percent of GDP) 1.6 0.8 -0.8 -1.3 -1.4
Capital and financial account balance 3.5 3.4 5.6 4.7 5.4
Of which: Foreign direct investment 1.7 1.4 1.7 1.9 2.4
Overall balance 5.1 5.5 4.4 2 2
Gross official reserves (billions of U.S. dollars) 5/ 15.1 21.4 24.9 27.2 29.2
In months of prospective imports of goods and services 4.1 5.3 5.8 5.8 5.7
Exchange rate (taka per U.S. dollar; period average) 79.9 77.6 77.7
Exchange rate (taka per U.S. dollar; end-period) 77.8 77.6 77.8
Nominal effective rate (2010=100; period average) 86.9 89.7 95.4
Real effective rate (2010=100; period average) 99.4 107.8 120.5
Memorandum item:
Nominal GDP (billions of taka) 11989 13,437 15,136

 

1/ Fiscal year begins July 1.

1/ Fiscal year begins July 1. `
2/ Includes non-ADP capital spending, net lending, food account surplus (-)/deficit (+), and extraordinary expenditures.
3/ Reserve money excludes liabilities arising from banks’ foreign currency clearing accounts at Bangladesh Bank (BB) and nonbank deposits at BB.
4/ Imports are based on customs data.
5/ Excludes deposits held in offshore accounts of resident financial institutions, noninvestment grade sovereign bonds, and foreign exchange
overdrafts provided by BB to domestic bank