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Economy of Bangladesh vs Hungary compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $246B for Hungary, ranking 38/197 and 55/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $185B (75.2% of GDP) in Hungary.

Bangladesh vs Hungary GDP by year

Bangladesh
Hungary
1x
Year GDP, current $
Bangladesh Hungary
2025 $456,319,229,256 $246,490,213,513
2024 $450,119,432,069 $222,848,211,034
2023 $437,415,333,018 $213,029,511,029
2022 $460,131,689,083 $177,002,580,544
2021 $416,271,647,911 $183,282,685,440
2020 $373,979,442,362 $158,468,487,754
2019 $351,231,654,604 $164,936,682,034
2018 $321,362,752,442 $161,184,691,014
2017 $293,732,446,625 $143,335,098,992
2016 $265,224,515,675 $128,983,560,865
2015 $195,146,608,978 $125,244,126,623
2014 $172,886,611,654 $141,128,696,412
2013 $149,998,957,434 $135,646,053,779
2012 $133,310,747,603 $128,470,269,690
2011 $128,607,482,310 $141,712,804,954
2010 $115,275,540,051 $131,898,737,241
2009 $102,475,158,191 $130,807,441,076
2008 $91,636,997,371 $158,228,265,916
2007 $79,611,644,975 $140,123,326,896
2006 $71,795,736,172 $115,604,111,412
2005 $69,476,001,239 $113,098,237,571
2004 $65,108,544,250 $104,015,363,080
2003 $60,158,929,188 $85,190,469,121
2002 $54,724,081,491 $67,636,468,625
2001 $53,991,289,844 $53,800,068,066
2000 $53,369,787,319 $47,275,954,429
1999 $51,270,569,884 $49,160,204,397
1998 $49,984,559,471 $48,784,412,624
1997 $48,244,309,133 $47,398,564,799
1996 $46,438,484,108 $46,833,767,124
1995 $37,939,748,769 $46,577,614,589
1994 $33,768,660,883 $43,307,949,890
1993 $33,166,519,418 $40,256,233,360
1992 $31,708,874,594 $38,857,339,125
1991 $30,957,483,950 $34,867,307,353
1990 $31,598,340,778 $34,478,360,679
1989 $28,781,715,189 $30,422,508,938
1988 $26,579,005,558 $29,799,838,597
1987 $24,298,032,258 $27,232,016,527
1986 $21,774,033,333 $24,778,163,812
1985 $22,278,423,077 $21,510,643,750
1984 $18,920,840,000 $21,242,726,264
1983 $17,609,048,822 $21,910,365,258
1982 $18,525,399,202 $24,141,667,188
1981 $20,249,694,002 $23,705,883,892
1980 $18,138,049,096 $23,116,977,148
1979 $15,565,480,322 $19,959,731,325
1978 $13,281,767,143 $17,286,744,154
1977 $9,651,149,302 $14,783,674,055
1976 $10,117,113,333 $13,235,612,079
1975 $19,448,348,073 $11,420,392,515
1974 $12,512,460,520 $10,016,338,179
1973 $8,086,725,729 $9,138,292,402
1972 $6,288,245,867 $7,379,313,742
1971 $8,751,843,188 $6,291,568,221
1970 $8,992,722,167 $5,780,929,203
1969 $8,471,006,438 $5,429,812,387
1968 $7,483,685,771 $4,886,222,555
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/hungary | CC BY

GDP per capita in Bangladesh vs Hungary by year

Bangladesh
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $25,907 -
2024 $2,593 $9,647 $23,305 $48,552
2023 $2,551 $9,148 $22,209 $46,592
2022 $2,716 $8,451 $18,428 $44,366
2021 $2,483 $7,441 $19,031 $38,887
2020 $2,249 $6,641 $16,387 $35,584
2019 $2,130 $6,047 $17,013 $35,627
2018 $1,965 $5,490 $16,605 $32,258
2017 $1,811 $4,883 $14,736 $29,728
2016 $1,649 $4,579 $13,216 $28,179
2015 $1,224 $4,212 $12,783 $26,938
2014 $1,094 $3,973 $14,353 $25,796
2013 $958 $3,691 $13,739 $24,592
2012 $860 $3,434 $12,950 $23,205
2011 $837 $3,051 $14,211 $22,992
2010 $757 $2,834 $13,190 $21,691
2009 $679 $2,675 $13,051 $20,691
2008 $613 $2,555 $15,763 $20,709
2007 $538 $2,388 $13,935 $19,089
2006 $490 $2,195 $11,478 $18,362
2005 $480 $2,020 $11,212 $17,091
2004 $456 $1,862 $10,291 $16,251
2003 $427 $1,746 $8,410 $15,460
2002 $394 $1,659 $6,658 $14,532
2001 $395 $1,598 $5,281 $13,223
2000 $397 $1,512 $4,630 $11,872
1999 $388 $1,430 $4,802 $10,892
1998 $386 $1,373 $4,752 $10,415
1997 $379 $1,315 $4,606 $9,846
1996 $372 $1,261 $4,542 $9,388
1995 $309 $1,206 $4,509 $9,222
1994 $280.6 $1,145 $4,187 $8,888
1993 $280.8 $1,099 $3,887 $8,441
1992 $273.5 $1,045 $3,747 $8,284
1991 $272.1 $987 $3,361 $8,352
1990 $283.1 $941 $3,324 $9,169
1989 $263 - $2,902 -
1988 $247.9 - $2,812 -
1987 $231.5 - $2,566 -
1986 $212.1 - $2,331 -
1985 $222.2 - $2,020 -
1984 $193.4 - $1,991 -
1983 $184.7 - $2,050 -
1982 $199.6 - $2,255 -
1981 $224.2 - $2,213 -
1980 $206.1 - $2,158 -
1979 $181.1 - $1,865 -
1978 $158.3 - $1,618 -
1977 $117.9 - $1,388 -
1976 $126.7 - $1,249 -
1975 $249.8 - $1,083 -
1974 $165 - $956 -
1973 $109.7 - $876 -
1972 $87.8 - $710 -
1971 $124.5 - $607 -
1970 $130.2 - $559 -
1969 $125.9 - $527 -
1968 $114.4 - $476 -
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/hungary | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $25,907 in Hungary, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Hungary ranks 48th at $48,552.

Economic indicators

Bangladesh Hungary
Gross domestic product
$456B
2025
$246B
2025
GDP rank
38/197
2025
55/197
2025
GDP growth
3.49%
2024-2025
0.51%
2024-2025
GDP per capita
$2,597
2025
$25,907
2025
GDP per capita rank
151/197
2025
52/197
2025
GDP per capita, PPP
$9,647
2024
$48,552
2024
GDP per capita PPP rank
135/197
2024
48/197
2024
Government debt
$192B
2025
$185B
2025
Debt-to-GDP ratio
42%
2025
75.2%
2025
Government debt per person
$1,092
2025
$19,473
2025
Government debt per person rank
143/185
2025
33/185
2025
Average annual personal income after taxes
$2,829
2026
$18,331
2026
Market capitalization of domestic companies
$26.2B
2025
$62.6B
2025
Number of millionaires n/a
27,000
2026
Number of billionaires n/a
4
2026
Income share by richest 10%
25.5%
2022
24.4%
2022
Income share by poorest 10%
3.7%
2022
2.8%
2022
Government expenditure, % of GDP
10.9%
2025
47.5%
2025
Consumer prices inflation
10%
2024-2025
4.41%
2024-2025
Central bank interest rate
10%
2024
6.25%
2026
Unemployment rate
3.64%
2024
4.4%
2025
Population
178936470
9454659

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Bangladesh Hungary
Government spending Government debt Government spending Government debt
2025 10.9% 42% 47.5% 75.2%
2024 12% 41% 46.9% 73.5%
2023 12.6% 39.7% 49.3% 73.2%
2022 13% 37.9% 48.9% 74.1%
2021 12.9% 35.6% 48.1% 76.2%
2020 13.3% 34.5% 51% 78.7%
2019 13.6% 32% 45.8% 65%
2018 13% 29.6% 45.9% 68.8%
2017 12.2% 28.3% 46.6% 72%
2016 11.6% 27.7% 46.7% 74.6%
2015 11.5% 28.2% 50.4% 75.7%
2014 11.7% 28.7% 50% 76.5%
2013 12.1% 28.3% 50.1% 77.2%
2012 11.7% 29.1% 49.2% 78.4%
2011 11.5% 29.4% 49.1% 80.5%
2010 10.6% 29.6% 48.9% 80.2%
2009 10.6% 33% 50.7% 78.2%
2008 11.5% 33.9% 48.8% 71.8%
2007 9.63% 35% 49.9% 65.6%
2006 10.1% 35.3% 51.4% 64.5%
2005 10.3% 35.6% 49.4% 60.6%
2004 9.88% 36.6% 48.8% 58.9%
2003 10.2% 37% 49.2% 58.2%
2002 10.4% 38.9% 51% 55.6%
2001 10.7% 37.1% 47.2% 52.2%
2000 9.76% 31.2% 47.3% 55.6%
1999 8.66% 32.7% 48.9% 60.3%
1998 9.82% 31.1% 50.7% 60.4%
1997 9.89% 29.1% 49.5% 62.2%
1996 9.79% 31% 50.9% 71.2%
1995 10.5% 32.9% 55% 83.9%
1994 10% 35.5% - 86.2%
1993 9.74% 34.1% - 87.2%
1992 8.8% 33.1% - 76.5%
1991 8.86% 31.8% - 74.2%
1990 9.14% 31.5% - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1989–2002, retrieved 2026-07-08).

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

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Hungary spent $117B, or 47.5% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 75.2% in Hungary, ranking 124/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Hungary
1x
Year Deficit/surplus, % of GDP
Bangladesh Hungary
2025 -2.93% -4.68%
2024 -3.7% -4.9%
2023 -4.39% -6.77%
2022 -4.53% -6.19%
2021 -3.56% -7.11%
2020 -4.84% -7.49%
2019 -5.41% -2.02%
2018 -4.07% -2.05%
2017 -4.17% -2.45%
2016 -3.16% -1.79%
2015 -3.29% -2%
2014 -2.62% -2.77%
2013 -2.86% -2.6%
2012 -2.56% -2.33%
2011 -2.96% -5.22%
2010 -2.23% -4.44%
2009 -2.68% -4.76%
2008 -3.36% -3.78%
2007 -1.86% -5.09%
2006 -2.15% -9.27%
2005 -2.4% -7.79%
2004 -2.21% -6.6%
2003 -1.96% -7.19%
2002 -2.3% -8.79%
2001 -3.44% -4%
2000 -2.5% -3.04%
1999 -1.35% -5.27%
1998 -2.2% -7.41%
1997 -1.94% -5.54%
1996 -2.01% -4.36%
1995 -0.38% -8.57%
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/hungary | 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 Hungary's deficit of $11.5B, or 4.68% of GDP.

Over the past 31 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Hungary ran a deficit in 31 years. On average, Bangladesh posted an annual deficit equal to 2.9% of GDP, compared to deficit of 5.04% of GDP for Hungary.

Inflation comparison by year

Inflation
Bangladesh

Hungary
1x
Year Consumer prices inflation
Bangladesh Hungary
2025 10% 4.41%
2024 9.7% 3.7%
2023 9% 17.1%
2022 6.1% 14.6%
2021 5.6% 5.11%
2020 5.6% 3.33%
2019 5.5% 3.34%
2018 5.8% 2.85%
2017 5.4% 2.35%
2016 5.9% 0.39%
2015 6.4% -0.06%
2014 7.3% -0.23%
2013 6.8% 1.73%
2012 8.9% 5.65%
2011 8.8% 3.93%
2010 7.3% 4.86%
2009 6.7% 4.21%
2008 9.9% 6.04%
2007 7.2% 7.96%
2006 7.2% 3.93%
2005 6.5% 3.56%
2004 8.1% 6.74%
2003 3.9% 4.66%
2002 2.4% 5.27%
2001 1.8% 9.12%
2000 3.6% 9.8%
1999 8.9% 10%
1998 6.7% 14.2%
1997 2.7% 18.3%

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/hungary | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 6.1% in Hungary. In 2025, inflation was 10% in Bangladesh and 4.41% in Hungary.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $6.9M
Machinery & equipment $1.94M
Processed food, beverages & tobacco $95K
Chemicals & pharma $57K
Miscellaneous $3K
Hungary
Export category Export value
Chemicals & pharma $2.69M
Machinery & equipment $1.56M
Animal & marine products $295K
Textiles & consumer goods $177K
Processed food, beverages & tobacco $162K
Raw materials & minerals $26K
Metals $15K
Miscellaneous $2K

Balance of trade

Bangladesh Hungary
Current account balance
-$239M
2025
$4.08B
2025
Current account balance ranking
93/190
2025
34/190
2025
Current account balance, % of GDP
-0.05%
2025
+1.65%
2025
Goods imports
$66B
2025
$139B
2025
Goods exports
$43.8B
2025
$136B
2025
Service imports
$14.7B
2025
$29.8B
2025
Service exports
$8.42B
2025
$43.1B
2025
Imports of goods and services, % of GDP
16.8%
2025
68.1%
2025
Exports of goods and services, % of GDP
11.1%
2025
72.6%
2025

Economic freedom indices

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

Bangladesh Hungary
Economic freedom 54.8 62.5
Economic freedom ranking 131/197 86/197
Property rights 32.1 67.3
Government integrity 22.7 44
Judicial effectiveness 36.7 61.9
Tax burden 79.9 85.1
Government spending 95.3 30.2
Fiscal health 68.4 32.7
Business freedom 52.7 70.8
Labor freedom 50.5 56.5
Monetary freedom 65.8 72.1
Trade freedom 63 79.4
Investment freedom 50 80
Financial freedom 40 70

Economic freedom comparison by year

Bangladesh
Hungary
1x
Year Economic freedom index
Bangladesh Hungary
2026 54.8 62.5
2025 54.7 61.4
2024 54.4 61.2
2023 54.4 64.1
2022 52.7 66.9
2021 56.5 67.2
2020 56.4 66.4
2019 55.6 65
2018 55.1 66.7
2017 55 65.8
2016 53.3 66
2015 53.9 66.8
2014 54.1 67
2013 52.6 67.3
2012 53.2 67.1
2011 53 66.6
2010 51.1 66.1
2009 47.5 66.8
2008 44.2 67.6
2007 46.7 64.8
2006 52.9 65
2005 47.5 63.5
2004 50 62.7
2003 49.3 63
2002 51.9 64.5
2001 51.2 65.6
2000 48.9 64.4
1999 50 59.6
1998 52 56.9
1997 49.9 55.3
1996 51.1 56.8
1995 40.9 55.2

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Hungary
Services, % of GDP
52.1%
2025
60.1%
2025
Industry, % of GDP
34%
2025
23%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
2.65%
2025
GNI, Atlas method
$499B
2025
$227B
2025
GNI per capita, PPP
$10,710
2025
$48,630
2025
Total reserves including gold
$28.6B
2025
$59.1B
2025
Total reserves ranking
58/177
2025
42/177
2025
Net foreign direct investment
-$1.84B
2025
$9.1B
2025
Net inflows of foreign direct investment
$1.28B
2024
-$61.3B
2024
Net outflows of foreign direct investment
$34.1M
2024
-$76.3B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
12.1%
2021
Gross capital formation, % of GDP
28.5%
2025
22.2%
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/hungary | 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 (1927–2002, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2018–2025, 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.