Bangladesh vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Bangladesh ranked 44th with $274B. By GDP 5-years average growth and GDP per capita, Singapore and Bangladesh ranked 76th vs 10th and 10th vs 155th, respectively.

Gross Domestic Product & Income

StatBangladeshSingapore
GDP$274B$364.2B
GDP growth, 1 year7.7%3.2%
GDP growth, 5-years average7.1%3.3%
Population164.7M5.9M
GDP per capita$1.7k$65k
GDP per capita growth6.74%2.66%
Purchasing Power Parity conversion factor31.90.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.64
GDP per capita, PPP adjusted$4.6k$100k
GNI, Atlas method$282B$331.4B
GNI per capita$1.8k$59k
GNI, PPP adjusted$737.6B$533.8B
GNI per capita, PPP adjusted$4.6k$95k

Financial system and Human development

StatBangladeshSingapore
Income Tax Rate25%22%
Corporate Tax Rate45%17%
Inflation, consumer prices5.6%0.4%
Inflation, GDP deflator5.6%1.9%
Unemployment4.3%3.8%
Economic Freedom Index56.489.4
Personal Freedom Index5.67.44
Human Freedom Index5.88.1
Property Rights Index4196.8
Judical Effectiveness Index36.192.9
Business Freedom Index52.392.8
Fiscal Health Index76.880
Labor Freedom Index68.490.9
Investment Freedom Index4585
Financial Freedom Index3080
Trade Freedom Index63.694.8
Monetary Freedom Index7085.6
Government Spending Index94.391.1
Tax Burden Index72.790.3
Government Integrity Index26.692.4
Corruption Perceptions Index2685
Life expectancy at birth, years72.182.9
Suicide mortality rate, per 100,000 people5.99.9
Mortality caused by road traffic injury, per 100,000 people15.32.8
Intentional homicides, per 100,000 people2.20.2
International tourism, number of arrivals1M14.7M

Government debt & reserves

StatBangladeshSingapore
Central government debt, % of GDP34.8%108.3%
External debt stocks, % of GNI18.2%N/A
External debt stocks$52.1BN/A
Short-term debt, % of total reserves28.2%N/A
Total debt service, % of exports and primary income6.3%N/A
Adjusted net savings including particulate emission damage, % of GNI24.5%36.8%
Gross savings, % of GDP33.3%45.8%
Gross capital formation, % of GDP31.2%26.6%
Total reserves including gold$32B$292.7B
Foreign direct investment net inflows$2.9B$82B

Exports, imports and economic structure

StatBangladeshSingapore
Exports of goods and services, % of GDP14.8%176.4%
Imports of goods and services, % of GDP23.4%149.8%
Current account balance (balance of payments)-$7.6B$65.1B
Revenue excluding grants, % of GDP10.2%18.8%
Grants excluding technical cooperation, BoP$1.3B$1.6M
Personal remittances received$15.6BN/A
Industry including construction value added, % of GDP28.5%25.2%
Agriculture, forestry and fishing value added, % of GDP13.1%0%
Charges for the use of intellectual property, payments BoP$39.7M$15.2B
Charges for the use of intellectual property, receipts BoP$444k$8.7B
Expense, % of GDP9.4%15.2%
Government Expenditure, % of GDP13.7%17.2%

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

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k