Bangladesh
Country indicators
GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)
GDP per capita (USD):
1,305.26
Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)
Fossil fuel subsidies (USD, billions):
1.05
Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)
Fossil fuel subsidies (% of GDP):
-0.4
Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)
Fossil fuel subsidies with externalities (% of GDP):
3.38
Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)
Revenue from environmentally related taxes (% of GDP):
n/a
Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)
Carbon Pricing Gap (%):
n/a
News
Environmental fiscal reforms can raise revenue and protect the environment in Bangladesh
2018-09-25
20 September 2018 – At the 2nd Annual Bangladesh Dissemination Event on Green Growth, economists and environmental experts suggested the implementation of environmental fiscal reforms. For instance, the country is still
Greening Public Financial Management for Sustainable Development: A Green Fiscal Framework for Bangladesh
2018-05-18
This paper offers suggestions on how principles of environmental conservation and sustainable use of natural capital can be embedded in, and delivered through the public finance mechanism (PFM) system of
Bangladesh backtracks on carbon tax proposal ahead of election year
2017-06-12
2 June 2017 – The government of Bangladesh has backtracked on plans to impose a carbon tax in its final budget proposal. In the run-up to the budget announcement, the