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Economy of Bangladesh vs Montenegro compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $9.23B for Montenegro, ranking 38/197 and 155/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $6.19B (67.1% of GDP) in Montenegro.

Bangladesh vs Montenegro GDP by year

Bangladesh
Montenegro
1x
Year GDP, current $
Bangladesh Montenegro
2025 $456,319,229,256 $9,232,801,465
2024 $450,119,432,069 $8,274,290,506
2023 $437,415,333,018 $7,643,318,276
2022 $460,131,689,083 $6,259,721,790
2021 $416,271,647,911 $5,822,908,964
2020 $373,979,442,362 $4,734,192,593
2019 $351,231,654,604 $5,483,622,632
2018 $321,362,752,442 $5,433,469,311
2017 $293,732,446,625 $4,803,964,684
2016 $265,224,515,675 $4,357,467,226
2015 $195,146,608,978 $4,010,884,107
2014 $172,886,611,654 $4,579,635,404
2013 $149,998,957,434 $4,422,097,042
2012 $133,310,747,603 $4,071,828,832
2011 $128,607,482,310 $4,507,127,585
2010 $115,275,540,051 $4,136,936,244
2009 $102,475,158,191 $4,159,063,347
2008 $91,636,997,371 $4,559,410,049
2007 $79,611,644,975 $3,682,586,459
2006 $71,795,736,172 $2,719,979,875
2005 $69,476,001,239 $2,258,016,380
2004 $65,108,544,250 $2,077,046,942
2003 $60,158,929,188 $1,708,196,981
2002 $54,724,081,491 $1,286,314,054
2001 $53,991,289,844 $1,159,869,246
2000 $53,369,787,319 $984,293,044
1999 $51,270,569,884 $828,950,327
1998 $49,984,559,471 $854,261,161
1997 $48,244,309,133 $838,288,806
1996 $46,438,484,108 -
1995 $37,939,748,769 -
1994 $33,768,660,883 -
1993 $33,166,519,418 -
1992 $31,708,874,594 -
1991 $30,957,483,950 -
1990 $31,598,340,778 -
1989 $28,781,715,189 -
1988 $26,579,005,558 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bangladesh vs Montenegro by year

Bangladesh
GDP per capita

GDP per capita, PPP
Montenegro
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Montenegro
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $14,817 -
2024 $2,593 $9,647 $13,270 $34,063
2023 $2,551 $9,148 $12,258 $31,863
2022 $2,716 $8,451 $10,038 $28,050
2021 $2,483 $7,441 $9,316 $23,690
2020 $2,249 $6,641 $7,555 $20,625
2019 $2,130 $6,047 $8,749 $23,706
2018 $1,965 $5,490 $8,674 $21,084
2017 $1,811 $4,883 $7,674 $19,357
2016 $1,649 $4,579 $6,968 $18,030
2015 $1,224 $4,212 $6,421 $16,092
2014 $1,094 $3,973 $7,342 $15,276
2013 $958 $3,691 $7,103 $14,692
2012 $860 $3,434 $6,552 $13,793
2011 $837 $3,051 $7,266 $14,347
2010 $757 $2,834 $6,679 $13,612
2009 $679 $2,675 $6,727 $12,976
2008 $613 $2,555 $7,390 $13,802
2007 $538 $2,388 $5,979 $12,452
2006 $490 $2,195 $4,423 $10,440
2005 $480 $2,020 $3,676 $8,314
2004 $456 $1,862 $3,386 $7,841
2003 $427 $1,746 $2,790 $7,340
2002 $394 $1,659 $2,109 $7,100
2001 $395 $1,598 $1,910 $6,772
2000 $397 $1,512 $1,627 $6,004
1999 $388 $1,430 $1,368 $5,684
1998 $386 $1,373 $1,406 $6,170
1997 $379 $1,315 $1,375 $5,798
1996 $372 $1,261 - -
1995 $309 $1,206 - -
1994 $280.6 $1,145 - -
1993 $280.8 $1,099 - -
1992 $273.5 $1,045 - -
1991 $272.1 $987 - -
1990 $283.1 $941 - -
1989 $263 - - -
1988 $247.9 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $14,817 in Montenegro, ranking 71/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Montenegro ranks 65th at $34,063.

Economic indicators

Bangladesh Montenegro
Gross domestic product
$456B
2025
$9.23B
2025
GDP rank
38/197
2025
155/197
2025
GDP growth
3.49%
2024-2025
2.74%
2024-2025
GDP per capita
$2,597
2025
$14,817
2025
GDP per capita rank
151/197
2025
71/197
2025
GDP per capita, PPP
$9,647
2024
$34,063
2024
GDP per capita PPP rank
135/197
2024
65/197
2024
Government debt
$192B
2025
$6.19B
2025
Debt-to-GDP ratio
42%
2025
67.1%
2025
Government debt per person
$1,092
2025
$9,942
2025
Government debt per person rank
143/185
2025
61/185
2025
Average annual personal income after taxes
$2,829
2026
$12,768
2026
Market capitalization of domestic companies
$26.2B
2025
$3.79B
2012
Income share by richest 10%
25.5%
2022
24.7%
2021
Income share by poorest 10%
3.7%
2022
2.1%
2021
Government expenditure, % of GDP
10.9%
2025
43.9%
2025
Consumer prices inflation
10%
2024-2025
3.9%
2024-2025
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
11.5%
2024
Population
178936470
613759

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Montenegro
Spending

Debt
1x
Year % of GDP
Bangladesh Montenegro
Government spending Government debt Government spending Government debt
2025 10.9% 42% 43.9% 67.1%
2024 12% 41% 44.1% 60.8%
2023 12.6% 39.7% 40.4% 59.6%
2022 13% 37.9% 42.2% 70.3%
2021 12.9% 35.6% 45.1% 86.2%
2020 13.3% 34.5% 54.9% 108.4%
2019 13.6% 32% 44.4% 79.6%
2018 13% 29.6% 47.8% 72.9%
2017 12.2% 28.3% 47.6% 66.9%
2016 11.6% 27.7% 47.7% 66.7%
2015 11.5% 28.2% 46.9% 69.5%
2014 11.7% 28.7% 44.3% 63.6%
2013 12.1% 28.3% 46.3% 59.2%
2012 11.7% 29.1% 45.9% 57.1%
2011 11.5% 29.4% 45.7% 49%
2010 10.6% 29.6% 46.7% 45.1%
2009 10.6% 33% 51.5% 43.9%
2008 11.5% 33.9% 51.2% 34.2%
2007 9.63% 35% 43.9% 31.8%
2006 10.1% 35.3% 42.6% 36.7%
2005 10.3% 35.6% 38.2% 38.6%
2004 9.88% 36.6% 40% 45.4%
2003 10.2% 37% 43.3% 48.6%
2002 10.4% 38.9% 37.5% 85.7%
2001 10.7% 37.1% - -
2000 9.76% 31.2% - -
1999 8.66% 32.7% - -
1998 9.82% 31.1% - -
1997 9.89% 29.1% - -
1996 9.79% 31% - -
1995 10.5% 32.9% - -
1994 10% 35.5% - -
1993 9.74% 34.1% - -
1992 8.8% 33.1% - -
1991 8.86% 31.8% - -
1990 9.14% 31.5% - -

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

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

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Montenegro spent $4.05B, or 43.9% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 67.1% in Montenegro, ranking 124/185 and 63/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Montenegro
1x
Year Deficit/surplus, % of GDP
Bangladesh Montenegro
2025 -2.93% -3.61%
2024 -3.7% -3.44%
2023 -4.39% 0.38%
2022 -4.53% -4.05%
2021 -3.56% -1.37%
2020 -4.84% -10.9%
2019 -5.41% -1.74%
2018 -4.07% -6.3%
2017 -4.17% -6.89%
2016 -3.16% -6.21%
2015 -3.29% -6.03%
2014 -2.62% -0.7%
2013 -2.86% -4.54%
2012 -2.56% -5.87%
2011 -2.96% -6.79%
2010 -2.23% -4.88%
2009 -2.68% -6.74%
2008 -3.36% -2.3%
2007 -1.86% 8.44%
2006 -2.15% 4.34%
2005 -2.4% -1.42%
2004 -2.21% -2.45%
2003 -1.96% -4.06%
2002 -2.3% -1.44%
2001 -3.44% -
2000 -2.5% -
1999 -1.35% -
1998 -2.2% -
1997 -1.94% -
1996 -2.01% -
1995 -0.38% -
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/montenegro | 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 Montenegro's deficit of $334M, or 3.61% of GDP.

Over the past 24 years, Bangladesh recorded a fiscal deficit in 24 of those years, while Montenegro ran a deficit in 21 years. On average, Bangladesh posted an annual deficit equal to 3.17% of GDP, compared to deficit of 3.27% of GDP for Montenegro.

Inflation comparison by year

Inflation
Bangladesh

Montenegro
1x
Year Consumer prices inflation
Bangladesh Montenegro
2025 10% 3.9%
2024 9.7% 3.3%
2023 9% 8.6%
2022 6.1% 13%
2021 5.6% 2.4%
2020 5.6% -0.3%
2019 5.5% 0.4%
2018 5.8% 2.6%
2017 5.4% 2.4%
2016 5.9% -0.3%
2015 6.4% 1.5%
2014 7.3% -0.7%
2013 6.8% 2.2%
2012 8.9% 4.1%
2011 8.8% 3.5%
2010 7.3% 0.4%
2009 6.7% 3.6%
2008 9.9% 9%
2007 7.2% 3.4%
2006 7.2% 2.1%
2005 6.5% 3.4%
2004 8.1% 3.1%
2003 3.9% 7.5%
2002 2.4% 19.7%
2001 1.8% 23.7%
2000 3.6% 29.9%
1999 8.9% -
1998 6.7% -
1997 2.7% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 26 years, Bangladesh has recorded an average annual inflation rate of 6.59%, compared with 5.86% in Montenegro. In 2025, inflation was 10% in Bangladesh and 3.9% in Montenegro.

Top exports between countries

Bangladesh
Export category Export value
Montenegro
Export category Export value
Machinery & equipment $255K
Metals $120K
Chemicals & pharma $55K
Weapons & explosives $55K
Raw materials & minerals $8K

Balance of trade

Bangladesh Montenegro
Current account balance
-$239M
2025
-$1.88B
2025
Current account balance ranking
93/190
2025
140/190
2025
Current account balance, % of GDP
-0.05%
2025
-20.4%
2025
Goods imports
$66B
2025
$4.91B
2025
Goods exports
$43.8B
2025
$663M
2025
Service imports
$14.7B
2025
$1.24B
2025
Service exports
$8.42B
2025
$3.07B
2025
Imports of goods and services, % of GDP
16.8%
2025
65.7%
2025
Exports of goods and services, % of GDP
11.1%
2025
40.1%
2025

Economic freedom indices

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

Bangladesh Montenegro
Economic freedom 54.8 63.8
Economic freedom ranking 131/197 78/197
Property rights 32.1 60.9
Government integrity 22.7 49.9
Judicial effectiveness 36.7 51.5
Tax burden 79.9 88.7
Government spending 95.3 47.6
Fiscal health 68.4 86.2
Business freedom 52.7 68.4
Labor freedom 50.5 59.4
Monetary freedom 65.8 75.2
Trade freedom 63 78.4
Investment freedom 50 50
Financial freedom 40 50

Economic freedom comparison by year

Bangladesh
Montenegro
1x
Year Economic freedom index
Bangladesh Montenegro
2026 54.8 63.8
2025 54.7 63.8
2024 54.4 59.7
2023 54.4 60.9
2022 52.7 57.8
2021 56.5 63.4
2020 56.4 61.5
2019 55.6 60.5
2018 55.1 64.3
2017 55 62
2016 53.3 64.9
2015 53.9 64.7
2014 54.1 63.6
2013 52.6 62.6
2012 53.2 62.5
2011 53 62.5
2010 51.1 63.6
2009 47.5 58.2
2008 44.2 -
2007 46.7 -
2006 52.9 -
2005 47.5 -
2004 50 -
2003 49.3 43.5
2002 51.9 46.6
2001 51.2 -
2000 48.9 -
1999 50 -
1998 52 -
1997 49.9 -
1996 51.1 -
1995 40.9 -

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 63.8 for Montenegro, ranking 78/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Montenegro
Services, % of GDP
52.1%
2025
63.4%
2025
Industry, % of GDP
34%
2025
11.3%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
3.37%
2025
GNI, Atlas method
$499B
2025
$8.82B
2025
GNI per capita, PPP
$10,710
2025
$35,700
2025
Total reserves including gold
$28.6B
2025
$2.2B
2025
Total reserves ranking
58/177
2025
126/177
2025
Net foreign direct investment
-$1.84B
2025
-$601M
2025
Net inflows of foreign direct investment
$1.28B
2024
$599M
2024
Net outflows of foreign direct investment
$34.1M
2024
$67.8M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
15%
2024
Poverty at national poverty lines
18.7%
2022
20%
2023
Gross capital formation, % of GDP
28.5%
2025
26.9%
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/montenegro | 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. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-07-08)
  6. TradeMap (2022–2024, 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.