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Economy of Bangladesh vs Uganda compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $62B for Uganda, ranking 38/197 and 89/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $33.6B (54.2% of GDP) in Uganda.

Bangladesh vs Uganda GDP by year

Bangladesh
Uganda
1x
Year GDP, current $
Bangladesh Uganda
2025 $456,319,229,256 $61,985,829,288
2024 $450,119,432,069 $53,911,907,079
2023 $437,415,333,018 $48,768,955,863
2022 $460,131,689,083 $45,565,333,211
2021 $416,271,647,911 $40,529,788,749
2020 $373,979,442,362 $37,600,368,242
2019 $351,231,654,604 $35,353,061,003
2018 $321,362,752,442 $32,927,025,620
2017 $293,732,446,625 $30,744,473,841
2016 $265,224,515,675 $29,203,988,696
2015 $195,146,608,978 $32,387,183,730
2014 $172,886,611,654 $32,612,397,257
2013 $149,998,957,434 $28,915,786,517
2012 $133,310,747,603 $27,305,915,911
2011 $128,607,482,310 $27,871,725,241
2010 $115,275,540,051 $26,673,441,431
2009 $102,475,158,191 $25,127,805,567
2008 $91,636,997,371 $14,440,404,132
2007 $79,611,644,975 $11,902,564,495
2006 $71,795,736,172 $9,977,647,683
2005 $69,476,001,239 $9,239,221,763
2004 $65,108,544,250 $7,939,487,548
2003 $60,158,929,188 $6,606,884,275
2002 $54,724,081,491 $6,178,563,591
2001 $53,991,289,844 $5,840,503,869
2000 $53,369,787,319 $6,193,246,837
1999 $51,270,569,884 $5,998,563,258
1998 $49,984,559,471 $6,584,815,847
1997 $48,244,309,133 $6,269,333,313
1996 $46,438,484,108 $6,044,585,327
1995 $37,939,748,769 $5,755,818,842
1994 $33,768,660,883 $3,990,430,447
1993 $33,166,519,418 $3,220,439,044
1992 $31,708,874,594 $2,857,457,762
1991 $30,957,483,950 $3,321,729,160
1990 $31,598,340,778 $4,304,399,310
1989 $28,781,715,189 $5,276,480,799
1988 $26,579,005,558 $6,508,931,652
1987 $24,298,032,258 $6,269,522,042
1986 $21,774,033,333 $3,923,244,050
1985 $22,278,423,077 $3,519,695,444
1984 $18,920,840,000 $3,615,647,477
1983 $17,609,048,822 $2,240,333,333
1982 $18,525,399,202 $2,177,500,000
1981 $20,249,694,002 $1,337,300,000
1980 $18,138,049,096 $1,244,610,000
1979 $15,565,480,322 $2,139,025,000
1978 $13,281,767,143 $2,420,260,870
1977 $9,651,149,302 $2,936,470,588
1976 $10,117,113,333 $2,447,300,000
1975 $19,448,348,073 $2,359,555,556
1974 $12,512,460,520 $2,098,944,967
1973 $8,086,725,729 $1,701,829,789
1972 $6,288,245,867 $1,490,970,181
1971 $8,751,843,188 $1,417,191,656
1970 $8,992,722,167 $1,259,554,809
1969 $8,471,006,438 $1,168,556,629
1968 $7,483,685,771 $1,037,379,252
1967 $7,253,575,688 $967,240,655
1966 $6,439,687,854 $925,381,492
1965 $5,906,636,792 $884,502,310
1964 $5,386,054,833 $589,247,687
1963 $5,319,458,563 $516,315,231
1962 $5,081,413,542 $449,158,233
1961 $4,817,580,375 $441,667,335
1960 $4,274,894,083 $423,145,605

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bangladesh vs Uganda by year

Bangladesh
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $1,206 -
2024 $2,593 $9,647 $1,078 $3,273
2023 $2,551 $9,148 $1,002 $3,098
2022 $2,716 $8,451 $963 $2,919
2021 $2,483 $7,441 $883 $2,685
2020 $2,249 $6,641 $846 $2,532
2019 $2,130 $6,047 $822 $2,441
2018 $1,965 $5,490 $792 $2,312
2017 $1,811 $4,883 $765 $2,158
2016 $1,649 $4,579 $753 $2,165
2015 $1,224 $4,212 $863 $2,190
2014 $1,094 $3,973 $896 $2,134
2013 $958 $3,691 $818 $2,045
2012 $860 $3,434 $795 $2,032
2011 $837 $3,051 $836 $2,268
2010 $757 $2,834 $823 $2,092
2009 $679 $2,675 $799 $2,015
2008 $613 $2,555 $473 $1,931
2007 $538 $2,388 $401 $1,795
2006 $490 $2,195 $347 $1,660
2005 $480 $2,020 $330 $1,497
2004 $456 $1,862 $292.4 $1,405
2003 $427 $1,746 $250.7 $1,320
2002 $394 $1,659 $242 $1,255
2001 $395 $1,598 $236 $1,173
2000 $397 $1,512 $258.1 $1,124
1999 $388 $1,430 $257.9 $1,100
1998 $386 $1,373 $292.5 $1,037
1997 $379 $1,315 $286.8 $1,007
1996 $372 $1,261 $284.7 $969
1995 $309 $1,206 $278.5 $897
1994 $280.6 $1,145 $198.4 $809
1993 $280.8 $1,099 $165.6 $770
1992 $273.5 $1,045 $152.1 $719
1991 $272.1 $987 $183 $703
1990 $283.1 $941 $245 $666
1989 $263 - $310 -
1988 $247.9 - $395 -
1987 $231.5 - $393 -
1986 $212.1 - $253.6 -
1985 $222.2 - $234.3 -
1984 $193.4 - $247.5 -
1983 $184.7 - $157.5 -
1982 $199.6 - $157 -
1981 $224.2 - $98.6 -
1980 $206.1 - $93.8 -
1979 $181.1 - $164.5 -
1978 $158.3 - $190.7 -
1977 $117.9 - $237.6 -
1976 $126.7 - $203.3 -
1975 $249.8 - $201.2 -
1974 $165 - $183.7 -
1973 $109.7 - $152.7 -
1972 $87.8 - $137 -
1971 $124.5 - $133.5 -
1970 $130.2 - $122 -
1969 $125.9 - $116.7 -
1968 $114.4 - $106.9 -
1967 $114.2 - $102.8 -
1966 $104.4 - $101.4 -
1965 $98.6 - $100 -
1964 $92.6 - $68.6 -
1963 $94.1 - $62 -
1962 $92.6 - $55.5 -
1961 $90.4 - $56.2 -
1960 $82.5 - $55.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $1,206 in Uganda, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Uganda ranks 176th at $3,273.

Economic indicators

Bangladesh Uganda
Gross domestic product
$456B
2025
$62B
2025
GDP rank
38/197
2025
89/197
2025
GDP growth
3.49%
2024-2025
6.33%
2024-2025
GDP per capita
$2,597
2025
$1,206
2025
GDP per capita rank
151/197
2025
173/197
2025
GDP per capita, PPP
$9,647
2024
$3,273
2024
GDP per capita PPP rank
135/197
2024
176/197
2024
Government debt
$192B
2025
$33.6B
2025
Debt-to-GDP ratio
42%
2025
54.2%
2025
Government debt per person
$1,092
2025
$654
2025
Government debt per person rank
143/185
2025
157/185
2025
Average annual personal income after taxes
$2,829
2026
$1,595
2026
Market capitalization of domestic companies
$26.2B
2025
n/a
Income share by richest 10%
25.5%
2022
34.5%
2019
Income share by poorest 10%
3.7%
2022
2.4%
2019
Government expenditure, % of GDP
10.9%
2025
22.2%
2025
Consumer prices inflation
10%
2024-2025
3.6%
2024-2025
Central bank interest rate
10%
2024
9.75%
2024
Unemployment rate
3.64%
2024
3.42%
2021
Population
178936470
53495325

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Bangladesh Uganda
Government spending Government debt Government spending Government debt
2025 10.9% 42% 22.2% 54.2%
2024 12% 41% 18.4% 51.8%
2023 12.6% 39.7% 19.3% 50.4%
2022 13% 37.9% 19.5% 49.9%
2021 12.9% 35.6% 22% 50.3%
2020 13.3% 34.5% 21.4% 46.8%
2019 13.6% 32% 18.3% 38%
2018 13% 29.6% 16.2% 35%
2017 12.2% 28.3% 16.3% 33.6%
2016 11.6% 27.7% 15.2% 31.3%
2015 11.5% 28.2% 14.9% 28%
2014 11.7% 28.7% 13.6% 24.8%
2013 12.1% 28.3% 13.3% 22.1%
2012 11.7% 29.1% 13.1% 19.5%
2011 11.5% 29.4% 13.2% 18%
2010 10.6% 29.6% 15.4% 18.4%
2009 10.6% 33% 11.8% 14.8%
2008 11.5% 33.9% 12.9% 15.7%
2007 9.63% 35% 13.2% 17%
2006 10.1% 35.3% 13.7% 27.8%
2005 10.3% 35.6% 14.5% 42.6%
2004 9.88% 36.6% 15.6% 49%
2003 10.2% 37% 16.5% 55.1%
2002 10.4% 38.9% 16.8% 54.7%
2001 10.7% 37.1% 16.2% 51.4%
2000 9.76% 31.2% 15.2% 48.5%
1999 8.66% 32.7% 14.7% 47.7%
1998 9.82% 31.1% 14% 45.1%
1997 9.89% 29.1% 13.9% 44.2%
1996 9.79% 31% - -
1995 10.5% 32.9% - -
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/uganda | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Uganda spent $13.8B, or 22.2% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 54.2% in Uganda, ranking 124/185 and 93/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Uganda
1x
Year Deficit/surplus, % of GDP
Bangladesh Uganda
2025 -2.93% -7.13%
2024 -3.7% -3.93%
2023 -4.39% -4.87%
2022 -4.53% -5.44%
2021 -3.56% -7.76%
2020 -4.84% -7.76%
2019 -5.41% -4.82%
2018 -4.07% -3.02%
2017 -4.17% -3.83%
2016 -3.16% -2.64%
2015 -3.29% -2.59%
2014 -2.62% -2.74%
2013 -2.86% -3.19%
2012 -2.56% -2.39%
2011 -2.96% -2.04%
2010 -2.23% -4.64%
2009 -2.68% -1.61%
2008 -3.36% -1.99%
2007 -1.86% -0.82%
2006 -2.15% -0.64%
2005 -2.4% -0.17%
2004 -2.21% 0.34%
2003 -1.96% -0.97%
2002 -2.3% -2.07%
2001 -3.44% -0.99%
2000 -2.5% -0.62%
1999 -1.35% -1.24%
1998 -2.2% -0.7%
1997 -1.94% -0.83%
1996 -2.01% -
1995 -0.38% -
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/uganda | 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 Uganda's deficit of $4.42B, or 7.13% of GDP.

Over the past 29 years, Bangladesh recorded a fiscal deficit in 29 of those years, while Uganda ran a deficit in 28 years. On average, Bangladesh posted an annual deficit equal to 3.02% of GDP, compared to deficit of 2.8% of GDP for Uganda.

Inflation comparison by year

Inflation
Bangladesh

Uganda
1x
Year Consumer prices inflation
Bangladesh Uganda
2025 10% 3.6%
2024 9.7% 3.3%
2023 9% 5.4%
2022 6.1% 7.2%
2021 5.6% 2.2%
2020 5.6% 2.8%
2019 5.5% 2.1%
2018 5.8% 2.5%
2017 5.4% 5.6%
2016 5.9% 5.2%
2015 6.4% 3.7%
2014 7.3% 4.3%
2013 6.8% 5.5%
2012 8.9% 14%
2011 8.8% 18.7%
2010 7.3% 4%
2009 6.7% 13%
2008 9.9% 12%
2007 7.2% 6.1%
2006 7.2% 7.2%
2005 6.5% 8.6%
2004 8.1% 3.7%
2003 3.9% 8.7%
2002 2.4% -0.3%
2001 1.8% 1.9%
2000 3.6% 3.4%
1999 8.9% 5.8%
1998 6.7% 5.8%
1997 2.7% 7.7%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 5.99% in Uganda. In 2025, inflation was 10% in Bangladesh and 3.6% in Uganda.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $40M
Chemicals & pharma $750K
Machinery & equipment $69K
Processed food, beverages & tobacco $17K
Miscellaneous $8K
Wood & paper products $8K
Animal & marine products $4K
Uganda
Export category Export value
Textiles & consumer goods $5.67M
Raw agricultural goods $271K
Precious metals & jewellery $51K
Animal & marine products $13K
Metals $1K

Balance of trade

Bangladesh Uganda
Current account balance
-$239M
2025
-$4.19B
2024
Current account balance ranking
93/190
2025
160/190
2024
Current account balance, % of GDP
-0.05%
2025
-7.78%
2024
Goods imports
$66B
2025
$11.7B
2024
Goods exports
$43.8B
2025
$8.67B
2024
Service imports
$14.7B
2025
$4.45B
2024
Service exports
$8.42B
2025
$2.56B
2024
Imports of goods and services, % of GDP
16.8%
2025
28.8%
2025
Exports of goods and services, % of GDP
11.1%
2025
21.4%
2025

Economic freedom indices

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

Bangladesh Uganda
Economic freedom 54.8 52.4
Economic freedom ranking 131/197 149/197
Property rights 32.1 42.2
Government integrity 22.7 25.1
Judicial effectiveness 36.7 29.4
Tax burden 79.9 73.4
Government spending 95.3 89
Fiscal health 68.4 58.3
Business freedom 52.7 50.2
Labor freedom 50.5 55.9
Monetary freedom 65.8 77.1
Trade freedom 63 58
Investment freedom 50 30
Financial freedom 40 40

Economic freedom comparison by year

Bangladesh
Uganda
1x
Year Economic freedom index
Bangladesh Uganda
2026 54.8 52.4
2025 54.7 51.3
2024 54.4 50.7
2023 54.4 51.4
2022 52.7 54.2
2021 56.5 58.6
2020 56.4 59.5
2019 55.6 59.7
2018 55.1 62
2017 55 60.9
2016 53.3 59.3
2015 53.9 59.7
2014 54.1 59.9
2013 52.6 61.1
2012 53.2 61.9
2011 53 61.7
2010 51.1 62.2
2009 47.5 63.5
2008 44.2 63.8
2007 46.7 63.1
2006 52.9 63.9
2005 47.5 62.9
2004 50 64.1
2003 49.3 60.1
2002 51.9 61
2001 51.2 60.4
2000 48.9 58.2
1999 50 64.8
1998 52 64.7
1997 49.9 66.6
1996 51.1 66.2
1995 40.9 62.9

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Uganda
Services, % of GDP
52.1%
2025
42.1%
2025
Industry, % of GDP
34%
2025
24.3%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
26.1%
2025
GNI, Atlas method
$499B
2025
$57.8B
2025
GNI per capita, PPP
$10,710
2025
$3,410
2025
Total reserves including gold
$28.6B
2025
$3.48B
2024
Total reserves ranking
58/177
2025
116/177
2024
Net foreign direct investment
-$1.84B
2025
-$3.26B
2024
Net inflows of foreign direct investment
$1.28B
2024
$3.26B
2024
Net outflows of foreign direct investment
$34.1M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
2.97%
2024
Poverty at national poverty lines
18.7%
2022
16.1%
2023
Gross capital formation, % of GDP
28.5%
2025
22.6%
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/uganda | CC BY

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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 (2018–2024, 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.