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Economy of Bangladesh vs China compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $19.5T for China, ranking 38/197 and 2/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $19.3T (99.2% of GDP) in China.

Bangladesh vs China GDP by year

Bangladesh
China
1x
Year GDP, current $
Bangladesh China
2025 $456,319,229,256 $19,498,039,388,043
2024 $450,119,432,069 $18,729,668,435,848
2023 $437,415,333,018 $18,270,356,654,533
2022 $460,131,689,083 $18,316,765,021,690
2021 $416,271,647,911 $18,201,698,719,564
2020 $373,979,442,362 $14,996,414,166,715
2019 $351,231,654,604 $14,560,167,101,283
2018 $321,362,752,442 $14,147,765,772,964
2017 $293,732,446,625 $12,537,559,062,283
2016 $265,224,515,675 $11,456,024,084,962
2015 $195,146,608,978 $11,280,814,787,469
2014 $172,886,611,654 $10,674,533,168,257
2013 $149,998,957,434 $9,743,124,247,267
2012 $133,310,747,603 $8,673,664,713,189
2011 $128,607,482,310 $7,671,757,207,851
2010 $115,275,540,051 $6,192,564,874,453
2009 $102,475,158,191 $5,189,577,094,998
2008 $91,636,997,371 $4,667,346,414,522
2007 $79,611,644,975 $3,604,055,822,572
2006 $71,795,736,172 $2,791,498,472,804
2005 $69,476,001,239 $2,317,551,298,052
2004 $65,108,544,250 $1,984,196,551,300
2003 $60,158,929,188 $1,683,903,309,844
2002 $54,724,081,491 $1,489,821,682,051
2001 $53,991,289,844 $1,355,036,590,252
2000 $53,369,787,319 $1,223,754,919,971
1999 $51,270,569,884 $1,103,843,203,576
1998 $49,984,559,471 $1,037,134,141,760
1997 $48,244,309,133 $967,753,570,435
1996 $46,438,484,108 $868,523,936,530
1995 $37,939,748,769 $738,190,896,228
1994 $33,768,660,883 $566,929,539,493
1993 $33,166,519,418 $446,557,291,212
1992 $31,708,874,594 $428,502,354,788
1991 $30,957,483,950 $384,510,452,962
1990 $31,598,340,778 $361,560,229,446
1989 $28,781,715,189 $348,380,566,802
1988 $26,579,005,558 $312,888,888,889
1987 $24,298,032,258 $273,455,156,951
1986 $21,774,033,333 $301,310,144,928
1985 $22,278,423,077 $310,064,625,850
1984 $18,920,840,000 $260,442,857,143
1983 $17,609,048,822 $231,130,268,199
1982 $18,525,399,202 $205,480,916,031
1981 $20,249,694,002 $196,218,253,968
1980 $18,138,049,096 $191,487,500,000
1979 $15,565,480,322 $178,573,913,043
1978 $13,281,767,143 $149,788,617,886
1977 $9,651,149,302 $175,226,595,860
1976 $10,117,113,333 $154,196,810,059
1975 $19,448,348,073 $163,687,619,736
1974 $12,512,460,520 $144,418,433,058
1973 $8,086,725,729 $138,764,340,892
1972 $6,288,245,867 $113,871,930,714
1971 $8,751,843,188 $99,959,013,880
1970 $8,992,722,167 $92,752,930,873
1969 $8,471,006,438 $79,847,786,729
1968 $7,483,685,771 $70,980,323,819
1967 $7,253,575,688 $73,011,350,596
1966 $6,439,687,854 $76,854,053,259
1965 $5,906,636,792 $70,565,994,356
1964 $5,386,054,833 $59,821,862,703
1963 $5,319,458,563 $50,812,227,919
1962 $5,081,413,542 $47,310,737,754
1961 $4,817,580,375 $50,162,299,350
1960 $4,274,894,083 $59,846,235,025

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

GDP per capita in Bangladesh vs China by year

Bangladesh
GDP per capita

GDP per capita, PPP
China
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh China
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $13,862 -
2024 $2,593 $9,647 $13,293 $27,105
2023 $2,551 $9,148 $12,951 $25,179
2022 $2,716 $8,451 $12,971 $23,032
2021 $2,483 $7,441 $12,887 $20,843
2020 $2,249 $6,641 $10,627 $18,267
2019 $2,130 $6,047 $10,343 $17,601
2018 $1,965 $5,490 $10,086 $16,298
2017 $1,811 $4,883 $8,980 $15,022
2016 $1,649 $4,579 $8,255 $14,157
2015 $1,224 $4,212 $8,175 $13,463
2014 $1,094 $3,973 $7,781 $12,942
2013 $958 $3,691 $7,147 $12,228
2012 $860 $3,434 $6,405 $11,420
2011 $837 $3,051 $5,704 $10,457
2010 $757 $2,834 $4,629 $9,411
2009 $679 $2,675 $3,898 $8,448
2008 $613 $2,555 $3,523 $7,713
2007 $538 $2,388 $2,735 $6,935
2006 $490 $2,195 $2,129 $5,946
2005 $480 $2,020 $1,778 $5,148
2004 $456 $1,862 $1,531 $4,505
2003 $427 $1,746 $1,307 $4,007
2002 $394 $1,659 $1,164 $3,591
2001 $395 $1,598 $1,065 $3,258
2000 $397 $1,512 $969 $2,964
1999 $388 $1,430 $881 $2,690
1998 $386 $1,373 $835 $2,483
1997 $379 $1,315 $787 $2,297
1996 $372 $1,261 $713 $2,088
1995 $309 $1,206 $613 $1,884
1994 $280.6 $1,145 $476 $1,680
1993 $280.8 $1,099 $379 $1,471
1992 $273.5 $1,045 $368 $1,276
1991 $272.1 $987 $334 $1,105
1990 $283.1 $941 $319 $991
1989 $263 - $311 -
1988 $247.9 - $284 -
1987 $231.5 - $252.3 -
1986 $212.1 - $282.4 -
1985 $222.2 - $295 -
1984 $193.4 - $251.2 -
1983 $184.7 - $225.9 -
1982 $199.6 - $203.7 -
1981 $224.2 - $197.4 -
1980 $206.1 - $195.1 -
1979 $181.1 - $184.3 -
1978 $158.3 - $156.7 -
1977 $117.9 - $185.7 -
1976 $126.7 - $165.7 -
1975 $249.8 - $178.6 -
1974 $165 - $160.4 -
1973 $109.7 - $157.3 -
1972 $87.8 - $132.1 -
1971 $124.5 - $118.8 -
1970 $130.2 - $113.3 -
1969 $125.9 - $100.3 -
1968 $114.4 - $91.6 -
1967 $114.2 - $96.8 -
1966 $104.4 - $104.5 -
1965 $98.6 - $98.7 -
1964 $92.6 - $85.7 -
1963 $94.1 - $74.5 -
1962 $92.6 - $71.1 -
1961 $90.4 - $76 -
1960 $82.5 - $89.7 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $13,862 in China, ranking 77/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while China ranks 77th at $27,105.

Economic indicators

Bangladesh China
Gross domestic product
$456B
2025
$19.5T
2025
GDP rank
38/197
2025
2/197
2025
GDP growth
3.49%
2024-2025
4.96%
2024-2025
GDP per capita
$2,597
2025
$13,862
2025
GDP per capita rank
151/197
2025
77/197
2025
GDP per capita, PPP
$9,647
2024
$27,105
2024
GDP per capita PPP rank
135/197
2024
77/197
2024
Government debt
$192B
2025
$19.3T
2025
Debt-to-GDP ratio
42%
2025
99.2%
2025
Government debt per person
$1,092
2025
$13,756
2025
Government debt per person rank
143/185
2025
47/185
2025
Average annual personal income after taxes
$2,829
2026
$10,414
2026
Market capitalization of domestic companies
$26.2B
2025
$15.5T
2025
Number of millionaires n/a
5,305,000
2026
Number of billionaires n/a
539
2026
Income share by richest 10%
25.5%
2022
28.4%
2022
Income share by poorest 10%
3.7%
2022
3.1%
2022
Government expenditure, % of GDP
10.9%
2025
32.9%
2025
Consumer prices inflation
10%
2024-2025
0%
2024-2025
Central bank interest rate
10%
2024
3%
2025
Unemployment rate
3.64%
2024
4.57%
2022
Population
178936470
1403335670

Spending and national debt comparison by year

Bangladesh
Spending

Debt
China
Spending

Debt
1x
Year % of GDP
Bangladesh China
Government spending Government debt Government spending Government debt
2025 10.9% 42% 32.9% 99.2%
2024 12% 41% 32.9% 90.4%
2023 12.6% 39.7% 32.7% 84.1%
2022 13% 37.9% 32.6% 77.3%
2021 12.9% 35.6% 31.9% 72.1%
2020 13.3% 34.5% 34.8% 70.1%
2019 13.6% 32% 33.6% 59.8%
2018 13% 29.6% 32.6% 55.9%
2017 12.2% 28.3% 32% 53.9%
2016 11.6% 27.7% 31.7% 50%
2015 11.5% 28.2% 31% 40.8%
2014 11.7% 28.7% 28.4% 39.3%
2013 12.1% 28.3% 28.1% 36.4%
2012 11.7% 29.1% 27.7% 33.8%
2011 11.5% 29.4% 26.6% 33.2%
2010 10.6% 29.6% 24.7% 33.3%
2009 10.6% 33% 25.2% 34%
2008 11.5% 33.9% 22.2% 26.7%
2007 9.63% 35% 17.9% 28.7%
2006 10.1% 35.3% 18.1% 25.2%
2005 10.3% 35.6% 18% 25.9%
2004 9.88% 36.6% 17.6% 26%
2003 10.2% 37% 18% 26.4%
2002 10.4% 38.9% 18.2% 25.6%
2001 10.7% 37.1% 17.2% 24.3%
2000 9.76% 31.2% 16.1% 22.7%
1999 8.66% 32.7% 14.9% 21.6%
1998 9.82% 31.1% 12.6% 20.4%
1997 9.89% 29.1% 11.5% 20.4%
1996 9.79% 31% 11% 21.2%
1995 10.5% 32.9% 11.1% 21.4%
1994 10% 35.5% 12.4% -
1993 9.74% 34.1% 13.4% -
1992 8.8% 33.1% 14.6% -
1991 8.86% 31.8% 16.5% -
1990 9.14% 31.5% 18.2% -
1989 - - 18.6% -
1988 - - 20.9% 4.46%
1987 - - 23.4% 3.6%
1986 - - 25.6% 3.24%
1985 - - 25.8% 3.31%
1984 - - 26.9% 0.97%
1983 - - 28.3% -
1982 - - 27.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–2002, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while China spent $6.41T, or 32.9% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 99.2% in China, ranking 124/185 and 26/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

China
1x
Year Deficit/surplus, % of GDP
Bangladesh China
2025 -2.93% -7.87%
2024 -3.7% -7.11%
2023 -4.39% -6.71%
2022 -4.53% -7.32%
2021 -3.56% -5.9%
2020 -4.84% -9.56%
2019 -5.41% -6%
2018 -4.07% -4.2%
2017 -4.17% -3.34%
2016 -3.16% -3.33%
2015 -3.29% -2.5%
2014 -2.62% -0.67%
2013 -2.86% -0.82%
2012 -2.56% -0.3%
2011 -2.96% -0.1%
2010 -2.23% -0.36%
2009 -2.68% -1.72%
2008 -3.36% -0.02%
2007 -1.86% 0.06%
2006 -2.15% -1.13%
2005 -2.4% -1.38%
2004 -2.21% -1.49%
2003 -1.96% -2.36%
2002 -2.3% -2.84%
2001 -3.44% -2.56%
2000 -2.5% -2.81%
1999 -1.35% -2.3%
1998 -2.2% -1.08%
1997 -1.94% -0.73%
1996 -2.01% -0.73%
1995 -0.38% -0.94%
1994 0.03% -1.68%
1993 0.43% -0.89%
1992 0.36% -1.22%
1991 0.44% -1.04%
1990 -0.15% -0.72%
1989 - -0.91%
1988 - -2.22%
1987 - -2.08%
1986 - -1.82%
1985 - -0.45%
1984 - -1.44%
1983 - -1.61%
1982 - -1.33%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

In 2025, Bangladesh's government deficit, the difference between spending and revenue, was $13.4B, equivalent to 2.93% of GDP. This compares to China's deficit of $1.53T, or 7.87% of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 of those years, while China ran a deficit in 35 years. On average, Bangladesh posted an annual deficit equal to 2.47% of GDP, compared to deficit of 2.6% of GDP for China.

Inflation comparison by year

Inflation
Bangladesh

China
1x
Year Consumer prices inflation
Bangladesh China
2025 10% 0%
2024 9.7% 0.2%
2023 9% 0.2%
2022 6.1% 2%
2021 5.6% 0.9%
2020 5.6% 2.5%
2019 5.5% 2.9%
2018 5.8% 2.1%
2017 5.4% 1.6%
2016 5.9% 2%
2015 6.4% 1.4%
2014 7.3% 2%
2013 6.8% 2.6%
2012 8.9% 2.6%
2011 8.8% 5.4%
2010 7.3% 3.3%
2009 6.7% -0.7%
2008 9.9% 5.8%
2007 7.2% 4.8%
2006 7.2% 1.5%
2005 6.5% 1.8%
2004 8.1% 3.9%
2003 3.9% 1.2%
2002 2.4% -0.8%
2001 1.8% 0.7%
2000 3.6% 0.4%
1999 8.9% -1.4%
1998 6.7% -0.8%
1997 2.7% 2.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 1.76% in China. In 2025, inflation was 10% in Bangladesh and 0% in China.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $651M
Animal & marine products $112M
Machinery & equipment $80.6M
Raw materials & minerals $19.1M
Chemicals & pharma $9.42M
Wood & paper products $7.3M
Raw agricultural goods $3.66M
Metals $2.72M
Miscellaneous $2.54M
Weapons & explosives $2.29M
China
Export category Export value
Textiles & consumer goods $10.2B
Machinery & equipment $5.03B
Chemicals & pharma $2.61B
Raw materials & minerals $2.12B
Metals $1.48B
Miscellaneous $382M
Wood & paper products $378M
Raw agricultural goods $343M
Animal & marine products $160M
Processed food, beverages & tobacco $111M

Balance of trade

Bangladesh China
Current account balance
-$239M
2025
$735B
2025
Current account balance ranking
93/190
2025
1/190
2025
Current account balance, % of GDP
-0.05%
2025
+3.77%
2025
Goods imports
$66B
2025
$2.69T
2025
Goods exports
$43.8B
2025
$3.75T
2025
Service imports
$14.7B
2025
$623B
2025
Service exports
$8.42B
2025
$385B
2025
Imports of goods and services, % of GDP
16.8%
2025
16.9%
2025
Exports of goods and services, % of GDP
11.1%
2025
21.1%
2025

Economic freedom indices

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

Bangladesh China
Economic freedom 54.8 48.3
Economic freedom ranking 131/197 170/197
Property rights 32.1 40.9
Government integrity 22.7 42.3
Judicial effectiveness 36.7 38.6
Tax burden 79.9 69.3
Government spending 95.3 67.8
Fiscal health 68.4 4.4
Business freedom 52.7 68.7
Labor freedom 50.5 57.9
Monetary freedom 65.8 76.1
Trade freedom 63 73.4
Investment freedom 50 20
Financial freedom 40 20

Economic freedom comparison by year

Bangladesh
China
1x
Year Economic freedom index
Bangladesh China
2026 54.8 48.3
2025 54.7 49
2024 54.4 48.5
2023 54.4 48.3
2022 52.7 48
2021 56.5 58.4
2020 56.4 59.5
2019 55.6 58.4
2018 55.1 57.8
2017 55 57.4
2016 53.3 52
2015 53.9 52.7
2014 54.1 52.5
2013 52.6 51.9
2012 53.2 51.2
2011 53 52
2010 51.1 51
2009 47.5 53.2
2008 44.2 53.1
2007 46.7 52
2006 52.9 53.6
2005 47.5 53.7
2004 50 52.5
2003 49.3 52.6
2002 51.9 52.8
2001 51.2 52.6
2000 48.9 56.4
1999 50 54.8
1998 52 53.1
1997 49.9 51.7
1996 51.1 51.3
1995 40.9 52

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 48.3 for China, ranking 170/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh China
Services, % of GDP
52.1%
2025
57.7%
2025
Industry, % of GDP
34%
2025
35.6%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
6.66%
2025
GNI, Atlas method
$499B
2025
$20T
2025
GNI per capita, PPP
$10,710
2025
$29,160
2025
Total reserves including gold
$28.6B
2025
$3.75T
2025
Total reserves ranking
58/177
2025
1/177
2025
Net foreign direct investment
-$1.84B
2025
$77.2B
2025
Net inflows of foreign direct investment
$1.28B
2024
$42.6B
2024
Net outflows of foreign direct investment
$34.1M
2024
$192B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
1.9%
2024
Poverty at national poverty lines
18.7%
2022
0%
2020
Gross capital formation, % of GDP
28.5%
2025
40.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/china | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1982–2002, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2018–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.