Skip to content

Economy of Bangladesh vs Russia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $2.56T for Russia, ranking 38/197 and 8/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $440B (17.2% of GDP) in Russia.

Bangladesh vs Russia GDP by year

Bangladesh
Russia
1x
Year GDP, current $
Bangladesh Russia
2025 $456,319,229,256 $2,561,310,169,359
2024 $450,119,432,069 $2,186,462,268,813
2023 $437,415,333,018 $2,046,284,838,151
2022 $460,131,689,083 $2,292,495,097,681
2021 $416,271,647,911 $1,829,186,719,575
2020 $373,979,442,362 $1,493,075,894,362
2019 $351,231,654,604 $1,693,115,002,708
2018 $321,362,752,442 $1,657,328,773,461
2017 $293,732,446,625 $1,574,199,360,089
2016 $265,224,515,675 $1,276,786,350,881
2015 $195,146,608,978 $1,363,482,182,198
2014 $172,886,611,654 $2,059,241,589,895
2013 $149,998,957,434 $2,292,470,078,346
2012 $133,310,747,603 $2,208,293,553,878
2011 $128,607,482,310 $2,045,922,753,398
2010 $115,275,540,051 $1,524,916,715,224
2009 $102,475,158,191 $1,222,645,900,056
2008 $91,636,997,371 $1,660,848,058,303
2007 $79,611,644,975 $1,299,703,478,482
2006 $71,795,736,172 $989,932,071,353
2005 $69,476,001,239 $764,015,973,481
2004 $65,108,544,250 $591,016,690,732
2003 $60,158,929,188 $430,347,420,185
2002 $54,724,081,491 $345,470,494,418
2001 $53,991,289,844 $306,602,070,621
2000 $53,369,787,319 $259,710,142,197
1999 $51,270,569,884 $195,907,128,351
1998 $49,984,559,471 $270,955,486,862
1997 $48,244,309,133 $404,928,954,192
1996 $46,438,484,108 $391,724,890,744
1995 $37,939,748,769 $395,537,185,735
1994 $33,768,660,883 $395,077,301,248
1993 $33,166,519,418 $435,083,713,851
1992 $31,708,874,594 $460,290,556,901
1991 $30,957,483,950 $517,962,962,963
1990 $31,598,340,778 $517,014,446,228
1989 $28,781,715,189 $506,631,299,735
1988 $26,579,005,558 $554,828,660,436
1987 $24,298,032,258 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bangladesh vs Russia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $17,847 -
2024 $2,593 $9,647 $15,219 $47,362
2023 $2,551 $9,148 $14,227 $44,269
2022 $2,716 $8,451 $15,894 $40,939
2021 $2,483 $7,441 $12,637 $38,638
2020 $2,249 $6,641 $10,280 $31,491
2019 $2,130 $6,047 $11,640 $30,964
2018 $1,965 $5,490 $11,399 $28,629
2017 $1,811 $4,883 $10,835 $25,778
2016 $1,649 $4,579 $8,804 $24,012
2015 $1,224 $4,212 $9,427 $23,994
2014 $1,094 $3,973 $14,277 $25,688
2013 $958 $3,691 $15,941 $26,020
2012 $860 $3,434 $15,402 $24,274
2011 $837 $3,051 $14,305 $22,790
2010 $757 $2,834 $10,675 $20,490
2009 $679 $2,675 $8,563 $19,390
2008 $613 $2,555 $11,635 $20,164
2007 $538 $2,388 $9,101 $16,648
2006 $490 $2,195 $6,920 $14,912
2005 $480 $2,020 $5,323 $11,822
2004 $456 $1,862 $4,102 $10,227
2003 $427 $1,746 $2,975 $9,255
2002 $394 $1,659 $2,378 $8,037
2001 $395 $1,598 $2,100 $7,361
2000 $397 $1,512 $1,772 $6,825
1999 $388 $1,430 $1,331 $5,914
1998 $386 $1,373 $1,835 $5,465
1997 $379 $1,315 $2,738 $5,700
1996 $372 $1,261 $2,644 $5,518
1995 $309 $1,206 $2,666 $5,613
1994 $280.6 $1,145 $2,662 $5,734
1993 $280.8 $1,099 $2,931 $6,420
1992 $273.5 $1,045 $3,099 $6,862
1991 $272.1 $987 $3,490 $7,858
1990 $283.1 $941 $3,494 $8,028
1989 $263 - $3,430 -
1988 $247.9 - $3,778 -
1987 $231.5 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Russia ranks 50th at $47,362.

Economic indicators

Bangladesh Russia
Gross domestic product
$456B
2025
$2.56T
2025
GDP rank
38/197
2025
8/197
2025
GDP growth
3.49%
2024-2025
1%
2024-2025
GDP per capita
$2,597
2025
$17,847
2025
GDP per capita rank
151/197
2025
68/197
2025
GDP per capita, PPP
$9,647
2024
$47,362
2024
GDP per capita PPP rank
135/197
2024
50/197
2024
Government debt
$192B
2025
$440B
2025
Debt-to-GDP ratio
42%
2025
17.2%
2025
Government debt per person
$1,092
2025
$3,068
2025
Government debt per person rank
143/185
2025
105/185
2025
Average annual personal income after taxes
$2,829
2026
$11,183
2026
Market capitalization of domestic companies
$26.2B
2025
$650B
2023
Number of millionaires n/a
447,000
2026
Number of billionaires n/a
147
2026
Income share by richest 10%
25.5%
2022
25.1%
2023
Income share by poorest 10%
3.7%
2022
3.1%
2023
Government expenditure, % of GDP
10.9%
2025
39.1%
2025
Consumer prices inflation
10%
2024-2025
8.7%
2024-2025
Central bank interest rate
10%
2024
14.5%
2026
Unemployment rate
3.64%
2024
2.13%
2025
Population
178936470
142643173

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Bangladesh Russia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 39.1% 17.2%
2024 12% 41% 36.7% 14.8%
2023 12.6% 39.7% 36.1% 15.2%
2022 13% 37.9% 35.1% 15.1%
2021 12.9% 35.6% 34.9% 16.5%
2020 13.3% 34.5% 39.2% 19.2%
2019 13.6% 32% 33.8% 13.7%
2018 13% 29.6% 32.6% 13.6%
2017 12.2% 28.3% 34.8% 14.3%
2016 11.6% 27.7% 36.6% 14.8%
2015 11.5% 28.2% 35.3% 15.3%
2014 11.7% 28.7% 34.9% 15.1%
2013 12.1% 28.3% 34.7% 12.3%
2012 11.7% 29.1% 34% 11.2%
2011 11.5% 29.4% 33.3% 10.3%
2010 10.6% 29.6% 35.5% 10.1%
2009 10.6% 33% 38.6% 9.92%
2008 11.5% 33.9% 32% 7.45%
2007 9.63% 35% 31.9% 8.03%
2006 10.1% 35.3% 29% 9.8%
2005 10.3% 35.6% 29.5% 14.9%
2004 9.88% 36.6% 29.6% 20.8%
2003 10.2% 37% 32.6% 28.3%
2002 10.4% 38.9% 33.8% 37.6%
2001 10.7% 37.1% 31.5% 44.4%
2000 9.76% 31.2% 30.7% 55.9%
1999 8.66% 32.7% 34.3% 92.4%
1998 9.82% 31.1% 39.7% 135.2%
1997 9.89% 29.1% - 51.5%
1996 9.79% 31% - 51.9%
1995 10.5% 32.9% - 53.7%
1994 10% 35.5% - 63.5%
1993 9.74% 34.1% - 92.4%
1992 8.8% 33.1% - 116%
1991 8.86% 31.8% - -
1990 9.14% 31.5% - -

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/russia | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 17.2% in Russia, ranking 124/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Russia
1x
Year Deficit/surplus, % of GDP
Bangladesh Russia
2025 -2.93% -3.9%
2024 -3.7% -1.59%
2023 -4.39% -2.24%
2022 -4.53% -1.34%
2021 -3.56% 0.78%
2020 -4.84% -3.99%
2019 -5.41% 1.93%
2018 -4.07% 2.92%
2017 -4.17% -1.47%
2016 -3.16% -3.67%
2015 -3.29% -3.39%
2014 -2.62% -1.07%
2013 -2.86% -1.16%
2012 -2.56% 0.38%
2011 -2.96% 1.43%
2010 -2.23% -3.19%
2009 -2.68% -5.89%
2008 -3.36% 4.55%
2007 -1.86% 5.59%
2006 -2.15% 7.8%
2005 -2.4% 7.6%
2004 -2.21% 4.57%
2003 -1.96% 1.35%
2002 -2.3% 0.67%
2001 -3.44% 2.99%
2000 -2.5% 3.11%
1999 -1.35% -3.59%
1998 -2.2% -7.42%
1997 -1.94% -
1996 -2.01% -
1995 -0.38% -
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

GeoRank.org/economy/bangladesh/russia | 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 Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Bangladesh recorded a fiscal deficit in 28 of those years, while Russia ran a deficit in 14 years. On average, Bangladesh posted an annual deficit equal to 3.06% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Bangladesh

Russia
1x
Year Consumer prices inflation
Bangladesh Russia
2025 10% 8.7%
2024 9.7% 8.4%
2023 9% 5.9%
2022 6.1% 13.7%
2021 5.6% 6.7%
2020 5.6% 3.4%
2019 5.5% 4.5%
2018 5.8% 2.9%
2017 5.4% 3.7%
2016 5.9% 7%
2015 6.4% 15.5%
2014 7.3% 7.8%
2013 6.8% 6.8%
2012 8.9% 5.1%
2011 8.8% 8.4%
2010 7.3% 6.8%
2009 6.7% 11.6%
2008 9.9% 14.1%
2007 7.2% 9%
2006 7.2% 9.7%
2005 6.5% 12.7%
2004 8.1% 10.9%
2003 3.9% 13.7%
2002 2.4% 15.8%
2001 1.8% 21.5%
2000 3.6% 20.8%
1999 8.9% 85.7%
1998 6.7% 27.7%
1997 2.7% 14.8%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 13.2% in Russia. In 2025, inflation was 10% in Bangladesh and 8.7% in Russia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $502M
Animal & marine products $12.8M
Machinery & equipment $10.5M
Processed food, beverages & tobacco $1.5M
Wood & paper products $158K
Raw agricultural goods $57K
Chemicals & pharma $24K
Russia
Export category Export value
Machinery & equipment $990M
Manufacturing & construction services $774M
Raw agricultural goods $291M
Metals $286M
Raw materials & minerals $92.5M
Business & finance services $39.7M
Wood & paper products $32.3M
Chemicals & pharma $12.7M
Textiles & consumer goods $12.4M
Transport & tourism services $2.98M

Balance of trade

Bangladesh Russia
Current account balance
-$239M
2025
$43.1B
2025
Current account balance ranking
93/190
2025
14/190
2025
Current account balance, % of GDP
-0.05%
2025
+1.68%
2025
Goods imports
$66B
2025
$305B
2025
Goods exports
$43.8B
2025
$422B
2025
Service imports
$14.7B
2025
$94.8B
2025
Service exports
$8.42B
2025
$46.3B
2025
Imports of goods and services, % of GDP
16.8%
2025
15.5%
2025
Exports of goods and services, % of GDP
11.1%
2025
18.2%
2025

Economic freedom indices

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

Bangladesh Russia
Economic freedom 54.8 50.3
Economic freedom ranking 131/197 161/197
Property rights 32.1 18.6
Government integrity 22.7 22.8
Judicial effectiveness 36.7 22.8
Tax burden 79.9 81.9
Government spending 95.3 61.3
Fiscal health 68.4 94.4
Business freedom 52.7 51.4
Labor freedom 50.5 59.1
Monetary freedom 65.8 61.8
Trade freedom 63 69.4
Investment freedom 50 30
Financial freedom 40 30

Economic freedom comparison by year

Bangladesh
Russia
1x
Year Economic freedom index
Bangladesh Russia
2026 54.8 50.3
2025 54.7 51.6
2024 54.4 52
2023 54.4 53.8
2022 52.7 56.1
2021 56.5 61.5
2020 56.4 61
2019 55.6 58.9
2018 55.1 58.2
2017 55 57.1
2016 53.3 50.6
2015 53.9 52.1
2014 54.1 51.9
2013 52.6 51.1
2012 53.2 50.5
2011 53 50.5
2010 51.1 50.3
2009 47.5 50.8
2008 44.2 49.8
2007 46.7 52.2
2006 52.9 52.4
2005 47.5 51.3
2004 50 52.8
2003 49.3 50.8
2002 51.9 48.7
2001 51.2 49.8
2000 48.9 51.8
1999 50 54.5
1998 52 52.8
1997 49.9 48.6
1996 51.1 51.6
1995 40.9 51.1

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Russia
Services, % of GDP
52.1%
2025
58.9%
2025
Industry, % of GDP
34%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
3.06%
2025
GNI, Atlas method
$499B
2025
$2.33T
2025
GNI per capita, PPP
$10,710
2025
$49,220
2025
Total reserves including gold
$28.6B
2025
$608B
2024
Total reserves ranking
58/177
2025
6/177
2024
Net foreign direct investment
-$1.84B
2025
-$12.4B
2025
Net inflows of foreign direct investment
$1.28B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$34.1M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
2.63%
2024
Poverty at national poverty lines
18.7%
2022
7.2%
2024
Gross capital formation, % of GDP
28.5%
2025
25.9%
2025

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/russia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. International Monetary Fund (IMF) | Public Finances in Modern History (1885–2002, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2018–2021, 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.