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Bangladesh Debt to GDP Ratio

Bangladesh's government debt-to-GDP ratio rose to 32.2% in 2024, the highest since 2011, up from 31.6% in 2023. This increase stems from a widening budget deficit of 5.2% of GDP in FY2023-24 and persistent revenue shortfalls. The government increased domestic borrowing to finance expenditures with the FY2024-25 deficit projected at Tk 256,000 crore. Bangladesh's record low government debt to GDP was 25.7% in 2018 and record high was 50% in 2002.

Yearly Historical Data (1996-2024)

(in %)
Year Debt to GDP Ratio
2024 32.2%
2023 31.6%
2022 29.5%
2021 29.3%
2020 28.1%
2019 27%
2018 25.7%
2017 27%
2016 27.7%
2015 27.7%
2014 29.6%
2013 30.4%
2012 31.8%
2011 32.4%
2010 32.3%
2009 35.9%
2008 37.1%
2007 38.6%
2006 40.2%
2005 46.9%
2004 48.2%
2003 49%
2002 50%
2001 46.2%
2000 46.4%
1999 42.4%
1998 40.4%
1997 43.2%
1996 43.9%
Bangladesh Debt to GDP Ratio : Definition
Bangladesh's government debt-to-GDP ratio shows its total government debt as a percentage of its gross domestic product. It's calculated by dividing total government debt by GDP, then multiplying by 100. Debt includes internal and external borrowings. A lower ratio typically suggests better debt sustainability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -1.4% -2.6% Dec'24
Repo Rate 10% 10% Aug'25
Private Credit (% GDP) 35.81% 37.64% 2024