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Economy of Bangladesh vs Oman compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $110B for Oman, ranking 38/197 and 70/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $39.2B (35.8% of GDP) in Oman.

Bangladesh vs Oman GDP by year

Bangladesh
Oman
1x
Year GDP, current $
Bangladesh Oman
2025 $456,319,229,256 $109,604,780,696
2024 $450,119,432,069 $107,137,198,700
2023 $437,415,333,018 $106,174,707,932
2022 $460,131,689,083 $109,852,795,839
2021 $416,271,647,911 $87,323,797,139
2020 $373,979,442,362 $75,909,492,848
2019 $351,231,654,604 $88,060,858,257
2018 $321,362,752,442 $91,505,851,756
2017 $293,732,446,625 $80,856,697,009
2016 $265,224,515,675 $75,128,738,622
2015 $195,146,608,978 $78,710,793,238
2014 $172,886,611,654 $92,699,089,727
2013 $149,998,957,434 $89,936,020,806
2012 $133,310,747,603 $87,408,842,653
2011 $128,607,482,310 $77,497,529,259
2010 $115,275,540,051 $64,993,498,049
2009 $102,475,158,191 $55,454,096,229
2008 $91,636,997,371 $69,804,681,404
2007 $79,611,644,975 $48,300,390,117
2006 $71,795,736,172 $42,577,633,290
2005 $69,476,001,239 $35,506,892,068
2004 $65,108,544,250 $28,378,933,680
2003 $60,158,929,188 $24,733,680,104
2002 $54,724,081,491 $23,065,539,662
2001 $53,991,289,844 $22,205,721,717
2000 $53,369,787,319 $22,259,557,867
1999 $51,270,569,884 $17,832,769,831
1998 $49,984,559,471 $16,044,213,264
1997 $48,244,309,133 $18,039,791,938
1996 $46,438,484,108 $17,402,080,624
1995 $37,939,748,769 $15,722,236,671
1994 $33,768,660,883 $14,715,214,564
1993 $33,166,519,418 $14,230,429,129
1992 $31,708,874,594 $14,183,615,085
1991 $30,957,483,950 $12,918,335,501
1990 $31,598,340,778 $13,310,273,082
1989 $28,781,715,189 $9,372,171,651
1988 $26,579,005,558 $8,386,215,865
1987 $24,298,032,258 $7,811,183,095
1986 $21,774,033,333 $7,324,167,369
1985 $22,278,423,077 $10,005,645,420
1984 $18,920,840,000 $8,821,443,151
1983 $17,609,048,822 $7,932,541,691
1982 $18,525,399,202 $7,554,719,456
1981 $20,249,694,002 $7,259,120,151
1980 $18,138,049,096 $5,981,760,278
1979 $15,565,480,322 $3,733,352,635
1978 $13,281,767,143 $2,740,301,390
1977 $9,651,149,302 $2,741,169,948
1976 $10,117,113,333 $2,560,220,035
1975 $19,448,348,073 $2,096,699,189
1974 $12,512,460,520 $1,645,917,776
1973 $8,086,725,729 $483,066,991
1972 $6,288,245,867 $366,883,548
1971 $8,751,843,188 $301,010,587
1970 $8,992,722,167 $256,319,795
1969 $8,471,006,438 $239,999,808
1968 $7,483,685,771 $188,879,849
1967 $7,253,575,688 $107,151,832
1966 $6,439,687,854 $67,759,973
1965 $5,906,636,792 $63,279,975
1964 $5,386,054,833 $61,872,526
1963 $5,319,458,563 $59,912,763
1962 $5,081,413,542 $56,273,202
1961 $4,817,580,375 $45,634,487
1960 $4,274,894,083 $44,234,656

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bangladesh vs Oman by year

Bangladesh
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $19,947 -
2024 $2,593 $9,647 $20,285 $41,740
2023 $2,551 $9,148 $21,028 $41,945
2022 $2,716 $8,451 $23,224 $42,616
2021 $2,483 $7,441 $19,403 $38,719
2020 $2,249 $6,641 $16,785 $35,163
2019 $2,130 $6,047 $19,180 $37,251
2018 $1,965 $5,490 $19,902 $37,780
2017 $1,811 $4,883 $17,820 $33,619
2016 $1,649 $4,579 $17,110 $33,334
2015 $1,224 $4,212 $18,808 $36,058
2014 $1,094 $3,973 $23,161 $44,236
2013 $958 $3,691 $23,458 $47,013
2012 $860 $3,434 $24,642 $49,989
2011 $837 $3,051 $25,188 $52,393
2010 $757 $2,834 $23,570 $55,667
2009 $679 $2,675 $20,656 $55,127
2008 $613 $2,555 $26,577 $52,841
2007 $538 $2,388 $18,793 $48,627
2006 $490 $2,195 $16,931 $46,091
2005 $480 $2,020 $14,435 $43,673
2004 $456 $1,862 $11,801 $42,142
2003 $427 $1,746 $10,464 $40,935
2002 $394 $1,659 $9,869 $41,511
2001 $395 $1,598 $9,612 $41,679
2000 $397 $1,512 $9,754 $39,443
1999 $388 $1,430 $7,915 $36,792
1998 $386 $1,373 $7,219 $36,666
1997 $379 $1,315 $8,235 $36,809
1996 $372 $1,261 $8,068 $34,661
1995 $309 $1,206 $7,414 $33,598
1994 $280.6 $1,145 $7,068 $31,925
1993 $280.8 $1,099 $7,039 $30,987
1992 $273.5 $1,045 $7,318 $29,773
1991 $272.1 $987 $6,977 $28,109
1990 $283.1 $941 $7,546 $26,904
1989 $263 - $5,591 -
1988 $247.9 - $5,279 -
1987 $231.5 - $5,204 -
1986 $212.1 - $5,182 -
1985 $222.2 - $7,549 -
1984 $193.4 - $7,070 -
1983 $184.7 - $6,714 -
1982 $199.6 - $6,759 -
1981 $224.2 - $6,866 -
1980 $206.1 - $5,974 -
1979 $181.1 - $3,934 -
1978 $158.3 - $3,044 -
1977 $117.9 - $3,205 -
1976 $126.7 - $3,143 -
1975 $249.8 - $2,692 -
1974 $165 - $2,203 -
1973 $109.7 - $670 -
1972 $87.8 - $524 -
1971 $124.5 - $442 -
1970 $130.2 - $387 -
1969 $125.9 - $372 -
1968 $114.4 - $300 -
1967 $114.2 - $174.7 -
1966 $104.4 - $113.2 -
1965 $98.6 - $108.1 -
1964 $92.6 - $108.1 -
1963 $94.1 - $106.8 -
1962 $92.6 - $102.3 -
1961 $90.4 - $84.5 -
1960 $82.5 - $83.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $19,947 in Oman, ranking 60/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Oman ranks 55th at $41,740.

Economic indicators

Bangladesh Oman
Gross domestic product
$456B
2025
$110B
2025
GDP rank
38/197
2025
70/197
2025
GDP growth
3.49%
2024-2025
2.4%
2024-2025
GDP per capita
$2,597
2025
$19,947
2025
GDP per capita rank
151/197
2025
60/197
2025
GDP per capita, PPP
$9,647
2024
$41,740
2024
GDP per capita PPP rank
135/197
2024
55/197
2024
Government debt
$192B
2025
$39.2B
2025
Debt-to-GDP ratio
42%
2025
35.8%
2025
Government debt per person
$1,092
2025
$7,132
2025
Government debt per person rank
143/185
2025
70/185
2025
Average annual personal income after taxes
$2,829
2026
$19,851
2026
Market capitalization of domestic companies
$26.2B
2025
$41.3B
2025
Number of billionaires n/a
2
2026
Income share by richest 10%
25.5%
2022
n/a
Income share by poorest 10%
3.7%
2022
n/a
Government expenditure, % of GDP
10.9%
2025
28.9%
2025
Consumer prices inflation
10%
2024-2025
1%
2024-2025
Central bank interest rate
10%
2024
4.5%
2025
Unemployment rate
3.64%
2024
3.3%
2024
Population
178936470
5775345

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Bangladesh Oman
Government spending Government debt Government spending Government debt
2025 10.9% 42% 28.9% 35.8%
2024 12% 41% 28.7% 35.5%
2023 12.6% 39.7% 27.5% 37.4%
2022 13% 37.9% 31.1% 41.7%
2021 12.9% 35.6% 36.5% 61.9%
2020 13.3% 34.5% 44.5% 67.9%
2019 13.6% 32% 38.8% 52.5%
2018 13% 29.6% 38.3% 44.7%
2017 12.2% 28.3% 39.4% 40.1%
2016 11.6% 27.7% 44.6% 29.3%
2015 11.5% 28.2% 44.5% 13.9%
2014 11.7% 28.7% 41.4% 4.04%
2013 12.1% 28.3% 39.3% 4.66%
2012 11.7% 29.1% 38.6% 4.59%
2011 11.5% 29.4% 34.5% 4.44%
2010 10.6% 29.6% 30.6% 5.46%
2009 10.6% 33% 33.4% 5.8%
2008 11.5% 33.9% 25.6% 3.2%
2007 9.63% 35% 30.7% 4.44%
2006 10.1% 35.3% 30.1% 7.56%
2005 10.3% 35.6% 30.6% 8.39%
2004 9.88% 36.6% 34.1% 14.5%
2003 10.2% 37% 34% 13%
2002 10.4% 38.9% 34.1% 15.9%
2001 10.7% 37.1% 33.3% 22.5%
2000 9.76% 31.2% 31.2% 21.7%
1999 8.66% 32.7% 34.2% 28.9%
1998 9.82% 31.1% 36.1% 30.9%
1997 9.89% 29.1% 32.1% 20.8%
1996 9.79% 31% 33.5% 21.2%
1995 10.5% 32.9% 38.2% 21.9%
1994 10% 35.5% 39.7% 23.6%
1993 9.74% 34.1% 40.1% 22.2%
1992 8.8% 33.1% 40.1% 23.1%
1991 8.86% 31.8% 37.4% 22.6%
1990 9.14% 31.5% 36.5% 17.8%

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/oman | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Oman spent $31.7B, or 28.9% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 35.8% in Oman, ranking 124/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Oman
1x
Year Deficit/surplus, % of GDP
Bangladesh Oman
2025 -2.93% 1.04%
2024 -3.7% 3.22%
2023 -4.39% 6.72%
2022 -4.53% 10.3%
2021 -3.56% -3.17%
2020 -4.84% -15.7%
2019 -5.41% -4.83%
2018 -4.07% -6.72%
2017 -4.17% -10.5%
2016 -3.16% -19.6%
2015 -3.29% -13.5%
2014 -2.62% -1.58%
2013 -2.86% 2.78%
2012 -2.56% 4.07%
2011 -2.96% 8.24%
2010 -2.23% 4.95%
2009 -2.68% -0.27%
2008 -3.36% 14.7%
2007 -1.86% 10.5%
2006 -2.15% 12.2%
2005 -2.4% 11.2%
2004 -2.21% 5.43%
2003 -1.96% 5.92%
2002 -2.3% 5.31%
2001 -3.44% 7.55%
2000 -2.5% 12.2%
1999 -1.35% 0.3%
1998 -2.2% -4.37%
1997 -1.94% 4.77%
1996 -2.01% 2.22%
1995 -0.38% -3.9%
1994 0.03% -7.47%
1993 0.43% -6.84%
1992 0.36% -4.85%
1991 0.44% 0.12%
1990 -0.15% 4.78%

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

GeoRank.org/economy/bangladesh/oman | 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 Oman's surplus of $1.14B, or 1.04% of GDP.

Over the past 36 years, Bangladesh recorded a fiscal deficit in 32 of those years, while Oman ran a deficit in 14 years. On average, Bangladesh posted an annual deficit equal to 2.47% of GDP, compared to surplus of 0.98% of GDP for Oman.

Inflation comparison by year

Inflation
Bangladesh

Oman
1x
Year Consumer prices inflation
Bangladesh Oman
2025 10% 1%
2024 9.7% 0.6%
2023 9% 1%
2022 6.1% 2.5%
2021 5.6% 1.7%
2020 5.6% -0.4%
2019 5.5% 0.5%
2018 5.8% 0.7%
2017 5.4% 1.5%
2016 5.9% 0.9%
2015 6.4% 0.1%
2014 7.3% 1.2%
2013 6.8% 1.3%
2012 8.9% 2.9%
2011 8.8% 4.1%
2010 7.3% 3.3%
2009 6.7% 3.5%
2008 9.9% 12.6%
2007 7.2% 5.9%
2006 7.2% 3.2%
2005 6.5% 1.9%
2004 8.1% 0.8%
2003 3.9% 0.2%
2002 2.4% -0.3%
2001 1.8% -0.8%
2000 3.6% -1.2%
1999 8.9% 0.5%
1998 6.7% 0.4%
1997 2.7% -0.4%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 1.7% in Oman. In 2025, inflation was 10% in Bangladesh and 1% in Oman.

Top exports between countries

Bangladesh
Export category Export value
Processed food, beverages & tobacco $16.1M
Raw agricultural goods $5.58M
Machinery & equipment $3.96M
Textiles & consumer goods $1.02M
Chemicals & pharma $329K
Miscellaneous $162K
Wood & paper products $57K
Animal & marine products $33K
Metals $4K
Oman
Export category Export value
Chemicals & pharma $66.2M
Raw materials & minerals $25.3M
Animal & marine products $3.86M
Processed food, beverages & tobacco $3.12M
Machinery & equipment $2.72M
Wood & paper products $2.45M
Metals $1.97M
Textiles & consumer goods $1.05M
Miscellaneous $167K
Raw agricultural goods $20K

Balance of trade

Bangladesh Oman
Current account balance
-$239M
2025
$3.07B
2024
Current account balance ranking
93/190
2025
37/190
2024
Current account balance, % of GDP
-0.05%
2025
+2.86%
2024
Goods imports
$66B
2025
$39.5B
2024
Goods exports
$43.8B
2025
$65.2B
2024
Service imports
$14.7B
2025
$12.8B
2024
Service exports
$8.42B
2025
$5.64B
2024
Imports of goods and services, % of GDP
16.8%
2025
48.8%
2024
Exports of goods and services, % of GDP
11.1%
2025
66.1%
2024

Economic freedom indices

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

Bangladesh Oman
Economic freedom 54.8 68.5
Economic freedom ranking 131/197 45/197
Property rights 32.1 71.8
Government integrity 22.7 49.4
Judicial effectiveness 36.7 28
Tax burden 79.9 97.6
Government spending 95.3 74.7
Fiscal health 68.4 97.5
Business freedom 52.7 67.8
Labor freedom 50.5 47.7
Monetary freedom 65.8 79.2
Trade freedom 63 78.4
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Oman
1x
Year Economic freedom index
Bangladesh Oman
2026 54.8 68.5
2025 54.7 65.4
2024 54.4 62.9
2023 54.4 58.5
2022 52.7 56.6
2021 56.5 64.6
2020 56.4 63.6
2019 55.6 61
2018 55.1 61
2017 55 62.1
2016 53.3 67.1
2015 53.9 66.7
2014 54.1 67.4
2013 52.6 68.1
2012 53.2 67.9
2011 53 69.8
2010 51.1 67.7
2009 47.5 67
2008 44.2 67.3
2007 46.7 65.8
2006 52.9 63.7
2005 47.5 66.5
2004 50 66.9
2003 49.3 64.6
2002 51.9 64
2001 51.2 67.7
2000 48.9 64.1
1999 50 64.9
1998 52 64.9
1997 49.9 64.5
1996 51.1 65.4
1995 40.9 70.2

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Oman
Services, % of GDP
52.1%
2025
47.2%
2025
Industry, % of GDP
34%
2025
52.7%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
2.81%
2025
GNI, Atlas method
$499B
2025
$103B
2024
GNI per capita, PPP
$10,710
2025
$39,390
2024
Total reserves including gold
$28.6B
2025
$18.3B
2024
Total reserves ranking
58/177
2025
68/177
2024
Net foreign direct investment
-$1.84B
2025
-$12.6B
2024
Net inflows of foreign direct investment
$1.28B
2024
$12.5B
2024
Net outflows of foreign direct investment
$34.1M
2024
-$143M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
n/a
Gross capital formation, % of GDP
28.5%
2025
24.8%
2024

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/oman | 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. TradeMap (2018–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, 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.