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Economy of Bangladesh vs Lebanon compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $20.1B for Lebanon, ranking 36/197 and 128/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Bangladesh vs Lebanon GDP by year

Bangladesh
Lebanon
1x
Year GDP, current $
Bangladesh Lebanon
2024 $450,119,432,069 -
2023 $437,415,333,018 $20,078,620,357
2022 $460,131,689,083 $20,992,421,949
2021 $416,271,647,911 $23,131,941,557
2020 $373,979,442,362 $31,712,128,254
2019 $351,231,654,604 $51,605,959,131
2018 $321,362,752,442 $54,901,519,156
2017 $293,732,446,625 $53,027,680,686
2016 $265,224,515,675 $51,147,308,774
2015 $195,146,608,978 $49,929,337,837
2014 $172,886,611,654 $48,095,213,747
2013 $149,998,957,434 $46,880,103,081
2012 $133,310,747,603 $44,016,799,516
2011 $128,607,482,310 $39,927,125,962
2010 $115,275,540,051 $38,443,907,042
2009 $102,475,158,191 $35,399,582,929
2008 $91,636,997,371 $29,118,916,105
2007 $79,611,644,975 $24,827,355,015
2006 $71,795,736,172 $22,022,709,851
2005 $69,476,001,239 $21,497,336,499
2004 $65,108,544,250 $21,159,827,992
2003 $60,158,929,188 $20,082,918,740
2002 $54,724,081,491 $19,152,238,806
2001 $53,991,289,844 $17,649,751,244
2000 $53,369,787,319 $17,260,364,842
1999 $51,270,569,884 $17,391,056,369
1998 $49,984,559,471 $17,247,179,006
1997 $48,244,309,133 $15,751,867,489
1996 $46,438,484,108 $13,690,217,334
1995 $37,939,748,769 $11,718,795,529
1994 $33,768,660,883 $9,599,127,050
1993 $33,166,519,418 $7,941,744,492
1992 $31,708,874,594 $5,843,579,161
1991 $30,957,483,950 $4,690,415,093
1990 $31,598,340,778 $2,838,485,354
1989 $28,781,715,189 $2,717,998,688
1988 $26,579,005,558 $3,313,540,068
1987 $24,298,032,258 -
1986 $21,774,033,333 -
1985 $22,278,423,077 -
1984 $18,920,840,000 -
1983 $17,609,048,822 -
1982 $18,525,399,202 -
1981 $20,249,694,002 -
1980 $18,138,049,096 -
1979 $15,565,480,322 -
1978 $13,281,767,143 -
1977 $9,651,149,302 -
1976 $10,117,113,333 -
1975 $19,448,348,073 -
1974 $12,512,460,520 -
1973 $8,086,725,729 -
1972 $6,288,245,867 -
1971 $8,751,843,188 -
1970 $8,992,722,167 -
1969 $8,471,006,438 -
1968 $7,483,685,771 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Lebanon by year

Bangladesh
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 - -
2023 $2,551 $9,148 $3,478 $12,575
2022 $2,716 $8,451 $3,654 $12,293
2021 $2,483 $7,441 $4,045 $11,600
2020 $2,249 $6,641 $5,561 $16,260
2019 $2,130 $6,047 $8,906 $21,710
2018 $1,965 $5,490 $9,175 $21,985
2017 $1,811 $4,883 $8,608 $20,964
2016 $1,649 $4,579 $8,089 $18,941
2015 $1,224 $4,212 $7,714 $17,046
2014 $1,094 $3,973 $7,578 $16,140
2013 $958 $3,691 $8,162 $16,316
2012 $860 $3,434 $8,407 $16,121
2011 $837 $3,051 $7,835 $14,975
2010 $757 $2,834 $7,626 $14,704
2009 $679 $2,675 $7,091 $13,586
2008 $613 $2,555 $5,912 $12,416
2007 $538 $2,388 $5,125 $11,356
2006 $490 $2,195 $4,635 $10,312
2005 $480 $2,020 $4,602 $10,020
2004 $456 $1,862 $4,601 $9,609
2003 $427 $1,746 $4,438 $8,914
2002 $394 $1,659 $4,291 $8,586
2001 $395 $1,598 $4,010 $8,289
2000 $397 $1,512 $3,987 $7,938
1999 $388 $1,430 $4,087 $7,793
1998 $386 $1,373 $4,125 $7,861
1997 $379 $1,315 $3,834 $7,632
1996 $372 $1,261 $3,393 $7,560
1995 $309 $1,206 $2,959 $6,796
1994 $280.6 $1,145 $2,468 $6,367
1993 $280.8 $1,099 $2,079 $5,871
1992 $273.5 $1,045 $1,559 $5,279
1991 $272.1 $987 $1,278 $4,527
1990 $283.1 $941 $790 $2,990
1989 $263 - $771 -
1988 $247.9 - $959 -
1987 $231.5 - - -
1986 $212.1 - - -
1985 $222.2 - - -
1984 $193.4 - - -
1983 $184.7 - - -
1982 $199.6 - - -
1981 $224.2 - - -
1980 $206.1 - - -
1979 $181.1 - - -
1978 $158.3 - - -
1977 $117.9 - - -
1976 $126.7 - - -
1975 $249.8 - - -
1974 $165 - - -
1973 $109.7 - - -
1972 $87.8 - - -
1971 $124.5 - - -
1970 $130.2 - - -
1969 $125.9 - - -
1968 $114.4 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Lebanon ranks 123rd at $12,575.

Economic indicators

Bangladesh Lebanon
Gross domestic product
$450B
2024
$20.1B
2023
GDP rank
36/197
2024
128/197
2023
GDP growth
4.22%
2023-2024
-0.76%
2022-2023
GDP per capita
$2,593
2024
$3,478
2023
GDP per capita rank
146/197
2024
135/197
2023
GDP per capita, PPP
$9,647
2024
$12,575
2023
GDP per capita PPP rank
135/197
2024
123/197
2023
Government debt
$184B
2024
$38.7B
2023
Debt-to-GDP ratio
41%
2024
163.8%
2024
Government debt per person
$1,063
2024
$6,704
2023
Government debt per person rank
139/185
2024
70/185
2023
Average annual personal income after taxes
$2,222
2026
$3,560
2026
Market capitalization of domestic companies
$87.9B
2024
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
25.5%
2022
25.1%
2022
Income share by poorest 10%
3.7%
2022
2.8%
2022
Government expenditure, % of GDP
12%
2024
16.5%
2024
Consumer prices inflation
9.7%
2023-2024
45.2%
2023-2024
Central bank interest rate
10%
2024
20%
2023
Unemployment rate
3.64%
2024
11.3%
2019
Population
178415186
5906622

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Bangladesh Lebanon
Government spending Government debt Government spending Government debt
2024 12% 41% 16.5% 163.8%
2023 12.6% 39.7% 14.9% 192.8%
2022 13% 37.9% 13.4% 244.6%
2021 12.9% 35.6% 10.9% 358%
2020 13.3% 34.5% 23.2% 148.7%
2019 13.6% 32% 31.3% 172.1%
2018 13% 29.6% 32.3% 155.1%
2017 12.2% 28.3% 30.6% 150%
2016 11.6% 27.7% 28.3% 146.4%
2015 11.5% 28.2% 26.7% 140.8%
2014 11.7% 28.7% 28.8% 138.4%
2013 12.1% 28.3% 28.9% 135.4%
2012 11.7% 29.1% 30.2% 131.1%
2011 11.5% 29.4% 28.8% 134.4%
2010 10.6% 29.6% 29.2% 136.8%
2009 10.6% 33% 32.1% 144.5%
2008 11.5% 33.9% 34.3% 161.5%
2007 9.63% 35% 35.2% 169.3%
2006 10.1% 35.3% 36.1% 183.3%
2005 10.3% 35.6% 31.4% 178.9%
2004 9.88% 36.6% 33.3% 169.5%
2003 10.2% 37% 36.4% 171.3%
2002 10.4% 38.9% 36.8% 163.1%
2001 10.7% 37.1% 38.9% 163.1%
2000 9.76% 31.2% 42.8% 148.1%
1999 8.66% 32.7% 35.6% 130.2%
1998 9.82% 31.1% 34.7% 108.2%
1997 9.89% 29.1% 40.5% 100.2%
1996 9.79% 31% 43.6% 101.2%
1995 10.5% 32.9% 31.1% 79.6%
1994 10% 35.5% 47.3% 71.5%
1993 9.74% 34.1% 23% 50.5%
1992 8.8% 33.1% 36.1% 51.7%
1991 8.86% 31.8% 35.6% 67.1%
1990 9.14% 31.5% 40% 99.7%

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

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 163.8% in Lebanon, ranking 131/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Lebanon
1x
Year Deficit/surplus, % of GDP
Bangladesh Lebanon
2024 -3.69% -0.19%
2023 -4.39% -1.7%
2022 -4.53% -7.77%
2021 -3.56% -2.67%
2020 -4.84% -7.37%
2019 -5.41% -10.5%
2018 -4.07% -11.3%
2017 -4.17% -8.65%
2016 -3.16% -8.88%
2015 -3.29% -7.48%
2014 -2.62% -6.22%
2013 -2.86% -8.82%
2012 -2.56% -8.43%
2011 -2.96% -5.94%
2010 -2.23% -7.47%
2009 -2.68% -8.1%
2008 -3.36% -9.86%
2007 -1.86% -10.9%
2006 -2.15% -10.6%
2005 -2.4% -8.57%
2004 -2.21% -9.83%
2003 -1.96% -14%
2002 -2.3% -16.2%
2001 -3.44% -21%
2000 -2.5% -23.9%
1999 -1.35% -16.7%
1998 -2.2% -17.3%
1997 -1.94% -24.5%
1996 -2.01% -25.7%
1995 -0.38% -13.6%
1994 0.03% -29.1%
1993 0.43% -7.19%
1992 0.36% -24%
1991 0.44% -19.5%
1990 -0.15% -30.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2023, Bangladesh's government deficit, the difference between spending and revenue, was $19.2B, equivalent to 4.39% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 34 years, Bangladesh recorded a fiscal deficit in 30 of those years, while Lebanon ran a deficit in 34 years. On average, Bangladesh posted an annual deficit equal to 2.42% of GDP, compared to deficit of 13.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Bangladesh

Lebanon
1x
Year Consumer prices inflation
Bangladesh Lebanon
2024 9.7% 45.2%
2023 9% 221.3%
2022 6.1% 171.2%
2021 5.6% 154.8%
2020 5.6% 84.9%
2019 5.5% 2.9%
2018 5.8% 6.1%
2017 5.4% 4.5%
2016 5.9% -0.8%
2015 6.4% -3.8%
2014 7.3% 1.1%
2013 6.8% 5.6%
2012 8.9% 6.6%
2011 8.8% 5%
2010 7.3% 4%
2009 6.7% 1.2%
2008 9.9% 10.7%
2007 7.2% 4.1%
2006 7.2% 4.1%
2005 6.5% -1.4%
2004 8.1% 1.7%
2003 3.9% 1.3%
2002 2.4% 1.8%
2001 1.8% -0.4%
2000 3.6% -0.4%
1999 8.9% 0.2%
1998 6.7% 4.5%
1997 2.7% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 26.6% in Lebanon. In 2024, inflation was 9.7% in Bangladesh and 45.2% in Lebanon.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $10.1M
Machinery & equipment $626K
Raw agricultural goods $461K
Processed food, beverages & tobacco $303K
Animal & marine products $132K
Chemicals & pharma $79K
Wood & paper products $10K
Miscellaneous $8K
Raw materials & minerals $7K
Metals $1K
Lebanon
Export category Export value
Raw materials & minerals $57M
Machinery & equipment $381K
Metals $157K
Processed food, beverages & tobacco $45K
Raw agricultural goods $19K
Wood & paper products $10K
Miscellaneous $6K
Chemicals & pharma $2K
Textiles & consumer goods $2K

Balance of trade

Bangladesh Lebanon
Current account balance
$1.43B
2024
-$5.64B
2023
Current account balance ranking
52/190
2024
168/190
2023
Current account balance, % of GDP
+0.32%
2024
-28.1%
2023
Goods imports
$63.8B
2024
$16.7B
2023
Goods exports
$47.3B
2024
$3.85B
2023
Service imports
$12.3B
2024
$6.63B
2023
Service exports
$7.47B
2024
$7.92B
2023
Imports of goods and services, % of GDP
16.3%
2024
73.7%
2023
Exports of goods and services, % of GDP
10.5%
2024
30.6%
2023

Economic freedom indices

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

Bangladesh Lebanon
Economic freedom 54.8 43.1
Economic freedom ranking 131/197 183/197
Property rights 32.1 21.8
Government integrity 22.7 23.4
Judicial effectiveness 36.7 23.8
Tax burden 79.9 90.3
Government spending 95.3 93.3
Fiscal health 68.4 63.4
Business freedom 52.7 47.6
Labor freedom 50.5 48.4
Monetary freedom 65.8 0
Trade freedom 63 65.6
Investment freedom 50 20
Financial freedom 40 20

Economic freedom comparison by year

Bangladesh
Lebanon
1x
Year Economic freedom index
Bangladesh Lebanon
2026 54.8 43.1
2025 54.7 44.1
2024 54.4 48.3
2023 54.4 45.6
2022 52.7 47.3
2021 56.5 51.4
2020 56.4 51.7
2019 55.6 51.1
2018 55.1 53.2
2017 55 53.3
2016 53.3 59.5
2015 53.9 59.3
2014 54.1 59.4
2013 52.6 59.5
2012 53.2 60.1
2011 53 60.1
2010 51.1 59.5
2009 47.5 58.1
2008 44.2 60
2007 46.7 60.4
2006 52.9 57.5
2005 47.5 57.2
2004 50 56.9
2003 49.3 56.7
2002 51.9 57.1
2001 51.2 61
2000 48.9 56.1
1999 50 59.1
1998 52 59
1997 49.9 63.9
1996 51.1 63.2
1995 40.9 -

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Lebanon
Services, % of GDP
51.4%
2024
42.4%
2023
Industry, % of GDP
34.1%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
0.97%
2023
GNI, Atlas method
$490B
2024
$21.4B
2023
GNI per capita, PPP
$10,060
2024
$12,420
2023
Total reserves including gold
$21.4B
2024
$33.3B
2024
Total reserves ranking
61/177
2024
54/177
2024
Net foreign direct investment
-$1.49B
2024
-$583M
2023
Net inflows of foreign direct investment
$1.31B
2024
$1.84B
2024
Net outflows of foreign direct investment
$34.1M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
22%
2023
Poverty at national poverty lines
18.7%
2022
27.4%
2012
Gross capital formation, % of GDP
30.7%
2024
1.9%
2023

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/lebanon | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20)
  6. TradeMap (2015–2023, 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.