Bangladesh vs Kuwait: Economic Indicators Comparison
Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Kuwait ranked 58th with $140.6B. By GDP 5-years average growth and GDP per capita, Bangladesh and Kuwait ranked 10th vs 163rd and 155th vs 30th, respectively.
Gross Domestic Product & Income
Stat | Bangladesh | Kuwait |
---|---|---|
GDP | $274B | $140.6B |
GDP growth, 1 year | 7.7% | 1.7% |
GDP growth, 5-years average | 7.1% | 0.5% |
Population | 164.7M | 4.6M |
GDP per capita | $1.7k | $34k |
GDP per capita growth | 6.74% | -0.74% |
Purchasing Power Parity conversion factor | 31.9 | 0.14 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.39 | 0.47 |
GDP per capita, PPP adjusted | $4.6k | $67k |
GNI, Atlas method | $282B | $141.9B |
GNI per capita | $1.8k | $34k |
GNI, PPP adjusted | $737.6B | $348.6B |
GNI per capita, PPP adjusted | $4.6k | $84k |
Financial system and Human development
Stat | Bangladesh | Kuwait |
---|---|---|
Income Tax Rate | 25% | 0% |
Corporate Tax Rate | 45% | 15% |
Inflation, consumer prices | 5.6% | 0.7% |
Inflation, GDP deflator | 5.6% | 14.6% |
Unemployment | 4.3% | 2.1% |
Economic Freedom Index | 56.4 | 63.2 |
Personal Freedom Index | 5.6 | 6.24 |
Human Freedom Index | 5.8 | 6.6 |
Property Rights Index | 41 | 57.1 |
Judical Effectiveness Index | 36.1 | 47 |
Business Freedom Index | 52.3 | 61.3 |
Fiscal Health Index | 76.8 | 99.6 |
Labor Freedom Index | 68.4 | 62.2 |
Investment Freedom Index | 45 | 55 |
Financial Freedom Index | 30 | 60 |
Trade Freedom Index | 63.6 | 76.4 |
Monetary Freedom Index | 70 | 73.2 |
Government Spending Index | 94.3 | 22.4 |
Tax Burden Index | 72.7 | 97.7 |
Government Integrity Index | 26.6 | 46 |
Corruption Perceptions Index | 26 | 41 |
Life expectancy at birth, years | 72.1 | 75.3 |
Suicide mortality rate, per 100,000 people | 5.9 | 2.3 |
Mortality caused by road traffic injury, per 100,000 people | 15.3 | 17.6 |
Intentional homicides, per 100,000 people | 2.2 | 1.8 |
International tourism, number of arrivals | 1M | 8.5M |
Government debt & reserves
Stat | Bangladesh | Kuwait |
---|---|---|
Central government debt, % of GDP | 34.8% | 14.8% |
External debt stocks, % of GNI | 18.2% | N/A |
External debt stocks | $52.1B | N/A |
Short-term debt, % of total reserves | 28.2% | N/A |
Total debt service, % of exports and primary income | 6.3% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 24.5% | 14.6% |
Gross savings, % of GDP | 33.3% | 43.2% |
Gross capital formation, % of GDP | 31.2% | 25.2% |
Total reserves including gold | $32B | $40.3B |
Foreign direct investment net inflows | $2.9B | -$21.4M |
Exports, imports and economic structure
Stat | Bangladesh | Kuwait |
---|---|---|
Exports of goods and services, % of GDP | 14.8% | 56.7% |
Imports of goods and services, % of GDP | 23.4% | 43.8% |
Current account balance (balance of payments) | -$7.6B | $24B |
Revenue excluding grants, % of GDP | 10.2% | 38.6% |
Grants excluding technical cooperation, BoP | $1.3B | $1.6M |
Personal remittances received | $15.6B | $27.7M |
Industry including construction value added, % of GDP | 28.5% | 59.6% |
Agriculture, forestry and fishing value added, % of GDP | 13.1% | 0.4% |
Charges for the use of intellectual property, payments BoP | $39.7M | N/A |
Charges for the use of intellectual property, receipts BoP | $444k | N/A |
Expense, % of GDP | 9.4% | 52% |
Government Expenditure, % of GDP | 13.7% | 50.9% |