Bangladesh vs Thailand: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Bangladesh ranked 44th with $274B. By GDP 5-years average growth and GDP per capita, Thailand and Bangladesh ranked 86th vs 10th and 89th vs 155th, respectively.

Gross Domestic Product & Income

StatBangladeshThailand
GDP$274B$505B
GDP growth, 1 year7.7%4.1%
GDP growth, 5-years average7.1%3.1%
Population164.7M65.9M
GDP per capita$1.7k$7.3k
GDP per capita growth6.74%3.8%
Purchasing Power Parity conversion factor31.912.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.38
GDP per capita, PPP adjusted$4.6k$19k
GNI, Atlas method$282B$458.7B
GNI per capita$1.8k$6.6k
GNI, PPP adjusted$737.6B$1.3T
GNI per capita, PPP adjusted$4.6k$18k

Financial system and Human development

StatBangladeshThailand
Income Tax Rate25%35%
Corporate Tax Rate45%20%
Inflation, consumer prices5.6%1.1%
Inflation, GDP deflator5.6%1.4%
Unemployment4.3%0.7%
Economic Freedom Index56.469.4
Personal Freedom Index5.67.42
Human Freedom Index5.87.11
Property Rights Index4159.5
Judical Effectiveness Index36.148
Business Freedom Index52.383
Fiscal Health Index76.896.4
Labor Freedom Index68.463.7
Investment Freedom Index4555
Financial Freedom Index3060
Trade Freedom Index63.683
Monetary Freedom Index7074
Government Spending Index94.385.9
Tax Burden Index72.780.7
Government Integrity Index26.643.4
Corruption Perceptions Index2636
Life expectancy at birth, years72.176.7
Suicide mortality rate, per 100,000 people5.914.4
Mortality caused by road traffic injury, per 100,000 people15.332.7
Intentional homicides, per 100,000 people2.23.2
International tourism, number of arrivals1M38.2M

Government debt & reserves

StatBangladeshThailand
Central government debt, % of GDP34.8%42.1%
External debt stocks, % of GNI18.2%35.1%
External debt stocks$52.1B$169.2B
Short-term debt, % of total reserves28.2%29.3%
Total debt service, % of exports and primary income6.3%5.4%
Adjusted net savings including particulate emission damage, % of GNI24.5%14%
Gross savings, % of GDP33.3%32.2%
Gross capital formation, % of GDP31.2%25%
Total reserves including gold$32B$205.6B
Foreign direct investment net inflows$2.9B$13.4B

Exports, imports and economic structure

StatBangladeshThailand
Exports of goods and services, % of GDP14.8%66.8%
Imports of goods and services, % of GDP23.4%56.5%
Current account balance (balance of payments)-$7.6B$32.4B
Revenue excluding grants, % of GDP10.2%19.5%
Grants excluding technical cooperation, BoP$1.3B$90.4M
Personal remittances received$15.6B$7.5B
Industry including construction value added, % of GDP28.5%35%
Agriculture, forestry and fishing value added, % of GDP13.1%8.1%
Charges for the use of intellectual property, payments BoP$39.7M$5.3B
Charges for the use of intellectual property, receipts BoP$444k$163M
Expense, % of GDP9.4%18.5%
Government Expenditure, % of GDP13.7%21.7%

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

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M