Bangladesh Real Effective Exchange Rate

2011 - 2023 | Yearly | 2015-2016=100 | CEIC Data

Key information about Bangladesh Real Effective Exchange Rate

  • Bangladesh Real Effective Exchange Rate (REER: 2015-2016=100: Month Avg: Bangladesh) was 102.0 in Dec 2023, compared with the number of 111.2 in the previous year.
  • Bangladesh Real Effective Exchange Rate data is updated yearly and averaged 113.5 from Dec 2011 to Dec 2023.
  • The data reached an all-time high of 113.5 in Dec 2020 and a record low of 72.2 in Dec 2011.

CEIC shifts year-end for annual Real Effective Exchange Rate. Bangladesh Bank provides Real Effective Exchange Rate with base 2015-2016=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Real Effective Exchange Rate is reported in annual frequency, ending in June of each year. Due to lack of historical data, REER could not be recalculated with base 2005=100.


Related information about Bangladesh Real Effective Exchange Rate

  • In the latest reports, Bangladesh Short Term Interest Rate: Month Avg: Bangladesh: Treasury Bills Rate: 91 Days was reported at 6.6 % pa in May 2023.
  • The cash rate (Policy Rate: Month End: Repo Rate: 1 to 3 Days) was set at 7.8 % pa in Dec 2023.
  • Bangladesh Exchange Rate against USD averaged 104.4 (USD/BDT) in May 2023.

View Bangladesh's Real Effective Exchange Rate from 2011 to 2023 in the chart:

Bangladesh Real Effective Exchange Rate

What was Bangladesh's Real Effective Exchange Rate in 2023?

Bangladesh Real Effective Exchange Rate (REER: 2015-2016=100: Month Avg: Bangladesh) was 102.0 in Dec 2023, compared with the number of 111.2 in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
102.0 2023 111.2 2022 72.2 2011 113.5 2020 2015-2016=100 yearly 2011 - 2023

Real Effective Exchange Rate by Country Comparison

country/region Last Frequency Range
Algeria (2005=100) 105.2 Jan 2025 monthly Jan 1994 - Jan 2025
Argentina (2005=100) 50.3 Feb 2025 monthly Jan 1997 - Feb 2025
Armenia (2005=100) 248.4 Dec 2024 monthly Jan 1997 - Dec 2024
Australia (2005=100) 100.3 Jan 2025 monthly Jan 1994 - Jan 2025
Austria (2005=100) 102.8 Jan 2025 monthly Jan 1993 - Jan 2025
Azerbaijan (2005=100) 156.4 Jan 2025 monthly Jan 2005 - Jan 2025
Bahrain (2005=100) 95.5 Dec 2024 monthly Jan 1980 - Dec 2024
Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
Belgium (2005=100) 102.2 Jan 2025 monthly Jan 1993 - Jan 2025
Bolivia (2005=100) 55.7 Nov 2024 monthly Jan 1991 - Nov 2024
Bosnia and Herzegovina (2005=100) 96.7 Nov 2024 monthly Jan 2005 - Nov 2024
Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
Brazil (2005=100) 81.4 Nov 2024 monthly Jan 1988 - Nov 2024
Bulgaria (2005=100) 129.1 Nov 2024 monthly Jan 1993 - Nov 2024
Canada (2005=100) 88.4 Dec 2024 monthly Jan 1999 - Dec 2024
Chile (2005=100) 228.5 Jan 2025 monthly Jan 1986 - Jan 2025
China (2005=100) 135.9 Jan 2025 monthly Jan 1994 - Jan 2025
Colombia (2005=100) 113.5 Jan 2025 monthly Jan 1990 - Jan 2025
Croatia (2005=100) 103.2 Jan 2025 monthly Jan 1993 - Jan 2025
Cyprus (2005=100) 89.9 Jan 2025 monthly Jan 1993 - Jan 2025
Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
Denmark (2005=100) 95.9 Dec 2024 monthly Jan 1970 - Dec 2024
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 142.5 Jan 2025 monthly Jan 1993 - Jan 2025
European Union (2005=100) 90.2 Jan 2025 monthly Jan 1993 - Jan 2025
Finland (2005=100) 92.8 Jan 2025 monthly Jan 1993 - Jan 2025
France (2005=100) 89.6 Jan 2025 monthly Jan 1993 - Jan 2025
Georgia (2005=100) 130.5 Jan 2025 monthly Dec 1995 - Jan 2025
Germany (2005=100) 94.0 Jan 2025 monthly Jan 1993 - Jan 2025
Ghana (2005=100) 65.8 Dec 2024 monthly Dec 1979 - Dec 2024
Greece (2005=100) 92.5 Jan 2025 monthly Jan 1993 - Jan 2025
Hong Kong SAR, China (2005=100) 111.7 Jan 2025 monthly Jan 1994 - Jan 2025
Hungary (2005=100) 105.8 Dec 2024 monthly Jan 1990 - Dec 2024
Iceland (2005=100) 91.9 Jan 2025 monthly Jan 1979 - Jan 2025
India (2005=100) 115.2 Jan 2025 monthly Apr 2004 - Jan 2025
Indonesia (2005=100) 111.6 Jan 2025 monthly Jan 1994 - Jan 2025
Iran (2005=100) 960.1 Dec 2024 monthly Jan 1979 - Dec 2024
Ireland (2005=100) 81.9 Jan 2025 monthly Jan 1993 - Jan 2025
Israel (2005=100) 129.1 Jan 2025 monthly Jan 1994 - Jan 2025
Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
Ivory Coast (2005=100) 96.3 Dec 2024 monthly Dec 1979 - Dec 2024
Japan (2005=100) 55.5 Jan 2025 monthly Jan 1970 - Jan 2025
Kazakhstan (2005=100) 101.1 Oct 2024 monthly Jan 1995 - Oct 2024
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 79.3 Jan 2025 monthly Jan 1994 - Jan 2025
Kosovo (Jan2007=100) 119.9 Jan 2025 monthly Dec 2006 - Jan 2025
Kyrgyzstan (2005=100) 146.7 Dec 2024 monthly Jan 2000 - Dec 2024
Latvia (2005=100) 130.4 Jan 2025 monthly Jan 1993 - Jan 2025
Lithuania (2005=100) 130.6 Jan 2025 monthly Jan 1993 - Jan 2025
Luxembourg (2005=100) 96.4 Jan 2025 monthly Jan 1993 - Jan 2025
North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
Malawi (2010=100) 91.5 Dec 2024 monthly Dec 1979 - Dec 2024
Malaysia (2005=100) 92.4 Jan 2025 monthly Jan 1994 - Jan 2025
Malta (2005=100) 96.0 Jan 2025 monthly Jan 1993 - Jan 2025
Mexico (2005=100) 102.8 Nov 2024 monthly Jan 1968 - Nov 2024
Moldova (2005=100) 250.2 Dec 2024 monthly Nov 1993 - Dec 2024
Mongolia (2005=100) 129.5 Dec 2024 monthly Jan 2000 - Dec 2024
Morocco (2005=100) 99.9 Dec 2024 monthly Jan 1988 - Dec 2024
Netherlands (2005=100) 96.9 Jan 2025 monthly Jan 1993 - Jan 2025
New Zealand (2005=100) 94.5 Dec 2024 monthly Jan 1984 - Dec 2024
Nigeria (2005=100) 81.6 Dec 2024 monthly Dec 1979 - Dec 2024
Norway (2005=100) 73.0 Jan 2025 monthly Jan 1994 - Jan 2025
Pakistan (2010=100) 103.7 Dec 2024 monthly Jan 2013 - Dec 2024
Paraguay (2005=100) 67.6 Dec 2024 monthly Jan 1995 - Dec 2024
Peru (2005=100) 90.3 Jan 2025 monthly Jan 1991 - Jan 2025
Philippines (2005=100) 148.9 Jan 2025 monthly Jan 1993 - Jan 2025
Poland (2005=100) 117.6 Jan 2025 monthly Jan 1994 - Jan 2025
Portugal (2005=100) 92.7 Jan 2025 monthly Jan 1993 - Jan 2025
Romania (2005=100) 114.2 Jan 2025 monthly Jan 1994 - Jan 2025
Russia (2005=100) 95.7 Jan 2025 monthly Jan 1994 - Jan 2025
Saudi Arabia (2005=100) 129.9 Jan 2025 monthly Jan 1994 - Jan 2025
Serbia (2005=100) 143.0 Dec 2024 monthly Jan 2002 - Dec 2024
Singapore (2005=100) 134.3 Jan 2025 monthly Jan 1994 - Jan 2025
Slovakia (2005=100) 138.2 Jan 2025 monthly Jan 1993 - Jan 2025
Slovenia (2005=100) 99.9 Jan 2025 monthly Jan 1993 - Jan 2025
South Africa (2005=100) 89.3 Dec 2024 monthly Jan 1970 - Dec 2024
Spain (2005=100) 96.1 Jan 2025 monthly Jan 1993 - Jan 2025
Sri Lanka (2017=100) 76.5 Dec 2024 monthly Jan 2013 - Dec 2024
Sweden (2005=100) 77.5 Jan 2025 monthly Jan 1994 - Jan 2025
Switzerland (2005=100) 113.0 Jan 2025 monthly Jan 1973 - Jan 2025
Taiwan (2005=100) 92.8 Jan 2025 monthly Jan 1994 - Jan 2025
Thailand (2005=100) 124.3 Dec 2024 monthly Jan 1994 - Dec 2024
Tunisia (2005=100) 86.9 Dec 2024 monthly Jan 1979 - Dec 2024
Turkey (2005=100) 66.9 Jan 2025 monthly Jan 1994 - Jan 2025
Ukraine (2005=100) 87.7 Dec 2024 monthly Dec 1992 - Dec 2024
United Arab Emirates (2005=100) 129.0 Jan 2025 monthly Jan 1994 - Jan 2025
United Kingdom (2005=100) 87.7 Jan 2025 monthly Jan 1994 - Jan 2025
United States (Jan2006=100) 122.4 Jan 2025 monthly Jan 2006 - Jan 2025
Uruguay (2005=100) 48.1 Jan 2025 monthly Jan 2000 - Jan 2025
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 127.5 Sep 2024 monthly Jan 2013 - Sep 2024

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Bangladesh Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2023 yearly 2006 - 2023
Consolidated Fiscal Balance (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Tax Revenue (USD mn) 2,471.617 Dec 2024 monthly Jul 1990 - Dec 2024
Tax Revenue: % of GDP (%) 7.4 2024 yearly 2006 - 2024
Government Debt: % of GDP (%) 26.6 2024 yearly 2010 - 2024
Forecast: Government Expenditure (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Forecast: Government Net Debt (BDT bn) 38,914.207 2029 yearly 2003 - 2029
Forecast: Government Revenue (BDT bn) 9,401.383 2029 yearly 1980 - 2029
Government Overall Balance: Excluding Grants (BDT mn) -24,130.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Revenue & Foreign Grants (BDT mn) 337,010.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Debt: Domestic (DO): Net (BDT mn) 4,862,018.000 Oct 2024 monthly Apr 2002 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.439 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,555.5 Nov 2024 monthly Jul 1986 - Nov 2024
Total Exports (USD mn) 3,373.3 Nov 2024 monthly Jul 1986 - Nov 2024
Total Exports Growth (%) 24.9 Nov 2024 monthly Jul 1987 - Nov 2024
Aluminum: Exports (USD th) 9,003.857 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 155,439.497 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,473.454 2023 yearly 1995 - 2023
Total Imports (USD mn) 4,928.7 Nov 2024 monthly Jul 1986 - Nov 2024
Total Imports Growth (%) -6.6 Nov 2024 monthly Jul 1987 - Nov 2024
Imports: Medicament (USD th) 90,090.495 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 784,086.126 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 684.843 Oct 2024 monthly Jan 1973 - Oct 2024
Total Imports from USA (USD mn) 247.243 Oct 2024 monthly Jan 1981 - Oct 2024
Total Exports to China (USD mn) 64.257 Oct 2024 monthly Nov 1998 - Oct 2024
Total Imports from China (USD mn) 1,533.530 Oct 2024 monthly Jan 1981 - Oct 2024
Export Price Index (2005-2006=100) 240.500 2021 yearly 2007 - 2021
Import Price Index (2005-2006=100) 283.380 2021 yearly 2007 - 2021
Imports: Textile and Articles Thereof (BDT mn) 59,774.335 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Capital Machinery (BDT mn) 25,673.897 Nov 2024 monthly Jul 2005 - Nov 2024
Imports: Petroleum Products (BDT mn) 77,308.218 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Yarn (BDT mn) 32,099.583 Nov 2024 monthly Jul 1999 - Nov 2024
Imports: Cotton (BDT mn) 30,887.113 Nov 2024 monthly Jul 1999 - Nov 2024
Terms of Trade Index (2005-2006=100) 87.110 2018 yearly 2007 - 2018
Imports: Asian Countries: excl Middle East: Indonesia (BDT mn) 0.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: India (BDT mn) 1,201,370.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Singapore (BDT mn) 121,829.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Japan (BDT mn) 239,522.000 2023 yearly 1987 - 2023
Export Volume Index (2015=100) 128.089 2021 yearly 1980 - 2021
Export Value Index (2015=100) 136.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 191.327 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 148.677 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2.0 Sep 2024 quarterly Sep 1997 - Sep 2024
Current Account Balance (USD mn) -534.0 Oct 2024 monthly Jul 1997 - Oct 2024
Current Account Balance: % of GDP (%) 0.9 2024 yearly 1998 - 2024
Foreign Direct Investment (USD mn) 300.0 Sep 2024 quarterly Sep 2003 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.3 2024 yearly 1998 - 2024
Foreign Portfolio Investment (USD mn) 1.758 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 1998 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 21.8 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -20.036 Sep 2024 quarterly Sep 1997 - Sep 2024
External Debt (USD mn) 103,788.9 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: % of GDP (%) 11.4 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 14,190.2 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: Short Term: % of GDP (%) 3.2 2024 yearly 2012 - 2024
Forecast: Current Account Balance (USD bn) -9.885 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -90,244.166 Sep 2024 quarterly Mar 2005 - Sep 2024
BD: BoP: Current Account: Services (USD mn) -4,635.474 2023 yearly 1976 - 2023
BD: IIP: Liabilities (USD mn) 125,197.376 2023 yearly 1999 - 2023
BoP: USD: CA: Trade Balance: Export F.O.B (USD mn) 10,560.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance (USD mn) -4,630.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Debit (USD mn) -2,547.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services (USD mn) -1,034.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance: Import F.O.B (USD mn) -15,190.000 Sep 2024 quarterly Sep 2011 - Sep 2024
Balance of Payment(BoP): USD: Current Account (CA) (USD mn) -127.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Official Transfers (USD mn) 27.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Credit (USD mn) 1,513.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account: Capital Transfers (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) -1,329.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Foreign Direct Investment (USD mn) 300.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Other Investment (OI) (USD mn) 283.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) -1,183.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Net Errors & Omissions (USD mn) -2,048.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Reserve Assets (RA) (USD mn) 1,459.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 146.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Private Transfers (PT) (USD mn) 6,693.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Portfolio Investment (PI) (USD mn) -23.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: PT: ow: Workers' Remittances (USD mn) 6,542.000 Sep 2024 quarterly Sep 2014 - Sep 2024
BoP: USD: CF: Financial Account: FDI: of which net inflow (USD mn) 300.000 Sep 2024 quarterly Sep 2015 - Sep 2024
IIP: Assets (BDT mn) 3,734,232.439 Sep 2024 quarterly Mar 2006 - Sep 2024
International Investment Position (IIP): Net (BDT mn) -10,829,299.921 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Liabilities (BDT mn) 14,563,532.360 Sep 2024 quarterly Mar 2006 - Sep 2024
Outstanding External Debt as Percentage of GDP (%) 13.730 2023 yearly 1997 - 2023
BD: BOP: Financial Account: Net (USD mn) 3,338.484 2023 yearly 1976 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Money Supply M1 (USD mn) 39,576.633 Dec 2024 monthly Jun 1986 - Dec 2024
Money Supply M2 (USD mn) 171,140.500 Dec 2024 monthly Jun 1986 - Dec 2024
M2 Growth (%) 7.6 Dec 2024 monthly Jun 1987 - Dec 2024
Reserve Requirement Ratio (%) 4.0 Jan 2025 monthly Oct 1999 - Jan 2025
Foreign Exchange Reserves (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023
Foreign Exchange Reserves: % of GDP (%) 4.000 Jan 2025 monthly Oct 1999 - Jan 2025
Foreign Exchange Reserves: Months of Import (NA) 3.0 Nov 2024 monthly Jul 1986 - Nov 2024
Gold Reserves (USD mn) 1,265.592 Jan 2025 monthly Jan 1972 - Jan 2025
Total Deposits (USD mn) 156,295.425 Nov 2024 monthly Dec 1986 - Nov 2024
Total Deposits Growth (%) 7.6 Nov 2024 monthly Dec 1987 - Nov 2024
Domestic Credit (USD mn) 179,248.7 Dec 2024 monthly Jul 1987 - Dec 2024
Domestic Credit Growth (%) 9.1 Dec 2024 monthly Jul 1988 - Dec 2024
Total Loans (USD mn) 181,418.367 Dec 2024 monthly Jun 1991 - Dec 2024
Total Loans Growth (%) 11.72 Dec 2024 monthly Jun 1992 - Dec 2024
Private Debt: % of Nominal GDP (%) 32.63 2024 yearly 1974 - 2024
Reserve Money M0 (BDT mn) 3,884,559.000 Nov 2024 monthly Jul 2019 - Nov 2024
Money Supply M3 (BDT mn) 24,184,554.737 Oct 2024 monthly Jul 2019 - Oct 2024

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