Bangladesh vs Barbados: Economic Indicators Comparison

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Barbados ranked 157th with $5.1B. By GDP 5-years average growth and GDP per capita, Bangladesh and Barbados ranked 10th vs 159th and 155th vs 50th, respectively.

Gross Domestic Product & Income

StatBangladeshBarbados
GDP$274B$5.1B
GDP growth, 1 year7.7%-0.5%
GDP growth, 5-years average7.1%0.7%
Population164.7M286k
GDP per capita$1.7k$18k
GDP per capita growth6.74%-0.64%
Purchasing Power Parity conversion factor31.91.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.97
GDP per capita, PPP adjusted$4.6k$19k
GNI, Atlas method$282B$4.4B
GNI per capita$1.8k$15k
GNI, PPP adjusted$737.6B$4.7B
GNI per capita, PPP adjusted$4.6k$16k

Financial system and Human development

StatBangladeshBarbados
Income Tax Rate25%40%
Corporate Tax Rate45%5.5%
Inflation, consumer prices5.6%3.6%
Inflation, GDP deflator5.6%3.6%
Unemployment4.3%9.6%
Economic Freedom Index56.461.4
Personal Freedom Index5.68.22
Human Freedom Index5.87.21
Property Rights Index4156.6
Judical Effectiveness Index36.136.1
Business Freedom Index52.369.4
Fiscal Health Index76.863.1
Labor Freedom Index68.460
Investment Freedom Index4570
Financial Freedom Index3060
Trade Freedom Index63.656.6
Monetary Freedom Index7077.9
Government Spending Index94.369.2
Tax Burden Index72.773.6
Government Integrity Index26.644
Corruption Perceptions Index2668
Life expectancy at birth, years72.179
Suicide mortality rate, per 100,000 people5.90.8
Mortality caused by road traffic injury, per 100,000 people15.35.6
Intentional homicides, per 100,000 people2.210.5
International tourism, number of arrivals1M680k

Government debt & reserves

StatBangladeshBarbados
Central government debt, % of GDP34.8%124.5%
External debt stocks, % of GNI18.2%N/A
External debt stocks$52.1BN/A
Short-term debt, % of total reserves28.2%N/A
Total debt service, % of exports and primary income6.3%N/A
Adjusted net savings including particulate emission damage, % of GNI24.5%-6.8%
Gross savings, % of GDP33.3%-0.5%
Gross capital formation, % of GDP31.2%11.3%
Total reserves including gold$32B$431.8M
Foreign direct investment net inflows$2.9B$195.1M

Exports, imports and economic structure

StatBangladeshBarbados
Exports of goods and services, % of GDP14.8%42%
Imports of goods and services, % of GDP23.4%40.9%
Current account balance (balance of payments)-$7.6B-$248.2M
Revenue excluding grants, % of GDP10.2%26.7%
Grants excluding technical cooperation, BoP$1.3B$13.8M
Personal remittances received$15.6B$108.3M
Industry including construction value added, % of GDP28.5%14%
Agriculture, forestry and fishing value added, % of GDP13.1%1.3%
Charges for the use of intellectual property, payments BoP$39.7M$12.1M
Charges for the use of intellectual property, receipts BoP$444k$33.4M
Expense, % of GDP9.4%35.2%
Government Expenditure, % of GDP13.7%32%

Compare with countries close by GDP per capita

Bangladesh vs

CountryGDP
per capita
Population
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M

Barbados vs

CountryGDP
per capita
Population
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M