The impact of covid-19 in Bangladesh a case study on economic sector Our Team~ Leader Shakila Ahmed Members Mahfuja Alam, Fatema Tuz Zohora, Juma Akter Supervisor ~ Ashiqun Nabi Assistant Professor, Department of Business Administration Manarat International University

1. Welcome To
Our Presentation

2. The Impact Of Covid-19 In
Bangladesh Economy Sector

3. Supervisor
Ashiqun Nabi
Assistant Professor, Department of
Business Administration
Manarat International University

4. Our Team
1850BBA04051
Member
Mahfuja Alam
1747BBA03930
Member
Fatema Tuz Zohora
1749BBA03994
Member
Juma Akter
1749BBA03958
Leader
Shakila Ahmed

5. In our presentation we are
trying to present what
significant impact the COVID-
19 epidemic had on various
indicators of Bangladesh's
economy, especially on foreign
trade, agriculture, industry,
services and gross domestic
product.

6. Introduction
Objective of the study
Methodology of the study
Introduction
01
Economic indicators
Main sectors of industry
Foreign trade scenario of Bangladesh
Gross domestic product (GDP)
Analysis & Finding
02
Recommendations
Conclusion
Recommendations &
Conclusion
03

7. Coronavirus is the name of a global epidemic.
Since the outburst of Covid-19 in China, the world
economy is passing in a turmoil situation.
Countries like Bangladesh are at a greater risk
because of large population density, inadequate
infrastructure, and healthcare systems to provide
the required support.
In recent years, Bangladesh's economy grew in
2019 with a GDP growth of more than 7.9%. It has
come down to 3.8 in 2020, but 20% of the
population is poor. Due to the rapid spread of
Covid-19, it has already hit the economy of
Bangladesh
INTRODUCTION

8.  To explore an overview on
Coronavirus (COVID-19)
pandemic situation in
Bangladesh economy.
 To investigate on these global
and local economic impacts of
COVID-19.
 To find out, the different types of
financial problems, that we are
facing.
The main purpose of our today’s presentation is to
make evaluations of the potential impact of the
COVID-19 pandemic on the economy of Bangladesh.
Objective
of the
study

9. 2019-nCoV
CORONAVIRUS
During this study, we reviewed
varieties of newspapers, electronic
news media, Google Wikipedia and
update report provided by World
Health Organization (WHO) on
Coronavirus (COVID-19) situation in
Bangladesh.
Then we checked and collected the
update data to finalize and confirm the
concerned issue and variables of this
study from center bank of Bangladesh.

10. Analysis
It’s presents the findings of the study on the
impact of Covid-19 on the economy Sector
of Bangladesh.
• The findings are presented according to
the following study objectives:
 Due to high mortality Lack of human
resources and impact on the
economy.
 Due to the closure of financial
transactions of various traders, the
investments of the country's banks
and all types of income were
suspended.

11. Here we analysts assess
investment opportunities or
entire economies as a
whole. From gross domestic
products (GDPs) to
consumer price indices
(CPIs), there are a number
of data points that can help
global investors predict
changes in a country's
economy and strategically
adjust their portfolios.
Economic indicators
ECONOMIC INDICATORS
Main Indicators 2018 2019 2020 (e) 2021 (e) 2022 (e)
GDP (billions USD) 274.01 302.53 317.77 338.39 372.56
GDP (Constant Prices, Annual %
Change)
7.9 8.2 3.8 4.4 7.9
GDP per Capita (USD) 1e 1e 1 1 2
General Government Gross Debt
(in % of GDP)
34.6 35.8 39.6 41.9 42.3
Inflation Rate (%) 5.8 5.5 5.6 5.9 5.5
Current Account (billions USD) -9.57 -5.10 -4.85 -9.33 -5.08
Current Account (in % of GDP) -3.5 -1.7 -1.5 -2.8 -1.4
Source: IMF – World Economic Outlook Database, October 2020
Note 1: (e) Estimated Data. Note 2: The GDP growth projections for 2021 and
2022 (Constant Prices, Annual % Change) were updated by the IMF in January
2021

12. Economic indicators
274.01
7.9
0
34.6 5.8
-9.57
-3.5
0 0 0
302.53
8.2
0
35.8 5.5
-5.1
-1.7
0 0 0
317.77
3.8
1
39.6 5.6
-4.85
-1.5
0 0 0
338.39 4.4
1
41.9 5.9
-9.33 -2.8
0 0 0
372.56 7.9 2 42.3 5.5
-5.08 -1.4
0 0 0
GDP (BILLIONS
USD)
GDP (CONSTANT
PRICES,
ANNUAL %
CHANGE)
GDP PER
CAPITA (USD)
GENERAL
GOVERNMENT
GROSS DEBT (IN
% OF GDP)
INFLATION RATE
(%)
CURRENT
ACCOUNT
(BILLIONS USD)
CURRENT
ACCOUNT (IN %
OF GDP)
SOURCE: IMF –
WORLD
ECONOMIC
OUTLOOK
DATABASE,
OCTOBER 2020
NOTE 1: (E)
ESTIMATED
DATA
NOTE 2: THE
GDP GROWTH
PROJECTIONS
FOR 2021 AND
2022 (CONSTANT
PRICES,
ANNUAL %
CHANGE) WERE
UPDATED BY
THE IMF IN
JANUARY 2021
ECONOMIC INDICATORS
ECONOMIC INDICATORS 2018 ECONOMIC INDICATORS 2019 ECONOMIC INDICATORS 2020 (e)
ECONOMIC INDICATORS 2021 (e) ECONOMIC INDICATORS 2022 (e)

13. Main sectors of
industry
The Bangladeshi economy relies on its
enormous human resources, rich
agricultural soils and abundant water
resources. Agriculture represented
12.7% of GDP and employed 38% of the
total workforce in 2020 (World Bank,
2021). Main crops include rice, tea, jute,
wheat, sugarcane, tobacco, spices, and
fruits. Bangladesh is the world's fourth
biggest rice producer, although
shortages caused by natural disasters
occasionally force the country to
import rice.
37.7
21.6
40.6
12.7
29.6
52.8
3.9
12.7
6.8
AGRICULTURE INDUSTRY SERVICES
MAIN SECTORS OF INDUSTRY
Employment By Sector (in % of Total Employment)
Value Added (in % of GDP)
Value Added (Annual % Change)
Source: World Bank, Latest Available Data. Because of rounding, the sum of the
percentages may be smaller/greater than 100%.

14. Foreign trade scenario of Bangladesh
Trade deficit stood at US$ 17,861 million in FY2019-20 compared to US$ 15,835 million in FY2018-19. The current
account balance showed a deficit of US$ 4,849 million having of deficit in service and primary income sector.
Besides, the inflows of other investment of the capital and financial account increased due to inflows of short and
long term loans. This leads to a surplus of US$ 3,655 million in the overall balance in FY2019-20 compared to
US$ 179 million in the previous year. The overall balance of payments position from FY2017-18 to FY2019-20 has
been shown in graph
-18178
-15835
-17861
-4201 -3177 -2987
-2641 -2993 -2776
15453
16903
18775
-9567
-5102 -4849
331 239 256
9145
5907
7658
-857
179 3655
-25000
-20000
-15000
-10000
-5000
0
5000
10000
15000
20000
25000
2017-18 2018-19* 2019-20**
Balance of payment
Trade balance Services Primary Income Secondary Income Current account balance Capital account Financial account Overall balance

15. GDP growth in Bangladesh is accelerating
gradually. But the COVID-19 pandemic severely
affected the economy. According to the provisional
estimate of BBS, the GDP growth stood at 5.24
percent in FY2019-20, which was 9.99 percent in
previous fiscal year.
Gross domestic
product (GDP)

16. FINDINGS
 The banking sector are facing liquidity pressure as deposit growth and loan recovery
also declines.
 The official unemployment rate are increased, but this more than doubles for the youth
unemployment rate.
 Employment are increasing in service sector more than agriculture sector. On the other
hand more value added in this sector by % of GDP.
 In Foreign Trade import of goods and services are decrease and export of goods and
services are increase.
 We are losing our manpower in industrial sector.
 Gross Domestic Products (GDP) Annual Development Program (ADP), Fiscal Policy,
and Sustainable Development Goal (SDG) are profoundly hampered by the COVID-19
pandemic.

17. A huge number of the population is now
unemployed and increasing depression among
this unemployed. It is still unknown when the
devastating manner of Covid-19 will end, so all
arms of government and other agencies should
take effective policies, initiatives, coordination
and awareness buildup to avert the severity of
the crises and be proactive in soothing
possible negative impacts in near future.
The study suggested that as Covid-19 still
surfacing all over the world so some steps
should be ensured by the government
agencies of Bangladesh to mitigate possible
threats for the economy.
R e c o m m e n d a t i o n s
& Conclusion

18. Have any questions
The Impact Of Covid-19 In Bangladesh Economy Sector

19. Thanks
for
listening
patiently