Goods and services expense in Bangladesh
Bangladesh: Goods and services expense was 433.94 billion current LCU in 2021. ◆ Volatile
Goods and services expense in Bangladesh, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Bangladesh is 433.94 billion current LCU, measured in 2021. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 272.8% over ten years.
Over the whole period, goods and services expense in Bangladesh peaked at 433.94 billion current LCU in 2021 and was at its lowest, 31.90 billion current LCU, in 2001.
That places Bangladesh 38th out of 155 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.50 billion current LCU | 31.90 billion current LCU | 86.55 billion current LCU | 9 |
| 2010s | 209.13 billion current LCU | 99.59 billion current LCU | 414.99 billion current LCU | 10 |
| 2020s | 416.17 billion current LCU | 398.40 billion current LCU | 433.94 billion current LCU | 2 |
Countries ranked near Bangladesh
- 35 Madagascar 519.97 billion current LCU compare
- 36 Mexico 514.45 billion current LCU compare
- 37 United States 467.27 billion current LCU compare
- 39 Congo 359.00 billion current LCU compare
- 40 Serbia 334.69 billion current LCU compare
- 41 Burkina Faso 313.60 billion current LCU compare
More public sector data for Bangladesh
- Arms imports 75.00 million SIPRI trend indicator values (2024)
- Tax revenue 7.6% (2021)
- Taxes on income, profits and capital gains 25.8% (2021)
- Taxes on goods and services 43.2% (2021)
- Net investment in nonfinancial assets 4.1% (2021)
- Net lending (+) / net borrowing (-) -2.8% (2021)
- Interest payments 20.8% (2021)
- Grants and other revenue 20.4% (2021)
- Interest payments 24.0% (2021)
- Other taxes 1.3% (2021)
Frequently asked questions
- What is goods and services expense in Bangladesh?
- Goods and services expense in Bangladesh was 433.94 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Bangladesh?
- The highest recorded value was 433.94 billion current LCU in 2021.
- What is the lowest goods and services expense recorded in Bangladesh?
- The lowest recorded value was 31.90 billion current LCU in 2001.
- How does Bangladesh rank for goods and services expense?
- Bangladesh ranks 38th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Bangladesh?
- Over the last ten years it is up 272.8%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.