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Bangladesh 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 $184B in government debt, with a debt-to-GDP ratio of 41%.

In 2024, Bangladesh made up 0.41% of the world's economy, compared to 0.31% in 1960.

Bangladesh GDP & GDP growth by year

GDP, current $
Inflation-adjusted growth
1x
Year GDP GDP growth
2024 $450,119,432,069 4.22%
2023 $437,415,333,018 5.78%
2022 $460,131,689,083 7.1%
2021 $416,271,647,911 6.94%
2020 $373,979,442,362 3.45%
2019 $351,231,654,604 7.88%
2018 $321,362,752,442 7.32%
2017 $293,732,446,625 6.59%
2016 $265,224,515,675 7.11%
2015 $195,146,608,978 6.55%
2014 $172,886,611,654 6.06%
2013 $149,998,957,434 6.01%
2012 $133,310,747,603 6.52%
2011 $128,607,482,310 6.46%
2010 $115,275,540,051 5.57%
2009 $102,475,158,191 5.05%
2008 $91,636,997,371 6.01%
2007 $79,611,644,975 7.06%
2006 $71,795,736,172 6.67%
2005 $69,476,001,239 6.54%
2004 $65,108,544,250 5.24%
2003 $60,158,929,188 4.74%
2002 $54,724,081,491 3.83%
2001 $53,991,289,844 5.08%
2000 $53,369,787,319 5.29%
1999 $51,270,569,884 4.67%
1998 $49,984,559,471 5.18%
1997 $48,244,309,133 4.49%
1996 $46,438,484,108 4.52%
1995 $37,939,748,769 5.12%
1994 $33,768,660,883 3.89%
1993 $33,166,519,418 4.71%
1992 $31,708,874,594 5.44%
1991 $30,957,483,950 3.49%
1990 $31,598,340,778 5.62%
1989 $28,781,715,189 2.84%
1988 $26,579,005,558 2.42%
1987 $24,298,032,258 3.77%
1986 $21,774,033,333 4.17%
1985 $22,278,423,077 3.34%
1984 $18,920,840,000 4.8%
1983 $17,609,048,822 3.88%
1982 $18,525,399,202 2.13%
1981 $20,249,694,002 7.23%
1980 $18,138,049,096 0.82%
1979 $15,565,480,322 4.8%
1978 $13,281,767,143 7.07%
1977 $9,651,149,302 2.67%
1976 $10,117,113,333 5.66%
1975 $19,448,348,073 -4.09%
1974 $12,512,460,520 9.59%
1973 $8,086,725,729 3.33%
1972 $6,288,245,867 -14%
1971 $8,751,843,188 -5.48%
1970 $8,992,722,167 5.62%
1969 $8,471,006,438 1.22%
1968 $7,483,685,771 9.49%
1967 $7,253,575,688 -1.88%
1966 $6,439,687,854 2.57%
1965 $5,906,636,792 1.61%
1964 $5,386,054,833 11%
1963 $5,319,458,563 -0.46%
1962 $5,081,413,542 5.45%
1961 $4,817,580,375 6.06%
1960 $4,274,894,083 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bangladesh | CC BY

Bangladesh GDP per capita by year

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

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bangladesh | CC BY

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 135/197, and a median annual after tax income of $2,222, ranking 156/197.

Bangladesh GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 36 136 124
2023 35 143 129
2022 35 140 129
2021 36 142 130
2020 32 140 131
2019 37 148 135
2018 41 150 139
2017 41 152 141
2016 42 151 142
2015 46 163 146
2014 56 172 147
2013 58 174 149
2012 59 175 148
2011 59 173 152
2010 59 175 156
2009 58 176 159
2008 62 179 160
2007 60 173 161
2006 57 171 160
2005 55 167 161
2004 55 167 161
2003 51 165 161
2002 52 163 162
2001 49 166 163
2000 49 165 163
1999 49 164 163
1998 50 162 160
1997 51 163 160
1996 52 162 157
1995 54 167 156
1994 54 159 157
1993 53 164 156
1992 55 163 157
1991 55 166 158
1990 55 166 158
1989 52 151 -
1988 51 158 -
1987 54 154 -
1986 51 150 -
1985 48 148 -
1984 52 149 -
1983 52 149 -
1982 54 149 -
1981 52 146 -
1980 53 148 -
1979 53 142 -
1978 52 139 -
1977 55 143 -
1976 51 139 -
1975 32 118 -
1974 43 124 -
1973 46 132 -
1972 48 133 -
1971 34 124 -
1970 33 122 -
1969 30 103 -
1968 30 102 -
1967 30 101 -
1966 31 103 -
1965 31 105 -
1964 32 100 -
1963 31 99 -
1962 29 97 -
1961 30 95 -
1960 28 96 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bangladesh | CC BY

Compared with 2000, in 2024 Bangladesh is ranked 36th out of 182 by GDP (up from 49th), 136th by GDP per capita (up from 165th), and 124th by GDP per capita PPP (up from 163rd).

Economic indicators

Bangladesh Rank
Gross domestic product
$450B
2024
36/197
GDP growth
4.22%
2023-2024
54/194
GDP per capita
$2,593
2024
146/197
GDP per capita, PPP
$9,647
2024
135/197
Government debt
$184B
2024
44/185
Debt-to-GDP ratio
41%
2024
131/185
Government debt per person
$1,063
2024
139/185
Average annual personal income after taxes
$2,222
2026
156/197
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
12%
2024
191/195
Consumer prices inflation
9.7%
2023-2024
29/195
Central bank interest rate
10%
2024
24/106
Unemployment rate
3.64%
2024
135/196
Population
178415186
8/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2024 12% 41% -3.69%
2023 12.6% 39.7% -4.39%
2022 13% 37.9% -4.53%
2021 12.9% 35.6% -3.56%
2020 13.3% 34.5% -4.84%
2019 13.6% 32% -5.41%
2018 13% 29.6% -4.07%
2017 12.2% 28.3% -4.17%
2016 11.6% 27.7% -3.16%
2015 11.5% 28.2% -3.29%
2014 11.7% 28.7% -2.62%
2013 12.1% 28.3% -2.86%
2012 11.7% 29.1% -2.56%
2011 11.5% 29.4% -2.96%
2010 10.6% 29.6% -2.23%
2009 10.6% 33% -2.68%
2008 11.5% 33.9% -3.36%
2007 9.63% 35% -1.86%
2006 10.1% 35.3% -2.15%
2005 10.3% 35.6% -2.4%
2004 9.88% 36.6% -2.21%
2003 10.2% 37% -1.96%
2002 10.4% 38.9% -2.3%
2001 10.7% 37.1% -3.44%
2000 9.76% 31.2% -2.5%
1999 8.66% 32.7% -1.35%
1998 9.82% 31.1% -2.2%
1997 9.89% 29.1% -1.94%
1996 9.79% 31% -2.01%
1995 10.5% 32.9% -0.38%
1994 10% 35.5% 0.03%
1993 9.74% 34.1% 0.43%
1992 8.8% 33.1% 0.36%
1991 8.86% 31.8% 0.44%
1990 9.14% 31.5% -0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20).

GeoRank.org/economy/bangladesh | CC BY

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

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of them, with an average annual deficit equal to 2.46% of GDP. In 2024, government spending reached $54.2B (12% of GDP), with a deficit of 3.69%.

The national debt reached $184B, ranking 44th out of 185 countries by total size, with a debt-to-GDP ratio of 41%, ranking 131st.

Inflation rate by year

1x
Year Inflation
2024 9.7%
2023 9%
2022 6.1%
2021 5.6%
2020 5.6%
2019 5.5%
2018 5.8%
2017 5.4%
2016 5.9%
2015 6.4%
2014 7.3%
2013 6.8%
2012 8.9%
2011 8.8%
2010 7.3%
2009 6.7%
2008 9.9%
2007 7.2%
2006 7.2%
2005 6.5%
2004 8.1%
2003 3.9%
2002 2.4%
2001 1.8%
2000 3.6%
1999 8.9%
1998 6.7%
1997 2.7%
1996 6.8%
1995 8.9%
1994 4.6%
1993 3.3%
1992 5.9%
1991 9.3%
1990 9.7%
1989 9.2%
1988 10.2%
1987 10.5%
1986 10.3%
1985 10.4%
1984 10%
1983 11.1%
1982 13.7%
1981 14.9%
1980 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1980–2024, retrieved 2026-02-20).

GeoRank.org/economy/bangladesh | CC BY

Over the past 20 years, Bangladesh has had an average annual inflation rate of 7.08%. In 2024, inflation was 9.7%. The bar chart above shows consumer price inflation by year.

Balance of trade

Bangladesh Rank
Current account balance
$1.43B
2024
52/190
Current account balance, % of GDP
+0.32%
2024
71/190
Goods imports
$63.8B
2024
48/189
Goods exports
$47.3B
2024
55/189
Service imports
$12.3B
2024
63/189
Service exports
$7.47B
2024
79/189
Imports of goods and services, % of GDP
16.3%
2024
175/181
Exports of goods and services, % of GDP
10.5%
2024
177/193

Bangladesh 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

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

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 54.8 131/197
Property rights 32.1 138/182
Government integrity 22.7 154/182
Judicial effectiveness 36.7 109/182
Tax burden 79.9 86/182
Government spending 95.3 5/180
Fiscal health 68.4 106/181
Business freedom 52.7 132/182
Labor freedom 50.5 136/182
Monetary freedom 65.8 149/180
Trade freedom 63 138/181
Investment freedom 50 101/181
Financial freedom 40 102/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 54.8 36.7 79.9 95.3 68.4
2025 54.7 27.9 82.6 95 70.2
2024 54.4 28.8 82.4 94.9 69.1
2023 54.4 22.5 82.1 94.7 63.4
2022 52.7 28.1 82.6 93.2 54
2021 56.5 35.4 84 93.8 66.3
2020 56.4 36.1 72.7 94.3 76.8
2019 55.6 34.5 72.7 94.5 77.6
2018 55.1 32.6 72.7 94.2 78.9
2017 55 26 72.8 94 78.7
2016 53.3 - 72.7 93.6 -
2015 53.9 - 72.7 92 -
2014 54.1 - 72.5 92.3 -
2013 52.6 - 72.7 92.1 -
2012 53.2 - 72.8 93.9 -
2011 53 - 72.7 92.4 -
2010 51.1 - 72.8 93.9 -
2009 47.5 - 72.8 94.2 -
2008 44.2 - 84 93.2 -
2007 46.7 - 84.1 94 -
2006 52.9 - 84.1 94.4 -
2005 47.5 - 84.1 93.4 -
2004 50 - 77.2 94.1 -
2003 49.3 - 77.2 94 -
2002 51.9 - 77.3 93.3 -
2001 51.2 - 77.3 93.3 -
2000 48.9 - 77.2 90.3 -
1999 50 - 77.2 94.5 -
1998 52 - 73 93.5 -
1997 49.9 - 70.6 94.2 -
1996 51.1 - 79.2 92 -
1995 40.9 - 44 91.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bangladesh | CC BY

Bangladesh is ranked 117/174 for economic freedom with a score of 54.8, compared to 124/162 and a score of 52.9 in 2006.

Other economic metrics

Bangladesh Rank
Services, % of GDP
51.4%
2024
123/191
Industry, % of GDP
34.1%
2024
38/194
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
65/193
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
-$1.49B
2024
132/189
Net inflows of foreign direct investment
$1.31B
2024
88/193
Net outflows of foreign direct investment
$34.1M
2024
108/193
Servicing debt to the IMF, % of GNI
1.83%
2024
97/121
Poverty at national poverty lines
18.7%
2022
110/176
Gross capital formation, % of GDP
30.7%
2024
27/178

Compare Bangladesh vs other countries

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bangladesh | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2015–2023, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.