AEIR 2021

GDP was estimated to have grown by 5.2% in fiscal year 2020 (FY2020, ending 30 June), down from 8.2% growth in FY2019 as the COVID-19 pandemic reduced economic activity in the fourth quarter, particularly in industry and to a much lesser extent in services. Exports plummeted in the fourth quarter as buyers canceled garment shipments and new orders evaporated, while COVID-19 containment measures restricted much of the economy for 2 months. GDP growth is projected to rise by 6.8% in FY2021 given domestic economic stimulus and the expected recovery in global growth and trade. In FY2022, GDP growth is expected to edge up further to 7.2% as both exports and imports accelerate with a sustained global recovery.

Source: Asian Development Outlook 2021.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 6.0 (Jul21)6.0 4.0
Broad Money Growth 2 13.6 (Jun21)13.6 12.9
Headline Inflation Rate 3 5.4 (Jul21)5.6 5.5
Industrial/ Manufacturing Production Growth Rate 3 87.7 (Apr21)21.9 -29.3
Merchandise Export Growth 3 51.2 (Jun21)51.2 136.1
Exchange Rate Index 4 127.8 (Aug21)127.6 127.7
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.

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