Bangladesh vs Cyprus: Economic Indicators Comparison

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Cyprus ranked 109th with $25B. By GDP 5-years average growth and GDP per capita, Bangladesh and Cyprus ranked 10th vs 99th and 155th vs 36th, respectively.

Gross Domestic Product & Income

StatBangladeshCyprus
GDP$274B$25B
GDP growth, 1 year7.7%3.9%
GDP growth, 5-years average7.1%2.8%
Population164.7M1.1M
GDP per capita$1.7k$28k
GDP per capita growth6.74%2.75%
Purchasing Power Parity conversion factor31.90.63
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.74
GDP per capita, PPP adjusted$4.6k$40k
GNI, Atlas method$282B$24.9B
GNI per capita$1.8k$26k
GNI, PPP adjusted$737.6B$34.7B
GNI per capita, PPP adjusted$4.6k$35k

Financial system and Human development

StatBangladeshCyprus
Income Tax Rate25%35%
Corporate Tax Rate45%12.5%
Inflation, consumer prices5.6%0.8%
Inflation, GDP deflator5.6%1.4%
Unemployment4.3%8.1%
Economic Freedom Index56.470.1
Personal Freedom Index5.68.96
Human Freedom Index5.88.39
Property Rights Index4177.4
Judical Effectiveness Index36.150.5
Business Freedom Index52.376.6
Fiscal Health Index76.880
Labor Freedom Index68.459.7
Investment Freedom Index4575
Financial Freedom Index3060
Trade Freedom Index63.686.4
Monetary Freedom Index7084.3
Government Spending Index94.358.6
Tax Burden Index72.774.8
Government Integrity Index26.657.6
Corruption Perceptions Index2659
Life expectancy at birth, years72.180.7
Suicide mortality rate, per 100,000 people5.95.3
Mortality caused by road traffic injury, per 100,000 people15.35.1
Intentional homicides, per 100,000 people2.20.6
International tourism, number of arrivals1M3.9M

Government debt & reserves

StatBangladeshCyprus
Central government debt, % of GDP34.8%102.5%
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%3.2%
Gross savings, % of GDP33.3%21.8%
Gross capital formation, % of GDP31.2%19.1%
Total reserves including gold$32B$924.2M
Foreign direct investment net inflows$2.9B$5.2B

Exports, imports and economic structure

StatBangladeshCyprus
Exports of goods and services, % of GDP14.8%73.1%
Imports of goods and services, % of GDP23.4%72.3%
Current account balance (balance of payments)-$7.6B-$1.1B
Revenue excluding grants, % of GDP10.2%37.4%
Grants excluding technical cooperation, BoP$1.3B$34.2M
Personal remittances received$15.6B$497.8M
Industry including construction value added, % of GDP28.5%12.2%
Agriculture, forestry and fishing value added, % of GDP13.1%2%
Charges for the use of intellectual property, payments BoP$39.7M$127.2M
Charges for the use of intellectual property, receipts BoP$444k$174k
Expense, % of GDP9.4%35.4%
Government Expenditure, % of GDP13.7%37.1%

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

Cyprus vs

CountryGDP
per capita
Population
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
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
Barbados
$18k
286k
Latvia
$18k
1.91M