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Economy of Bangladesh vs Dominica compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $689M for Dominica, ranking 36/197 and 190/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Bangladesh vs Dominica GDP by year

Bangladesh
Dominica
1x
Year GDP, current $
Bangladesh Dominica
2024 $450,119,432,069 $688,881,481
2023 $437,415,333,018 $659,311,111
2022 $460,131,689,083 $623,062,963
2021 $416,271,647,911 $562,911,111
2020 $373,979,442,362 $528,944,444
2019 $351,231,654,604 $644,259,259
2018 $321,362,752,442 $628,244,444
2017 $293,732,446,625 $563,355,556
2016 $265,224,515,675 $612,711,111
2015 $195,146,608,978 $583,177,778
2014 $172,886,611,654 $572,255,556
2013 $149,998,957,434 $545,325,926
2012 $133,310,747,603 $520,355,556
2011 $128,607,482,310 $532,081,481
2010 $115,275,540,051 $519,859,259
2009 $102,475,158,191 $515,618,519
2008 $91,636,997,371 $480,003,704
2007 $79,611,644,975 $444,685,185
2006 $71,795,736,172 $416,674,074
2005 $69,476,001,239 $391,455,556
2004 $65,108,544,250 $396,711,111
2003 $60,158,929,188 $373,318,519
2002 $54,724,081,491 $375,200,000
2001 $53,991,289,844 $377,462,963
2000 $53,369,787,319 $333,470,370
1999 $51,270,569,884 $331,759,259
1998 $49,984,559,471 $322,411,111
1997 $48,244,309,133 $302,988,889
1996 $46,438,484,108 $292,285,185
1995 $37,939,748,769 $274,522,222
1994 $33,768,660,883 $264,374,074
1993 $33,166,519,418 $245,525,926
1992 $31,708,874,594 $234,059,259
1991 $30,957,483,950 $219,762,963
1990 $31,598,340,778 $201,429,630
1989 $28,781,715,189 $185,137,243
1988 $26,579,005,558 $171,106,184
1987 $24,298,032,258 $151,868,754
1986 $21,774,033,333 $135,161,959
1985 $22,278,423,077 $119,491,933
1984 $18,920,840,000 $109,157,071
1983 $17,609,048,822 $98,665,191
1982 $18,525,399,202 $89,527,577
1981 $20,249,694,002 $82,107,391
1980 $18,138,049,096 $72,804,653
1979 $15,565,480,322 $55,017,759
1978 $13,281,767,143 $57,130,216
1977 $9,651,149,302 $45,872,947
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Dominica by year

Bangladesh
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $10,405 $21,301
2023 $2,551 $9,148 $9,913 $20,286
2022 $2,716 $8,451 $9,324 $18,802
2021 $2,483 $7,441 $8,376 $15,809
2020 $2,249 $6,641 $7,828 $14,244
2019 $2,130 $6,047 $9,491 $16,021
2018 $1,965 $5,490 $9,215 $15,070
2017 $1,811 $4,883 $8,225 $12,696
2016 $1,649 $4,579 $8,803 $12,945
2015 $1,224 $4,212 $8,283 $12,093
2014 $1,094 $3,973 $8,132 $12,083
2013 $958 $3,691 $7,822 $11,286
2012 $860 $3,434 $7,529 $10,921
2011 $837 $3,051 $7,705 $11,123
2010 $757 $2,834 $7,550 $10,924
2009 $679 $2,675 $7,487 $10,804
2008 $613 $2,555 $6,971 $10,862
2007 $538 $2,388 $6,459 $9,949
2006 $490 $2,195 $6,056 $9,200
2005 $480 $2,020 $5,695 $8,557
2004 $456 $1,862 $5,779 $8,232
2003 $427 $1,746 $5,447 $7,714
2002 $394 $1,659 $5,488 $7,167
2001 $395 $1,598 $5,528 $7,291
2000 $397 $1,512 $4,867 $7,111
1999 $388 $1,430 $4,817 $6,759
1998 $386 $1,373 $4,664 $6,617
1997 $379 $1,315 $4,372 $6,290
1996 $372 $1,261 $4,211 $6,041
1995 $309 $1,206 $3,952 $5,749
1994 $280.6 $1,145 $3,805 $5,465
1993 $280.8 $1,099 $3,536 $5,352
1992 $273.5 $1,045 $3,376 $5,125
1991 $272.1 $987 $3,171 $4,914
1990 $283.1 $941 $2,893 $4,667
1989 $263 - $2,639 -
1988 $247.9 - $2,423 -
1987 $231.5 - $2,138 -
1986 $212.1 - $1,893 -
1985 $222.2 - $1,666 -
1984 $193.4 - $1,515 -
1983 $184.7 - $1,363 -
1982 $199.6 - $1,232 -
1981 $224.2 - $1,125 -
1980 $206.1 - $996 -
1979 $181.1 - $754 -
1978 $158.3 - $786 -
1977 $117.9 - $634 -
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 (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Dominica ranks 91st at $21,301.

Economic indicators

Bangladesh Dominica
Gross domestic product
$450B
2024
$689M
2024
GDP rank
36/197
2024
190/197
2024
GDP growth
4.22%
2023-2024
2.05%
2023-2024
GDP per capita
$2,593
2024
$10,405
2024
GDP per capita rank
146/197
2024
84/197
2024
GDP per capita, PPP
$9,647
2024
$21,301
2024
GDP per capita PPP rank
135/197
2024
91/197
2024
Government debt
$184B
2024
$713M
2024
Debt-to-GDP ratio
41%
2024
103.5%
2024
Government debt per person
$1,063
2024
$10,765
2024
Government debt per person rank
139/185
2024
55/185
2024
Average annual personal income after taxes
$2,222
2026
$6,045
2026
Market capitalization of domestic companies
$87.9B
2024
n/a
Income share by richest 10%
25.5%
2022
n/a
Income share by poorest 10%
3.7%
2022
n/a
Government expenditure, % of GDP
12%
2024
60.9%
2024
Consumer prices inflation
9.7%
2023-2024
2.57%
2023-2024
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
11%
2001
Population
178415186
65539

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Bangladesh Dominica
Government spending Government debt Government spending Government debt
2024 12% 41% 60.9% 103.5%
2023 12.6% 39.7% 66.8% 103.2%
2022 13% 37.9% 72.7% 108.3%
2021 12.9% 35.6% 70.1% 113.6%
2020 13.3% 34.5% 70.1% 118.2%
2019 13.6% 32% 44% 89.1%
2018 13% 29.6% 66.7% 90%
2017 12.2% 28.3% 55.7% 86.7%
2016 11.6% 27.7% 45.8% 72.9%
2015 11.5% 28.2% 33.5% 71.1%
2014 11.7% 28.7% 33.3% 73.5%
2013 12.1% 28.3% 34.2% 75.6%
2012 11.7% 29.1% 36.6% 74%
2011 11.5% 29.4% 34.7% 68.6%
2010 10.6% 29.6% 39.7% 67.3%
2009 10.6% 33% 36.1% 62.8%
2008 11.5% 33.9% 35.9% 66.5%
2007 9.63% 35% 35.6% 74.9%
2006 10.1% 35.3% 30.9% 80.4%
2005 10.3% 35.6% 32.1% 84.9%
2004 9.88% 36.6% 30.1% 85.8%
2003 10.2% 37% 31.2% 98.2%
2002 10.4% 38.9% 29% 99.4%
2001 10.7% 37.1% 29.3% 97.5%
2000 9.76% 31.2% 38.9% 69.6%
1999 8.66% 32.7% 35.3% 62%
1998 9.82% 31.1% 33.5% 57.1%
1997 9.89% 29.1% 29.1% 49.3%
1996 9.79% 31% 29% 54.7%
1995 10.5% 32.9% 29.7% 59.3%
1994 10% 35.5% 27.7% 57%
1993 9.74% 34.1% 26.1% 55.4%
1992 8.8% 33.1% 28% 55.3%
1991 8.86% 31.8% 29.9% 58.7%
1990 9.14% 31.5% 32.9% 56.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20).

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 103.5% in Dominica, ranking 131/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Dominica
1x
Year Deficit/surplus, % of GDP
Bangladesh Dominica
2024 -3.69% -2.28%
2023 -4.39% -4.66%
2022 -4.53% -7.49%
2021 -3.56% -8.61%
2020 -4.84% -7.91%
2019 -5.41% -7.95%
2018 -4.07% -18.1%
2017 -4.17% -3.37%
2016 -3.16% 11%
2015 -3.29% 11.8%
2014 -2.62% -5.65%
2013 -2.86% -2.95%
2012 -2.56% -5.48%
2011 -2.96% -4.34%
2010 -2.23% -3.41%
2009 -2.68% -0.31%
2008 -3.36% 0.72%
2007 -1.86% 1.88%
2006 -2.15% 3.04%
2005 -2.4% 0.98%
2004 -2.21% -0.67%
2003 -1.96% 0.88%
2002 -2.3% -4.13%
2001 -3.44% -6.48%
2000 -2.5% -8.75%
1999 -1.35% -9.2%
1998 -2.2% -6.08%
1997 -1.94% -2.31%
1996 -2.01% -1.62%
1995 -0.38% -2.97%
1994 0.03% -3.42%
1993 0.43% -1.46%
1992 0.36% -2.28%
1991 0.44% -3.08%
1990 -0.15% -4.87%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Bangladesh's government deficit, the difference between spending and revenue, was $16.6B, equivalent to 3.69% of GDP. This compares to Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Dominica ran a deficit in 28 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Bangladesh

Dominica
1x
Year Consumer prices inflation
Bangladesh Dominica
2024 9.7% 2.57%
2023 9% 5.09%
2022 6.1% 2.88%
2021 5.6% 2.23%
2020 5.6% 1.22%
2019 5.5% 1.5%
2018 5.8% 0.99%
2017 5.4% 0.3%
2016 5.9% 0.14%
2015 6.4% -0.84%
2014 7.3% 0.8%
2013 6.8% -0.05%
2012 8.9% 1.36%
2011 8.8% 1.13%
2010 7.3% 3%
2009 6.7% 0.006%
2008 9.9% 6.36%
2007 7.2% 3.63%
2006 7.2% 2.2%
2005 6.5% 1.68%
2004 8.1% 2.39%
2003 3.9% 1.45%
2002 2.4% 0.17%
2001 1.8% 1.3%
2000 3.6% 0.86%
1999 8.9% 1.18%
1998 6.7% 1%
1997 2.7% 2.44%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 1.68% in Dominica. In 2024, inflation was 9.7% in Bangladesh and 2.57% in Dominica.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $31K
Dominica
Export category Export value

Balance of trade

Bangladesh Dominica
Current account balance
$1.43B
2024
-$160M
2024
Current account balance ranking
52/190
2024
94/190
2024
Current account balance, % of GDP
+0.32%
2024
-23.2%
2024
Goods imports
$63.8B
2024
$231M
2024
Goods exports
$47.3B
2024
$22M
2024
Service imports
$12.3B
2024
$157M
2024
Service exports
$7.47B
2024
$191M
2024
Imports of goods and services, % of GDP
16.3%
2024
n/a
Exports of goods and services, % of GDP
10.5%
2024
8.5%
2025

Economic freedom indices

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

Bangladesh Dominica
Economic freedom 54.8 56.1
Economic freedom ranking 131/197 124/197
Property rights 32.1 65.8
Government integrity 22.7 61.2
Judicial effectiveness 36.7 77.3
Tax burden 79.9 76.1
Government spending 95.3 0
Fiscal health 68.4 45.6
Business freedom 52.7 66.2
Labor freedom 50.5 49.8
Monetary freedom 65.8 77.7
Trade freedom 63 53.2
Investment freedom 50 60
Financial freedom 40 40

Economic freedom comparison by year

Bangladesh
Dominica
1x
Year Economic freedom index
Bangladesh Dominica
2026 54.8 56.1
2025 54.7 55.3
2024 54.4 54
2023 54.4 59.7
2022 52.7 54.4
2021 56.5 53
2020 56.4 60.8
2019 55.6 63.6
2018 55.1 64.5
2017 55 63.7
2016 53.3 67
2015 53.9 66.1
2014 54.1 65.2
2013 52.6 63.9
2012 53.2 61.6
2011 53 63.3
2010 51.1 63.2
2009 47.5 62.6
2008 44.2 -
2007 46.7 -
2006 52.9 -
2005 47.5 -
2004 50 -
2003 49.3 -
2002 51.9 -
2001 51.2 -
2000 48.9 -
1999 50 -
1998 52 -
1997 49.9 -
1996 51.1 -
1995 40.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Dominica
Services, % of GDP
51.4%
2024
56.9%
2024
Industry, % of GDP
34.1%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
12.2%
2024
GNI, Atlas method
$490B
2024
$677M
2024
GNI per capita, PPP
$10,060
2024
$21,410
2024
Total reserves including gold
$21.4B
2024
$156M
2024
Total reserves ranking
61/177
2024
172/177
2024
Net foreign direct investment
-$1.49B
2024
-$36.4M
2024
Net inflows of foreign direct investment
$1.31B
2024
$60M
2024
Net outflows of foreign direct investment
$34.1M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
9.52%
2024
Poverty at national poverty lines
18.7%
2022
29%
2020
Gross capital formation, % of GDP
30.7%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2015, retrieved 2026-02-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.