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Bangladesh's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Bangladesh ranked 36/197 by economy size with a GDP of $450B and 146/197 by GDP per capita at $2,593. Bangladesh has $181B in government debt, with a debt-to-GDP ratio of 40.3%.

In 2025, Bangladesh made up 0.4% of the world's economy, compared to 0.31% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $4,274,894,083 $22,255,159,274 -
1961 $4,817,580,375 $23,603,412,615 12.7%
1962 $5,081,413,542 $24,890,514,015 5.48%
1963 $5,319,458,563 $24,777,039,582 4.68%
1964 $5,386,054,833 $27,490,816,336 1.25%
1965 $5,906,636,792 $27,932,389,835 9.67%
1966 $6,439,687,854 $28,649,361,770 9.02%
1967 $7,253,575,688 $28,111,938,729 12.6%
1968 $7,483,685,771 $30,779,608,228 3.17%
1969 $8,471,006,438 $31,155,383,509 13.2%
1970 $8,992,722,167 $32,906,270,044 6.16%
1971 $8,751,843,188 $31,103,176,562 -2.68%
1972 $6,288,245,867 $26,756,903,051 -28.1%
1973 $8,086,725,729 $27,646,752,078 28.6%
1974 $12,512,460,520 $30,298,616,456 54.7%
1975 $19,448,348,073 $29,059,944,148 55.4%
1976 $10,117,113,333 $30,705,132,551 -48%
1977 $9,651,149,302 $31,525,897,955 -4.61%
1978 $13,281,767,143 $33,755,988,820 37.6%
1979 $15,565,480,322 $35,376,828,059 17.2%
1980 $18,138,049,096 $35,666,614,469 16.5%
1981 $20,249,694,002 $38,246,717,278 11.6%
1982 $18,525,399,202 $39,063,027,611 -8.52%
1983 $17,609,048,822 $40,579,081,838 -4.95%
1984 $18,920,840,000 $42,528,220,940 7.45%
1985 $22,278,423,077 $43,949,520,316 17.7%
1986 $21,774,033,333 $45,783,701,931 -2.26%
1987 $24,298,032,258 $47,510,847,151 11.6%
1988 $26,579,005,558 $48,658,831,252 9.39%
1989 $28,781,715,189 $50,039,078,964 8.29%
1990 $31,598,340,778 $52,852,405,165 9.79%
1991 $30,957,483,950 $54,694,431,891 -2.03%
1992 $31,708,874,594 $57,671,277,832 2.43%
1993 $33,166,519,418 $60,388,495,685 4.6%
1994 $33,768,660,883 $62,737,684,523 1.82%
1995 $37,939,748,769 $65,950,655,693 12.4%
1996 $46,438,484,108 $68,933,550,573 22.4%
1997 $48,244,309,133 $72,028,595,646 3.89%
1998 $49,984,559,471 $75,757,535,399 3.61%
1999 $51,270,569,884 $79,295,530,764 2.57%
2000 $53,369,787,319 $83,492,876,906 4.09%
2001 $53,991,289,844 $87,732,050,538 1.16%
2002 $54,724,081,491 $91,094,928,770 1.36%
2003 $60,158,929,188 $95,412,434,317 9.93%
2004 $65,108,544,250 $100,411,600,214 8.23%
2005 $69,476,001,239 $106,974,447,116 6.71%
2006 $71,795,736,172 $114,111,680,586 3.34%
2007 $79,611,644,975 $122,166,366,936 10.9%
2008 $91,636,997,371 $129,513,195,397 15.1%
2009 $102,475,158,191 $136,047,297,736 11.8%
2010 $115,275,540,051 $143,627,564,998 12.5%
2011 $128,607,482,310 $152,912,195,328 11.6%
2012 $133,310,747,603 $162,884,301,114 3.66%
2013 $149,998,957,434 $172,679,520,662 12.5%
2014 $172,886,611,654 $183,145,728,910 15.3%
2015 $195,146,608,978 $195,146,608,978 12.9%
2016 $265,224,515,675 $209,028,320,491 35.9%
2017 $293,732,446,625 $222,803,809,377 10.7%
2018 $321,362,752,442 $239,111,739,541 9.41%
2019 $351,231,654,604 $257,958,323,969 9.29%
2020 $373,979,442,362 $266,852,772,254 6.48%
2021 $416,271,647,911 $285,368,829,855 11.3%
2022 $460,131,689,083 $305,629,528,154 10.5%
2023 $437,415,333,018 $323,279,976,841 -4.94%
2024 $450,119,424,622 $336,932,927,922 2.9%

Economic Statistics of Bangladesh

Bangladesh Rank
Gross domestic product
$450B
2024
36/197
GDP growth
2.9%
2023-2024
150/196
GDP per capita
$2,593
2024
146/197
GDP per capita, PPP
$9,647
2024
134/197
Government debt
$181B
2024
43/185
Debt-to-GDP ratio
40.3%
2025
134/185
Government debt per person
$1,041
2024
140/185
Average annual personal income after taxes
$2,159
2025
163/197
Listed domestic companies
691
2024
13/103
Market capitalization of domestic companies
$87.9B
2024
40/100
Income share by richest 10%
25.5%
2022
108/169
Income share by poorest 10%
3.7%
2022
21/169
Government expenditure, % of GDP
13%
2025
190/195
Consumer prices inflation
10%
2024-2025
27/195
Central bank interest rate
10%
2024
24/105
Unemployment rate
3.35%
2023
143/196
Population
177398795
8/197

Bangladesh's GDP per capita

Bangladesh has a GDP per capita of $2,593, ranking 146/197, a GDP per capita based on purchasing power parity (PPP) of $9,647, ranking 134/197, and a median annual after tax income of $2,159, ranking 163/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1960 $82.5 -
1961 $90.4 -
1962 $92.6 -
1963 $94.1 -
1964 $92.6 -
1965 $98.6 -
1966 $104.4 -
1967 $114.2 -
1968 $114.4 -
1969 $125.9 -
1970 $130.2 -
1971 $124.5 -
1972 $87.8 -
1973 $109.7 -
1974 $165 -
1975 $249.8 -
1976 $126.7 -
1977 $117.9 -
1978 $158.3 -
1979 $181.1 -
1980 $206.1 -
1981 $224.2 -
1982 $199.6 -
1983 $184.7 -
1984 $193.4 -
1985 $222.2 -
1986 $212.1 -
1987 $231.5 -
1988 $247.9 -
1989 $263 -
1990 $283.1 $941
1991 $272.1 $987
1992 $273.5 $1,045
1993 $280.8 $1,099
1994 $280.6 $1,145
1995 $309 $1,206
1996 $372 $1,261
1997 $379 $1,315
1998 $386 $1,373
1999 $388 $1,430
2000 $397 $1,512
2001 $395 $1,598
2002 $394 $1,659
2003 $427 $1,746
2004 $456 $1,862
2005 $480 $2,020
2006 $490 $2,195
2007 $538 $2,388
2008 $613 $2,555
2009 $679 $2,675
2010 $757 $2,834
2011 $837 $3,051
2012 $860 $3,434
2013 $958 $3,691
2014 $1,094 $3,973
2015 $1,224 $4,212
2016 $1,649 $4,579
2017 $1,811 $4,883
2018 $1,965 $5,490
2019 $2,130 $6,047
2020 $2,249 $6,641
2021 $2,483 $7,441
2022 $2,716 $8,451
2023 $2,551 $9,148
2024 $2,593 $9,647

Bangladesh's government spending, deficit, and chart

This chart shows Bangladesh's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 years — average annual deficit equal to -2.5% of GDP. In 2024, government spending reached $54.3B (13% of GDP), with a deficit of -4.12%.

The national debt reached $181B, ranking 43rd out of 185 countries by total size, with a debt-to-GDP ratio of 40.3%, ranking 134th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1990 9.14% 31.5% -0.15%
1991 8.86% 31.8% 0.44%
1992 8.8% 33.1% 0.36%
1993 9.74% 34.1% 0.43%
1994 10% 35.5% 0.03%
1995 10.5% 32.9% -0.38%
1996 9.79% 31% -2.01%
1997 9.89% 29.1% -1.94%
1998 9.82% 31.1% -2.2%
1999 8.66% 32.7% -1.35%
2000 9.76% 31.2% -2.5%
2001 10.7% 37.1% -3.44%
2002 10.4% 38.9% -2.3%
2003 10.2% 37% -1.96%
2004 9.88% 36.6% -2.21%
2005 10.3% 35.6% -2.4%
2006 10.1% 35.3% -2.15%
2007 9.63% 35% -1.86%
2008 11.5% 33.9% -3.36%
2009 10.6% 33% -2.68%
2010 10.6% 29.6% -2.23%
2011 11.5% 29.4% -2.96%
2012 11.7% 29.1% -2.56%
2013 12.1% 28.3% -2.86%
2014 11.7% 28.7% -2.62%
2015 11.5% 28.2% -3.29%
2016 11.6% 27.7% -3.16%
2017 12.2% 28.3% -4.17%
2018 13% 29.6% -4.07%
2019 13.6% 32% -5.41%
2020 13.3% 34.5% -4.84%
2021 12.9% 35.6% -3.56%
2022 13% 37.9% -4.12%
2023 12.7% 39.3% -4.51%
2024 12.1% 40.1% -3.79%
2025 13% 40.3% -4.12%

Inflation rate by year

Over the past 20 years, Bangladesh has had an average annual inflation rate of 7.26%. In 2025, inflation was 10%. The bar chart below shows consumer price inflation by year.

Year Inflation
1980 7.7%
1981 14.9%
1982 13.7%
1983 11.1%
1984 10%
1985 10.4%
1986 10.3%
1987 10.5%
1988 10.2%
1989 9.2%
1990 9.7%
1991 9.3%
1992 5.9%
1993 3.3%
1994 4.6%
1995 8.9%
1996 6.8%
1997 2.7%
1998 6.7%
1999 8.9%
2000 3.6%
2001 1.8%
2002 2.4%
2003 3.9%
2004 8.1%
2005 6.5%
2006 7.2%
2007 7.2%
2008 9.9%
2009 6.7%
2010 7.3%
2011 8.8%
2012 8.9%
2013 6.8%
2014 7.3%
2015 6.4%
2016 5.9%
2017 5.4%
2018 5.8%
2019 5.5%
2020 5.6%
2021 5.6%
2022 6.1%
2023 9%
2024 9.7%
2025 10%

Balance of trade

Bangladesh Rank
Current account balance
$1.87B
2024
45/189
Current account balance, % of GDP
+0.42%
2024
69/189
Goods imports
$63.8B
2024
46/188
Goods exports
$47.3B
2024
53/188
Service imports
$11.3B
2024
63/188
Service exports
$6.66B
2024
83/188
Imports of goods and services, % of GDP
16.3%
2024
175/180
Exports of goods and services, % of GDP
10.5%
2024
177/193

Bangladesh's top 10 trading partners

Bangladesh's biggest trading partner accounting for 14.8%% of all exports and imports is China, with a trade balance between the two of -$9.63B — Bangladesh exports $715M worth of goods and services to China and imports $10.3B.

Below is the list of the top 10 trade partners of Bangladesh.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $11.1B 14.8% $715M $10.3B Textiles & consumer goods Textiles & consumer goods
2 United States $7.12B 9.53% $6.14B $978M Textiles & consumer goods Raw agricultural goods
3 India $6.4B 8.57% $518M $5.88B Textiles & consumer goods Textiles & consumer goods
4 Germany $5.54B 7.41% $4.67B $863M Textiles & consumer goods Machinery & equipment
5 Singapore $4.59B 6.15% $175M $4.42B Textiles & consumer goods Raw materials & minerals
6 United Kingdom $3.79B 5.07% $3.5B $287M Textiles & consumer goods Machinery & equipment
7 Japan $2.66B 3.56% $957M $1.7B Textiles & consumer goods Machinery & equipment
8 Indonesia $2.24B 3% $35.7M $2.2B Textiles & consumer goods Processed food, beverages & tobacco
9 Spain $2.05B 2.74% $1.85B $204M Textiles & consumer goods Machinery & equipment
10 France $1.94B 2.6% $1.76B $189M Textiles & consumer goods Raw agricultural goods

Bangladesh's top 10 exports

Bangladesh Rank
Textiles & consumer goods $29.5B 14/193
Government & miscellaneous services $2.6B 8/180
Business & finance services $1.42B 71/188
Transport & tourism services $1.23B 110/188
Manufacturing & construction services $1.16B 40/164
Animal & marine products $762M 64/192
IT & IP services $724M 68/183
Machinery & equipment $450M 97/193
Processed food, beverages & tobacco $262M 115/192
Raw materials & minerals $232M 137/193

Bangladesh's top 10 imports

Bangladesh Rank
Textiles & consumer goods $12.4B 31/193
Machinery & equipment $9.99B 67/193
Raw materials & minerals $8.25B 58/193
Transport & tourism services $8.18B 52/188
Processed food, beverages & tobacco $4.28B 48/193
Chemicals & pharma $4.04B 70/193
Metals $3.61B 60/193
Raw agricultural goods $3.37B 40/193
Business & finance services $1.43B 78/188
Wood & paper products $1.16B 58/193

Economic freedom indices

Bangladesh Rank
Economic freedom 54.7 134/197
Property rights 36.5 131/182
Government integrity 23.3 131/182
Judicial effectiveness 27.9 131/182
Tax burden 82.6 71/181
Government spending 95 7/180
Fiscal health 70.2 93/181
Business freedom 53.9 127/182
Labor freedom 47.4 157/182
Monetary freedom 67.1 134/180
Trade freedom 62.2 141/181
Investment freedom 50 103/181
Financial freedom 40 103/181

Bangladesh's economic freedom by year

Bangladesh is ranked 120/180 for economic freedom with a score of 54.7, compared to 143/163 and a score of 47.5 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1995 40.9 - 44 91.5 -
1996 51.1 - 79.2 92 -
1997 49.9 - 70.6 94.2 -
1998 52 - 73 93.5 -
1999 50 - 77.2 94.5 -
2000 48.9 - 77.2 90.3 -
2001 51.2 - 77.3 93.3 -
2002 51.9 - 77.3 93.3 -
2003 49.3 - 77.2 94 -
2004 50 - 77.2 94.1 -
2005 47.5 - 84.1 93.4 -
2006 52.9 - 84.1 94.4 -
2007 46.7 - 84.1 94 -
2008 44.2 - 84 93.2 -
2009 47.5 - 72.8 94.2 -
2010 51.1 - 72.8 93.9 -
2011 53 - 72.7 92.4 -
2012 53.2 - 72.8 93.9 -
2013 52.6 - 72.7 92.1 -
2014 54.1 - 72.5 92.3 -
2015 53.9 - 72.7 92 -
2016 53.3 - 72.7 93.6 -
2017 55 26 72.8 94 78.7
2018 55.1 32.6 72.7 94.2 78.9
2019 55.6 34.5 72.7 94.5 77.6
2020 56.4 36.1 72.7 94.3 76.8
2021 56.5 35.4 84 93.8 66.3
2022 52.7 28.1 82.6 93.2 54
2023 54.4 22.5 82.1 94.7 63.4
2024 54.4 28.8 82.4 94.9 69.1
2025 54.7 27.9 82.6 95 70.2

More economic indicators

Bangladesh Rank
Services, % of GDP
51.4%
2024
125/191
Industry, % of GDP
34.1%
2024
37/194
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
67/193
GNI, Atlas method
$490B
2024
32/194
GNI per capita, PPP
$10,060
2024
128/191
Total reserves including gold
$21.4B
2024
61/177
Net foreign direct investment
-$1.51B
2024
131/188
Net inflows of foreign direct investment
$1.51B
2024
81/193
Net outflows of foreign direct investment
-$2.07M
2024
166/187
Servicing debt to the IMF, % of GNI
1.64%
2023
98/119
Poverty at national poverty lines
18.7%
2022
110/176
Gross capital formation, % of GDP
30.7%
2024
33/176

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GDP per capita map

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.