Skip to content

Economy of Bangladesh vs Uruguay compared: GDP & Debt

Updated on by Georank team

Bangladesh has a GDP of $450B compared to $81B for Uruguay, ranking 36/197 and 81/197 by economy size, respectively.

Bangladesh has $184B in government debt (41% of GDP), compared to $55.6B (68.7% of GDP) in Uruguay.

Bangladesh vs Uruguay GDP by year

Bangladesh
Uruguay
1x
Year GDP, current $
Bangladesh Uruguay
2024 $450,119,432,069 $80,961,511,074
2023 $437,415,333,018 $77,991,666,838
2022 $460,131,689,083 $70,594,110,920
2021 $416,271,647,911 $60,739,084,241
2020 $373,979,442,362 $53,559,359,262
2019 $351,231,654,604 $62,222,313,619
2018 $321,362,752,442 $65,344,577,416
2017 $293,732,446,625 $65,005,997,963
2016 $265,224,515,675 $57,480,787,465
2015 $195,146,608,978 $57,680,327,999
2014 $172,886,611,654 $61,496,186,974
2013 $149,998,957,434 $61,337,621,934
2012 $133,310,747,603 $54,232,266,359
2011 $128,607,482,310 $50,342,406,067
2010 $115,275,540,051 $41,950,361,212
2009 $102,475,158,191 $32,708,319,078
2008 $91,636,997,371 $31,119,602,539
2007 $79,611,644,975 $23,797,773,024
2006 $71,795,736,172 $19,741,420,740
2005 $69,476,001,239 $17,362,857,684
2004 $65,108,544,250 $13,686,329,890
2003 $60,158,929,188 $12,045,638,352
2002 $54,724,081,491 $13,606,515,723
2001 $53,991,289,844 $20,898,761,742
2000 $53,369,787,319 $22,823,270,892
1999 $51,270,569,884 $23,983,945,191
1998 $49,984,559,471 $25,385,886,978
1997 $48,244,309,133 $23,969,739,234
1996 $46,438,484,108 $20,515,458,114
1995 $37,939,748,769 $19,297,663,097
1994 $33,768,660,883 $17,474,588,896
1993 $33,166,519,418 $15,002,136,971
1992 $31,708,874,594 $12,878,148,791
1991 $30,957,483,950 $11,206,176,651
1990 $31,598,340,778 $9,298,807,850
1989 $28,781,715,189 $8,438,951,476
1988 $26,579,005,558 $8,213,538,369
1987 $24,298,032,258 $7,367,494,080
1986 $21,774,033,333 $5,880,112,788
1985 $22,278,423,077 $4,732,017,873
1984 $18,920,840,000 $4,850,238,550
1983 $17,609,048,822 $5,102,276,308
1982 $18,525,399,202 $9,178,780,077
1981 $20,249,694,002 $11,048,301,421
1980 $18,138,049,096 $10,163,020,116
1979 $15,565,480,322 $7,181,182,224
1978 $13,281,767,143 $4,910,254,566
1977 $9,651,149,302 $4,114,670,014
1976 $10,117,113,333 $3,667,161,241
1975 $19,448,348,073 $3,538,278,047
1974 $12,512,460,520 $4,090,209,682
1973 $8,086,725,729 $3,964,296,443
1972 $6,288,245,867 $2,189,418,689
1971 $8,751,843,188 $2,807,258,065
1970 $8,992,722,167 $2,137,096,774
1969 $8,471,006,438 $2,004,435,484
1968 $7,483,685,771 $1,593,674,185
1967 $7,253,575,688 $1,597,713,469
1966 $6,439,687,854 $1,809,185,094
1965 $5,906,636,792 $1,890,767,156
1964 $5,386,054,833 $1,975,701,816
1963 $5,319,458,563 $1,539,681,491
1962 $5,081,413,542 $1,710,004,407
1961 $4,817,580,375 $1,547,388,781
1960 $4,274,894,083 $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bangladesh vs Uruguay by year

Bangladesh
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bangladesh Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,593 $9,647 $23,907 $36,418
2023 $2,551 $9,148 $23,019 $34,471
2022 $2,716 $8,451 $20,819 $33,001
2021 $2,483 $7,441 $17,882 $29,432
2020 $2,249 $6,641 $15,758 $25,725
2019 $2,130 $6,047 $18,316 $25,783
2018 $1,965 $5,490 $19,250 $24,386
2017 $1,811 $4,883 $19,185 $23,607
2016 $1,649 $4,579 $17,010 $22,841
2015 $1,224 $4,212 $17,126 $22,169
2014 $1,094 $3,973 $18,322 $21,868
2013 $958 $3,691 $18,335 $20,661
2012 $860 $3,434 $16,260 $19,495
2011 $837 $3,051 $15,132 $19,135
2010 $757 $2,834 $12,641 $17,873
2009 $679 $2,675 $9,881 $16,422
2008 $613 $2,555 $9,424 $15,694
2007 $538 $2,388 $7,222 $14,397
2006 $490 $2,195 $6,001 $13,179
2005 $480 $2,020 $5,284 $12,296
2004 $456 $1,862 $4,169 $11,103
2003 $427 $1,746 $3,671 $10,303
2002 $394 $1,659 $4,150 $10,030
2001 $395 $1,598 $6,383 $10,719
2000 $397 $1,512 $6,988 $10,929
1999 $388 $1,430 $7,371 $10,938
1998 $386 $1,373 $7,837 $11,002
1997 $379 $1,315 $7,436 $10,461
1996 $372 $1,261 $6,398 $9,524
1995 $309 $1,206 $6,050 $8,906
1994 $280.6 $1,145 $5,508 $8,897
1993 $280.8 $1,099 $4,753 $8,162
1992 $273.5 $1,045 $4,102 $7,808
1991 $272.1 $987 $3,589 $7,112
1990 $283.1 $941 $2,995 $6,683
1989 $263 - $2,734 -
1988 $247.9 - $2,677 -
1987 $231.5 - $2,416 -
1986 $212.1 - $1,939 -
1985 $222.2 - $1,568 -
1984 $193.4 - $1,615 -
1983 $184.7 - $1,707 -
1982 $199.6 - $3,085 -
1981 $224.2 - $3,728 -
1980 $206.1 - $3,443 -
1979 $181.1 - $2,443 -
1978 $158.3 - $1,678 -
1977 $117.9 - $1,414 -
1976 $126.7 - $1,268 -
1975 $249.8 - $1,232 -
1974 $165 - $1,433 -
1973 $109.7 - $1,397 -
1972 $87.8 - $776 -
1971 $124.5 - $1,000 -
1970 $130.2 - $766 -
1969 $125.9 - $723 -
1968 $114.4 - $579 -
1967 $114.2 - $585 -
1966 $104.4 - $668 -
1965 $98.6 - $705 -
1964 $92.6 - $745 -
1963 $94.1 - $587 -
1962 $92.6 - $659 -
1961 $90.4 - $604 -
1960 $82.5 - $491 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Bangladesh's GDP per capita is $2,593, ranking 146/197, compared to $23,907 in Uruguay, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Bangladesh ranks 135th at $9,647, while Uruguay ranks 61st at $36,418.

Economic indicators

Bangladesh Uruguay
Gross domestic product
$450B
2024
$81B
2024
GDP rank
36/197
2024
81/197
2024
GDP growth
4.22%
2023-2024
3.11%
2023-2024
GDP per capita
$2,593
2024
$23,907
2024
GDP per capita rank
146/197
2024
52/197
2024
GDP per capita, PPP
$9,647
2024
$36,418
2024
GDP per capita PPP rank
135/197
2024
61/197
2024
Government debt
$184B
2024
$55.6B
2024
Debt-to-GDP ratio
41%
2024
68.7%
2024
Government debt per person
$1,063
2024
$16,421
2024
Government debt per person rank
139/185
2024
38/185
2024
Average annual personal income after taxes
$2,222
2026
$12,433
2026
Market capitalization of domestic companies
$87.9B
2024
$284M
1996
Income share by richest 10%
25.5%
2022
30%
2024
Income share by poorest 10%
3.7%
2022
2.2%
2024
Government expenditure, % of GDP
12%
2024
31.1%
2024
Consumer prices inflation
9.7%
2023-2024
4.85%
2023-2024
Central bank interest rate
10%
2024
8.25%
2025
Unemployment rate
3.64%
2024
8.21%
2024
Population
178415186
3382789

Spending and national debt comparison by year

Bangladesh
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Bangladesh Uruguay
Government spending Government debt Government spending Government debt
2024 12% 41% 31.1% 68.7%
2023 12.6% 39.7% 30.5% 64%
2022 13% 37.9% 30% 59.9%
2021 12.9% 35.6% 30.2% 64.1%
2020 13.3% 34.5% 32.8% 68.2%
2019 13.6% 32% 30.6% 59.6%
2018 13% 29.6% 30.3% 57.9%
2017 12.2% 28.3% 29.7% 55.8%
2016 11.6% 27.7% 29.7% 56.4%
2015 11.5% 28.2% 28.4% 57.8%
2014 11.7% 28.7% 29.1% 51.1%
2013 12.1% 28.3% 28.8% 50%
2012 11.7% 29.1% 27.7% 49.8%
2011 11.5% 29.4% 26.3% 41.3%
2010 10.6% 29.6% 27.4% 40.9%
2009 10.6% 33% 27.2% 46.2%
2008 11.5% 33.9% 26.3% 46.2%
2007 9.63% 35% 26.8% 52.8%
2006 10.1% 35.3% 26.8% 61.1%
2005 10.3% 35.6% 26.3% 66.2%
2004 9.88% 36.6% 26.6% 73.7%
2003 10.2% 37% 27.7% 91.9%
2002 10.4% 38.9% 27.6% 90.1%
2001 10.7% 37.1% 27.8% 39.4%
2000 9.76% 31.2% 26.6% 30.5%
1999 8.66% 32.7% 27.2% 24.1%
1998 9.82% 31.1% 27.3% 19.4%
1997 9.89% 29.1% 27.6% 18.8%
1996 9.79% 31% 26.5% 18.3%
1995 10.5% 32.9% 26.2% 18.5%
1994 10% 35.5% 29.5% 19.3%
1993 9.74% 34.1% 27.7% 20%
1992 8.8% 33.1% 23.6% 22.2%
1991 8.86% 31.8% 22.2% 20.4%
1990 9.14% 31.5% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2002, retrieved 2026-02-20).

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

In 2024, Bangladesh's government spending was $54.2B, accounting for 12% of its GDP, while Uruguay spent $25.2B, or 31.1% of GDP.

Debt-to-GDP ratio is 41% in Bangladesh and 68.7% in Uruguay, ranking 131/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Bangladesh

Uruguay
1x
Year Deficit/surplus, % of GDP
Bangladesh Uruguay
2024 -3.69% -3.22%
2023 -4.39% -3.13%
2022 -4.53% -2.52%
2021 -3.56% -2.61%
2020 -4.84% -4.64%
2019 -5.41% -2.71%
2018 -4.07% -1.89%
2017 -4.17% -2.51%
2016 -3.16% -2.68%
2015 -3.29% -1.86%
2014 -2.62% -2.6%
2013 -2.86% -1.72%
2012 -2.56% -2.17%
2011 -2.96% -0.33%
2010 -2.23% -0.39%
2009 -2.68% -1.39%
2008 -3.36% -1.31%
2007 -1.86% -0.16%
2006 -2.15% -0.64%
2005 -2.4% -0.28%
2004 -2.21% -0.87%
2003 -1.96% -2.19%
2002 -2.3% -3.19%
2001 -3.44% -2.85%
2000 -2.5% -2.76%
1999 -1.35% -2.76%
1998 -2.2% -0.76%
1997 -1.94% -0.97%
1996 -2.01% -1.32%
1995 -0.38% -1.08%
1994 0.03% -2.37%
1993 0.43% -0.47%
1992 0.36% 0.6%
1991 0.44% 0.88%
1990 -0.15% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20).

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

In 2024, Bangladesh's government deficit, the difference between spending and revenue, was $16.6B, equivalent to 3.69% of GDP. This compares to Uruguay's deficit of $2.6B, or 3.22% of GDP.

Over the past 35 years, Bangladesh recorded a fiscal deficit in 31 of those years, while Uruguay ran a deficit in 32 years. On average, Bangladesh posted an annual deficit equal to 2.46% of GDP, compared to deficit of 1.67% of GDP for Uruguay.

Inflation comparison by year

Inflation
Bangladesh

Uruguay
1x
Year Consumer prices inflation
Bangladesh Uruguay
2024 9.7% 4.85%
2023 9% 5.87%
2022 6.1% 9.1%
2021 5.6% 7.75%
2020 5.6% 9.76%
2019 5.5% 7.88%
2018 5.8% 7.61%
2017 5.4% 6.22%
2016 5.9% 9.64%
2015 6.4% 8.67%
2014 7.3% 8.88%
2013 6.8% 8.58%
2012 8.9% 8.1%
2011 8.8% 8.09%
2010 7.3% 6.7%
2009 6.7% 7.06%
2008 9.9% 7.88%
2007 7.2% 8.11%
2006 7.2% 6.4%
2005 6.5% 4.7%
2004 8.1% 9.16%
2003 3.9% 19.4%
2002 2.4% 14%
2001 1.8% 4.36%
2000 3.6% 4.76%
1999 8.9% 5.66%
1998 6.7% 10.8%
1997 2.7% 19.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bangladesh has recorded an average annual inflation rate of 6.42%, compared with 8.56% in Uruguay. In 2024, inflation was 9.7% in Bangladesh and 4.85% in Uruguay.

Top exports between countries

Bangladesh
Export category Export value
Textiles & consumer goods $4.31M
Machinery & equipment $68K
Wood & paper products $7K
Uruguay
Export category Export value
Raw agricultural goods $19.4M
Processed food, beverages & tobacco $4.37M
Animal & marine products $1.14M
Textiles & consumer goods $163K
Machinery & equipment $150K
Raw materials & minerals $38K
Chemicals & pharma $16K

Balance of trade

Bangladesh Uruguay
Current account balance
$1.43B
2024
-$633M
2024
Current account balance ranking
52/190
2024
111/190
2024
Current account balance, % of GDP
+0.32%
2024
-0.78%
2024
Goods imports
$63.8B
2024
$13B
2024
Goods exports
$47.3B
2024
$16.3B
2024
Service imports
$12.3B
2024
$6.22B
2024
Service exports
$7.47B
2024
$7.1B
2024
Imports of goods and services, % of GDP
16.3%
2024
23.7%
2024
Exports of goods and services, % of GDP
10.5%
2024
28.8%
2024

Economic freedom indices

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

Bangladesh Uruguay
Economic freedom 54.8 69.8
Economic freedom ranking 131/197 39/197
Property rights 32.1 87.4
Government integrity 22.7 79
Judicial effectiveness 36.7 80.9
Tax burden 79.9 73.3
Government spending 95.3 72
Fiscal health 68.4 76.6
Business freedom 52.7 83.8
Labor freedom 50.5 61.7
Monetary freedom 65.8 70.2
Trade freedom 63 73.2
Investment freedom 50 50
Financial freedom 40 30

Economic freedom comparison by year

Bangladesh
Uruguay
1x
Year Economic freedom index
Bangladesh Uruguay
2026 54.8 69.8
2025 54.7 70.2
2024 54.4 69.8
2023 54.4 70.2
2022 52.7 70
2021 56.5 69.3
2020 56.4 69.1
2019 55.6 68.6
2018 55.1 69.2
2017 55 69.7
2016 53.3 68.8
2015 53.9 68.6
2014 54.1 69.3
2013 52.6 69.7
2012 53.2 69.9
2011 53 70
2010 51.1 69.8
2009 47.5 69.1
2008 44.2 67.9
2007 46.7 68.4
2006 52.9 65.3
2005 47.5 66.9
2004 50 66.7
2003 49.3 69.8
2002 51.9 68.7
2001 51.2 70.7
2000 48.9 69.3
1999 50 68.5
1998 52 68.6
1997 49.9 67.5
1996 51.1 63.7
1995 40.9 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bangladesh is 54.8, ranking 131/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bangladesh Uruguay
Services, % of GDP
51.4%
2024
65.3%
2024
Industry, % of GDP
34.1%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
6.42%
2024
GNI, Atlas method
$490B
2024
$73.3B
2024
GNI per capita, PPP
$10,060
2024
$34,170
2024
Total reserves including gold
$21.4B
2024
$17.4B
2024
Total reserves ranking
61/177
2024
66/177
2024
Net foreign direct investment
-$1.49B
2024
$2.58B
2024
Net inflows of foreign direct investment
$1.31B
2024
-$3.94B
2024
Net outflows of foreign direct investment
$34.1M
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
1.83%
2024
n/a
Poverty at national poverty lines
18.7%
2022
17.3%
2024
Gross capital formation, % of GDP
30.7%
2024
15.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bangladesh/uruguay | 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 (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–2002, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2015–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.