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Economy of Bangladesh vs Croatia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $105B for Croatia, ranking 38/197 and 73/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $58.7B (55.9% of GDP) in Croatia.

Bangladesh vs Croatia GDP by year

Bangladesh
Croatia
1x
Year GDP, current $
Bangladesh Croatia
2025 $456,319,229,256 $105,060,182,186
2024 $450,119,432,069 $92,981,894,168
2023 $437,415,333,018 $85,621,337,533
2022 $460,131,689,083 $71,196,460,237
2021 $416,271,647,911 $69,002,262,505
2020 $373,979,442,362 $57,959,824,238
2019 $351,231,654,604 $61,467,261,345
2018 $321,362,752,442 $61,668,280,700
2017 $293,732,446,625 $56,182,225,079
2016 $265,224,515,675 $52,650,804,052
2015 $195,146,608,978 $50,999,271,059
2014 $172,886,611,654 $59,607,109,597
2013 $149,998,957,434 $59,846,869,999
2012 $133,310,747,603 $57,547,495,860
2011 $128,607,482,310 $62,889,150,894
2010 $115,275,540,051 $58,975,127,201
2009 $102,475,158,191 $62,315,450,611
2008 $91,636,997,371 $68,473,103,477
2007 $79,611,644,975 $59,290,547,254
2006 $71,795,736,172 $49,583,643,048
2005 $69,476,001,239 $45,012,776,906
2004 $65,108,544,250 $41,836,096,243
2003 $60,158,929,188 $35,244,797,329
2002 $54,724,081,491 $26,757,633,353
2001 $53,991,289,844 $23,067,071,478
2000 $53,369,787,319 $22,134,069,750
1999 $51,270,569,884 $23,776,940,769
1998 $49,984,559,471 $25,889,813,449
1997 $48,244,309,133 $24,175,272,572
1996 $46,438,484,108 $24,151,469,717
1995 $37,939,748,769 $22,772,224,146
1994 $33,768,660,883 $15,062,911,617
1993 $33,166,519,418 $11,259,647,874
1992 $31,708,874,594 $10,621,169,291
1991 $30,957,483,950 $18,760,386,775
1990 $31,598,340,778 $25,650,213,280
1989 $28,781,715,189 -
1988 $26,579,005,558 -
1987 $24,298,032,258 -
1986 $21,774,033,333 -
1985 $22,278,423,077 -
1984 $18,920,840,000 -
1983 $17,609,048,822 -
1982 $18,525,399,202 -
1981 $20,249,694,002 -
1980 $18,138,049,096 -
1979 $15,565,480,322 -
1978 $13,281,767,143 -
1977 $9,651,149,302 -
1976 $10,117,113,333 -
1975 $19,448,348,073 -
1974 $12,512,460,520 -
1973 $8,086,725,729 -
1972 $6,288,245,867 -
1971 $8,751,843,188 -
1970 $8,992,722,167 -
1969 $8,471,006,438 -
1968 $7,483,685,771 -
1967 $7,253,575,688 -
1966 $6,439,687,854 -
1965 $5,906,636,792 -
1964 $5,386,054,833 -
1963 $5,319,458,563 -
1962 $5,081,413,542 -
1961 $4,817,580,375 -
1960 $4,274,894,083 -

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

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

GDP per capita in Bangladesh vs Croatia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Croatia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Croatia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $27,104 -
2024 $2,593 $9,647 $24,050 $49,551
2023 $2,551 $9,148 $22,183 $47,760
2022 $2,716 $8,451 $18,466 $42,125
2021 $2,483 $7,441 $17,789 $36,930
2020 $2,249 $6,641 $14,808 $31,594
2019 $2,130 $6,047 $15,564 $33,064
2018 $1,965 $5,490 $15,460 $29,789
2017 $1,811 $4,883 $13,902 $27,888
2016 $1,649 $4,579 $12,820 $25,803
2015 $1,224 $4,212 $12,284 $23,750
2014 $1,094 $3,973 $14,187 $22,706
2013 $958 $3,691 $14,135 $22,430
2012 $860 $3,434 $13,508 $21,619
2011 $837 $3,051 $14,692 $21,191
2010 $757 $2,834 $13,730 $20,139
2009 $679 $2,675 $14,475 $20,358
2008 $613 $2,555 $15,888 $21,018
2007 $538 $2,388 $13,756 $19,568
2006 $490 $2,195 $11,501 $17,629
2005 $480 $2,020 $10,443 $15,451
2004 $456 $1,862 $9,719 $14,686
2003 $427 $1,746 $8,190 $13,692
2002 $394 $1,659 $6,220 $12,775
2001 $395 $1,598 $5,365 $11,653
2000 $397 $1,512 $4,954 $10,675
1999 $388 $1,430 $5,269 $9,943
1998 $386 $1,373 $5,712 $9,890
1997 $379 $1,315 $5,331 $9,536
1996 $372 $1,261 $5,300 $8,806
1995 $309 $1,206 $4,929 $8,052
1994 $280.6 $1,145 $3,238 $7,337
1993 $280.8 $1,099 $2,448 $6,861
1992 $273.5 $1,045 $2,321 $7,326
1991 $272.1 $987 $4,001 $7,918
1990 $283.1 $941 $5,369 $9,526
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 (1960–2025, retrieved 2026-07-08).

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $27,104 in Croatia, ranking 49/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Croatia ranks 46th at $49,551.

Economic indicators

Bangladesh Croatia
Gross domestic product
$456B
2025
$105B
2025
GDP rank
38/197
2025
73/197
2025
GDP growth
3.49%
2024-2025
3.4%
2024-2025
GDP per capita
$2,597
2025
$27,104
2025
GDP per capita rank
151/197
2025
49/197
2025
GDP per capita, PPP
$9,647
2024
$49,551
2024
GDP per capita PPP rank
135/197
2024
46/197
2024
Government debt
$192B
2025
$58.7B
2025
Debt-to-GDP ratio
42%
2025
55.9%
2025
Government debt per person
$1,092
2025
$15,144
2025
Government debt per person rank
143/185
2025
44/185
2025
Average annual personal income after taxes
$2,829
2026
$20,376
2026
Market capitalization of domestic companies
$26.2B
2025
$37.9B
2025
Number of billionaires n/a
1
2026
Income share by richest 10%
25.5%
2022
23.3%
2023
Income share by poorest 10%
3.7%
2022
2.9%
2023
Government expenditure, % of GDP
10.9%
2025
49.3%
2025
Consumer prices inflation
10%
2024-2025
3.69%
2024-2025
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
4.9%
2025
Population
178936470
3849788

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Croatia
Spending

Debt
1x
Year % of GDP
Bangladesh Croatia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 49.3% 55.9%
2024 12% 41% 48% 57.4%
2023 12.6% 39.7% 46.3% 60.9%
2022 13% 37.9% 45% 68.5%
2021 12.9% 35.6% 48.2% 78.2%
2020 13.3% 34.5% 53.8% 86.5%
2019 13.6% 32% 44.4% 70.9%
2018 13% 29.6% 45% 72.8%
2017 12.2% 28.3% 44.1% 76.2%
2016 11.6% 27.7% 45.9% 79.3%
2015 11.5% 28.2% 47.6% 82.8%
2014 11.7% 28.7% 48.7% 83.2%
2013 12.1% 28.3% 48% 79.5%
2012 11.7% 29.1% 47.3% 68.9%
2011 11.5% 29.4% 48.6% 63.1%
2010 10.6% 29.6% 48.2% 56.8%
2009 10.6% 33% 49.3% 47.9%
2008 11.5% 33.9% 46.3% 38.9%
2007 9.63% 35% 46.4% 37.1%
2006 10.1% 35.3% 44.6% 38.4%
2005 10.3% 35.6% 46.5% 40.9%
2004 9.88% 36.6% 49% 40%
2003 10.2% 37% 49.6% 37.8%
2002 10.4% 38.9% 49.2% 36.5%
2001 10.7% 37.1% 50.6% 36.6%
2000 9.76% 31.2% 54.6% 35.4%
1999 8.66% 32.7% 58.9% 30%
1998 9.82% 31.1% 56.8% 23.3%
1997 9.89% 29.1% 51.7% 22.5%
1996 9.79% 31% 52.1% -
1995 10.5% 32.9% 50.3% -
1994 10% 35.5% 45.4% -
1993 9.74% 34.1% 35.9% -
1992 8.8% 33.1% 37.1% -
1991 8.86% 31.8% - -
1990 9.14% 31.5% - -

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

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

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Croatia spent $51.8B, or 49.3% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 55.9% in Croatia, ranking 124/185 and 87/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Croatia
1x
Year Deficit/surplus, % of GDP
Bangladesh Croatia
2025 -2.93% -2.89%
2024 -3.7% -1.95%
2023 -4.39% -0.79%
2022 -4.53% 0.14%
2021 -3.56% -2.57%
2020 -4.84% -7.24%
2019 -5.41% 2.32%
2018 -4.07% 0.22%
2017 -4.17% 0.81%
2016 -3.16% -1.04%
2015 -3.29% -3.53%
2014 -2.62% -5.19%
2013 -2.86% -5.51%
2012 -2.56% -5.46%
2011 -2.96% -7.51%
2010 -2.23% -6.45%
2009 -2.68% -7.15%
2008 -3.36% -2.33%
2007 -1.86% -2.27%
2006 -2.15% -2%
2005 -2.4% -3.24%
2004 -2.21% -6.09%
2003 -1.96% -5.03%
2002 -2.3% -4.9%
2001 -3.44% -4.79%
2000 -2.5% -9.2%
1999 -1.35% -11.1%
1998 -2.2% -6.36%
1997 -1.94% -4.93%
1996 -2.01% -4.41%
1995 -0.38% -4.23%
1994 0.03% -0.82%
1993 0.43% -2.67%
1992 0.36% -5.69%
1991 0.44% -
1990 -0.15% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/croatia | 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 Croatia's deficit of $3.04B, or 2.89% of GDP.

Over the past 34 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Croatia ran a deficit in 30 years. On average, Bangladesh posted an annual deficit equal to 2.62% of GDP, compared to deficit of 3.94% of GDP for Croatia.

Inflation comparison by year

Inflation
Bangladesh

Croatia
1x
Year Consumer prices inflation
Bangladesh Croatia
2025 10% 3.69%
2024 9.7% 2.97%
2023 9% 7.94%
2022 6.1% 10.8%
2021 5.6% 2.55%
2020 5.6% 0.15%
2019 5.5% 0.77%
2018 5.8% 1.5%
2017 5.4% 1.13%
2016 5.9% -1.12%
2015 6.4% -0.46%
2014 7.3% -0.22%
2013 6.8% 2.22%
2012 8.9% 3.41%
2011 8.8% 2.27%
2010 7.3% 1.03%
2009 6.7% 2.38%
2008 9.9% 6.08%
2007 7.2% 2.9%
2006 7.2% 3.19%
2005 6.5% 3.32%
2004 8.1% 2.06%
2003 3.9% 1.77%
2002 2.4% 1.67%
2001 1.8% 3.78%
2000 3.6% 4.61%
1999 8.9% 4.02%
1998 6.7% 6.4%
1997 2.7% 4.17%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 2.93% in Croatia. In 2025, inflation was 10% in Bangladesh and 3.69% in Croatia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $18.9M
Processed food, beverages & tobacco $199K
Animal & marine products $64K
Chemicals & pharma $17K
Wood & paper products $6K
Croatia
Export category Export value
Machinery & equipment $1.19M
Chemicals & pharma $978K
Textiles & consumer goods $149K
Metals $114K
Animal & marine products $20K
Miscellaneous $14K

Balance of trade

Bangladesh Croatia
Current account balance
-$239M
2025
-$1.93B
2024
Current account balance ranking
93/190
2025
141/190
2024
Current account balance, % of GDP
-0.05%
2025
-2.08%
2024
Goods imports
$66B
2025
$42.5B
2024
Goods exports
$43.8B
2025
$21.9B
2024
Service imports
$14.7B
2025
$8.42B
2024
Service exports
$8.42B
2025
$24.8B
2024
Imports of goods and services, % of GDP
16.8%
2025
53%
2025
Exports of goods and services, % of GDP
11.1%
2025
48%
2025

Economic freedom indices

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

Bangladesh Croatia
Economic freedom 54.8 67.5
Economic freedom ranking 131/197 56/197
Property rights 32.1 81.1
Government integrity 22.7 52.6
Judicial effectiveness 36.7 71.7
Tax burden 79.9 70
Government spending 95.3 34.9
Fiscal health 68.4 92.2
Business freedom 52.7 79.6
Labor freedom 50.5 58.9
Monetary freedom 65.8 69.9
Trade freedom 63 79.4
Investment freedom 50 60
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Croatia
1x
Year Economic freedom index
Bangladesh Croatia
2026 54.8 67.5
2025 54.7 68.7
2024 54.4 67.2
2023 54.4 66.4
2022 52.7 67.6
2021 56.5 63.6
2020 56.4 62.2
2019 55.6 61.4
2018 55.1 61
2017 55 59.4
2016 53.3 59.1
2015 53.9 61.5
2014 54.1 60.4
2013 52.6 61.3
2012 53.2 60.9
2011 53 61.1
2010 51.1 59.2
2009 47.5 55.1
2008 44.2 54.1
2007 46.7 53.4
2006 52.9 53.6
2005 47.5 51.9
2004 50 53.1
2003 49.3 53.3
2002 51.9 51.1
2001 51.2 50.7
2000 48.9 53.6
1999 50 53.1
1998 52 51.7
1997 49.9 46.7
1996 51.1 48
1995 40.9 -

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 67.5 for Croatia, ranking 56/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Croatia
Services, % of GDP
52.1%
2025
60.9%
2025
Industry, % of GDP
34%
2025
19%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
2.83%
2025
GNI, Atlas method
$499B
2025
$98.3B
2025
GNI per capita, PPP
$10,710
2025
$50,410
2025
Total reserves including gold
$28.6B
2025
$4.22B
2025
Total reserves ranking
58/177
2025
110/177
2025
Net foreign direct investment
-$1.84B
2025
-$1.74B
2024
Net inflows of foreign direct investment
$1.28B
2024
$4.54B
2024
Net outflows of foreign direct investment
$34.1M
2024
$2.79B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
20.3%
2024
Gross capital formation, % of GDP
28.5%
2025
24.6%
2025

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/croatia | 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, 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.