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    Data Analysis: Inward Amount

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    Elona Holmes
    This document analyzes Bangladesh's inward and outward remittance data from 2014 to 2019. It shows that both inward and outward remittance amounts have increased each year. Inward remittance grew from 84,440 million Taka in 2014 to 155,513 million Taka in 2018. Outward remittance increased from 60,445 million Taka to 111,320 million Taka over the same period. Bangladesh has experienced a positive net remittance gap each year. The contribution of inward remittance to total remittance to Bangladesh Bank has also risen yearly, from 7.10% in 2014-2015 to 11.27% in 2018-2019.

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    Data Analysis: Inward Amount

    Uploaded by

    Elona Holmes
    13 views5 pages
    This document analyzes Bangladesh's inward and outward remittance data from 2014 to 2019. It shows that both inward and outward remittance amounts have increased each year. Inward remittance grew from 84,440 million Taka in 2014 to 155,513 million Taka in 2018. Outward remittance increased from 60,445 million Taka to 111,320 million Taka over the same period. Bangladesh has experienced a positive net remittance gap each year. The contribution of inward remittance to total remittance to Bangladesh Bank has also risen yearly, from 7.10% in 2014-2015 to 11.27% in 2018-2019.

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    Data Analysis

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    This document analyzes Bangladesh's inward and outward remittance data from 2014 to 2019. It shows that both inward and outward remittance amounts have increased each year. Inward remittance grew from 84,440 million Taka in 2014 to 155,513 million Taka in 2018. Outward remittance increased from 60,445 million Taka to 111,320 million Taka over the same period. Bangladesh has experienced a positive net remittance gap each year. The contribution of inward remittance to total remittance to Bangladesh Bank has also risen yearly, from 7.10% in 2014-2015 to 11.27% in 2018-2019.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    13 views5 pages

    Data Analysis: Inward Amount

    Uploaded by

    Elona Holmes
    This document analyzes Bangladesh's inward and outward remittance data from 2014 to 2019. It shows that both inward and outward remittance amounts have increased each year. Inward remittance grew from 84,440 million Taka in 2014 to 155,513 million Taka in 2018. Outward remittance increased from 60,445 million Taka to 111,320 million Taka over the same period. Bangladesh has experienced a positive net remittance gap each year. The contribution of inward remittance to total remittance to Bangladesh Bank has also risen yearly, from 7.10% in 2014-2015 to 11.27% in 2018-2019.

    Copyright:

    © All Rights Reserved
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    of 5

    Data Analysis

    Inward:
    (million in Taka)

    Year Inward amount


    2014 84440
    2015 97106
    2016 112642
    2017 131791
    2018 155513

    Inward amount
    180000

    160000 155513

    140000 131791
    120000 112642

    100000 97106 Inward amount


    84440
    80000

    60000

    40000

    20000

    0
    2015 2016 2017 2018 2019

    Interpretation:

    Outward:
    (million in Taka)

    Year Outward amount


    2014 60445
    2015 69511
    2016 80632
    2017 94339
    2018 111320

    Outward amount
    120000
    111320

    100000 94339

    80632
    80000
    69511
    60445 Outward amount
    60000

    40000

    20000

    0
    2015 2016 2017 2018 2019

    Interpretation:

    Net remittance:
    Year Inward Outward Net Remittance
    Remittance Remittance Remittance Gap
    2015 84440 60445 11645 Positive
    2016 97106 69511 10443 Positive
    2017 112642 80632 12074 Positive
    2018 131791 94339 17292 Positive
    2019 155513 111320 23208 Positive

    Profit:
    (million)

    Year Profit
    2015 113723
    2016 103568
    2017 119693
    2018 169155
    2019

    Profit
    180000
    160000
    140000
    120000
    Profit
    100000
    80000
    60000
    40000
    20000
    0
    2015 2016 2017 2018 2019

    Trend

    Year Inward amount Outward amount


    2015 84440 60445
    2016 97106 69511
    2017 112642 80632
    2018 131791 94339
    2019 155513 111320
    180000

    160000
    155513
    140000
    131791
    120000
    112642 111320
    100000 97106 94339 Inward amount
    84440 80632
    80000 Outward amount
    69511
    60000 60445

    40000

    20000

    0
    2015 2016 2017 2018 2019

    Interpretation:

    Remittance to Bangladesh Bank:


    (billion)

    Year Remittance CBC Contribution


    2014-2015 1187672 84440 7.10%
    2015-2016 1168569 97106 8.30%
    2016-2017 1010308 112642 11.15%
    2017-2018 1229953 131791 10.72%
    2018-2019 1379680 155513 11.27%
    Contribution
    12.00% 11.27%
    11.15%
    10.72%
    10.00%
    8.30%
    8.00%
    7.10%
    Contribution
    6.00%

    4.00%

    2.00%

    0.00%
    2014-2015 2015-2016 2016-2017 2017-2018 2018-2019

    Interpretation:

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