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Economy of Bangladesh vs Morocco compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $161B for Morocco, ranking 36/197 and 58/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $109B (67.7% of GDP) in Morocco.

Bangladesh vs Morocco GDP by year

Bangladesh
Morocco
1x
Year GDP, current $
Bangladesh Morocco
2024 $450,119,432,069 $160,610,994,055
2023 $437,415,333,018 $146,036,093,667
2022 $460,131,689,083 $131,245,312,804
2021 $416,271,647,911 $142,022,058,447
2020 $373,979,442,362 $121,353,645,057
2019 $351,231,654,604 $128,920,266,409
2018 $321,362,752,442 $127,341,147,582
2017 $293,732,446,625 $118,540,573,368
2016 $265,224,515,675 $111,572,947,005
2015 $195,146,608,978 $110,413,823,842
2014 $172,886,611,654 $119,130,841,412
2013 $149,998,957,434 $115,739,287,305
2012 $133,310,747,603 $106,937,392,311
2011 $128,607,482,310 $110,080,631,332
2010 $115,275,540,051 $100,865,329,473
2009 $102,475,158,191 $101,154,952,241
2008 $91,636,997,371 $101,822,906,949
2007 $79,611,644,975 $86,947,913,287
2006 $71,795,736,172 $75,883,823,301
2005 $69,476,001,239 $68,852,658,069
2004 $65,108,544,250 $66,114,145,451
2003 $60,158,929,188 $58,029,363,354
2002 $54,724,081,491 $47,077,192,188
2001 $53,991,289,844 $43,831,480,208
2000 $53,369,787,319 $43,017,455,402
1999 $51,270,569,884 $46,266,428,648
1998 $49,984,559,471 $46,497,608,725
1997 $48,244,309,133 $39,147,844,526
1996 $46,438,484,108 $43,161,571,528
1995 $37,939,748,769 $39,030,285,468
1994 $33,768,660,883 $35,604,137,423
1993 $33,166,519,418 $31,655,473,664
1992 $31,708,874,594 $33,711,069,431
1991 $30,957,483,950 $32,285,573,574
1990 $31,598,340,778 $30,179,954,775
1989 $28,781,715,189 $26,314,313,191
1988 $26,579,005,558 $25,705,296,184
1987 $24,298,032,258 $21,765,195,948
1986 $21,774,033,333 $19,462,085,540
1985 $22,278,423,077 $14,991,283,216
1984 $18,920,840,000 $14,824,667,954
1983 $17,609,048,822 $16,251,408,128
1982 $18,525,399,202 $17,692,276,734
1981 $20,249,694,002 $17,788,185,479
1980 $18,138,049,096 $21,728,516,153
1979 $15,565,480,322 $15,911,994,817
1978 $13,281,767,143 $13,236,946,234
1977 $9,651,149,302 $11,049,783,872
1976 $10,117,113,333 $9,584,297,284
1975 $19,448,348,073 $8,984,853,005
1974 $12,512,460,520 $7,675,466,449
1973 $8,086,725,729 $6,242,145,880
1972 $6,288,245,867 $5,074,117,545
1971 $8,751,843,188 $4,356,669,034
1970 $8,992,722,167 $3,956,336,244
1969 $8,471,006,438 $3,651,622,669
1968 $7,483,685,771 $3,271,422,333
1967 $7,253,575,688 $3,046,345,314
1966 $6,439,687,854 $2,876,401,297
1965 $5,906,636,792 $2,948,331,090
1964 $5,386,054,833 $2,798,345,299
1963 $5,319,458,563 $2,657,252,578
1962 $5,081,413,542 $2,379,611,125
1961 $4,817,580,375 $2,025,693,540
1960 $4,274,894,083 $2,037,154,742

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Morocco by year

Bangladesh
GDP per capita

GDP per capita, PPP
Morocco
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Morocco
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $4,218 $10,415
2023 $2,551 $9,148 $3,872 $9,895
2022 $2,716 $8,451 $3,516 $9,310
2021 $2,483 $7,441 $3,843 $8,623
2020 $2,249 $6,641 $3,317 $7,705
2019 $2,130 $6,047 $3,560 $8,046
2018 $1,965 $5,490 $3,553 $7,801
2017 $1,811 $4,883 $3,344 $8,115
2016 $1,649 $4,579 $3,186 $7,853
2015 $1,224 $4,212 $3,190 $7,799
2014 $1,094 $3,973 $3,483 $7,237
2013 $958 $3,691 $3,425 $7,542
2012 $860 $3,434 $3,206 $7,308
2011 $837 $3,051 $3,345 $7,274
2010 $757 $2,834 $3,107 $6,849
2009 $679 $2,675 $3,158 $6,629
2008 $613 $2,555 $3,222 $6,437
2007 $538 $2,388 $2,788 $6,058
2006 $490 $2,195 $2,466 $5,781
2005 $480 $2,020 $2,268 $5,275
2004 $456 $1,862 $2,207 $5,025
2003 $427 $1,746 $1,962 $4,741
2002 $394 $1,659 $1,612 $4,436
2001 $395 $1,598 $1,521 $4,269
2000 $397 $1,512 $1,513 $3,930
1999 $388 $1,430 $1,651 $3,801
1998 $386 $1,373 $1,683 $3,740
1997 $379 $1,315 $1,439 $3,502
1996 $372 $1,261 $1,610 $3,551
1995 $309 $1,206 $1,478 $3,152
1994 $280.6 $1,145 $1,369 $3,315
1993 $280.8 $1,099 $1,236 $2,979
1992 $273.5 $1,045 $1,337 $2,979
1991 $272.1 $987 $1,302 $3,025
1990 $283.1 $941 $1,238 $2,777
1989 $263 - $1,099 -
1988 $247.9 - $1,094 -
1987 $231.5 - $944 -
1986 $212.1 - $861 -
1985 $222.2 - $678 -
1984 $193.4 - $687 -
1983 $184.7 - $772 -
1982 $199.6 - $862 -
1981 $224.2 - $890 -
1980 $206.1 - $1,117 -
1979 $181.1 - $839 -
1978 $158.3 - $716 -
1977 $117.9 - $613 -
1976 $126.7 - $545 -
1975 $249.8 - $524 -
1974 $165 - $459 -
1973 $109.7 - $382 -
1972 $87.8 - $319 -
1971 $124.5 - $280.6 -
1970 $130.2 - $261.5 -
1969 $125.9 - $247.8 -
1968 $114.4 - $228 -
1967 $114.2 - $218.1 -
1966 $104.4 - $211.5 -
1965 $98.6 - $222.7 -
1964 $92.6 - $216.9 -
1963 $94.1 - $211.3 -
1962 $92.6 - $194.2 -
1961 $90.4 - $169.8 -
1960 $82.5 - $175.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $4,218 in Morocco, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Morocco ranks 132nd at $10,415.

Economic indicators

Bangladesh Morocco
Gross domestic product
$450B
2024
$161B
2024
GDP rank
36/197
2024
58/197
2024
GDP growth
4.22%
2023-2024
3.79%
2023-2024
GDP per capita
$2,593
2024
$4,218
2024
GDP per capita rank
146/197
2024
127/197
2024
GDP per capita, PPP
$9,647
2024
$10,415
2024
GDP per capita PPP rank
135/197
2024
132/197
2024
Government debt
$184B
2024
$109B
2024
Debt-to-GDP ratio
41%
2024
67.7%
2024
Government debt per person
$1,063
2024
$2,857
2024
Government debt per person rank
139/185
2024
104/185
2024
Average annual personal income after taxes
$2,222
2026
$5,678
2026
Market capitalization of domestic companies
$87.9B
2024
$74.5B
2024
Number of billionaires n/a
3
2025
Income share by richest 10%
25.5%
2022
31.9%
2013
Income share by poorest 10%
3.7%
2022
2.7%
2013
Government expenditure, % of GDP
12%
2024
33%
2024
Consumer prices inflation
9.7%
2023-2024
0.99%
2023-2024
Central bank interest rate
10%
2024
2.25%
2025
Unemployment rate
3.64%
2024
11.8%
2022
Population
178415186
38871720

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Morocco
Spending

Debt
1x
Year % of GDP
Bangladesh Morocco
Government spending Government debt Government spending Government debt
2024 12% 41% 33% 67.7%
2023 12.6% 39.7% 32% 68.7%
2022 13% 37.9% 33.7% 71.4%
2021 12.9% 35.6% 31% 69.4%
2020 13.3% 34.5% 34.1% 72.2%
2019 13.6% 32% 27.6% 60.3%
2018 13% 29.6% 27.8% 60.5%
2017 12.2% 28.3% 27.9% 60.3%
2016 11.6% 27.7% 28.6% 60.1%
2015 11.5% 28.2% 28.5% 58.4%
2014 11.7% 28.7% 30.7% 58.6%
2013 12.1% 28.3% 30.4% 57.1%
2012 11.7% 29.1% 32.5% 52.3%
2011 11.5% 29.4% 31.2% 48.6%
2010 10.6% 29.6% 28.7% 45.3%
2009 10.6% 33% 28.1% 42.6%
2008 11.5% 33.9% 28.3% 42%
2007 9.63% 35% 26.4% 47.1%
2006 10.1% 35.3% 26% 50.6%
2005 10.3% 35.6% 28.6% 54.8%
2004 9.88% 36.6% 24.5% 54.4%
2003 10.2% 37% 24.1% 56.9%
2002 10.4% 38.9% 25.8% 59.4%
2001 10.7% 37.1% 23.7% 60.4%
2000 9.76% 31.2% 22.8% 64.9%
1999 8.66% 32.7% 18.4% 63.4%
1998 9.82% 31.1% 18.7% 64.5%
1997 9.89% 29.1% 18.6% 68%
1996 9.79% 31% 17.6% 65.3%
1995 10.5% 32.9% 21.3% 72.2%
1994 10% 35.5% 21.7% 69.3%
1993 9.74% 34.1% 23.1% 74.7%
1992 8.8% 33.1% 22.3% 67%
1991 8.86% 31.8% 20.8% 59.1%
1990 9.14% 31.5% 22.6% 70.5%

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/morocco | CC BY

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Morocco spent $53.1B, or 33% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 67.7% in Morocco, ranking 131/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Morocco
1x
Year Deficit/surplus, % of GDP
Bangladesh Morocco
2024 -3.69% -3.92%
2023 -4.39% -4.41%
2022 -4.53% -5.37%
2021 -3.56% -5.92%
2020 -4.84% -7.15%
2019 -5.41% -3.8%
2018 -4.07% -3.52%
2017 -4.17% -3.3%
2016 -3.16% -4.49%
2015 -3.29% -4.59%
2014 -2.62% -4.78%
2013 -2.86% -4.7%
2012 -2.56% -6.63%
2011 -2.96% -6.08%
2010 -2.23% -3.93%
2009 -2.68% -1.63%
2008 -3.36% 0.63%
2007 -1.86% -0.12%
2006 -2.15% -1.8%
2005 -2.4% -5.46%
2004 -2.21% -3.31%
2003 -1.96% -3.74%
2002 -2.3% -4.37%
2001 -3.44% -3.79%
2000 -2.5% -1.97%
1999 -1.35% 3.21%
1998 -2.2% 1.47%
1997 -1.94% 1.5%
1996 -2.01% 0.87%
1995 -0.38% -2.54%
1994 0.03% -2.51%
1993 0.43% -2%
1992 0.36% -1.84%
1991 0.44% -0.9%
1990 -0.15% -1.32%

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

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

In 2024, Bangladesh's government deficit, the difference between spending and revenue, was $16.6B, equivalent to 3.69% of GDP. This compares to Morocco's deficit of $6.3B, or 3.92% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Morocco ran a deficit in 30 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 2.92% of GDP for Morocco.

Inflation comparison by year

Inflation
Bangladesh

Morocco
1x
Year Consumer prices inflation
Bangladesh Morocco
2024 9.7% 0.99%
2023 9% 6.09%
2022 6.1% 6.66%
2021 5.6% 1.4%
2020 5.6% 0.71%
2019 5.5% 0.3%
2018 5.8% 1.8%
2017 5.4% 0.75%
2016 5.9% 1.64%
2015 6.4% 1.56%
2014 7.3% 0.44%
2013 6.8% 1.88%
2012 8.9% 1.29%
2011 8.8% 0.91%
2010 7.3% 0.99%
2009 6.7% 0.97%
2008 9.9% 3.71%
2007 7.2% 2.04%
2006 7.2% 3.28%
2005 6.5% 0.98%
2004 8.1% 1.49%
2003 3.9% 1.17%
2002 2.4% 2.8%
2001 1.8% 0.62%
2000 3.6% 1.89%
1999 8.9% 0.68%
1998 6.7% 2.75%
1997 2.7% 1.04%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 1.82% in Morocco. In 2024, inflation was 9.7% in Bangladesh and 0.99% in Morocco.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $4.79M
Animal & marine products $328K
Machinery & equipment $110K
Chemicals & pharma $6K
Morocco
Export category Export value
Raw materials & minerals $407M
Raw agricultural goods $874K
Chemicals & pharma $604K
Wood & paper products $166K
Miscellaneous $146K
Processed food, beverages & tobacco $126K
Textiles & consumer goods $112K
Metals $93K
Animal & marine products $34K
Machinery & equipment $12K

Balance of trade

Bangladesh Morocco
Current account balance
$1.43B
2024
-$1.87B
2024
Current account balance ranking
52/190
2024
141/190
2024
Current account balance, % of GDP
+0.32%
2024
-1.16%
2024
Goods imports
$63.8B
2024
$66.5B
2024
Goods exports
$47.3B
2024
$39.3B
2024
Service imports
$12.3B
2024
$14.3B
2024
Service exports
$7.47B
2024
$28.2B
2024
Imports of goods and services, % of GDP
16.3%
2024
50.2%
2024
Exports of goods and services, % of GDP
10.5%
2024
42%
2024

Economic freedom indices

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

Bangladesh Morocco
Economic freedom 54.8 61.8
Economic freedom ranking 131/197 91/197
Property rights 32.1 55.2
Government integrity 22.7 35.6
Judicial effectiveness 36.7 32.5
Tax burden 79.9 65.5
Government spending 95.3 67.5
Fiscal health 68.4 57.5
Business freedom 52.7 72.1
Labor freedom 50.5 46.2
Monetary freedom 65.8 79.6
Trade freedom 63 69.8
Investment freedom 50 80
Financial freedom 40 80

Economic freedom comparison by year

Bangladesh
Morocco
1x
Year Economic freedom index
Bangladesh Morocco
2026 54.8 61.8
2025 54.7 60.3
2024 54.4 56.8
2023 54.4 58.4
2022 52.7 59.2
2021 56.5 63.3
2020 56.4 63.3
2019 55.6 62.9
2018 55.1 61.9
2017 55 61.5
2016 53.3 61.3
2015 53.9 60.1
2014 54.1 58.3
2013 52.6 59.6
2012 53.2 60.2
2011 53 59.6
2010 51.1 59.2
2009 47.5 57.7
2008 44.2 55.6
2007 46.7 56.4
2006 52.9 51.5
2005 47.5 52.2
2004 50 56.7
2003 49.3 57.8
2002 51.9 59
2001 51.2 63.9
2000 48.9 63.2
1999 50 63.8
1998 52 61.1
1997 49.9 64.7
1996 51.1 64.3
1995 40.9 62.8

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 61.8 for Morocco, ranking 91/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Morocco
Services, % of GDP
51.4%
2024
52.7%
2024
Industry, % of GDP
34.1%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
10.6%
2024
GNI, Atlas method
$490B
2024
$149B
2024
GNI per capita, PPP
$10,060
2024
$10,260
2024
Total reserves including gold
$21.4B
2024
$37.1B
2024
Total reserves ranking
61/177
2024
52/177
2024
Net foreign direct investment
-$1.49B
2024
-$948M
2024
Net inflows of foreign direct investment
$1.31B
2024
$1.64B
2024
Net outflows of foreign direct investment
$34.1M
2024
$691M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
5.63%
2024
Poverty at national poverty lines
18.7%
2022
3.9%
2022
Gross capital formation, % of GDP
30.7%
2024
30.1%
2024

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/morocco | 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. TradeMap (2015–2023, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20)
  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.