Bangladesh vs India: Economic Indicators Comparison
India with a GDP of $2.7T ranked the 7th largest economy in the world, while Bangladesh ranked 44th with $274B. By GDP 5-years average growth and GDP per capita, India and Bangladesh ranked 6th vs 10th and 150th vs 155th, respectively.
Gross Domestic Product & Income
Stat | Bangladesh | India |
---|---|---|
GDP | $274B | $2.7T |
GDP growth, 1 year | 7.7% | 7.1% |
GDP growth, 5-years average | 7.1% | 7.6% |
Population | 164.7M | 1.3B |
GDP per capita | $1.7k | $2k |
GDP per capita growth | 6.74% | 5.71% |
Purchasing Power Parity conversion factor | 31.9 | 18.1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.39 | 0.26 |
GDP per capita, PPP adjusted | $4.6k | $7.9k |
GNI, Atlas method | $282B | $2.7T |
GNI per capita | $1.8k | $2k |
GNI, PPP adjusted | $737.6B | $10.4T |
GNI per capita, PPP adjusted | $4.6k | $7.7k |
Financial system and Human development
Stat | Bangladesh | India |
---|---|---|
Income Tax Rate | 25% | 30.9% |
Corporate Tax Rate | 45% | 32.4% |
Inflation, consumer prices | 5.6% | 3.5% |
Inflation, GDP deflator | 5.6% | 4.1% |
Unemployment | 4.3% | 2.6% |
Economic Freedom Index | 56.4 | 56.5 |
Personal Freedom Index | 5.6 | 6.96 |
Human Freedom Index | 5.8 | 6.8 |
Property Rights Index | 41 | 63 |
Judical Effectiveness Index | 36.1 | 64.1 |
Business Freedom Index | 52.3 | 65.6 |
Fiscal Health Index | 76.8 | 13.1 |
Labor Freedom Index | 68.4 | 41.2 |
Investment Freedom Index | 45 | 40 |
Financial Freedom Index | 30 | 40 |
Trade Freedom Index | 63.6 | 73.4 |
Monetary Freedom Index | 70 | 73 |
Government Spending Index | 94.3 | 77.9 |
Tax Burden Index | 72.7 | 79.4 |
Government Integrity Index | 26.6 | 47.2 |
Corruption Perceptions Index | 26 | 41 |
Life expectancy at birth, years | 72.1 | 69.2 |
Suicide mortality rate, per 100,000 people | 5.9 | 16.3 |
Mortality caused by road traffic injury, per 100,000 people | 15.3 | 22.6 |
Intentional homicides, per 100,000 people | 2.2 | 3.2 |
International tourism, number of arrivals | 1M | 17.4M |
Government debt & reserves
Stat | Bangladesh | India |
---|---|---|
Central government debt, % of GDP | 34.8% | 69.8% |
External debt stocks, % of GNI | 18.2% | 19.3% |
External debt stocks | $52.1B | $521.4B |
Short-term debt, % of total reserves | 28.2% | 26.1% |
Total debt service, % of exports and primary income | 6.3% | 11.4% |
Adjusted net savings including particulate emission damage, % of GNI | 24.5% | 16.3% |
Gross savings, % of GDP | 33.3% | 30.9% |
Gross capital formation, % of GDP | 31.2% | 31.3% |
Total reserves including gold | $32B | $399.2B |
Foreign direct investment net inflows | $2.9B | $42.1B |
Exports, imports and economic structure
Stat | Bangladesh | India |
---|---|---|
Exports of goods and services, % of GDP | 14.8% | 19.7% |
Imports of goods and services, % of GDP | 23.4% | 23.6% |
Current account balance (balance of payments) | -$7.6B | -$65.6B |
Revenue excluding grants, % of GDP | 10.2% | 12.9% |
Grants excluding technical cooperation, BoP | $1.3B | $689.4M |
Personal remittances received | $15.6B | $78.8B |
Industry including construction value added, % of GDP | 28.5% | 26.7% |
Agriculture, forestry and fishing value added, % of GDP | 13.1% | 14.6% |
Charges for the use of intellectual property, payments BoP | $39.7M | $7.9B |
Charges for the use of intellectual property, receipts BoP | $444k | $784.9M |
Expense, % of GDP | 9.4% | 14.9% |
Government Expenditure, % of GDP | 13.7% | 27.1% |