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Economy of Bangladesh vs Cyprus compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $41.2B for Cyprus, ranking 38/197 and 103/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $22.8B (55.3% of GDP) in Cyprus.

Bangladesh vs Cyprus GDP by year

Bangladesh
Cyprus
1x
Year GDP, current $
Bangladesh Cyprus
2025 $456,319,229,256 $41,225,787,247
2024 $450,119,432,069 $37,634,551,821
2023 $437,415,333,018 $35,075,440,603
2022 $460,131,689,083 $31,218,047,044
2021 $416,271,647,911 $30,372,637,513
2020 $373,979,442,362 $25,555,082,267
2019 $351,231,654,604 $26,196,660,680
2018 $321,362,752,442 $25,754,011,492
2017 $293,732,446,625 $22,946,583,376
2016 $265,224,515,675 $21,046,452,117
2015 $195,146,608,978 $19,909,269,065
2014 $172,886,611,654 $23,225,912,183
2013 $149,998,957,434 $23,959,708,956
2012 $133,310,747,603 $25,047,433,100
2011 $128,607,482,310 $27,641,553,201
2010 $115,275,540,051 $25,799,940,416
2009 $102,475,158,191 $26,048,190,775
2008 $91,636,997,371 $27,958,384,913
2007 $79,611,644,975 $23,968,727,074
2006 $71,795,736,172 $20,072,754,987
2005 $69,476,001,239 $18,433,412,511
2004 $65,108,544,250 $17,320,551,250
2003 $60,158,929,188 $14,547,329,558
2002 $54,724,081,491 $11,420,228,846
2001 $53,991,289,844 $10,397,898,907
2000 $53,369,787,319 $9,985,847,314
1999 $51,270,569,884 $10,497,907,228
1998 $49,984,559,471 $10,248,618,778
1997 $48,244,309,133 $9,547,816,420
1996 $46,438,484,108 $10,011,914,680
1995 $37,939,748,769 $9,933,137,128
1994 $33,768,660,883 $7,425,703,929
1993 $33,166,519,418 $6,590,291,048
1992 $31,708,874,594 $6,912,150,456
1991 $30,957,483,950 $5,770,197,348
1990 $31,598,340,778 $5,591,130,218
1989 $28,781,715,189 $4,563,482,604
1988 $26,579,005,558 $4,278,792,597
1987 $24,298,032,258 $3,704,813,886
1986 $21,774,033,333 $3,090,734,463
1985 $22,278,423,077 $2,430,411,900
1984 $18,920,840,000 $2,278,248,953
1983 $17,609,048,822 $2,160,364,071
1982 $18,525,399,202 $2,159,242,417
1981 $20,249,694,002 $2,087,496,374
1980 $18,138,049,096 $2,154,311,277
1979 $15,565,480,322 $1,288,699,776
1978 $13,281,767,143 $964,024,364
1977 $9,651,149,302 $734,876,021
1976 $10,117,113,333 $576,090,074
1975 $19,448,348,073 $489,912,574
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/cyprus | CC BY

GDP per capita in Bangladesh vs Cyprus by year

Bangladesh
GDP per capita

GDP per capita, PPP
Cyprus
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Cyprus
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $30,075 -
2024 $2,593 $9,647 $27,707 $63,007
2023 $2,551 $9,148 $26,079 $59,875
2022 $2,716 $8,451 $23,448 $55,876
2021 $2,483 $7,441 $23,057 $47,633
2020 $2,249 $6,641 $19,624 $42,569
2019 $2,130 $6,047 $20,360 $44,394
2018 $1,965 $5,490 $20,267 $40,262
2017 $1,811 $4,883 $18,295 $37,768
2016 $1,649 $4,579 $17,013 $35,247
2015 $1,224 $4,212 $16,326 $31,380
2014 $1,094 $3,973 $19,326 $29,893
2013 $958 $3,691 $20,238 $30,416
2012 $860 $3,434 $21,493 $31,924
2011 $837 $3,051 $24,110 $33,406
2010 $757 $2,834 $22,876 $33,502
2009 $679 $2,675 $23,480 $33,901
2008 $613 $2,555 $25,626 $34,830
2007 $538 $2,388 $22,344 $32,888
2006 $490 $2,195 $19,037 $30,009
2005 $480 $2,020 $17,790 $27,763
2004 $456 $1,862 $17,016 $25,942
2003 $427 $1,746 $14,553 $24,278
2002 $394 $1,659 $11,636 $23,556
2001 $395 $1,598 $10,785 $22,866
2000 $397 $1,512 $10,537 $21,296
1999 $388 $1,430 $11,273 $19,663
1998 $386 $1,373 $11,206 $18,760
1997 $379 $1,315 $10,637 $17,781
1996 $372 $1,261 $11,373 $17,320
1995 $309 $1,206 $11,514 $17,096
1994 $280.6 $1,145 $8,791 $15,735
1993 $280.8 $1,099 $7,978 $14,852
1992 $273.5 $1,045 $8,530 $14,759
1991 $272.1 $987 $7,222 $13,546
1990 $283.1 $941 $7,092 $13,348
1989 $263 - $5,870 -
1988 $247.9 - $5,584 -
1987 $231.5 - $4,908 -
1986 $212.1 - $4,159 -
1985 $222.2 - $3,324 -
1984 $193.4 - $3,167 -
1983 $184.7 - $3,055 -
1982 $199.6 - $3,100 -
1981 $224.2 - $3,030 -
1980 $206.1 - $3,154 -
1979 $181.1 - $1,902 -
1978 $158.3 - $1,434 -
1977 $117.9 - $1,102 -
1976 $126.7 - $870 -
1975 $249.8 - $743 -
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/cyprus | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $30,075 in Cyprus, ranking 45/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Cyprus ranks 29th at $63,007.

Economic indicators

Bangladesh Cyprus
Gross domestic product
$456B
2025
$41.2B
2025
GDP rank
38/197
2025
103/197
2025
GDP growth
3.49%
2024-2025
3.77%
2024-2025
GDP per capita
$2,597
2025
$30,075
2025
GDP per capita rank
151/197
2025
45/197
2025
GDP per capita, PPP
$9,647
2024
$63,007
2024
GDP per capita PPP rank
135/197
2024
29/197
2024
Government debt
$192B
2025
$22.8B
2025
Debt-to-GDP ratio
42%
2025
55.3%
2025
Government debt per person
$1,092
2025
$16,632
2025
Government debt per person rank
143/185
2025
40/185
2025
Average annual personal income after taxes
$2,829
2026
$24,626
2026
Market capitalization of domestic companies
$26.2B
2025
$27.9B
2025
Number of millionaires n/a
24,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10%
25.5%
2022
26.3%
2023
Income share by poorest 10%
3.7%
2022
3.6%
2023
Government expenditure, % of GDP
10.9%
2025
40.4%
2025
Consumer prices inflation
10%
2024-2025
0.13%
2024-2025
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
4.4%
2025
Population
178936470
1388591

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Cyprus
Spending

Debt
1x
Year % of GDP
Bangladesh Cyprus
Government spending Government debt Government spending Government debt
2025 10.9% 42% 40.4% 55.3%
2024 12% 41% 38.3% 62.8%
2023 12.6% 39.7% 40.6% 71.1%
2022 13% 37.9% 37.7% 80.3%
2021 12.9% 35.6% 42.7% 96.5%
2020 13.3% 34.5% 45.9% 113.6%
2019 13.6% 32% 40.3% 92.3%
2018 13% 29.6% 44.3% 100.7%
2017 12.2% 28.3% 38.4% 96.4%
2016 11.6% 27.7% 39.6% 106.8%
2015 11.5% 28.2% 43% 111.6%
2014 11.7% 28.7% 52.1% 113%
2013 12.1% 28.3% 42.1% 102.7%
2012 11.7% 29.1% 41.9% 79.2%
2011 11.5% 29.4% 42.1% 64.8%
2010 10.6% 29.6% 41.7% 55.3%
2009 10.6% 33% 41.9% 52.8%
2008 11.5% 33.9% 38.2% 44.1%
2007 9.63% 35% 37.6% 53.1%
2006 10.1% 35.3% 39.1% 59%
2005 10.3% 35.6% 39.7% 64%
2004 9.88% 36.6% 38.6% 64.7%
2003 10.2% 37% 40.4% 63%
2002 10.4% 38.9% 37.4% 61%
2001 10.7% 37.1% 35.7% 57.5%
2000 9.76% 31.2% 35% 56%
1999 8.66% 32.7% 34.3% 55.7%
1998 9.82% 31.1% 34.4% 55%
1997 9.89% 29.1% 34.2% 53.5%
1996 9.79% 31% 32.4% 48.8%
1995 10.5% 32.9% 30.4% 46.7%
1994 10% 35.5% - -
1993 9.74% 34.1% - -
1992 8.8% 33.1% - -
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/cyprus | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Cyprus spent $16.7B, or 40.4% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 55.3% in Cyprus, ranking 124/185 and 89/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Cyprus
1x
Year Deficit/surplus, % of GDP
Bangladesh Cyprus
2025 -2.93% 2.99%
2024 -3.7% 4.14%
2023 -4.39% 1.71%
2022 -4.53% 2.69%
2021 -3.56% -1.59%
2020 -4.84% -5.57%
2019 -5.41% 1.03%
2018 -4.07% -3.36%
2017 -4.17% 2.13%
2016 -3.16% 0.45%
2015 -3.29% -0.77%
2014 -2.62% -8.8%
2013 -2.86% -5.16%
2012 -2.56% -5.55%
2011 -2.96% -5.65%
2010 -2.23% -4.68%
2009 -2.68% -5.43%
2008 -3.36% 0.87%
2007 -1.86% 3.23%
2006 -2.15% -1.04%
2005 -2.4% -2.22%
2004 -2.21% -3.71%
2003 -1.96% -5.91%
2002 -2.3% -4.13%
2001 -3.44% -2.11%
2000 -2.5% -2.24%
1999 -1.35% -4.05%
1998 -2.2% -3.85%
1997 -1.94% -4.82%
1996 -2.01% -2.96%
1995 -0.38% -0.71%
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -

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

GeoRank.org/economy/bangladesh/cyprus | 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 Cyprus' surplus of $1.23B, or 2.99% of GDP.

Over the past 31 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Cyprus ran a deficit in 22 years. On average, Bangladesh posted an annual deficit equal to 2.9% of GDP, compared to deficit of 2.1% of GDP for Cyprus.

Inflation comparison by year

Inflation
Bangladesh

Cyprus
1x
Year Consumer prices inflation
Bangladesh Cyprus
2025 10% 0.13%
2024 9.7% 1.8%
2023 9% 3.54%
2022 6.1% 8.4%
2021 5.6% 2.45%
2020 5.6% -0.64%
2019 5.5% 0.25%
2018 5.8% 1.44%
2017 5.4% 0.53%
2016 5.9% -1.43%
2015 6.4% -2.1%
2014 7.3% -1.35%
2013 6.8% -0.4%
2012 8.9% 2.39%
2011 8.8% 3.29%
2010 7.3% 2.43%
2009 6.7% 0.33%
2008 9.9% 4.67%
2007 7.2% 2.37%
2006 7.2% 2.3%
2005 6.5% 2.56%
2004 8.1% 2.29%
2003 3.9% 4.14%
2002 2.4% 2.8%
2001 1.8% 1.97%
2000 3.6% 4.14%
1999 8.9% 1.63%
1998 6.7% 2.23%
1997 2.7% 3.61%

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/cyprus | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 1.92% in Cyprus. In 2025, inflation was 10% in Bangladesh and 0.13% in Cyprus.

Top exports between countries

Bangladesh
Export category Export value
Animal & marine products $2.56M
Textiles & consumer goods $2.1M
Processed food, beverages & tobacco $338K
Raw agricultural goods $125K
Cyprus
Export category Export value
Processed food, beverages & tobacco $1.76M
Machinery & equipment $1.3M
Metals $589K
Weapons & explosives $375K
Textiles & consumer goods $73K
Chemicals & pharma $50K
Miscellaneous $49K
Raw agricultural goods $27K
Animal & marine products $12K
Wood & paper products $11K

Balance of trade

Bangladesh Cyprus
Current account balance
-$239M
2025
-$2.59B
2025
Current account balance ranking
93/190
2025
149/190
2025
Current account balance, % of GDP
-0.05%
2025
-6.29%
2025
Goods imports
$66B
2025
$12.6B
2025
Goods exports
$43.8B
2025
$4.62B
2025
Service imports
$14.7B
2025
$25.3B
2025
Service exports
$8.42B
2025
$35.7B
2025
Imports of goods and services, % of GDP
16.8%
2025
91.9%
2025
Exports of goods and services, % of GDP
11.1%
2025
97.6%
2025

Economic freedom indices

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

Bangladesh Cyprus
Economic freedom 54.8 74.1
Economic freedom ranking 131/197 21/197
Property rights 32.1 85.1
Government integrity 22.7 59.7
Judicial effectiveness 36.7 89.8
Tax burden 79.9 80.8
Government spending 95.3 52.1
Fiscal health 68.4 91.5
Business freedom 52.7 82.3
Labor freedom 50.5 60.3
Monetary freedom 65.8 78.7
Trade freedom 63 79.4
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Cyprus
1x
Year Economic freedom index
Bangladesh Cyprus
2026 54.8 74.1
2025 54.7 73.2
2024 54.4 72.2
2023 54.4 72.3
2022 52.7 72.9
2021 56.5 71.4
2020 56.4 70.1
2019 55.6 68.1
2018 55.1 67.8
2017 55 67.9
2016 53.3 68.7
2015 53.9 67.9
2014 54.1 67.6
2013 52.6 69
2012 53.2 71.8
2011 53 73.3
2010 51.1 70.9
2009 47.5 70.8
2008 44.2 71.3
2007 46.7 71.7
2006 52.9 71.8
2005 47.5 71.9
2004 50 74.1
2003 49.3 73.3
2002 51.9 73
2001 51.2 71
2000 48.9 67.2
1999 50 67.8
1998 52 68.2
1997 49.9 67.9
1996 51.1 67.7
1995 40.9 -

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 74.1 for Cyprus, ranking 21/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Cyprus
Services, % of GDP
52.1%
2025
76.8%
2025
Industry, % of GDP
34%
2025
11.1%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
1.12%
2025
GNI, Atlas method
$499B
2025
$35.6B
2025
GNI per capita, PPP
$10,710
2025
$57,390
2025
Total reserves including gold
$28.6B
2025
$2.95B
2025
Total reserves ranking
58/177
2025
121/177
2025
Net foreign direct investment
-$1.84B
2025
-$9.59B
2025
Net inflows of foreign direct investment
$1.28B
2024
-$50.4B
2024
Net outflows of foreign direct investment
$34.1M
2024
-$55.9B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
13.9%
2021
Gross capital formation, % of GDP
28.5%
2025
19.3%
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/cyprus | 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. TradeMap (2018–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, 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.