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Economy of Bangladesh vs Indonesia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $1.45T for Indonesia, ranking 38/197 and 17/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $593B (41% of GDP) in Indonesia.

Bangladesh vs Indonesia GDP by year

Bangladesh
Indonesia
1x
Year GDP, current $
Bangladesh Indonesia
2025 $456,319,229,256 $1,445,642,584,164
2024 $450,119,432,069 $1,396,301,788,462
2023 $437,415,333,018 $1,371,166,925,750
2022 $460,131,689,083 $1,319,101,183,380
2021 $416,271,647,911 $1,186,509,691,087
2020 $373,979,442,362 $1,059,054,842,698
2019 $351,231,654,604 $1,119,099,871,350
2018 $321,362,752,442 $1,042,271,532,989
2017 $293,732,446,625 $1,015,618,744,160
2016 $265,224,515,675 $931,877,364,038
2015 $195,146,608,978 $860,854,232,686
2014 $172,886,611,654 $890,814,755,534
2013 $149,998,957,434 $912,524,136,718
2012 $133,310,747,603 $917,869,913,333
2011 $128,607,482,310 $892,969,104,563
2010 $115,275,540,051 $755,094,157,622
2009 $102,475,158,191 $539,580,085,612
2008 $91,636,997,371 $510,228,634,992
2007 $79,611,644,975 $432,216,737,775
2006 $71,795,736,172 $364,570,515,618
2005 $69,476,001,239 $285,868,619,196
2004 $65,108,544,250 $256,836,875,295
2003 $60,158,929,188 $234,772,463,824
2002 $54,724,081,491 $195,660,611,165
2001 $53,991,289,844 $160,446,947,785
2000 $53,369,787,319 $165,021,012,078
1999 $51,270,569,884 $140,001,351,215
1998 $49,984,559,471 $95,445,547,873
1997 $48,244,309,133 $215,748,998,610
1996 $46,438,484,108 $227,369,679,375
1995 $37,939,748,769 $202,132,028,723
1994 $33,768,660,883 $176,892,143,932
1993 $33,166,519,418 $158,006,700,302
1992 $31,708,874,594 $128,026,966,580
1991 $30,957,483,950 $116,621,996,217
1990 $31,598,340,778 $106,140,727,334
1989 $28,781,715,189 $94,451,427,877
1988 $26,579,005,558 $84,300,174,486
1987 $24,298,032,258 $75,929,617,558
1986 $21,774,033,333 $79,954,072,545
1985 $22,278,423,077 $85,289,488,375
1984 $18,920,840,000 $84,853,700,028
1983 $17,609,048,822 $81,052,283,384
1982 $18,525,399,202 $90,158,449,295
1981 $20,249,694,002 $85,518,233,419
1980 $18,138,049,096 $72,482,337,397
1979 $15,565,480,322 $51,400,186,343
1978 $13,281,767,143 $51,455,719,076
1977 $9,651,149,302 $45,808,915,663
1976 $10,117,113,333 $37,269,156,627
1975 $19,448,348,073 $30,463,855,422
1974 $12,512,460,520 $25,802,409,639
1973 $8,086,725,729 $16,273,253,012
1972 $6,288,245,867 $10,997,590,361
1971 $8,751,843,188 $9,333,536,370
1970 $8,992,722,167 $9,150,684,932
1969 $8,471,006,438 $8,337,423,313
1968 $7,483,685,771 $7,076,465,300
1967 $7,253,575,688 $5,667,756,628
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/indonesia | CC BY

GDP per capita in Bangladesh vs Indonesia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $5,060 -
2024 $2,593 $9,647 $4,925 $16,448
2023 $2,551 $9,148 $4,876 $15,416
2022 $2,716 $8,451 $4,731 $14,285
2021 $2,483 $7,441 $4,287 $12,757
2020 $2,249 $6,641 $3,854 $11,729
2019 $2,130 $6,047 $4,107 $11,986
2018 $1,965 $5,490 $3,861 $11,372
2017 $1,811 $4,883 $3,799 $10,688
2016 $1,649 $4,579 $3,521 $10,263
2015 $1,224 $4,212 $3,288 $10,028
2014 $1,094 $3,973 $3,441 $10,065
2013 $958 $3,691 $3,567 $9,866
2012 $860 $3,434 $3,632 $9,530
2011 $837 $3,051 $3,579 $8,937
2010 $757 $2,834 $3,066 $8,353
2009 $679 $2,675 $2,218 $7,868
2008 $613 $2,555 $2,125 $7,569
2007 $538 $2,388 $1,823 $7,096
2006 $490 $2,195 $1,558 $6,583
2005 $480 $2,020 $1,238 $6,134
2004 $456 $1,862 $1,127 $5,700
2003 $427 $1,746 $1,043 $5,353
2002 $394 $1,659 $881 $5,076
2001 $395 $1,598 $732 $4,849
2000 $397 $1,512 $764 $4,639
1999 $388 $1,430 $657 $4,386
1998 $386 $1,373 $455 $4,356
1997 $379 $1,315 $1,045 $5,037
1996 $372 $1,261 $1,119 $4,807
1995 $309 $1,206 $1,011 $4,451
1994 $280.6 $1,145 $900 $4,096
1993 $280.8 $1,099 $817 $3,793
1992 $273.5 $1,045 $674 $3,538
1991 $272.1 $987 $624 $3,305
1990 $283.1 $941 $578 $3,044
1989 $263 - $524 -
1988 $247.9 - $477 -
1987 $231.5 - $438 -
1986 $212.1 - $470 -
1985 $222.2 - $511 -
1984 $193.4 - $520 -
1983 $184.7 - $508 -
1982 $199.6 - $578 -
1981 $224.2 - $561 -
1980 $206.1 - $487 -
1979 $181.1 - $353 -
1978 $158.3 - $362 -
1977 $117.9 - $331 -
1976 $126.7 - $275.7 -
1975 $249.8 - $231.1 -
1974 $165 - $200.7 -
1973 $109.7 - $129.9 -
1972 $87.8 - $90.1 -
1971 $124.5 - $78.5 -
1970 $130.2 - $79.1 -
1969 $125.9 - $74.1 -
1968 $114.4 - $64.7 -
1967 $114.2 - $53.2 -
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/indonesia | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $5,060 in Indonesia, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Indonesia ranks 107th at $16,448.

Economic indicators

Bangladesh Indonesia
Gross domestic product
$456B
2025
$1.45T
2025
GDP rank
38/197
2025
17/197
2025
GDP growth
3.49%
2024-2025
5.11%
2024-2025
GDP per capita
$2,597
2025
$5,060
2025
GDP per capita rank
151/197
2025
123/197
2025
GDP per capita, PPP
$9,647
2024
$16,448
2024
GDP per capita PPP rank
135/197
2024
107/197
2024
Government debt
$192B
2025
$593B
2025
Debt-to-GDP ratio
42%
2025
41%
2025
Government debt per person
$1,092
2025
$2,076
2025
Government debt per person rank
143/185
2025
119/185
2025
Average annual personal income after taxes
$2,829
2026
$3,470
2026
Market capitalization of domestic companies
$26.2B
2025
$950B
2025
Number of millionaires n/a
178,605
2024
Number of billionaires n/a
33
2026
Income share by richest 10%
25.5%
2022
28.7%
2025
Income share by poorest 10%
3.7%
2022
3.5%
2025
Government expenditure, % of GDP
10.9%
2025
16.2%
2025
Consumer prices inflation
10%
2024-2025
1.91%
2024-2025
Central bank interest rate
10%
2024
5.5%
2026
Unemployment rate
3.64%
2024
3.31%
2023
Population
178936470
289027659

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Bangladesh Indonesia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 16.2% 41%
2024 12% 41% 16.9% 40.2%
2023 12.6% 39.7% 16.6% 39.6%
2022 13% 37.9% 17.3% 40.1%
2021 12.9% 35.6% 18.1% 41.1%
2020 13.3% 34.5% 18.4% 39.7%
2019 13.6% 32% 16.4% 30.6%
2018 13% 29.6% 16.6% 30.4%
2017 12.2% 28.3% 16.4% 29.4%
2016 11.6% 27.7% 16.9% 28%
2015 11.5% 28.2% 17.6% 27%
2014 11.7% 28.7% 18.4% 24.6%
2013 12.1% 28.3% 18.8% 24.9%
2012 11.7% 29.1% 18.8% 23%
2011 11.5% 29.4% 17.7% 23.1%
2010 10.6% 29.6% 16.9% 26.4%
2009 10.6% 33% 17% 26.5%
2008 11.5% 33.9% 19.4% 30.3%
2007 9.63% 35% 18.7% 38.1%
2006 10.1% 35.3% 18.4% 35.8%
2005 10.3% 35.6% 17.4% 42.6%
2004 9.88% 36.6% 17.8% 51.3%
2003 10.2% 37% 18.2% 55.6%
2002 10.4% 38.9% 16.9% 62.3%
2001 10.7% 37.1% 19.5% 73.7%
2000 9.76% 31.2% 15.3% 87.4%
1999 8.66% 32.7% 15.1% 95.9%
1998 9.82% 31.1% 15.1% 72.5%
1997 9.89% 29.1% 15.2% 26.4%
1996 9.79% 31% 11.5% 27.5%
1995 10.5% 32.9% 11.9% 32%
1994 10% 35.5% 13.5% 37%
1993 9.74% 34.1% 14.1% 40.4%
1992 8.8% 33.1% 16.8% 42.6%
1991 8.86% 31.8% 15% 39.2%
1990 9.14% 31.5% 15.8% 40.8%
1989 - - 16.5% 42.5%
1988 - - 17.3% 45.6%
1987 - - 18% 49.7%
1986 - - 20.9% 38.3%
1985 - - 18.5% 28%
1984 - - 16.1% 23.5%
1983 - - 18.2% 23.1%
1982 - - 18.8% 18.6%
1981 - - 24.4% 16.4%
1980 - - 22.1% 17.3%
1979 - - 20.9% 22%
1978 - - 20.1% 30.3%
1977 - - 19.5% 27.7%
1976 - - 21.8% 38.1%
1975 - - 20.5% 36.7%
1974 - - 17.3% 34.4%
1973 - - 16.3% 43.1%
1972 - - 15.7% 51.2%
1971 - - 14.5% 50.5%
1970 - - 13.8% 46.7%
1969 - - 12.8% -
1968 - - 8.82% -
1967 - - 10.4% -
1966 - - 9.18% -
1965 - - 10.7% -
1964 - - 9.55% -
1963 - - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 - - 14.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2002, retrieved 2026-07-08).

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

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Indonesia spent $234B, or 16.2% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 41% in Indonesia, ranking 124/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Indonesia
1x
Year Deficit/surplus, % of GDP
Bangladesh Indonesia
2025 -2.93% -2.92%
2024 -3.7% -2.28%
2023 -4.39% -1.64%
2022 -4.53% -2.31%
2021 -3.56% -4.4%
2020 -4.84% -6.07%
2019 -5.41% -2.09%
2018 -4.07% -1.69%
2017 -4.17% -2.26%
2016 -3.16% -2.56%
2015 -3.29% -2.72%
2014 -2.62% -1.8%
2013 -2.86% -1.96%
2012 -2.56% -1.59%
2011 -2.96% -0.7%
2010 -2.23% -1.24%
2009 -2.68% -1.64%
2008 -3.36% 0.05%
2007 -1.86% -0.95%
2006 -2.15% 0.45%
2005 -2.4% 0.46%
2004 -2.21% -0.26%
2003 -1.96% -1.08%
2002 -2.3% -0.58%
2001 -3.44% -1.76%
2000 -2.5% -1.87%
1999 -1.35% -0.96%
1998 -2.2% -1.89%
1997 -1.94% -1.03%
1996 -2.01% 0.96%
1995 -0.38% 0.64%
1994 0.03% 0.005%
1993 0.43% -0.59%
1992 0.36% -1.54%
1991 0.44% 0.51%
1990 -0.15% 0.97%
1989 - -1.72%
1988 - -2.68%
1987 - -0.9%
1986 - -2.94%
1985 - -0.45%
1984 - 1.83%
1983 - -1%
1982 - -1.11%
1981 - -0.69%
1980 - -0.82%
1979 - -0.67%
1978 - -2.03%
1977 - -0.38%
1976 - -2.63%
1975 - -2.33%
1974 - -0.35%
1973 - -1.33%
1972 - -1.82%
1971 - -2.51%
1970 - -3.02%
1969 - -2.8%
1968 - 0%
1967 - -0.35%
1966 - -5.06%
1965 - -6.62%
1964 - -5.58%
1963 - -5.24%
1962 - -3.1%
1961 - -4.57%
1960 - -1.65%
1959 - -4.06%
1958 - -6.67%
1957 - -2.92%
1956 - -1.38%
1955 - -1.6%
1954 - -3.16%
1953 - -2.33%
1952 - -3.66%
1951 - 1.52%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/indonesia | 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 Indonesia's deficit of $42.2B, or 2.92% of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 of those years, while Indonesia ran a deficit in 28 years. On average, Bangladesh posted an annual deficit equal to 2.47% of GDP, compared to deficit of 1.34% of GDP for Indonesia.

Inflation comparison by year

Inflation
Bangladesh

Indonesia
1x
Year Consumer prices inflation
Bangladesh Indonesia
2025 10% 1.91%
2024 9.7% 2.18%
2023 9% 3.67%
2022 6.1% 4.21%
2021 5.6% 1.56%
2020 5.6% 1.92%
2019 5.5% 3.03%
2018 5.8% 3.2%
2017 5.4% 3.81%
2016 5.9% 3.53%
2015 6.4% 6.36%
2014 7.3% 6.39%
2013 6.8% 6.41%
2012 8.9% 4.28%
2011 8.8% 5.36%
2010 7.3% 5.13%
2009 6.7% 4.39%
2008 9.9% 10.2%
2007 7.2% 6.41%
2006 7.2% 13.1%
2005 6.5% 10.5%
2004 8.1% 6.06%
2003 3.9% 6.76%
2002 2.4% 11.9%
2001 1.8% 11.5%
2000 3.6% 3.69%
1999 8.9% 20.5%
1998 6.7% 58.5%
1997 2.7% 6.23%

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/indonesia | CC BY

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 8.02% in Indonesia. In 2025, inflation was 10% in Bangladesh and 1.91% in Indonesia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $53.5M
Machinery & equipment $2.28M
Metals $1.85M
Raw materials & minerals $1.33M
Chemicals & pharma $1.3M
Animal & marine products $874K
Processed food, beverages & tobacco $360K
Miscellaneous $156K
Raw agricultural goods $130K
Wood & paper products $84K
Indonesia
Export category Export value
Processed food, beverages & tobacco $1.61B
Raw materials & minerals $1.54B
Textiles & consumer goods $219M
Wood & paper products $192M
Raw agricultural goods $152M
Chemicals & pharma $126M
Machinery & equipment $38.5M
Metals $28.1M
Miscellaneous $25.7M
Animal & marine products $8.54M

Balance of trade

Bangladesh Indonesia
Current account balance
-$239M
2025
-$1.52B
2025
Current account balance ranking
93/190
2025
129/190
2025
Current account balance, % of GDP
-0.05%
2025
-0.11%
2025
Goods imports
$66B
2025
$231B
2025
Goods exports
$43.8B
2025
$280B
2025
Service imports
$14.7B
2025
$63B
2025
Service exports
$8.42B
2025
$42.5B
2025
Imports of goods and services, % of GDP
16.8%
2025
20.5%
2025
Exports of goods and services, % of GDP
11.1%
2025
22.8%
2025

Economic freedom indices

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

Bangladesh Indonesia
Economic freedom 54.8 65.1
Economic freedom ranking 131/197 67/197
Property rights 32.1 39.7
Government integrity 22.7 42
Judicial effectiveness 36.7 43.1
Tax burden 79.9 81.5
Government spending 95.3 91.4
Fiscal health 68.4 89.8
Business freedom 52.7 69.2
Labor freedom 50.5 56.8
Monetary freedom 65.8 79.4
Trade freedom 63 78.6
Investment freedom 50 50
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Indonesia
1x
Year Economic freedom index
Bangladesh Indonesia
2026 54.8 65.1
2025 54.7 65.2
2024 54.4 63.5
2023 54.4 63.5
2022 52.7 64.4
2021 56.5 66.9
2020 56.4 67.2
2019 55.6 65.8
2018 55.1 64.2
2017 55 61.9
2016 53.3 59.4
2015 53.9 58.1
2014 54.1 58.5
2013 52.6 56.9
2012 53.2 56.4
2011 53 56
2010 51.1 55.5
2009 47.5 53.4
2008 44.2 53.2
2007 46.7 53.2
2006 52.9 51.9
2005 47.5 52.9
2004 50 52.1
2003 49.3 55.8
2002 51.9 54.8
2001 51.2 52.5
2000 48.9 55.2
1999 50 61.5
1998 52 63.4
1997 49.9 62
1996 51.1 61
1995 40.9 54.9

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Indonesia
Services, % of GDP
52.1%
2025
43.9%
2025
Industry, % of GDP
34%
2025
38.7%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
13.1%
2025
GNI, Atlas method
$499B
2025
$1.46T
2025
GNI per capita, PPP
$10,710
2025
$17,190
2025
Total reserves including gold
$28.6B
2025
$157B
2025
Total reserves ranking
58/177
2025
22/177
2025
Net foreign direct investment
-$1.84B
2025
-$14.4B
2025
Net inflows of foreign direct investment
$1.28B
2024
$24.3B
2024
Net outflows of foreign direct investment
$34.1M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
5.64%
2024
Poverty at national poverty lines
18.7%
2022
9%
2024
Gross capital formation, % of GDP
28.5%
2025
30.6%
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/indonesia | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1951–2002, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, 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.