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The Human Development Index (HDI) is a development indicator since 1990, operated by the United Nations Development Programme. Our entitled “Comparative Study on Human Development Index (HDI): Indonesia and Bangladesh Context” paper will focus on comparison of both countries situation. In common scenes Indonesia is in advance than Bangladesh but what is the real situation are exist in both countries will be explained by our study. Here we will compare series data (1980-2011) & its trends, value comparison (2011- 2012), of two countries. In this paper we have analysis following segments of two countries named Inequality-adjusted HDI(IHDI), Gender Inequality Index (GII), Multidimensional Poverty Index (MPI) and Cross-Analysis of Indonesia & Bangladesh related to others relevant data like: Demographic Situation, Education Condition, Health Situation, Gender Observation etc. In our paper we have used New method for 2011 data onwards that Published on 4 November 2010 (and updated on 10 June 2011), starting with the 2011 Human Development Report the HDI combines three dimensions: A long and healthy life: Life expectancy at birth, Education index: Mean years of schooling and Expected years of schooling, A decent standard of living: GNI per capita (PPP US$). Hopefully this paper will give us a clear idea about two countries current socio-economic condition as well.