Current Account Balance (As % of GDP) fell to -3.16% in Bangladesh in 2018

Current Account Balance (As % of GDP) (%)
Economy | Bangladesh | May 17, 2019
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Excel Sheet

Current account balance as a share of GDP reached -3.16 % in 2018 in Bangladesh, according to the National Statistical Office. This is 12298 % more than in the previous year.

Historically, current account balance as a share of GDP in Bangladesh reached an all time high of 0.035 % in 2009 and an all time low of -3.16 % in 2018. When compared to Bangladesh's main peers, current account balance as a share of GDP in Bhutan amounted to -22.8 %, 0.725 % in China, -2.99 % in India and -5.30 % in Myanmar in 2018.

Bangladesh has been ranked 91st within the group of 172 countries we follow in terms of current account balance as a share of GDP, 36 places behind the position seen 10 years ago.

The current account is one of the two primary components of the balance of payments, the other being the capital account.

Current Account Balance (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bangladesh % -0.025% -3.16% -2.67% -2.11% -1.66%
Bhutan % -0.214% -22.8% -15.0% -10.7% -7.45%
China % 0.013% 0.725% 0.695% 0.694% 0.483%
India % -0.014% -2.99% -2.50% -2.43% -2.39%
Japan % 0.040% 3.62% 3.76% 4.10% 4.23%
Laos % -0.071% -13.9% -12.3% -11.3% -8.56%
Myanmar % -0.067% -5.30% -5.74% -5.87% -5.94%
Nepal % -0.033% -8.16% -6.27% -5.22% -4.48%
Pakistan % -0.053% -5.92% -5.34% -5.17% -5.48%
Russia % 0.021% 6.16% 5.19% 4.29% 3.99%
Sri Lanka % -0.026% -2.89% -2.69% -2.44% -2.33%
Thailand % 0.110% 9.15% 8.11% 6.88% 5.94%
USA % -0.023% -2.51% -3.04% -3.18% -3.33%