Bangladesh - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Bangladesh was ($21,127,740,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $29,472,270 in 1960 and ($23,685,120,000) in 2018.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $29,472,270
1961 ($44,208,310)
1962 ($3,117,229)
1963 ($88,983,520)
1964 ($220,475,100)
1965 ($218,774,800)
1966 ($152,462,300)
1967 ($238,611,900)
1968 ($245,129,800)
1969 ($298,123,200)
1970 ($377,188,100)
1971 ($388,240,300)
1972 ($506,696,100)
1973 ($429,877,200)
1974 ($831,762,000)
1975 ($1,012,378,000)
1976 ($1,304,107,000)
1977 ($515,438,400)
1978 ($1,317,975,000)
1979 ($1,508,081,000)
1980 ($2,247,062,000)
1981 ($1,819,523,000)
1982 ($1,937,076,000)
1983 ($1,604,040,000)
1984 ($1,895,720,000)
1985 ($1,660,462,000)
1986 ($1,448,600,000)
1987 ($1,629,839,000)
1988 ($1,813,077,000)
1989 ($2,085,203,000)
1990 ($2,259,240,000)
1991 ($1,722,661,000)
1992 ($1,509,549,000)
1993 ($1,687,196,000)
1994 ($1,642,095,000)
1995 ($2,458,582,000)
1996 ($3,094,230,000)
1997 ($2,549,602,000)
1998 ($2,182,026,000)
1999 ($2,497,213,000)
2000 ($2,472,789,000)
2001 ($2,874,981,000)
2002 ($2,269,650,000)
2003 ($2,884,974,000)
2004 ($2,972,346,000)
2005 ($3,896,618,000)
2006 ($3,881,820,000)
2007 ($4,738,271,000)
2008 ($6,692,013,000)
2009 ($6,366,464,000)
2010 ($6,633,870,000)
2011 ($9,746,511,000)
2012 ($10,385,410,000)
2013 ($10,830,290,000)
2014 ($11,297,650,000)
2015 ($14,460,500,000)
2016 ($10,306,580,000)
2017 ($13,064,340,000)
2018 ($23,685,120,000)
2019 ($18,495,590,000)
2020 ($21,127,740,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Bangladesh was -1,791,510,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 141,466,900 in 1960 and a minimum value of -1,945,080,000,000 in 2018.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 141,466,900
1961 -212,199,900
1962 -14,962,700
1963 -427,120,900
1964 -1,058,280,000
1965 -1,050,119,000
1966 -731,818,900
1967 -1,145,337,000
1968 -1,176,623,000
1969 -1,430,991,000
1970 -1,810,503,000
1971 -1,863,553,000
1972 -3,040,176,000
1973 -3,344,875,000
1974 -6,625,817,000
1975 -8,985,863,000
1976 -19,365,990,000
1977 -7,973,832,000
1978 -19,927,780,000
1979 -22,952,990,000
1980 -34,784,520,000
1981 -29,731,000,000
1982 -38,819,000,000
1983 -38,112,000,000
1984 -47,393,000,000
1985 -43,172,000,000
1986 -43,458,000,000
1987 -50,525,000,000
1988 -56,568,000,000
1989 -66,935,000,000
1990 -74,329,000,000
1991 -61,499,000,000
1992 -56,910,000,000
1993 -63,776,000,000
1994 -65,848,000,000
1995 -98,835,000,000
1996 -126,554,000,000
1997 -108,868,000,000
1998 -99,064,000,000
1999 -120,066,000,000
2000 -124,406,000,000
2001 -155,134,000,000
2002 -130,346,000,000
2003 -167,040,000,000
2004 -174,982,000,000
2005 -239,642,000,000
2006 -260,703,000,000
2007 -327,225,000,000
2008 -459,139,000,000
2009 -438,028,000,000
2010 -458,953,000,000
2011 -693,896,000,000
2012 -821,766,000,000
2013 -865,701,000,000
2014 -878,059,000,000
2015 -1,123,610,000,000
2016 -806,625,000,000
2017 -1,033,700,000,000
2018 -1,945,080,000,000
2019 -1,554,170,000,000
2020 -1,791,510,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Bangladesh was -472,073,000,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of -168,805,000,000 in 2016 and a minimum value of -590,269,000,000 in 2018.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 -260,703,000,000
2007 -326,125,000,000
2008 -239,884,000,000
2009 -208,569,000,000
2010 -207,566,000,000
2011 -266,284,000,000
2012 -269,199,000,000
2013 -255,177,000,000
2014 -228,952,000,000
2015 -325,733,000,000
2016 -168,805,000,000
2017 -250,491,000,000
2018 -590,269,000,000
2019 -376,930,000,000
2020 -472,073,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Bangladesh was -6.540 as of 2020. Its highest value over the past 60 years was 0.689 in 1960, while its lowest value was -12.890 in 1976.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 0.689
1961 -0.918
1962 -0.061
1963 -1.673
1964 -4.093
1965 -3.704
1966 -2.368
1967 -3.290
1968 -3.276
1969 -3.519
1970 -4.194
1971 -4.436
1972 -8.058
1973 -5.316
1974 -6.647
1975 -5.205
1976 -12.890
1977 -5.341
1978 -9.923
1979 -9.689
1980 -12.389
1981 -8.985
1982 -10.456
1983 -9.109
1984 -10.019
1985 -7.453
1986 -6.653
1987 -6.708
1988 -6.821
1989 -7.245
1990 -7.150
1991 -5.565
1992 -4.761
1993 -5.087
1994 -4.863
1995 -6.480
1996 -6.663
1997 -5.285
1998 -4.365
1999 -4.871
2000 -4.633
2001 -5.325
2002 -4.147
2003 -4.796
2004 -4.565
2005 -5.611
2006 -5.405
2007 -5.952
2008 -7.303
2009 -6.213
2010 -5.755
2011 -7.577
2012 -7.788
2013 -7.221
2014 -6.535
2015 -7.413
2016 -4.655
2017 -5.232
2018 -8.643
2019 -6.113
2020 -6.540

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts