Bangladesh vs Papua New Guinea: Economic Indicators Comparison

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Papua New Guinea ranked 114th with $23.5B. By GDP 5-years average growth and GDP per capita, Bangladesh and Papua New Guinea ranked 10th vs 32nd and 155th vs 137th, respectively.

Gross Domestic Product & Income

StatBangladeshPapua New Guinea
GDP$274B$23.5B
GDP growth, 1 year7.7%0%
GDP growth, 5-years average7.1%5%
Population164.7M8.3M
GDP per capita$1.7k$2.7k
GDP per capita growth6.74%-2.76%
Purchasing Power Parity conversion factor31.92.06
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.63
GDP per capita, PPP adjusted$4.6k$3.7k
GNI, Atlas method$282B$22.1B
GNI per capita$1.8k$2.6k
GNI, PPP adjusted$737.6B$36.3B
GNI per capita, PPP adjusted$4.6k$4.2k

Financial system and Human development

StatBangladeshPapua New Guinea
Income Tax Rate25%42%
Corporate Tax Rate45%30%
Inflation, consumer prices5.6%4.7%
Inflation, GDP deflator5.6%7.1%
Unemployment4.3%2.4%
Economic Freedom Index56.458.4
Personal Freedom Index5.67.24
Human Freedom Index5.86.99
Property Rights Index4154.9
Judical Effectiveness Index36.148.4
Business Freedom Index52.358.4
Fiscal Health Index76.876.4
Labor Freedom Index68.469.6
Investment Freedom Index4525
Financial Freedom Index3030
Trade Freedom Index63.679.8
Monetary Freedom Index7070.7
Government Spending Index94.386.4
Tax Burden Index72.771.5
Government Integrity Index26.629.7
Corruption Perceptions Index2628
Life expectancy at birth, years72.164
Suicide mortality rate, per 100,000 people5.96
Mortality caused by road traffic injury, per 100,000 people15.314.2
Intentional homicides, per 100,000 people2.27.9
International tourism, number of arrivals1M140k

Government debt & reserves

StatBangladeshPapua New Guinea
Central government debt, % of GDP34.8%36.9%
External debt stocks, % of GNI18.2%78.4%
External debt stocks$52.1B$17.7B
Short-term debt, % of total reserves28.2%20.6%
Total debt service, % of exports and primary income6.3%26.1%
Adjusted net savings including particulate emission damage, % of GNI24.5%4.9%
Gross savings, % of GDP33.3%30.4%
Gross capital formation, % of GDP31.2%20%
Total reserves including gold$32B$2.2B
Foreign direct investment net inflows$2.9B$335.2M

Exports, imports and economic structure

StatBangladeshPapua New Guinea
Exports of goods and services, % of GDP14.8%72.2%
Imports of goods and services, % of GDP23.4%58.9%
Current account balance (balance of payments)-$7.6B$5.5B
Revenue excluding grants, % of GDP10.2%15.9%
Grants excluding technical cooperation, BoP$1.3B$268.9M
Personal remittances received$15.6B$2.9M
Industry including construction value added, % of GDP28.5%36.4%
Agriculture, forestry and fishing value added, % of GDP13.1%17.6%
Charges for the use of intellectual property, payments BoP$39.7M$139k
Charges for the use of intellectual property, receipts BoP$444kN/A
Expense, % of GDP9.4%19.1%
Government Expenditure, % of GDP13.7%21.3%

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

Papua New Guinea vs

CountryGDP
per capita
Population
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
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