Bangladesh: Economy

Despite global headwinds that crimped remittances, GDP recorded robust growth in FY2016 on higher private investment and exports. The current account surplus expanded, and inflation slowed. Continued high growth will require a rebound in remittances and higher exports. Productive jobs are needed in manufacturing and modern services for the large number of new entrants to the labor force and surplus farm labor and to boost female workforce participation. Read more from Asian Development Outlook 2017


Economic forecasts for South Asian countries

Country 2017f 2018f
Afghanistan 2.5 3.0
Bangladesh 6.9 6.9
Bhutan 8.2 9.9
India 7.4 7.6
Maldives 3.8 4.1
Nepal 5.6 5.4
Pakistan 5.2 5.5
Sri Lanka 5.0 5.0
Average 7.0 7.2
Country 2017f 2018f
Afghanistan 5.5 5.8
Bangladesh 6.1 6.3
Bhutan 4.9 5.4
India 4.0 4.6
Maldives 2.1 2.3
Nepal 6.0 6.5
Pakistan 4.0 4.8
Sri Lanka 6.0 6.0
Average 4.2 4.7
Country 2017f 2018f
Afghanistan 1.4 –0.2
Bangladesh –1.0 –0.7
Bhutan –27.4 –22.8
India –1.3 –1.5
Maldives –18.9 –19.1
Nepal –1.6 –3.2
Pakistan –2.1 –2.5
Sri Lanka –2.2 –2.2
Average –1.4 –1.6

f = forecast number.

Source: Asian Development Outlook 2017