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Economy of Bangladesh vs Cameroon compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $51.3B for Cameroon, ranking 36/197 and 92/197 by economy size, respectively.

Bangladesh has $181B in government debt (40.3% of GDP), compared to $21.9B (39.9% of GDP) in Cameroon.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Bangladesh
GDP, current $

GDP, constant 2015 $
Cameroon
GDP, current $

GDP, constant 2015 $
Year GDP
Bangladesh Cameroon
Current $ Constant $ Current $ Constant $
1960 $4,274,894,083 $22,255,159,274 $614,206,068 $4,827,329,402
1961 $4,817,580,375 $23,603,412,615 $652,777,608 $4,884,469,574
1962 $5,081,413,542 $24,890,514,015 $694,247,864 $5,033,033,600
1963 $5,319,458,563 $24,777,039,582 $718,320,845 $5,221,397,415
1964 $5,386,054,833 $27,490,816,336 $776,650,177 $5,406,608,720
1965 $5,906,636,792 $27,932,389,835 $814,083,266 $5,516,149,517
1966 $6,439,687,854 $28,649,361,770 $851,112,535 $5,770,717,369
1967 $7,253,575,688 $28,111,938,729 $936,175,260 $5,141,012,904
1968 $7,483,685,771 $30,779,608,228 $1,046,191,218 $5,467,278,233
1969 $8,471,006,438 $31,155,383,509 $1,100,551,489 $5,735,255,756
1970 $8,992,722,167 $32,906,270,044 $1,151,216,993 $5,912,593,777
1971 $8,751,843,188 $31,103,176,562 $1,236,941,394 $6,118,334,765
1972 $6,288,245,867 $26,756,903,051 $1,498,251,890 $6,281,929,449
1973 $8,086,725,729 $27,646,752,078 $1,901,393,361 $6,618,369,537
1974 $12,512,460,520 $30,298,616,456 $2,157,415,533 $7,328,802,680
1975 $19,448,348,073 $29,059,944,148 $2,857,037,371 $8,152,930,849
1976 $10,117,113,333 $30,705,132,551 $2,898,090,002 $7,704,916,015
1977 $9,651,149,302 $31,525,897,955 $3,394,664,024 $8,763,561,577
1978 $13,281,767,143 $33,755,988,820 $4,662,852,583 $10,691,808,462
1979 $15,565,480,322 $35,376,828,059 $5,919,002,983 $11,337,071,802
1980 $18,138,049,096 $35,666,614,469 $6,674,569,047 $11,114,265,274
1981 $20,249,694,002 $38,246,717,278 $6,610,938,617 $13,012,879,895
1982 $18,525,399,202 $39,063,027,611 $6,611,255,964 $13,990,954,313
1983 $17,609,048,822 $40,579,081,838 $6,870,200,010 $14,951,689,440
1984 $18,920,840,000 $42,528,220,940 $7,311,938,026 $16,069,264,314
1985 $22,278,423,077 $43,949,520,316 $8,544,810,498 $17,364,955,075
1986 $21,774,033,333 $45,783,701,931 $11,857,056,199 $18,540,851,327
1987 $24,298,032,258 $47,510,847,151 $13,049,659,981 $18,142,844,102
1988 $26,579,005,558 $48,658,831,252 $12,236,057,362 $16,723,414,750
1989 $28,781,715,189 $50,039,078,964 $11,012,566,195 $16,419,195,682
1990 $31,598,340,778 $52,852,405,165 $12,314,482,628 $15,416,689,238
1991 $30,957,483,950 $54,694,431,891 $11,840,192,296 $14,829,529,308
1992 $31,708,874,594 $57,671,277,832 $12,071,775,335 $14,369,813,424
1993 $33,166,519,418 $60,388,495,685 $16,181,814,713 $13,229,990,256
1994 $33,768,660,883 $62,737,684,523 $8,902,446,252 $13,478,291,934
1995 $37,939,748,769 $65,950,655,693 $10,864,772,471 $13,868,353,888
1996 $46,438,484,108 $68,933,550,573 $11,093,538,846 $14,452,915,010
1997 $48,244,309,133 $72,028,595,646 $10,789,458,433 $15,107,243,821
1998 $49,984,559,471 $75,757,535,399 $11,298,144,990 $15,821,141,893
1999 $51,270,569,884 $79,295,530,764 $11,565,826,465 $16,534,881,735
2000 $53,369,787,319 $83,492,876,906 $10,566,579,295 $17,168,567,485
2001 $53,991,289,844 $87,732,050,538 $10,953,485,349 $17,910,981,186
2002 $54,724,081,491 $91,094,928,770 $12,417,251,350 $18,712,860,619
2003 $60,158,929,188 $95,412,434,317 $15,970,315,035 $19,733,301,669
2004 $65,108,544,250 $100,411,600,214 $18,826,214,136 $21,124,275,033
2005 $69,476,001,239 $106,974,447,116 $19,509,852,207 $21,594,980,960
2006 $71,795,736,172 $114,111,680,586 $20,910,512,975 $22,417,659,743
2007 $79,611,644,975 $122,166,366,936 $23,928,250,433 $23,387,803,923
2008 $91,636,997,371 $129,513,195,397 $27,715,142,033 $24,053,813,244
2009 $102,475,158,191 $136,047,297,736 $27,932,970,317 $24,674,221,649
2010 $115,275,540,051 $143,627,564,998 $27,507,501,821 $25,389,533,435
2011 $128,607,482,310 $152,912,195,328 $30,630,910,495 $26,247,499,414
2012 $133,310,747,603 $162,884,301,114 $30,155,062,329 $27,461,703,152
2013 $149,998,957,434 $172,679,520,662 $33,728,621,180 $28,833,560,541
2014 $172,886,611,654 $183,145,728,910 $36,386,544,706 $30,482,787,768
2015 $195,146,608,978 $195,146,608,978 $32,210,233,020 $32,210,233,020
2016 $265,224,515,675 $209,028,320,491 $33,814,337,044 $33,671,222,913
2017 $293,732,446,625 $222,803,809,377 $36,098,547,033 $34,863,580,363
2018 $321,362,752,442 $239,111,739,541 $39,955,552,190 $36,242,614,249
2019 $351,231,654,604 $257,958,323,969 $39,667,757,528 $37,502,066,833
2020 $373,979,442,362 $266,852,772,254 $40,773,241,177 $37,599,547,049
2021 $416,271,647,911 $285,368,829,855 $45,011,937,347 $38,854,942,335
2022 $460,131,689,083 $305,629,528,154 $44,347,206,073 $40,306,867,605
2023 $437,415,333,018 $323,279,976,841 $49,279,410,983 $41,616,173,715
2024 $450,119,424,622 $336,932,927,922 $51,326,764,685 $43,143,796,435

Economic indicators

Bangladesh Cameroon
Gross domestic product
$450B
2024
$51.3B
2024
GDP rank
36/197
2024
92/197
2024
GDP growth
2.9%
2023-2024
4.15%
2023-2024
GDP per capita
$2,593
2024
$1,762
2024
GDP per capita rank
146/197
2024
159/197
2024
GDP per capita, PPP
$9,647
2024
$5,591
2024
Government debt
$181B
2024
$21.9B
2024
Debt-to-GDP ratio
40.3%
2025
39.9%
2025
Government debt per person
$1,041
2024
$752
2024
Government debt per person rank
140/185
2024
152/185
2024
Average annual personal income after taxes
$2,159
2025
$1,492
2025
Market capitalization of domestic companies
$87.9B
2024
n/a
Income share by richest 10%
25.5%
2022
31.1%
2021
Income share by poorest 10%
3.7%
2022
2.1%
2021
Government expenditure, % of GDP
13%
2025
16.3%
2025
Consumer prices inflation
10%
2024-2025
4.53%
2023-2024
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.35%
2023
3.28%
2021
Population
177398795
30491011

GDP per capita in Bangladesh vs Cameroon

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $1,762 in Cameroon, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 134th at $9,647, while Cameroon ranks 155th at $5,591.

Bangladesh
GDP per capita

GDP per capita, PPP
Cameroon
GDP per capita

GDP per capita, PPP
Year Current $
Bangladesh Cameroon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $82.5 - $119.1 -
1961 $90.4 - $124.6 -
1962 $92.6 - $130 -
1963 $94.1 - $131.6 -
1964 $92.6 - $139.2 -
1965 $98.6 - $142.7 -
1966 $104.4 - $145.8 -
1967 $114.2 - $156.6 -
1968 $114.4 - $170.8 -
1969 $125.9 - $175.2 -
1970 $130.2 - $178.5 -
1971 $124.5 - $186.7 -
1972 $87.8 - $220.1 -
1973 $109.7 - $271.8 -
1974 $165 - $299.9 -
1975 $249.8 - $386 -
1976 $126.7 - $381 -
1977 $117.9 - $435 -
1978 $158.3 - $582 -
1979 $181.1 - $718 -
1980 $206.1 - $784 -
1981 $224.2 - $750 -
1982 $199.6 - $732 -
1983 $184.7 - $746 -
1984 $193.4 - $772 -
1985 $222.2 - $875 -
1986 $212.1 - $1,179 -
1987 $231.5 - $1,258 -
1988 $247.9 - $1,145 -
1989 $263 - $1,001 -
1990 $283.1 $941 $1,087 $2,032
1991 $272.1 $987 $1,015 $1,963
1992 $273.5 $1,045 $1,005 $1,890
1993 $280.8 $1,099 $1,310 $1,731
1994 $280.6 $1,145 $701 $1,752
1995 $309 $1,206 $832 $1,790
1996 $372 $1,261 $827 $1,850
1997 $379 $1,315 $783 $1,915
1998 $386 $1,373 $799 $1,975
1999 $388 $1,430 $796 $2,039
2000 $397 $1,512 $709 $2,108
2001 $395 $1,598 $715 $2,191
2002 $394 $1,659 $790 $2,263
2003 $427 $1,746 $988 $2,368
2004 $456 $1,862 $1,133 $2,533
2005 $480 $2,020 $1,143 $2,598
2006 $490 $2,195 $1,191 $2,704
2007 $538 $2,388 $1,326 $2,818
2008 $613 $2,555 $1,492 $2,870
2009 $679 $2,675 $1,461 $2,879
2010 $757 $2,834 $1,399 $2,914
2011 $837 $3,051 $1,514 $2,989
2012 $860 $3,434 $1,449 $3,060
2013 $958 $3,691 $1,576 $3,239
2014 $1,094 $3,973 $1,649 $3,422
2015 $1,224 $4,212 $1,415 $3,498
2016 $1,649 $4,579 $1,442 $3,627
2017 $1,811 $4,883 $1,496 $3,767
2018 $1,965 $5,490 $1,611 $4,011
2019 $2,130 $6,047 $1,555 $4,241
2020 $2,249 $6,641 $1,556 $4,365
2021 $2,483 $7,441 $1,672 $4,794
2022 $2,716 $8,451 $1,605 $5,189
2023 $2,551 $9,148 $1,737 $5,406
2024 $2,593 $9,647 $1,762 $5,591

Spending and national debt comparison

In 2024, Bangladesh's government spending was $54.3B, accounting for 13% of its GDP, while Cameroon's spent $8.52B, or 16.3% of GDP.

Debt-to-GDP ratio is 40.3% in Bangladesh and 39.9% in Cameroon, ranking 134/185 and 136/185, respectively.

Bangladesh
Government spending

Government debt
Cameroon
Government spending

Government debt
Year % of GDP
Bangladesh Cameroon
Government spending Government debt Government spending Government debt
1990 9.14% 31.5% - -
1991 8.86% 31.8% - -
1992 8.8% 33.1% - -
1993 9.74% 34.1% - -
1994 10% 35.5% - -
1995 10.5% 32.9% - -
1996 9.79% 31% - -
1997 9.89% 29.1% - -
1998 9.82% 31.1% - 67.8%
1999 8.66% 32.7% - 68.4%
2000 9.76% 31.2% 14.6% 75.9%
2001 10.7% 37.1% 14.6% 62.2%
2002 10.4% 38.9% 13.9% 56.6%
2003 10.2% 37% 13.2% 51.5%
2004 9.88% 36.6% 13.4% 51.7%
2005 10.3% 35.6% 12.4% 43.8%
2006 10.1% 35.3% 12.5% 18.4%
2007 9.63% 35% 13.5% 13.8%
2008 11.5% 33.9% 15.9% 11.2%
2009 10.6% 33% 14.7% 11.3%
2010 10.6% 29.6% 15.2% 14%
2011 11.5% 29.4% 17.8% 15%
2012 11.7% 29.1% 17.2% 14.9%
2013 12.1% 28.3% 19.2% 17.5%
2014 11.7% 28.7% 20.1% 20.7%
2015 11.5% 28.2% 20.1% 31.6%
2016 11.6% 27.7% 20.2% 32.1%
2017 12.2% 28.3% 19.2% 36.5%
2018 13% 29.6% 18% 38.3%
2019 13.6% 32% 18.7% 41.6%
2020 13.3% 34.5% 16.6% 44.9%
2021 12.9% 35.6% 17.1% 47.2%
2022 13% 37.9% 17.1% 45.6%
2023 12.7% 39.3% 17.1% 43.2%
2024 12.1% 40.1% 16.6% 42.7%
2025 13% 40.3% 16.3% 39.9%

Government deficit by year

In 2024, Bangladesh's government deficit, the difference between spending and revenue, was -$17B, equivalent to -3.79% of GDP. This compares to Cameroon's deficit of -$307M, or -0.6% of GDP.

Over the past 25 years, Bangladesh recorded a fiscal deficit in 25 of those years, while Cameroon ran a deficit in 17 years. On average, Bangladesh posted an annual deficit equal to -3.16% of GDP, compared to deficit of -0.007% of GDP for Cameroon.

Deficit/surplus
Bangladesh

Cameroon
Year Deficit/surplus, % of GDP
Bangladesh Cameroon
1990 -0.15% -
1991 0.44% -
1992 0.36% -
1993 0.43% -
1994 0.03% -
1995 -0.38% -
1996 -2.01% -
1997 -1.94% -
1998 -2.2% -
1999 -1.35% -
2000 -2.5% 1.54%
2001 -3.44% 0.86%
2002 -2.3% 1.51%
2003 -1.96% 0.56%
2004 -2.21% -0.46%
2005 -2.4% 3.03%
2006 -2.15% 28.2%
2007 -1.86% 3.87%
2008 -3.36% 2%
2009 -2.68% -0.04%
2010 -2.23% -0.93%
2011 -2.96% -2.26%
2012 -2.56% -1.4%
2013 -2.86% -3.55%
2014 -2.62% -4.09%
2015 -3.29% -4.25%
2016 -3.16% -5.88%
2017 -4.17% -4.72%
2018 -4.07% -2.41%
2019 -5.41% -3.24%
2020 -4.84% -3.19%
2021 -3.56% -3.01%
2022 -4.12% -1.11%
2023 -4.51% -0.63%
2024 -3.79% -0.6%
2025 -4.12% -0.84%

Inflation comparison by year

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.43%, compared with 2.79% in Cameroon. In 2024, inflation was 10% in Bangladesh and 4.53% in Cameroon.

Inflation
Bangladesh

Cameroon
Year Inflation
Bangladesh Cameroon Bangladesh Cameroon
1996 6.8% 3.92%
1997 2.7% 4.79%
1998 6.7% 3.17%
1999 8.9% 1.87%
2000 3.6% 1.23%
2001 1.8% 4.42%
2002 2.4% 2.83%
2003 3.9% 0.62%
2004 8.1% 0.23%
2005 6.5% 2.01%
2006 7.2% 5.12%
2007 7.2% 0.92%
2008 9.9% 5.34%
2009 6.7% 3.04%
2010 7.3% 1.28%
2011 8.8% 2.94%
2012 8.9% 2.74%
2013 6.8% 2.05%
2014 7.3% 1.85%
2015 6.4% 2.68%
2016 5.9% 0.87%
2017 5.4% 0.64%
2018 5.8% 1.07%
2019 5.5% 2.45%
2020 5.6% 2.44%
2021 5.6% 2.27%
2022 6.1% 6.25%
2023 9% 7.38%
2024 9.7% 4.53%
2025 10% -

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $1.57M
Machinery & equipment $53K
Miscellaneous $1K
Cameroon
Export category Export value
Textiles & consumer goods $204M
Wood & paper products $5.4M
Metals $66K

Balance of trade

Bangladesh Cameroon
Current account balance
$1.87B
2024
-$2.02B
2023
Current account balance ranking
45/189
2024
143/189
2023
Current account balance, % of GDP
+0.42%
2024
-4.1%
2023
Goods imports
$63.8B
2024
$7.74B
2023
Goods exports
$47.3B
2024
$6.34B
2023
Service imports
$11.3B
2024
$2.55B
2023
Service exports
$6.66B
2024
$2.01B
2023
Imports of goods and services, % of GDP
16.3%
2024
21.1%
2024
Exports of goods and services, % of GDP
10.5%
2024
14.7%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bangladesh Cameroon
Economic freedom 54.7 52.1
Economic freedom ranking 134/197 149/197
Property rights 36.5 31.3
Government integrity 23.3 20.7
Judicial effectiveness 27.9 10.3
Tax burden 82.6 72.9
Government spending 95 91.2
Fiscal health 70.2 92.3
Business freedom 53.9 48.8
Labor freedom 47.4 46.5
Monetary freedom 67.1 73.7
Trade freedom 62.2 57.2
Investment freedom 50 30
Financial freedom 40 50

Economic freedom by year comparison

The Economic Freedom Index for Bangladesh is 54.7, ranking 134/197, compared to 52.1 for Cameroon, ranking 149/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Bangladesh
Cameroon
Year Economic freedom index
Bangladesh Cameroon
1995 40.9 51.3
1996 51.1 45.7
1997 49.9 44.6
1998 52 48
1999 50 50.3
2000 48.9 49.9
2001 51.2 53.3
2002 51.9 52.8
2003 49.3 52.7
2004 50 52.3
2005 47.5 53
2006 52.9 54.6
2007 46.7 55.6
2008 44.2 54.3
2009 47.5 53
2010 51.1 52.3
2011 53 51.8
2012 53.2 51.8
2013 52.6 52.3
2014 54.1 52.6
2015 53.9 51.9
2016 53.3 54.2
2017 55 51.8
2018 55.1 51.9
2019 55.6 52.4
2020 56.4 53.6
2021 56.5 53.4
2022 52.7 52.9
2023 54.4 51.9
2024 54.4 53.6
2025 54.7 52.1

More economic indicators

Bangladesh Cameroon
Services, % of GDP
51.4%
2024
49.9%
2024
Industry, % of GDP
34.1%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
17.4%
2024
GNI, Atlas method
$490B
2024
$49B
2024
GNI per capita, PPP
$10,060
2024
$5,490
2024
Total reserves including gold
$21.4B
2024
$4.88B
2023
Total reserves ranking
61/177
2024
103/177
2023
Net foreign direct investment
-$1.51B
2024
-$901M
2023
Net inflows of foreign direct investment
$1.51B
2024
$925M
2024
Net outflows of foreign direct investment
-$2.07M
2024
$5.56M
2024
Servicing debt to the IMF, % of GNI
1.64%
2023
3.53%
2023
Poverty at national poverty lines
18.7%
2022
37.7%
2021
Gross capital formation, % of GDP
30.7%
2024
21.4%
2024

GDP per capita map

GDP per capita

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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.