Bangladesh vs North Macedonia: Economic Indicators Comparison

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while North Macedonia ranked 135th with $12.7B. By GDP 5-years average growth and GDP per capita, Bangladesh and North Macedonia ranked 10th vs 110th and 155th vs 100th, respectively.

Gross Domestic Product & Income

StatBangladeshNorth Macedonia
GDP$274B$12.7B
GDP growth, 1 year7.7%2.7%
GDP growth, 5-years average7.1%2.6%
Population164.7M2.1M
GDP per capita$1.7k$6.1k
GDP per capita growth6.74%2.62%
Purchasing Power Parity conversion factor31.919.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.37
GDP per capita, PPP adjusted$4.6k$16k
GNI, Atlas method$282B$11.4B
GNI per capita$1.8k$5.5k
GNI, PPP adjusted$737.6B$32.6B
GNI per capita, PPP adjusted$4.6k$16k

Financial system and Human development

StatBangladeshNorth Macedonia
Income Tax Rate25%10%
Corporate Tax Rate45%10%
Inflation, consumer prices5.6%1.5%
Inflation, GDP deflator5.6%4.3%
Unemployment4.3%21.6%
Economic Freedom Index56.469.5
Personal Freedom Index5.68.17
Human Freedom Index5.87.55
Property Rights Index4162.5
Judical Effectiveness Index36.142.7
Business Freedom Index52.380.6
Fiscal Health Index76.887.7
Labor Freedom Index68.467
Investment Freedom Index4565
Financial Freedom Index3060
Trade Freedom Index63.686.2
Monetary Freedom Index7077.7
Government Spending Index94.371
Tax Burden Index72.791.5
Government Integrity Index26.642.2
Corruption Perceptions Index2637
Life expectancy at birth, years72.175.6
Suicide mortality rate, per 100,000 people5.97.9
Mortality caused by road traffic injury, per 100,000 people15.36.4
Intentional homicides, per 100,000 people2.21.5
International tourism, number of arrivals1M707k

Government debt & reserves

StatBangladeshNorth Macedonia
Central government debt, % of GDP34.8%39.5%
External debt stocks, % of GNI18.2%72%
External debt stocks$52.1B$8.7B
Short-term debt, % of total reserves28.2%40.9%
Total debt service, % of exports and primary income6.3%16.6%
Adjusted net savings including particulate emission damage, % of GNI24.5%15.4%
Gross savings, % of GDP33.3%33%
Gross capital formation, % of GDP31.2%33%
Total reserves including gold$32B$3.3B
Foreign direct investment net inflows$2.9B$648.7M

Exports, imports and economic structure

StatBangladeshNorth Macedonia
Exports of goods and services, % of GDP14.8%60.3%
Imports of goods and services, % of GDP23.4%72.9%
Current account balance (balance of payments)-$7.6B-$25.6M
Revenue excluding grants, % of GDP10.2%26.8%
Grants excluding technical cooperation, BoP$1.3B$133.8M
Personal remittances received$15.6B$344.5M
Industry including construction value added, % of GDP28.5%23.6%
Agriculture, forestry and fishing value added, % of GDP13.1%7.2%
Charges for the use of intellectual property, payments BoP$39.7M$188.8M
Charges for the use of intellectual property, receipts BoP$444k$11.8M
Expense, % of GDP9.4%27.9%
Government Expenditure, % of GDP13.7%31.1%

Compare with countries close by GDP per capita

Bangladesh vs

CountryGDP
per capita
Population
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M

North Macedonia vs

CountryGDP
per capita
Population
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M