Balanced trade in services in Bangladesh
Bangladesh: Balanced trade in services was 0.8643 US dollars, exchange rate converted in 2024. ▲ Rising
Balanced trade in services in Bangladesh, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
The most recent figure for balanced trade in services in Bangladesh is 0.8643 US dollars, exchange rate converted, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 34.2% on the previous year and up 112.0% over ten years.
Over the whole period, balanced trade in services in Bangladesh peaked at 0.8643 US dollars, exchange rate converted in 2024 and was at its lowest, 0.2257 US dollars, exchange rate converted, in 2006.
Bangladesh ranks 130th of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Balanced trade in services in Bangladesh, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 2005 | 0.2334 US dollars, exchange rate converted | — |
| 2006 | 0.2257 US dollars, exchange rate converted | -3.3% |
| 2007 | 0.2476 US dollars, exchange rate converted | +9.7% |
| 2008 | 0.2668 US dollars, exchange rate converted | +7.7% |
| 2009 | 0.2702 US dollars, exchange rate converted | +1.3% |
| 2010 | 0.2729 US dollars, exchange rate converted | +1.0% |
| 2011 | 0.293 US dollars, exchange rate converted | +7.4% |
| 2012 | 0.3097 US dollars, exchange rate converted | +5.7% |
| 2013 | 0.3521 US dollars, exchange rate converted | +13.7% |
| 2014 | 0.4078 US dollars, exchange rate converted | +15.8% |
| 2015 | 0.4664 US dollars, exchange rate converted | +14.4% |
| 2016 | 0.4873 US dollars, exchange rate converted | +4.5% |
| 2017 | 0.5235 US dollars, exchange rate converted | +7.4% |
| 2018 | 0.5725 US dollars, exchange rate converted | +9.4% |
| 2019 | 0.5951 US dollars, exchange rate converted | +4.0% |
| 2020 | 0.2866 US dollars, exchange rate converted | -51.8% |
| 2021 | 0.4491 US dollars, exchange rate converted | +56.7% |
| 2022 | 0.5754 US dollars, exchange rate converted | +28.1% |
| 2023 | 0.6439 US dollars, exchange rate converted | +11.9% |
| 2024 | 0.8643 US dollars, exchange rate converted | +34.2% |
Bangladesh compared with similar countries
- Bangladesh's 0.8643 US dollars, exchange rate converted is below the median for lower middle income countries, which is 1.24 US dollars, exchange rate converted, 70% of the median. (42 countries reporting)
- Bangladesh's 0.8643 US dollars, exchange rate converted is below the median for South Asia, which is 0.9974 US dollars, exchange rate converted, 87% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Balanced trade in services in Bangladesh changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -51.8% | 0.5951 US dollars, exchange rate converted | 0.2866 US dollars, exchange rate converted |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2487 US dollars, exchange rate converted | 0.2257 US dollars, exchange rate converted | 0.2702 US dollars, exchange rate converted | 5 |
| 2010s | 0.428 US dollars, exchange rate converted | 0.2729 US dollars, exchange rate converted | 0.5951 US dollars, exchange rate converted | 10 |
| 2020s | 0.5639 US dollars, exchange rate converted | 0.2866 US dollars, exchange rate converted | 0.8643 US dollars, exchange rate converted | 5 |
Countries ranked near Bangladesh
- 127 Albania 0.8962 US dollars, exchange rate converted compare
- 128 Mali 0.8899 US dollars, exchange rate converted compare
- 129 Turks and Caicos Islands 0.8735 US dollars, exchange rate converted compare
- 131 Liberia 0.8136 US dollars, exchange rate converted compare
- 132 Cambodia 0.7794 US dollars, exchange rate converted compare
- 133 Kosovo 0.7282 US dollars, exchange rate converted compare
More economy & growth data for Bangladesh
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 6.09 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -0.8666 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0052 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 13.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -5.6 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.95 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 23.47 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is balanced trade in services in Bangladesh?
- Balanced trade in services in Bangladesh was 0.8643 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Bangladesh?
- The highest recorded value was 0.8643 US dollars, exchange rate converted in 2024.
- What is the lowest balanced trade in services recorded in Bangladesh?
- The lowest recorded value was 0.2257 US dollars, exchange rate converted in 2006.
- How does Bangladesh rank for balanced trade in services?
- Bangladesh ranks 130th out of 174 countries with data for 2024.
- Is balanced trade in services rising or falling in Bangladesh?
- Over the last ten years it is up 112.0%. The long-run trend across the full record is rising.
- Where does this Bangladesh data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html