Skip to content

Economy of Bangladesh vs Slovakia compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $155B for Slovakia, ranking 38/197 and 60/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Bangladesh vs Slovakia GDP by year

Bangladesh
Slovakia
1x
Year GDP, current $
Bangladesh Slovakia
2025 $456,319,229,256 $154,530,066,507
2024 $450,119,432,069 $140,934,076,532
2023 $437,415,333,018 $133,578,518,424
2022 $460,131,689,083 $115,792,972,358
2021 $416,271,647,911 $120,511,265,913
2020 $373,979,442,362 $107,732,602,896
2019 $351,231,654,604 $105,843,498,304
2018 $321,362,752,442 $106,611,673,365
2017 $293,732,446,625 $95,978,130,735
2016 $265,224,515,675 $90,347,173,229
2015 $195,146,608,978 $89,178,548,717
2014 $172,886,611,654 $101,713,075,599
2013 $149,998,957,434 $99,134,277,850
2012 $133,310,747,603 $94,724,394,278
2011 $128,607,482,310 $99,705,104,723
2010 $115,275,540,051 $91,112,160,801
2009 $102,475,158,191 $89,342,984,698
2008 $91,636,997,371 $96,685,492,864
2007 $79,611,644,975 $77,019,443,089
2006 $71,795,736,172 $57,111,148,619
2005 $69,476,001,239 $48,823,790,951
2004 $65,108,544,250 $42,960,730,480
2003 $60,158,929,188 $33,761,723,946
2002 $54,724,081,491 $24,768,142,566
2001 $53,991,289,844 $21,377,597,035
2000 $53,369,787,319 $20,626,538,612
1999 $51,270,569,884 $20,813,421,086
1998 $49,984,559,471 $22,911,708,405
1997 $48,244,309,133 $22,026,728,498
1996 $46,438,484,108 $21,864,845,214
1995 $37,939,748,769 $20,306,095,054
1994 $33,768,660,883 $16,187,735,322
1993 $33,166,519,418 $13,991,963,247
1992 $31,708,874,594 $12,932,972,789
1991 $30,957,483,950 $11,952,983,608
1990 $31,598,340,778 $17,068,924,602
1989 $28,781,715,189 -
1988 $26,579,005,558 -
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/slovakia | CC BY

GDP per capita in Bangladesh vs Slovakia by year

Bangladesh
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $28,544 -
2024 $2,593 $9,647 $25,993 $48,132
2023 $2,551 $9,148 $24,615 $45,974
2022 $2,716 $8,451 $21,318 $41,562
2021 $2,483 $7,441 $22,123 $38,346
2020 $2,249 $6,641 $19,735 $35,328
2019 $2,130 $6,047 $19,406 $33,986
2018 $1,965 $5,490 $19,573 $31,510
2017 $1,811 $4,883 $17,646 $30,246
2016 $1,649 $4,579 $16,636 $29,868
2015 $1,224 $4,212 $16,442 $30,148
2014 $1,094 $3,973 $18,771 $29,108
2013 $958 $3,691 $18,313 $28,075
2012 $860 $3,434 $17,517 $27,023
2011 $837 $3,051 $18,469 $26,202
2010 $757 $2,834 $16,899 $25,382
2009 $679 $2,675 $16,587 $23,077
2008 $613 $2,555 $17,974 $23,714
2007 $538 $2,388 $14,330 $21,232
2006 $490 $2,195 $10,629 $18,906
2005 $480 $2,020 $9,087 $16,570
2004 $456 $1,862 $7,997 $15,166
2003 $427 $1,746 $6,283 $14,088
2002 $394 $1,659 $4,606 $13,292
2001 $395 $1,598 $3,974 $12,367
2000 $397 $1,512 $3,828 $11,370
1999 $388 $1,430 $3,857 $10,726
1998 $386 $1,373 $4,250 $10,666
1997 $379 $1,315 $4,092 $10,137
1996 $372 $1,261 $4,069 $9,500
1995 $309 $1,206 $3,787 $8,812
1994 $280.6 $1,145 $3,028 $8,178
1993 $280.8 $1,099 $2,627 $7,569
1992 $273.5 $1,045 $2,438 $7,270
1991 $272.1 $987 $2,254 $7,623
1990 $283.1 $941 $3,221 $8,638
1989 $263 - - -
1988 $247.9 - - -
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/slovakia | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Slovakia ranks 49th at $48,132.

Economic indicators

Bangladesh Slovakia
Gross domestic product
$456B
2025
$155B
2025
GDP rank
38/197
2025
60/197
2025
GDP growth
3.49%
2024-2025
0.81%
2024-2025
GDP per capita
$2,597
2025
$28,544
2025
GDP per capita rank
151/197
2025
46/197
2025
GDP per capita, PPP
$9,647
2024
$48,132
2024
GDP per capita PPP rank
135/197
2024
49/197
2024
Government debt
$192B
2025
$95.3B
2025
Debt-to-GDP ratio
42%
2025
61.6%
2025
Government debt per person
$1,092
2025
$17,597
2025
Government debt per person rank
143/185
2025
36/185
2025
Average annual personal income after taxes
$2,829
2026
$17,518
2026
Market capitalization of domestic companies
$26.2B
2025
$5.38B
2014
Number of billionaires n/a
2
2026
Income share by richest 10%
25.5%
2022
18.8%
2023
Income share by poorest 10%
3.7%
2022
3.3%
2023
Government expenditure, % of GDP
10.9%
2025
48.7%
2025
Consumer prices inflation
10%
2024-2025
4%
2024-2025
Central bank interest rate
10%
2024
n/a
Unemployment rate
3.64%
2024
5.4%
2025
Population
178936470
5376239

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Bangladesh Slovakia
Government spending Government debt Government spending Government debt
2025 10.9% 42% 48.7% 61.6%
2024 12% 41% 47.5% 59.7%
2023 12.6% 39.7% 48.2% 55.8%
2022 13% 37.9% 43.1% 57.8%
2021 12.9% 35.6% 44.8% 60.2%
2020 13.3% 34.5% 44.5% 58.4%
2019 13.6% 32% 40.6% 48%
2018 13% 29.6% 39.7% 49.3%
2017 12.2% 28.3% 39.8% 51.4%
2016 11.6% 27.7% 40.9% 52.1%
2015 11.5% 28.2% 44.1% 51.6%
2014 11.7% 28.7% 42% 53.4%
2013 12.1% 28.3% 41.1% 54.6%
2012 11.7% 29.1% 40% 51.7%
2011 11.5% 29.4% 40.8% 43.3%
2010 10.6% 29.6% 41% 40.7%
2009 10.6% 33% 43.2% 36.4%
2008 11.5% 33.9% 36.5% 28.6%
2007 9.63% 35% 35.9% 30.4%
2006 10.1% 35.3% 38.2% 31.5%
2005 10.3% 35.6% 39.1% 35%
2004 9.88% 36.6% 38.4% 42%
2003 10.2% 37% 40% 43.6%
2002 10.4% 38.9% 46% 45.6%
2001 10.7% 37.1% 46.2% 51.4%
2000 9.76% 31.2% 53.2% 50.6%
1999 8.66% 32.7% 48.4% 47.1%
1998 9.82% 31.1% 46.2% 33.9%
1997 9.89% 29.1% 48.6% 32.8%
1996 9.79% 31% 52.8% 30.3%
1995 10.5% 32.9% 47.8% 21.3%
1994 10% 35.5% - -
1993 9.74% 34.1% - -
1992 8.8% 33.1% - -
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/slovakia | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 61.6% in Slovakia, ranking 124/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Slovakia
1x
Year Deficit/surplus, % of GDP
Bangladesh Slovakia
2025 -2.93% -5.02%
2024 -3.7% -5.5%
2023 -4.39% -5.3%
2022 -4.53% -1.56%
2021 -3.56% -5.09%
2020 -4.84% -5.3%
2019 -5.41% -1.21%
2018 -4.07% -1.01%
2017 -4.17% -0.98%
2016 -3.16% -2.59%
2015 -3.29% -2.78%
2014 -2.62% -3.25%
2013 -2.86% -2.86%
2012 -2.56% -4.37%
2011 -2.96% -4.36%
2010 -2.23% -7.44%
2009 -2.68% -8.18%
2008 -3.36% -2.54%
2007 -1.86% -2.26%
2006 -2.15% -3.57%
2005 -2.4% -2.86%
2004 -2.21% -2.36%
2003 -1.96% -2.28%
2002 -2.3% -8.35%
2001 -3.44% -7.74%
2000 -2.5% -12.7%
1999 -1.35% -7.25%
1998 -2.2% -5.37%
1997 -1.94% -6.24%
1996 -2.01% -9.72%
1995 -0.38% -3.43%
1994 0.03% -
1993 0.43% -
1992 0.36% -
1991 0.44% -
1990 -0.15% -

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

GeoRank.org/economy/bangladesh/slovakia | 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 Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Slovakia ran a deficit in 31 years. On average, Bangladesh posted an annual deficit equal to 2.9% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Bangladesh

Slovakia
1x
Year Consumer prices inflation
Bangladesh Slovakia
2025 10% 4%
2024 9.7% 2.76%
2023 9% 10.5%
2022 6.1% 12.8%
2021 5.6% 3.15%
2020 5.6% 1.94%
2019 5.5% 2.66%
2018 5.8% 2.51%
2017 5.4% 1.31%
2016 5.9% -0.52%
2015 6.4% -0.33%
2014 7.3% -0.08%
2013 6.8% 1.4%
2012 8.9% 3.61%
2011 8.8% 3.92%
2010 7.3% 0.96%
2009 6.7% 1.62%
2008 9.9% 4.6%
2007 7.2% 2.76%
2006 7.2% 4.48%
2005 6.5% 2.71%
2004 8.1% 7.55%
2003 3.9% 8.55%
2002 2.4% 3.13%
2001 1.8% 7.33%
2000 3.6% 12%
1999 8.9% 10.6%
1998 6.7% 6.67%
1997 2.7% 6.14%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 4.44% in Slovakia. In 2025, inflation was 10% in Bangladesh and 4% in Slovakia.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $87.4M
Chemicals & pharma $186K
Machinery & equipment $44K
Slovakia
Export category Export value
Machinery & equipment $1.83M
Chemicals & pharma $517K
Textiles & consumer goods $416K
Precious metals & jewellery $146K
Wood & paper products $64K
Raw materials & minerals $50K
Metals $47K
Animal & marine products $39K
Miscellaneous $1K
Processed food, beverages & tobacco $1K

Balance of trade

Bangladesh Slovakia
Current account balance
-$239M
2025
-$5.6B
2025
Current account balance ranking
93/190
2025
165/190
2025
Current account balance, % of GDP
-0.05%
2025
-3.63%
2025
Goods imports
$66B
2025
$117B
2025
Goods exports
$43.8B
2025
$117B
2025
Service imports
$14.7B
2025
$14.3B
2025
Service exports
$8.42B
2025
$14.7B
2025
Imports of goods and services, % of GDP
16.8%
2025
85.2%
2025
Exports of goods and services, % of GDP
11.1%
2025
85.1%
2025

Economic freedom indices

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

Bangladesh Slovakia
Economic freedom 54.8 67.7
Economic freedom ranking 131/197 54/197
Property rights 32.1 82.6
Government integrity 22.7 57.2
Judicial effectiveness 36.7 70.5
Tax burden 79.9 75.4
Government spending 95.3 36.4
Fiscal health 68.4 69.6
Business freedom 52.7 71.1
Labor freedom 50.5 55.1
Monetary freedom 65.8 69.7
Trade freedom 63 79.4
Investment freedom 50 75
Financial freedom 40 70

Economic freedom comparison by year

Bangladesh
Slovakia
1x
Year Economic freedom index
Bangladesh Slovakia
2026 54.8 67.7
2025 54.7 68.4
2024 54.4 68.1
2023 54.4 69
2022 52.7 69.7
2021 56.5 66.3
2020 56.4 66.8
2019 55.6 65
2018 55.1 65.3
2017 55 65.7
2016 53.3 66.6
2015 53.9 67.2
2014 54.1 66.4
2013 52.6 68.7
2012 53.2 67
2011 53 69.5
2010 51.1 69.7
2009 47.5 69.4
2008 44.2 70
2007 46.7 69.6
2006 52.9 69.8
2005 47.5 66.8
2004 50 64.6
2003 49.3 59
2002 51.9 59.8
2001 51.2 58.5
2000 48.9 53.8
1999 50 54.2
1998 52 57.5
1997 49.9 55.5
1996 51.1 57.6
1995 40.9 60.4

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Slovakia
Services, % of GDP
52.1%
2025
59.8%
2025
Industry, % of GDP
34%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
1.59%
2025
GNI, Atlas method
$499B
2025
$143B
2025
GNI per capita, PPP
$10,710
2025
$47,920
2025
Total reserves including gold
$28.6B
2025
$18.2B
2025
Total reserves ranking
58/177
2025
69/177
2025
Net foreign direct investment
-$1.84B
2025
-$198M
2025
Net inflows of foreign direct investment
$1.28B
2024
$5.01B
2024
Net outflows of foreign direct investment
$34.1M
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
13.7%
2021
Gross capital formation, % of GDP
28.5%
2025
20.1%
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/slovakia | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-07-08)
  6. TradeMap (2018–2025, 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.