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Economy of Bangladesh vs Haiti compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $25.2B for Haiti, ranking 36/197 and 117/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Bangladesh vs Haiti GDP by year

Bangladesh
Haiti
1x
Year GDP, current $
Bangladesh Haiti
2024 $450,119,432,069 $25,224,154,991
2023 $437,415,333,018 $19,850,585,722
2022 $460,131,689,083 $20,253,551,921
2021 $416,271,647,911 $20,944,387,976
2020 $373,979,442,362 $14,508,222,518
2019 $351,231,654,604 $15,016,090,930
2018 $321,362,752,442 $16,403,864,618
2017 $293,732,446,625 $15,093,357,161
2016 $265,224,515,675 $14,069,277,526
2015 $195,146,608,978 $14,849,629,309
2014 $172,886,611,654 $15,146,883,498
2013 $149,998,957,434 $14,902,488,604
2012 $133,310,747,603 $13,708,925,477
2011 $128,607,482,310 $13,008,746,039
2010 $115,275,540,051 $11,859,312,725
2009 $102,475,158,191 $11,597,002,835
2008 $91,636,997,371 $10,432,962,635
2007 $79,611,644,975 $9,228,637,768
2006 $71,795,736,172 $7,638,739,123
2005 $69,476,001,239 $7,030,149,730
2004 $65,108,544,250 $6,087,360,684
2003 $60,158,929,188 $5,071,947,798
2002 $54,724,081,491 $6,205,847,214
2001 $53,991,289,844 $6,331,970,324
2000 $53,369,787,319 $6,813,566,099
1999 $51,270,569,884 $4,153,725,884
1998 $49,984,559,471 $3,723,903,724
1997 $48,244,309,133 $3,338,949,152
1996 $46,438,484,108 $2,907,517,604
1995 $37,939,748,769 $2,813,313,279
1994 $33,768,660,883 $2,167,569,046
1993 $33,166,519,418 $1,878,253,767
1992 $31,708,874,594 $2,257,129,792
1991 $30,957,483,950 $3,473,562,628
1990 $31,598,340,778 $3,096,289,800
1989 $28,781,715,189 $2,736,243,800
1988 $26,579,005,558 $2,613,926,800
1987 $24,298,032,258 $2,047,200,000
1986 $21,774,033,333 $2,318,000,000
1985 $22,278,423,077 $2,009,400,000
1984 $18,920,840,000 $1,816,200,000
1983 $17,609,048,822 $1,623,600,000
1982 $18,525,399,202 $1,474,200,000
1981 $20,249,694,002 $1,479,400,000
1980 $18,138,049,096 $1,383,800,000
1979 $15,565,480,322 $1,080,600,000
1978 $13,281,767,143 $974,200,000
1977 $9,651,149,302 $947,000,000
1976 $10,117,113,333 $879,000,000
1975 $19,448,348,073 $681,400,000
1974 $12,512,460,520 $565,399,322
1973 $8,086,725,729 $466,798,973
1972 $6,288,245,867 $371,998,958
1971 $8,751,843,188 $362,800,000
1970 $8,992,722,167 $331,200,000
1969 $8,471,006,438 $391,820,400
1968 $7,483,685,771 $367,968,800
1967 $7,253,575,688 $369,124,200
1966 $6,439,687,854 $368,948,600
1965 $5,906,636,792 $353,251,800
1964 $5,386,054,833 $325,281,200
1963 $5,319,458,563 $294,883,400
1962 $5,081,413,542 $281,896,800
1961 $4,817,580,375 $271,066,000
1960 $4,274,894,083 $273,187,200

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Haiti by year

Bangladesh
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $2,143 $3,194
2023 $2,551 $9,148 $1,706 $3,292
2022 $2,716 $8,451 $1,761 $3,275
2021 $2,483 $7,441 $1,841 $3,145
2020 $2,249 $6,641 $1,290 $3,103
2019 $2,130 $6,047 $1,352 $3,237
2018 $1,965 $5,490 $1,496 $3,197
2017 $1,811 $4,883 $1,395 $3,339
2016 $1,649 $4,579 $1,318 $3,253
2015 $1,224 $4,212 $1,411 $3,026
2014 $1,094 $3,973 $1,460 $3,076
2013 $958 $3,691 $1,458 $3,042
2012 $860 $3,434 $1,361 $2,830
2011 $837 $3,051 $1,312 $2,858
2010 $757 $2,834 $1,210 $2,695
2009 $679 $2,675 $1,197 $2,855
2008 $613 $2,555 $1,095 $2,724
2007 $538 $2,388 $985 $2,647
2006 $490 $2,195 $829 $2,504
2005 $480 $2,020 $776 $2,427
2004 $456 $1,862 $683 $2,322
2003 $427 $1,746 $579 $2,331
2002 $394 $1,659 $721 $2,248
2001 $395 $1,598 $749 $2,230
2000 $397 $1,512 $821 $2,229
1999 $388 $1,430 $510 $2,201
1998 $386 $1,373 $465 $2,152
1997 $379 $1,315 $425 $2,122
1996 $372 $1,261 $377 $2,070
1995 $309 $1,206 $372 $1,989
1994 $280.6 $1,145 $292.1 $1,807
1993 $280.8 $1,099 $258.1 $2,048
1992 $273.5 $1,045 $316 $2,158
1991 $272.1 $987 $497 $2,273
1990 $283.1 $941 $452 $2,202
1989 $263 - $407 -
1988 $247.9 - $397 -
1987 $231.5 - $318 -
1986 $212.1 - $367 -
1985 $222.2 - $325 -
1984 $193.4 - $299.2 -
1983 $184.7 - $272.8 -
1982 $199.6 - $252.6 -
1981 $224.2 - $258.5 -
1980 $206.1 - $246.5 -
1979 $181.1 - $196.2 -
1978 $158.3 - $180.3 -
1977 $117.9 - $178.7 -
1976 $126.7 - $169.1 -
1975 $249.8 - $133.6 -
1974 $165 - $113 -
1973 $109.7 - $95.1 -
1972 $87.8 - $77.3 -
1971 $124.5 - $76.8 -
1970 $130.2 - $71.5 -
1969 $125.9 - $86.1 -
1968 $114.4 - $82.4 -
1967 $114.2 - $84.2 -
1966 $104.4 - $85.7 -
1965 $98.6 - $83.6 -
1964 $92.6 - $78.5 -
1963 $94.1 - $72.4 -
1962 $92.6 - $70.4 -
1961 $90.4 - $69 -
1960 $82.5 - $70.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Haiti ranks 177th at $3,194.

Economic indicators

Bangladesh Haiti
Gross domestic product
$450B
2024
$25.2B
2024
GDP rank
36/197
2024
117/197
2024
GDP growth
4.22%
2023-2024
-4.17%
2023-2024
GDP per capita
$2,593
2024
$2,143
2024
GDP per capita rank
146/197
2024
153/197
2024
GDP per capita, PPP
$9,647
2024
$3,194
2024
GDP per capita PPP rank
135/197
2024
177/197
2024
Government debt
$184B
2024
$3.91B
2024
Debt-to-GDP ratio
41%
2024
15.5%
2024
Government debt per person
$1,063
2024
$332
2024
Government debt per person rank
139/185
2024
176/185
2024
Average annual personal income after taxes
$2,222
2026
$1,896
2026
Market capitalization of domestic companies
$87.9B
2024
n/a
Income share by richest 10%
25.5%
2022
31.2%
2012
Income share by poorest 10%
3.7%
2022
2.1%
2012
Government expenditure, % of GDP
12%
2024
5.25%
2024
Consumer prices inflation
9.7%
2023-2024
26.9%
2023-2024
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
14.1%
2012
Population
178415186
12076663

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Bangladesh Haiti
Government spending Government debt Government spending Government debt
2024 12% 41% 5.25% 15.5%
2023 12.6% 39.7% 6.46% 28.5%
2022 13% 37.9% 8.33% 29.5%
2021 12.9% 35.6% 9.42% 28.9%
2020 13.3% 34.5% 9.86% 22.3%
2019 13.6% 32% 9.59% 26.5%
2018 13% 29.6% 11.3% 24.1%
2017 12.2% 28.3% 10.2% 22.5%
2016 11.6% 27.7% 10.5% 24.4%
2015 11.5% 28.2% 12.7% 23.9%
2014 11.7% 28.7% 14.6% 21.4%
2013 12.1% 28.3% 15.9% 25.1%
2012 11.7% 29.1% 16.4% 24.1%
2011 11.5% 29.4% 14.1% 22.3%
2010 10.6% 29.6% 12.6% 24.9%
2009 10.6% 33% 11.6% 19.4%
2008 11.5% 33.9% 11.2% 33.9%
2007 9.63% 35% 11.1% 24.4%
2006 10.1% 35.3% 9.67% 32.2%
2005 10.3% 35.6% 8.75% 29.7%
2004 9.88% 36.6% 7.38% 30.4%
2003 10.2% 37% 7.83% 37.8%
2002 10.4% 38.9% 6.64% 32%
2001 10.7% 37.1% 6.11% 28.8%
2000 9.76% 31.2% 6.25% 32.5%
1999 8.66% 32.7% 6.91% 24.1%
1998 9.82% 31.1% 5.4% 24%
1997 9.89% 29.1% 5.46% 26.2%
1996 9.79% 31% - 26.2%
1995 10.5% 32.9% - 26.2%
1994 10% 35.5% - 35.3%
1993 9.74% 34.1% - 98%
1992 8.8% 33.1% - 118.9%
1991 8.86% 31.8% - 80.7%
1990 9.14% 31.5% - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2002, retrieved 2026-02-20).

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 15.5% in Haiti, ranking 131/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Haiti
1x
Year Deficit/surplus, % of GDP
Bangladesh Haiti
2024 -3.69% 6.96%
2023 -4.39% 0.77%
2022 -4.53% -1.75%
2021 -3.56% -2.45%
2020 -4.84% -1.96%
2019 -5.41% -1.99%
2018 -4.07% -1.13%
2017 -4.17% -0.32%
2016 -3.16% 0.12%
2015 -3.29% -1.47%
2014 -2.62% -3.64%
2013 -2.86% -3.98%
2012 -2.56% -2.71%
2011 -2.96% -1.43%
2010 -2.23% -1.5%
2009 -2.68% -2%
2008 -3.36% -1.8%
2007 -1.86% -1.55%
2006 -2.15% -0.91%
2005 -2.4% -0.83%
2004 -2.21% -1.34%
2003 -1.96% -2.24%
2002 -2.3% -1.8%
2001 -3.44% -1.55%
2000 -2.5% -1.36%
1999 -1.35% -1.54%
1998 -2.2% 0.21%
1997 -1.94% 0.37%
1996 -2.01% -
1995 -0.38% -
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/bangladesh/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Haiti ran a deficit in 23 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Bangladesh

Haiti
1x
Year Consumer prices inflation
Bangladesh Haiti
2024 9.7% 26.9%
2023 9% 36.8%
2022 6.1% 34%
2021 5.6% 16.8%
2020 5.6% 22.8%
2019 5.5% 18.7%
2018 5.8% 12.5%
2017 5.4% 10.7%
2016 5.9% 11.5%
2015 6.4% 6.73%
2014 7.3% 3.44%
2013 6.8% 4.77%
2012 8.9% 5.02%
2011 8.8% 6.33%
2010 7.3% 4.83%
2009 6.7% 0.39%
2008 9.9% 15.3%
2007 7.2% 6.56%
2006 7.2% 11.3%
2005 6.5% 14%
2004 8.1% 21%
2003 3.9% 28.7%
2002 2.4% 7.03%
2001 1.8% 13.3%
2000 3.6% 9.33%
1999 8.9% 3%
1998 6.7% 5.27%
1997 2.7% 20.6%

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/haiti | CC BY

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 13.5% in Haiti. In 2024, inflation was 9.7% in Bangladesh and 26.9% in Haiti.

Top exports between countries

Bangladesh
Export category Export value
Machinery & equipment $1.4M
Chemicals & pharma $61K
Processed food, beverages & tobacco $40K
Textiles & consumer goods $18K
Raw agricultural goods $16K
Haiti
Export category Export value
Miscellaneous $2K

Balance of trade

Bangladesh Haiti
Current account balance
$1.43B
2024
-$145M
2024
Current account balance ranking
52/190
2024
92/190
2024
Current account balance, % of GDP
+0.32%
2024
-0.58%
2024
Goods imports
$63.8B
2024
$4.27B
2024
Goods exports
$47.3B
2024
$767M
2024
Service imports
$12.3B
2024
$518M
2024
Service exports
$7.47B
2024
$96.6M
2024
Imports of goods and services, % of GDP
16.3%
2024
18.8%
2024
Exports of goods and services, % of GDP
10.5%
2024
3.4%
2024

Economic freedom indices

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

Bangladesh Haiti
Economic freedom 54.8 46.1
Economic freedom ranking 131/197 178/197
Property rights 32.1 6.6
Government integrity 22.7 13
Judicial effectiveness 36.7 17.3
Tax burden 79.9 81.7
Government spending 95.3 98.7
Fiscal health 68.4 99.5
Business freedom 52.7 30.7
Labor freedom 50.5 54.7
Monetary freedom 65.8 45.1
Trade freedom 63 66.4
Investment freedom 50 20
Financial freedom 40 20

Economic freedom comparison by year

Bangladesh
Haiti
1x
Year Economic freedom index
Bangladesh Haiti
2026 54.8 46.1
2025 54.7 46.1
2024 54.4 48.2
2023 54.4 49.9
2022 52.7 50
2021 56.5 50.8
2020 56.4 52.3
2019 55.6 52.7
2018 55.1 55.8
2017 55 49.6
2016 53.3 51.3
2015 53.9 51.3
2014 54.1 48.9
2013 52.6 48.1
2012 53.2 50.7
2011 53 52.1
2010 51.1 50.8
2009 47.5 50.5
2008 44.2 49
2007 46.7 51.4
2006 52.9 49.2
2005 47.5 48.4
2004 50 51.2
2003 49.3 50.6
2002 51.9 47.9
2001 51.2 47.1
2000 48.9 45.7
1999 50 45.9
1998 52 45.7
1997 49.9 45.8
1996 51.1 41
1995 40.9 43

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Haiti
Services, % of GDP
51.4%
2024
48.3%
2024
Industry, % of GDP
34.1%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
15.9%
2024
GNI, Atlas method
$490B
2024
$20.7B
2024
GNI per capita, PPP
$10,060
2024
$3,190
2024
Total reserves including gold
$21.4B
2024
$2.72B
2024
Total reserves ranking
61/177
2024
121/177
2024
Net foreign direct investment
-$1.49B
2024
-$20M
2024
Net inflows of foreign direct investment
$1.31B
2024
$20M
2024
Net outflows of foreign direct investment
$34.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
2.15%
2024
Poverty at national poverty lines
18.7%
2022
58.5%
2012
Gross capital formation, % of GDP
30.7%
2024
9.94%
2024

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/haiti | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1924–2002, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2015–2017, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.