AEIR 2017

Growth came in at 7.3% in fiscal year 2017 (FY2017, ended 30 June 2017), exceeding expectations despite slower export expansion and declining remittances. Inflation eased to 5.4%, but the current account logged a deficit at 0.6% of GDP. Growth is expected to moderate to 7.0% in FY2018 as growth in agriculture and services slows before nudging up a bit to 7.2% in FY2019. Inflation will edge up to 6.1% and 6.3% in and the current account deficit is expected to widen to 2.2% and 1.9% in 2018 and 2019, respectively. Sustained high growth demands an expanded industrial base and a diversified export basket, which depend in turn on filling large infrastructure deficits and implementing policy reform.

Source: Asian Development Outlook 2018, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 5.0 (Jun18)5.0 5.0
Broad Money Growth 2 9.1 (Apr18)9.1 9.3
Headline Inflation Rate 3 5.6 (May18)5.6 5.8
Industrial/ Manufacturing Production Growth Rate 3 13.7 (Jan18)15.2 15.1
Merchandise Export Growth 3 12.1 (Apr18)12.1 3.2
Exchange Rate Index 4 126.4 (Jun18)126.4 121.5
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Bangladesh Bureau of Statistics; Bangladesh Bank.