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Economy of Bangladesh vs Romania compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $383B for Romania, ranking 36/197 and 42/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $220B (57.4% of GDP) in Romania.

Bangladesh vs Romania GDP by year

Bangladesh
Romania
1x
Year GDP, current $
Bangladesh Romania
2024 $450,119,432,069 $382,564,217,989
2023 $437,415,333,018 $347,757,995,759
2022 $460,131,689,083 $295,319,437,557
2021 $416,271,647,911 $285,071,280,114
2020 $373,979,442,362 $250,625,048,304
2019 $351,231,654,604 $250,080,428,512
2018 $321,362,752,442 $241,791,427,224
2017 $293,732,446,625 $210,147,385,855
2016 $265,224,515,675 $185,290,759,249
2015 $195,146,608,978 $177,885,131,240
2014 $172,886,611,654 $199,722,319,676
2013 $149,998,957,434 $189,798,603,751
2012 $133,310,747,603 $179,117,323,107
2011 $128,607,482,310 $192,623,977,894
2010 $115,275,540,051 $170,064,350,672
2009 $102,475,158,191 $174,110,532,659
2008 $91,636,997,371 $214,315,932,061
2007 $79,611,644,975 $174,588,782,939
2006 $71,795,736,172 $122,023,735,993
2005 $69,476,001,239 $98,454,380,120
2004 $65,108,544,250 $74,973,656,852
2003 $60,158,929,188 $57,806,384,143
2002 $54,724,081,491 $46,065,502,703
2001 $53,991,289,844 $40,395,116,581
2000 $53,369,787,319 $37,253,739,511
1999 $51,270,569,884 $35,953,156,754
1998 $49,984,559,471 $41,696,091,974
1997 $48,244,309,133 $35,575,214,078
1996 $46,438,484,108 $36,937,074,278
1995 $37,939,748,769 $37,430,162,103
1994 $33,768,660,883 $30,072,805,104
1993 $33,166,519,418 $26,361,160,450
1992 $31,708,874,594 $25,121,666,667
1991 $30,957,483,950 $28,850,634,900
1990 $31,598,340,778 $38,247,882,300
1989 $28,781,715,189 $41,450,777,202
1988 $26,579,005,558 $40,424,528,302
1987 $24,298,032,258 $38,067,567,568
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Romania by year

Bangladesh
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $20,080 $49,077
2023 $2,551 $9,148 $18,244 $45,982
2022 $2,716 $8,451 $15,504 $41,979
2021 $2,483 $7,441 $14,908 $37,534
2020 $2,249 $6,641 $13,009 $34,194
2019 $2,130 $6,047 $12,910 $33,425
2018 $1,965 $5,490 $12,416 $29,383
2017 $1,811 $4,883 $10,728 $26,943
2016 $1,649 $4,579 $9,405 $23,905
2015 $1,224 $4,212 $8,977 $21,625
2014 $1,094 $3,973 $10,032 $20,633
2013 $958 $3,691 $9,498 $19,678
2012 $860 $3,434 $8,930 $19,808
2011 $837 $3,051 $9,561 $18,804
2010 $757 $2,834 $8,400 $17,355
2009 $679 $2,675 $8,548 $16,641
2008 $613 $2,555 $10,435 $16,782
2007 $538 $2,388 $8,360 $13,703
2006 $490 $2,195 $5,758 $11,554
2005 $480 $2,020 $4,618 $9,602
2004 $456 $1,862 $3,495 $8,989
2003 $427 $1,746 $2,679 $7,559
2002 $394 $1,659 $2,120 $7,162
2001 $395 $1,598 $1,825 $6,520
2000 $397 $1,512 $1,660 $5,850
1999 $388 $1,430 $1,600 $5,596
1998 $386 $1,373 $1,853 $5,545
1997 $379 $1,315 $1,577 $5,564
1996 $372 $1,261 $1,633 $5,746
1995 $309 $1,206 $1,650 $5,429
1994 $280.6 $1,145 $1,323 $4,995
1993 $280.8 $1,099 $1,158 $4,699
1992 $273.5 $1,045 $1,102 $4,515
1991 $272.1 $987 $1,254 $4,795
1990 $283.1 $941 $1,648 $5,280
1989 $263 - $1,790 -
1988 $247.9 - $1,753 -
1987 $231.5 - $1,659 -
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 (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $20,080 in Romania, ranking 58/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Romania ranks 47th at $49,077.

Economic indicators

Bangladesh Romania
Gross domestic product
$450B
2024
$383B
2024
GDP rank
36/197
2024
42/197
2024
GDP growth
4.22%
2023-2024
0.92%
2023-2024
GDP per capita
$2,593
2024
$20,080
2024
GDP per capita rank
146/197
2024
58/197
2024
GDP per capita, PPP
$9,647
2024
$49,077
2024
GDP per capita PPP rank
135/197
2024
47/197
2024
Government debt
$184B
2024
$220B
2024
Debt-to-GDP ratio
41%
2024
57.4%
2024
Government debt per person
$1,063
2024
$11,533
2024
Government debt per person rank
139/185
2024
48/185
2024
Average annual personal income after taxes
$2,222
2026
$13,912
2026
Market capitalization of domestic companies
$87.9B
2024
$47.4B
2024
Number of billionaires n/a
6
2025
Income share by richest 10%
25.5%
2022
21.8%
2023
Income share by poorest 10%
3.7%
2022
2.4%
2023
Government expenditure, % of GDP
12%
2024
39.9%
2024
Consumer prices inflation
9.7%
2023-2024
5.6%
2023-2024
Central bank interest rate
10%
2024
6.5%
2024
Unemployment rate
3.64%
2024
5.43%
2024
Population
178415186
18839108

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Bangladesh Romania
Government spending Government debt Government spending Government debt
2024 12% 41% 39.9% 57.4%
2023 12.6% 39.7% 36.6% 52.1%
2022 13% 37.9% 37.4% 51.7%
2021 12.9% 35.6% 37% 51.5%
2020 13.3% 34.5% 38.1% 49.3%
2019 13.6% 32% 33.2% 36.5%
2018 13% 29.6% 31.7% 36.2%
2017 12.2% 28.3% 31% 37.1%
2016 11.6% 27.7% 31.8% 39.5%
2015 11.5% 28.2% 34.2% 39.4%
2014 11.7% 28.7% 33.8% 40.5%
2013 12.1% 28.3% 34.2% 39.3%
2012 11.7% 29.1% 33.5% 36.2%
2011 11.5% 29.4% 35% 32.6%
2010 10.6% 29.6% 37.4% 30.2%
2009 10.6% 33% 36.3% 22.5%
2008 11.5% 33.9% 35.3% 13%
2007 9.63% 35% 34.6% 12.4%
2006 10.1% 35.3% 33.9% 12.7%
2005 10.3% 35.6% 32.3% 17.8%
2004 9.88% 36.6% 33.7% 21.3%
2003 10.2% 37% 31.8% 24.9%
2002 10.4% 38.9% 32.1% 27.4%
2001 10.7% 37.1% 33.2% 27.4%
2000 9.76% 31.2% 35% 29.6%
1999 8.66% 32.7% 35.1% 21.7%
1998 9.82% 31.1% 34.7% 16.5%
1997 9.89% 29.1% 33.5% 15%
1996 9.79% 31% 33.5% 11%
1995 10.5% 32.9% 34.4% 6.91%
1994 10% 35.5% 33.1% -
1993 9.74% 34.1% 33.5% -
1992 8.8% 33.1% 41.5% -
1991 8.86% 31.8% 38.3% -
1990 9.14% 31.5% 38.4% -
1989 - - 40.1% -
1988 - - 36.6% -
1987 - - 40.7% -
1986 - - 42.5% -
1985 - - 41.6% -
1984 - - 28.6% -
1983 - - 25.8% -
1982 - - 28.5% -
1981 - - 30.4% -
1980 - - 33.6% -
1979 - - 42% -
1978 - - 42.1% -
1977 - - 39.9% -
1976 - - 37.5% -
1975 - - 40.6% -
1974 - - 37.6% -
1973 - - 32.6% -
1972 - - 29.9% -
1971 - - 27.2% -
1970 - - 28.1% -
1969 - - 32.1% -
1968 - - 31.8% -
1967 - - 30.6% -
1966 - - 27.3% -
1965 - - 25.6% -
1964 - - 25.1% -
1963 - - 23.1% -
1962 - - 43.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–2002, retrieved 2026-02-20).

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Romania spent $153B, or 39.9% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 57.4% in Romania, ranking 131/185 and 87/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Romania
1x
Year Deficit/surplus, % of GDP
Bangladesh Romania
2024 -3.69% -8.68%
2023 -4.39% -5.61%
2022 -4.53% -5.83%
2021 -3.56% -6.7%
2020 -4.84% -9.54%
2019 -5.41% -4.55%
2018 -4.07% -2.74%
2017 -4.17% -2.86%
2016 -3.16% -2.5%
2015 -3.29% -1.35%
2014 -2.62% -1.76%
2013 -2.86% -2.44%
2012 -2.56% -2.39%
2011 -2.96% -4.14%
2010 -2.23% -6.22%
2009 -2.68% -6.86%
2008 -3.36% -4.6%
2007 -1.86% -3.05%
2006 -2.15% -1.36%
2005 -2.4% -0.69%
2004 -2.21% -3.39%
2003 -1.96% -2.29%
2002 -2.3% -2.59%
2001 -3.44% -3.2%
2000 -2.5% -3.99%
1999 -1.35% -3.58%
1998 -2.2% -5.33%
1997 -1.94% -5.19%
1996 -2.01% -4.74%
1995 -0.38% -3.32%
1994 0.03% -2.2%
1993 0.43% -0.35%
1992 0.36% -4.55%
1991 0.44% 3.23%
1990 -0.15% 1.03%
1989 - -2.87%
1988 - 8.4%
1987 - 2.37%
1986 - 5.72%
1985 - 6.36%
1984 - 15.2%
1983 - 9.35%
1982 - 0.36%
1981 - 0.61%
1980 - -1.95%
1979 - 0%
1978 - 0%
1977 - 0.23%
1976 - 0.66%
1975 - 0.41%
1974 - 0.51%
1973 - 1.53%
1972 - 1.21%
1971 - 0.89%
1970 - 0.52%
1969 - 0.93%
1968 - 1.65%
1967 - 1.23%
1966 - 0.91%
1965 - -1.29%
1964 - -3.11%
1963 - -1.61%
1962 - -4.86%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-02-20).

GeoRank.org/economy/bangladesh/romania | 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 Romania's deficit of $33.2B, or 8.68% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Romania ran a deficit in 33 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 3.55% of GDP for Romania.

Inflation comparison by year

Inflation
Bangladesh

Romania
1x
Year Consumer prices inflation
Bangladesh Romania
2024 9.7% 5.6%
2023 9% 10.4%
2022 6.1% 13.8%
2021 5.6% 5%
2020 5.6% 2.6%
2019 5.5% 3.8%
2018 5.8% 4.6%
2017 5.4% 1.3%
2016 5.9% -1.6%
2015 6.4% -0.6%
2014 7.3% 1.1%
2013 6.8% 4%
2012 8.9% 3.3%
2011 8.8% 5.8%
2010 7.3% 6.1%
2009 6.7% 5.6%
2008 9.9% 7.8%
2007 7.2% 4.8%
2006 7.2% 6.6%
2005 6.5% 9%
2004 8.1% 11.9%
2003 3.9% 15.4%
2002 2.4% 22.5%
2001 1.8% 34.5%
2000 3.6% 45.7%
1999 8.9% 45.8%
1998 6.7% 59.1%
1997 2.7% 154.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 17.5% in Romania. In 2024, inflation was 9.7% in Bangladesh and 5.6% in Romania.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $14.3M
Processed food, beverages & tobacco $472K
Raw agricultural goods $41K
Chemicals & pharma $7K
Machinery & equipment $5K
Romania
Export category Export value
Raw agricultural goods $77.5M
Chemicals & pharma $1.29M
Machinery & equipment $1.26M
Textiles & consumer goods $576K
Raw materials & minerals $377K
Wood & paper products $221K
Animal & marine products $180K
Metals $68K
Processed food, beverages & tobacco $23K
Miscellaneous $10K

Balance of trade

Bangladesh Romania
Current account balance
$1.43B
2024
-$31.2B
2024
Current account balance ranking
52/190
2024
185/190
2024
Current account balance, % of GDP
+0.32%
2024
-8.16%
2024
Goods imports
$63.8B
2024
$129B
2024
Goods exports
$47.3B
2024
$93.3B
2024
Service imports
$12.3B
2024
$30.2B
2024
Service exports
$7.47B
2024
$42.9B
2024
Imports of goods and services, % of GDP
16.3%
2024
41.6%
2024
Exports of goods and services, % of GDP
10.5%
2024
35.6%
2024

Economic freedom indices

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

Bangladesh Romania
Economic freedom 54.8 65.4
Economic freedom ranking 131/197 64/197
Property rights 32.1 81
Government integrity 22.7 50
Judicial effectiveness 36.7 67
Tax burden 79.9 89.1
Government spending 95.3 56.7
Fiscal health 68.4 21.4
Business freedom 52.7 74.4
Labor freedom 50.5 63.6
Monetary freedom 65.8 72.7
Trade freedom 63 79.4
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Bangladesh
Romania
1x
Year Economic freedom index
Bangladesh Romania
2026 54.8 65.4
2025 54.7 66.5
2024 54.4 64.4
2023 54.4 64.5
2022 52.7 67.1
2021 56.5 69.5
2020 56.4 69.7
2019 55.6 68.6
2018 55.1 69.4
2017 55 69.7
2016 53.3 65.6
2015 53.9 66.6
2014 54.1 65.5
2013 52.6 65.1
2012 53.2 64.4
2011 53 64.7
2010 51.1 64.2
2009 47.5 63.2
2008 44.2 61.7
2007 46.7 61.2
2006 52.9 58.2
2005 47.5 52.1
2004 50 50
2003 49.3 50.6
2002 51.9 48.7
2001 51.2 50
2000 48.9 52.1
1999 50 50.1
1998 52 54.4
1997 49.9 50.8
1996 51.1 46.2
1995 40.9 42.9

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Romania
Services, % of GDP
51.4%
2024
62.6%
2024
Industry, % of GDP
34.1%
2024
25.3%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
2.81%
2024
GNI, Atlas method
$490B
2024
$335B
2024
GNI per capita, PPP
$10,060
2024
$47,920
2024
Total reserves including gold
$21.4B
2024
$73.4B
2024
Total reserves ranking
61/177
2024
35/177
2024
Net foreign direct investment
-$1.49B
2024
-$5.17B
2024
Net inflows of foreign direct investment
$1.31B
2024
$7.16B
2024
Net outflows of foreign direct investment
$34.1M
2024
$1.99B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
19%
2023
Gross capital formation, % of GDP
30.7%
2024
25%
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/romania | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1962–2002, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2015–2024, retrieved 2026-02-08)
  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.