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Economy of Bangladesh vs Ukraine compared: GDP & Debt

Updated on by Georank

Bangladesh has a GDP of $456B compared to $214B for Ukraine, ranking 38/197 and 57/197 by economy size, respectively.

Bangladesh has $192B in government debt (42% of GDP), compared to $233B (108.7% of GDP) in Ukraine.

Bangladesh vs Ukraine GDP by year

Bangladesh
Ukraine
1x
Year GDP, current $
Bangladesh Ukraine
2025 $456,319,229,256 $214,233,312,784
2024 $450,119,432,069 $190,833,835,445
2023 $437,415,333,018 $181,221,517,869
2022 $460,131,689,083 $161,989,520,721
2021 $416,271,647,911 $199,765,859,571
2020 $373,979,442,362 $156,617,722,013
2019 $351,231,654,604 $153,883,047,510
2018 $321,362,752,442 $130,891,088,294
2017 $293,732,446,625 $112,090,505,082
2016 $265,224,515,675 $93,355,869,404
2015 $195,146,608,978 $91,030,967,789
2014 $172,886,611,654 $133,503,871,862
2013 $149,998,957,434 $190,498,811,460
2012 $133,310,747,603 $182,591,753,828
2011 $128,607,482,310 $169,333,835,202
2010 $115,275,540,051 $141,209,170,427
2009 $102,475,158,191 $121,552,153,444
2008 $91,636,997,371 $188,110,390,660
2007 $79,611,644,975 $148,733,861,386
2006 $71,795,736,172 $111,884,752,475
2005 $69,476,001,239 $89,238,865,119
2004 $65,108,544,250 $67,220,154,164
2003 $60,158,929,188 $52,010,355,753
2002 $54,724,081,491 $43,956,163,612
2001 $53,991,289,844 $39,309,580,983
2000 $53,369,787,319 $32,375,083,935
1999 $51,270,569,884 $31,580,639,554
1998 $49,984,559,471 $41,882,523,345
1997 $48,244,309,133 $50,151,531,592
1996 $46,438,484,108 $44,558,831,005
1995 $37,939,748,769 $48,213,856,469
1994 $33,768,660,883 $52,549,580,265
1993 $33,166,519,418 $65,648,559,903
1992 $31,708,874,594 $73,945,908,384
1991 $30,957,483,950 $77,350,733,982
1990 $31,598,340,778 $81,393,558,423
1989 $28,781,715,189 $82,709,161,099
1988 $26,579,005,558 $74,703,517,903
1987 $24,298,032,258 $64,087,694,038
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/ukraine | CC BY

GDP per capita in Bangladesh vs Ukraine by year

Bangladesh
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,597 - $5,496 -
2024 $2,593 $9,647 $5,040 $18,549
2023 $2,551 $9,148 $4,803 $17,665
2022 $2,716 $8,451 $3,946 $14,770
2021 $2,483 $7,441 $4,510 $17,846
2020 $2,249 $6,641 $3,505 $15,541
2019 $2,130 $6,047 $3,423 $14,217
2018 $1,965 $5,490 $2,895 $12,555
2017 $1,811 $4,883 $2,467 $11,536
2016 $1,649 $4,579 $2,047 $10,865
2015 $1,224 $4,212 $1,988 $9,922
2014 $1,094 $3,973 $2,904 $10,494
2013 $958 $3,691 $4,130 $10,904
2012 $860 $3,434 $3,951 $9,552
2011 $837 $3,051 $3,657 $9,127
2010 $757 $2,834 $3,040 $8,453
2009 $679 $2,675 $2,607 $7,995
2008 $613 $2,555 $4,018 $9,324
2007 $538 $2,388 $3,160 $8,900
2006 $490 $2,195 $2,366 $7,971
2005 $480 $2,020 $1,875 $7,142
2004 $456 $1,862 $1,401 $6,663
2003 $427 $1,746 $1,076 $5,764
2002 $394 $1,659 $903 $5,123
2001 $395 $1,598 $800 $4,747
2000 $397 $1,512 $653 $4,228
1999 $388 $1,430 $632 $3,871
1998 $386 $1,373 $831 $3,794
1997 $379 $1,315 $987 $3,794
1996 $372 $1,261 $870 $3,812
1995 $309 $1,206 $933 $4,124
1994 $280.6 $1,145 $1,009 $4,565
1993 $280.8 $1,099 $1,254 $5,766
1992 $273.5 $1,045 $1,413 $6,568
1991 $272.1 $987 $1,483 $7,148
1990 $283.1 $941 $1,564 $7,591
1989 $263 - $1,593 -
1988 $247.9 - $1,444 -
1987 $231.5 - $1,244 -
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/ukraine | CC BY

Bangladesh's GDP per capita is $2,597, ranking 151/197, compared to $5,496 in Ukraine, ranking 118/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Ukraine ranks 101st at $18,549.

Economic indicators

Bangladesh Ukraine
Gross domestic product
$456B
2025
$214B
2025
GDP rank
38/197
2025
57/197
2025
GDP growth
3.49%
2024-2025
1.82%
2024-2025
GDP per capita
$2,597
2025
$5,496
2025
GDP per capita rank
151/197
2025
118/197
2025
GDP per capita, PPP
$9,647
2024
$18,549
2024
GDP per capita PPP rank
135/197
2024
101/197
2024
Government debt
$192B
2025
$233B
2025
Debt-to-GDP ratio
42%
2025
108.7%
2025
Government debt per person
$1,092
2025
$5,977
2025
Government debt per person rank
143/185
2025
76/185
2025
Average annual personal income after taxes
$2,829
2026
$5,580
2026
Market capitalization of domestic companies
$26.2B
2025
$4.42B
2018
Number of billionaires n/a
7
2026
Income share by richest 10%
25.5%
2022
21.7%
2020
Income share by poorest 10%
3.7%
2022
4.3%
2020
Government expenditure, % of GDP
10.9%
2025
74.5%
2025
Consumer prices inflation
10%
2024-2025
12.7%
2024-2025
Central bank interest rate
10%
2024
15.5%
2025
Unemployment rate
3.64%
2024
9.83%
2021
Population
178936470
40408451

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Bangladesh Ukraine
Government spending Government debt Government spending Government debt
2025 10.9% 42% 74.5% 108.7%
2024 12% 41% 71.2% 89.7%
2023 12.6% 39.7% 73.4% 81.2%
2022 13% 37.9% 65.4% 77.7%
2021 12.9% 35.6% 40.5% 48.9%
2020 13.3% 34.5% 45.6% 60.5%
2019 13.6% 32% 41.5% 50.5%
2018 13% 29.6% 41.9% 60.4%
2017 12.2% 28.3% 41.7% 71.6%
2016 11.6% 27.7% 40.8% 79.5%
2015 11.5% 28.2% 43% 79.3%
2014 11.7% 28.7% 44.8% 70.3%
2013 12.1% 28.3% 46.3% 39%
2012 11.7% 29.1% 47.1% 36.1%
2011 11.5% 29.4% 44% 35.5%
2010 10.6% 29.6% 47.3% 39.1%
2009 10.6% 33% 46.8% 34.1%
2008 11.5% 33.9% 45.4% 19.7%
2007 9.63% 35% 42.1% 11.8%
2006 10.1% 35.3% 42.9% 14.3%
2005 10.3% 35.6% 42.6% 17.1%
2004 9.88% 36.6% 40.1% 23.9%
2003 10.2% 37% 37.5% 28.3%
2002 10.4% 38.9% 36.5% 32.3%
2001 10.7% 37.1% 35.3% 35.3%
2000 9.76% 31.2% 35.4% 43.7%
1999 8.66% 32.7% 26.7% 61%
1998 9.82% 31.1% 38.4% 48.1%
1997 9.89% 29.1% 42.2% 29.9%
1996 9.79% 31% 38.2% 24.4%
1995 10.5% 32.9% 42.7% 30.2%
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/ukraine | CC BY

In 2025, Bangladesh's government spending was $49.6B, accounting for 10.9% of its GDP, while Ukraine spent $160B, or 74.5% of GDP.

Debt-to-GDP ratio is 42% in Bangladesh and 108.7% in Ukraine, ranking 124/185 and 16/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Ukraine
1x
Year Deficit/surplus, % of GDP
Bangladesh Ukraine
2025 -2.93% -23.3%
2024 -3.7% -17.2%
2023 -4.39% -19.3%
2022 -4.53% -15.6%
2021 -3.56% -3.97%
2020 -4.84% -5.92%
2019 -5.41% -2.08%
2018 -4.07% -2.12%
2017 -4.17% -2.36%
2016 -3.16% -2.46%
2015 -3.29% -1.16%
2014 -2.62% -4.46%
2013 -2.86% -4.6%
2012 -2.56% -4.15%
2011 -2.96% -2.66%
2010 -2.23% -5.56%
2009 -2.68% -6.04%
2008 -3.36% -3.02%
2007 -1.86% -1.89%
2006 -2.15% -1.31%
2005 -2.4% -2.19%
2004 -2.21% -4.25%
2003 -1.96% -0.86%
2002 -2.3% -1.77%
2001 -3.44% -2.92%
2000 -2.5% -3.18%
1999 -1.35% 5.12%
1998 -2.2% -2.78%
1997 -1.94% -5.56%
1996 -2.01% -3.2%
1995 -0.38% -4.88%
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/ukraine | 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 Ukraine's deficit of $50B, or 23.3% of GDP.

Over the past 31 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Ukraine ran a deficit in 30 years. On average, Bangladesh posted an annual deficit equal to 2.9% of GDP, compared to deficit of 5.02% of GDP for Ukraine.

Inflation comparison by year

Inflation
Bangladesh

Ukraine
1x
Year Consumer prices inflation
Bangladesh Ukraine
2025 10% 12.7%
2024 9.7% 6.5%
2023 9% 12.9%
2022 6.1% 20.2%
2021 5.6% 9.4%
2020 5.6% 2.7%
2019 5.5% 7.9%
2018 5.8% 10.9%
2017 5.4% 14.4%
2016 5.9% 13.9%
2015 6.4% 48.7%
2014 7.3% 12.1%
2013 6.8% -0.3%
2012 8.9% 0.6%
2011 8.8% 8%
2010 7.3% 9.4%
2009 6.7% 15.9%
2008 9.9% 25.2%
2007 7.2% 12.8%
2006 7.2% 9.1%
2005 6.5% 13.5%
2004 8.1% 9%
2003 3.9% 5.2%
2002 2.4% 0.8%
2001 1.8% 12%
2000 3.6% 28.2%
1999 8.9% 22.7%
1998 6.7% 10.6%
1997 2.7% 15.9%

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

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

Over the past 29 years, Bangladesh has recorded an average annual inflation rate of 6.54%, compared with 12.8% in Ukraine. In 2025, inflation was 10% in Bangladesh and 12.7% in Ukraine.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $21M
Animal & marine products $402K
Processed food, beverages & tobacco $399K
Miscellaneous $38K
Machinery & equipment $7K
Ukraine
Export category Export value
Raw agricultural goods $192M
Processed food, beverages & tobacco $7.64M
Animal & marine products $3.91M
Miscellaneous $3.25M
Machinery & equipment $3.07M
Chemicals & pharma $2.15M
Metals $1.28M
Textiles & consumer goods $422K
Raw materials & minerals $30K
Wood & paper products $4K

Balance of trade

Bangladesh Ukraine
Current account balance
-$239M
2025
-$15.2B
2024
Current account balance ranking
93/190
2025
180/190
2024
Current account balance, % of GDP
-0.05%
2025
-7.96%
2024
Goods imports
$66B
2025
$72.3B
2024
Goods exports
$43.8B
2025
$39.3B
2024
Service imports
$14.7B
2025
$23.1B
2024
Service exports
$8.42B
2025
$17.3B
2024
Imports of goods and services, % of GDP
16.8%
2025
51.8%
2025
Exports of goods and services, % of GDP
11.1%
2025
25.3%
2025

Economic freedom indices

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

Bangladesh Ukraine
Economic freedom 54.8 54.1
Economic freedom ranking 131/197 135/197
Property rights 32.1 21.6
Government integrity 22.7 35
Judicial effectiveness 36.7 28.2
Tax burden 79.9 83.7
Government spending 95.3 0
Fiscal health 68.4 3.9
Business freedom 52.7 57.4
Labor freedom 50.5 46.9
Monetary freedom 65.8 65.7
Trade freedom 63 73
Investment freedom 50 35
Financial freedom 40 30

Economic freedom comparison by year

Bangladesh
Ukraine
1x
Year Economic freedom index
Bangladesh Ukraine
2026 54.8 -
2025 54.7 -
2024 54.4 -
2023 54.4 -
2022 52.7 54.1
2021 56.5 56.2
2020 56.4 54.9
2019 55.6 52.3
2018 55.1 51.9
2017 55 48.1
2016 53.3 46.8
2015 53.9 46.9
2014 54.1 49.3
2013 52.6 46.3
2012 53.2 46.1
2011 53 45.8
2010 51.1 46.4
2009 47.5 48.8
2008 44.2 51
2007 46.7 51.5
2006 52.9 54.4
2005 47.5 55.8
2004 50 53.7
2003 49.3 51.1
2002 51.9 48.2
2001 51.2 48.5
2000 48.9 47.8
1999 50 43.7
1998 52 40.4
1997 49.9 43.5
1996 51.1 40.6
1995 40.9 39.9

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

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Ukraine
Services, % of GDP
52.1%
2025
61%
2025
Industry, % of GDP
34%
2025
17.9%
2025
Agriculture, forestry, and fishing, % of GDP
11.4%
2025
7.57%
2025
GNI, Atlas method
$499B
2025
$201B
2025
GNI per capita, PPP
$10,710
2025
$18,750
2025
Total reserves including gold
$28.6B
2025
$57.3B
2025
Total reserves ranking
58/177
2025
43/177
2025
Net foreign direct investment
-$1.84B
2025
-$3.71B
2024
Net inflows of foreign direct investment
$1.28B
2024
$4.02B
2024
Net outflows of foreign direct investment
$34.1M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
5.4%
2024
Poverty at national poverty lines
18.7%
2022
23.2%
2020
Gross capital formation, % of GDP
28.5%
2025
20.8%
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/ukraine | 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.