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Economy of Bangladesh vs Ethiopia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $126B for Ethiopia, ranking 38/197 and 66/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $54.4B (43.1% of GDP) in Ethiopia.

Bangladesh vs Ethiopia GDP by year

Bangladesh
Ethiopia
1x
Year GDP, current $
Bangladesh Ethiopia
2025 $456,319,229,256 $126,358,758,448
2024 $450,119,432,069 $149,740,297,952
2023 $437,415,333,018 $135,874,093,203
2022 $460,131,689,083 $123,140,304,665
2021 $416,271,647,911 $109,070,960,371
2020 $373,979,442,362 $98,676,811,062
2019 $351,231,654,604 $91,834,517,114
2018 $321,362,752,442 $83,337,901,072
2017 $293,732,446,625 $76,366,081,767
2016 $265,224,515,675 $68,475,871,210
2015 $195,146,608,978 $62,103,418,182
2014 $172,886,611,654 $55,612,228,234
2013 $149,998,957,434 $47,648,276,605
2012 $133,310,747,603 $43,310,721,414
2011 $128,607,482,310 $31,952,763,089
2010 $115,275,540,051 $29,933,790,334
2009 $102,475,158,191 $32,437,389,116
2008 $91,636,997,371 $27,066,912,635
2007 $79,611,644,975 $19,707,616,773
2006 $71,795,736,172 $15,280,861,835
2005 $69,476,001,239 $12,401,139,454
2004 $65,108,544,250 $10,131,187,261
2003 $60,158,929,188 $8,623,691,300
2002 $54,724,081,491 $7,850,809,498
2001 $53,991,289,844 $8,231,326,016
2000 $53,369,787,319 $8,242,349,618
1999 $51,270,569,884 $7,892,973,532
1998 $49,984,559,471 $8,013,274,132
1997 $48,244,309,133 $8,803,539,988
1996 $46,438,484,108 $8,761,215,548
1995 $37,939,748,769 $7,855,205,207
1994 $33,768,660,883 $7,100,806,754
1993 $33,166,519,418 $9,051,043,870
1992 $31,708,874,594 $10,754,799,037
1991 $30,957,483,950 $13,799,799,324
1990 $31,598,340,778 $12,478,943,895
1989 $28,781,715,189 $11,762,932,007
1988 $26,579,005,558 $11,181,119,718
1987 $24,298,032,258 $10,790,001,558
1986 $21,774,033,333 $10,094,328,898
1985 $22,278,423,077 $9,717,392,687
1984 $18,920,840,000 $8,298,309,581
1983 $17,609,048,822 $8,781,664,427
1982 $18,525,399,202 $7,899,988,841
1981 $20,249,694,002 $7,507,663,567
1980 $18,138,049,096 $7,012,585,454
1979 $15,565,480,322 $6,586,048,398
1978 $13,281,767,143 $6,014,961,435
1977 $9,651,149,302 $5,651,840,585
1976 $10,117,113,333 $4,943,806,093
1975 $19,448,348,073 $4,577,047,854
1974 $12,512,460,520 $4,577,209,966
1973 $8,086,725,729 $4,070,570,550
1972 $6,288,245,867 $3,520,252,938
1971 $8,751,843,188 $3,224,280,835
1970 $8,992,722,167 $3,045,354,455
1969 $8,471,006,438 $2,768,987,372
1968 $7,483,685,771 $2,619,948,865
1967 $7,253,575,688 $2,461,762,003
1966 $6,439,687,854 $2,324,466,416
1965 $5,906,636,792 $2,159,998,591
1964 $5,386,054,833 $1,984,129,186
1963 $5,319,458,563 $1,825,058,828
1962 $5,081,413,542 $1,747,566,307
1961 $4,817,580,375 $1,680,859,514
1960 $4,274,894,083 $1,610,511,694

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

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

GDP per capita in Bangladesh vs Ethiopia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Ethiopia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Ethiopia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $933 -
2024 $2,593 $9,647 $1,134 $3,288
2023 $2,551 $9,148 $1,056 $3,061
2022 $2,716 $8,451 $982 $2,845
2021 $2,483 $7,441 $893 $2,588
2020 $2,249 $6,641 $830 $2,407
2019 $2,130 $6,047 $793 $2,242
2018 $1,965 $5,490 $740 $2,095
2017 $1,811 $4,883 $696 $2,005
2016 $1,649 $4,579 $642 $1,858
2015 $1,224 $4,212 $598 $1,633
2014 $1,094 $3,973 $550 $1,485
2013 $958 $3,691 $484 $1,253
2012 $860 $3,434 $452 $1,179
2011 $837 $3,051 $343 $1,098
2010 $757 $2,834 $331 $996
2009 $679 $2,675 $369 $899
2008 $613 $2,555 $316 $845
2007 $538 $2,388 $237.1 $770
2006 $490 $2,195 $189.3 $693
2005 $480 $2,020 $158.2 $625
2004 $456 $1,862 $133.2 $558
2003 $427 $1,746 $116.8 $493
2002 $394 $1,659 $109.6 $509
2001 $395 $1,598 $118.5 $509
2000 $397 $1,512 $122.3 $474
1999 $388 $1,430 $120.7 $450
1998 $386 $1,373 $126.5 $436
1997 $379 $1,315 $143.4 $461
1996 $372 $1,261 $147.3 $453
1995 $309 $1,206 $136.5 $409
1994 $280.6 $1,145 $127.7 $391
1993 $280.8 $1,099 $168.5 $384
1992 $273.5 $1,045 $207.4 $343
1991 $272.1 $987 $277.6 $383
1990 $283.1 $941 $262.1 $417
1989 $263 - $256.4 -
1988 $247.9 - $253.2 -
1987 $231.5 - $254.1 -
1986 $212.1 - $246 -
1985 $222.2 - $243.9 -
1984 $193.4 - $214.2 -
1983 $184.7 - $232.7 -
1982 $199.6 - $215.3 -
1981 $224.2 - $212.7 -
1980 $206.1 - $203.7 -
1979 $181.1 - $192.4 -
1978 $158.3 - $178.3 -
1977 $117.9 - $170.4 -
1976 $126.7 - $152 -
1975 $249.8 - $144.3 -
1974 $165 - $147.9 -
1973 $109.7 - $134.9 -
1972 $87.8 - $119.8 -
1971 $124.5 - $112.7 -
1970 $130.2 - $109.4 -
1969 $125.9 - $102.3 -
1968 $114.4 - $99.5 -
1967 $114.2 - $96.1 -
1966 $104.4 - $93.2 -
1965 $98.6 - $88.9 -
1964 $92.6 - $83.8 -
1963 $94.1 - $79.2 -
1962 $92.6 - $77.8 -
1961 $90.4 - $76.7 -
1960 $82.5 - $75.3 -

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

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $933 in Ethiopia, ranking 182/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Ethiopia ranks 175th at $3,288.

Economic indicators

Bangladesh Ethiopia
Gross domestic product
$456B
2025
$126B
2025
GDP rank
38/197
2025
66/197
2025
GDP growth
3.49%
2024-2025
9.77%
2024-2025
GDP per capita
$2,597
2025
$933
2025
GDP per capita rank
151/197
2025
182/197
2025
GDP per capita, PPP
$9,647
2024
$3,288
2024
GDP per capita PPP rank
135/197
2024
175/197
2024
Government debt
$192B
2025
$54.4B
2025
Debt-to-GDP ratio
42%
2025
43.1%
2025
Government debt per person
$1,092
2025
$402
2025
Government debt per person rank
143/185
2025
172/185
2025
Average annual personal income after taxes
$2,829
2026
$2,030
2026
Market capitalization of domestic companies
$26.2B
2025
n/a
Income share by richest 10%
25.5%
2022
24.8%
2021
Income share by poorest 10%
3.7%
2022
3.5%
2021
Government expenditure, % of GDP
10.9%
2025
12%
2025
Consumer prices inflation
10%
2024-2025
13.2%
2024-2025
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
3.94%
2021
Population
178936470
140722974

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Ethiopia
Spending

Debt
1x
Year % of GDP
Bangladesh Ethiopia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 12% 43.1%
2024 12% 41% 9.54% 33.4%
2023 12.6% 39.7% 10.8% 38.7%
2022 13% 37.9% 12.7% 46.9%
2021 12.9% 35.6% 13.8% 53.8%
2020 13.3% 34.5% 14.5% 53.2%
2019 13.6% 32% 15.4% 54.7%
2018 13% 29.6% 16.1% 58.4%
2017 12.2% 28.3% 18% 55.3%
2016 11.6% 27.7% 17.9% 51.8%
2015 11.5% 28.2% 17.3% 50.7%
2014 11.7% 28.7% 17.5% 44.2%
2013 12.1% 28.3% 17.8% 44.1%
2012 11.7% 29.1% 16.6% 39.4%
2011 11.5% 29.4% 18.2% 44.6%
2010 10.6% 29.6% 18.5% 39.4%
2009 10.6% 33% 17.1% 30%
2008 11.5% 33.9% 18.8% 56.1%
2007 9.63% 35% 20.5% 55.7%
2006 10.1% 35.3% 22.1% 79.6%
2005 10.3% 35.6% 22.9% 78.2%
2004 9.88% 36.6% 23.1% 103.1%
2003 10.2% 37% 27% 103.7%
2002 10.4% 38.9% 24.9% 107.4%
2001 10.7% 37.1% 22.4% 97.3%
2000 9.76% 31.2% 25.6% 93.6%
1999 8.66% 32.7% 26.8% 97.8%
1998 9.82% 31.1% 21.1% 89.3%
1997 9.89% 29.1% 17.9% 80.3%
1996 9.79% 31% 18.8% 132.8%
1995 10.5% 32.9% 17.4% 146.6%
1994 10% 35.5% 17.6% 155.2%
1993 9.74% 34.1% 13.8% 141%
1992 8.8% 33.1% 14.2% 87.9%
1991 8.86% 31.8% 17.3% 89.3%
1990 9.14% 31.5% 20.9% 91.6%
1989 - - 24% 84.7%
1988 - - 21.6% 84.3%
1987 - - 18.4% 82.3%
1986 - - 19.8% 75.7%
1985 - - 19.7% 67.7%
1984 - - 18.8% 65.4%
1983 - - 21.3% 55.2%
1982 - - 16.4% 48.8%
1981 - - 14.2% 30.6%
1980 - - 13.5% 18.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–2002, retrieved 2026-07-08).

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

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Ethiopia spent $15.2B, or 12% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 43.1% in Ethiopia, ranking 124/185 and 122/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Ethiopia
1x
Year Deficit/surplus, % of GDP
Bangladesh Ethiopia
2025 -2.93% -1.19%
2024 -3.7% -1.99%
2023 -4.39% -2.6%
2022 -4.53% -4.16%
2021 -3.56% -2.77%
2020 -4.84% -2.76%
2019 -5.41% -2.53%
2018 -4.07% -3.03%
2017 -4.17% -3.24%
2016 -3.16% -2.3%
2015 -3.29% -1.95%
2014 -2.62% -2.58%
2013 -2.86% -1.93%
2012 -2.56% -1.17%
2011 -2.96% -1.61%
2010 -2.23% -1.32%
2009 -2.68% -0.93%
2008 -3.36% -2.88%
2007 -1.86% -3.57%
2006 -2.15% -3.79%
2005 -2.4% -4.12%
2004 -2.21% -2.65%
2003 -1.96% -5.59%
2002 -2.3% -5.76%
2001 -3.44% -3.76%
2000 -2.5% -8.88%
1999 -1.35% -8.54%
1998 -2.2% -3.65%
1997 -1.94% -1.76%
1996 -2.01% -3.93%
1995 -0.38% -2.76%
1994 0.03% -5.39%
1993 0.43% -4.12%
1992 0.36% -4.92%
1991 0.44% -6%
1990 -0.15% -6.86%
1989 - -4.33%
1988 - -3.48%
1987 - -3.54%
1986 - -3.98%
1985 - -4.71%
1984 - -3.69%
1983 - -7.59%
1982 - -3.6%
1981 - -2.19%
1980 - -2.56%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1980–1989, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/ethiopia | 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 Ethiopia's deficit of $1.5B, or 1.19% of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 of those years, while Ethiopia ran a deficit in 36 years. On average, Bangladesh posted an annual deficit equal to 2.47% of GDP, compared to deficit of 3.53% of GDP for Ethiopia.

Inflation comparison by year

Inflation
Bangladesh

Ethiopia
1x
Year Consumer prices inflation
Bangladesh Ethiopia
2025 10% 13.2%
2024 9.7% 21%
2023 9% 30.2%
2022 6.1% 33.9%
2021 5.6% 26.8%
2020 5.6% 20.4%
2019 5.5% 15.8%
2018 5.8% 13.8%
2017 5.4% 10.7%
2016 5.9% 6.63%
2015 6.4% 9.57%
2014 7.3% 6.89%
2013 6.8% 7.46%
2012 8.9% 23.6%
2011 8.8% 33.2%
2010 7.3% 8.15%
2009 6.7% 8.48%
2008 9.9% 44.4%
2007 7.2% 17.2%
2006 7.2% 12.3%
2005 6.5% 9.97%
2004 8.1% 3.33%
2003 3.9% 13.7%
2002 2.4% 0.68%
2001 1.8% -8.24%
2000 3.6% 0.66%
1999 8.9% 7.94%
1998 6.7% 0.89%
1997 2.7% 2.4%

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/ethiopia | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 13.6% in Ethiopia. In 2025, inflation was 10% in Bangladesh and 13.2% in Ethiopia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $7.47M
Machinery & equipment $1.91M
Chemicals & pharma $1.14M
Processed food, beverages & tobacco $461K
Wood & paper products $114K
Miscellaneous $91K
Metals $38K
Raw materials & minerals $4K
Ethiopia
Export category Export value
Textiles & consumer goods $2.89M
Raw agricultural goods $152K
Metals $13K
Animal & marine products $9K
Machinery & equipment $5K
Precious metals & jewellery $2K
Wood & paper products $2K
Raw materials & minerals $1K

Balance of trade

Bangladesh Ethiopia
Current account balance
-$239M
2025
-$3.79B
2024
Current account balance ranking
93/190
2025
154/190
2024
Current account balance, % of GDP
-0.05%
2025
-2.53%
2024
Goods imports
$66B
2025
$19.6B
2024
Goods exports
$43.8B
2025
$5.58B
2024
Service imports
$14.7B
2025
$5.51B
2024
Service exports
$8.42B
2025
$7.61B
2024
Imports of goods and services, % of GDP
16.8%
2025
20.2%
2025
Exports of goods and services, % of GDP
11.1%
2025
13.3%
2025

Economic freedom indices

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

Bangladesh Ethiopia
Economic freedom 54.8 48.1
Economic freedom ranking 131/197 171/197
Property rights 32.1 22.1
Government integrity 22.7 33.2
Judicial effectiveness 36.7 19.1
Tax burden 79.9 78.6
Government spending 95.3 96.4
Fiscal health 68.4 84.3
Business freedom 52.7 44.5
Labor freedom 50.5 37.8
Monetary freedom 65.8 53.7
Trade freedom 63 57.4
Investment freedom 50 30
Financial freedom 40 20

Economic freedom comparison by year

Bangladesh
Ethiopia
1x
Year Economic freedom index
Bangladesh Ethiopia
2026 54.8 48.1
2025 54.7 48.1
2024 54.4 47.9
2023 54.4 48.3
2022 52.7 49.6
2021 56.5 51.7
2020 56.4 53.6
2019 55.6 53.6
2018 55.1 52.8
2017 55 52.7
2016 53.3 51.5
2015 53.9 51.5
2014 54.1 50
2013 52.6 49.4
2012 53.2 52
2011 53 50.5
2010 51.1 51.2
2009 47.5 53
2008 44.2 52.5
2007 46.7 53.6
2006 52.9 50.9
2005 47.5 51.1
2004 50 54.5
2003 49.3 48.8
2002 51.9 49.8
2001 51.2 48.9
2000 48.9 50.2
1999 50 46.7
1998 52 49.2
1997 49.9 48.1
1996 51.1 45.9
1995 40.9 42.6

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 48.1 for Ethiopia, ranking 171/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Ethiopia
Services, % of GDP
52.1%
2025
36.6%
2025
Industry, % of GDP
34%
2025
27.8%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
32.8%
2025
GNI, Atlas method
$499B
2025
$151B
2025
GNI per capita, PPP
$10,710
2025
$3,620
2025
Total reserves including gold
$28.6B
2025
$3.78B
2024
Total reserves ranking
58/177
2025
113/177
2024
Net foreign direct investment
-$1.84B
2025
-$4.02B
2024
Net inflows of foreign direct investment
$1.28B
2024
$4.02B
2024
Net outflows of foreign direct investment
$34.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
0.91%
2024
Poverty at national poverty lines
18.7%
2022
33.1%
2021
Gross capital formation, % of GDP
28.5%
2025
20.1%
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/ethiopia | 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 (1980–2002, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2018–2023, 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.