Bangladesh vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Bangladesh ranked 44th with $274B. By GDP 5-years average growth and GDP per capita, Turkey and Bangladesh ranked 36th vs 10th and 78th vs 155th, respectively.

Gross Domestic Product & Income

StatBangladeshTurkey
GDP$274B$771.4B
GDP growth, 1 year7.7%2.6%
GDP growth, 5-years average7.1%4.9%
Population164.7M82M
GDP per capita$1.7k$9.4k
GDP per capita growth6.74%1.31%
Purchasing Power Parity conversion factor31.91.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.33
GDP per capita, PPP adjusted$4.6k$28k
GNI, Atlas method$282B$858.1B
GNI per capita$1.8k$10k
GNI, PPP adjusted$737.6B$2.3T
GNI per capita, PPP adjusted$4.6k$28k

Financial system and Human development

StatBangladeshTurkey
Income Tax Rate25%35%
Corporate Tax Rate45%22%
Inflation, consumer prices5.6%16.3%
Inflation, GDP deflator5.6%16.4%
Unemployment4.3%10.9%
Economic Freedom Index56.464.4
Personal Freedom Index5.66.97
Human Freedom Index5.86.96
Property Rights Index4157.4
Judical Effectiveness Index36.153.7
Business Freedom Index52.367
Fiscal Health Index76.886.1
Labor Freedom Index68.449.2
Investment Freedom Index4570
Financial Freedom Index3060
Trade Freedom Index63.678
Monetary Freedom Index7066.1
Government Spending Index94.364.1
Tax Burden Index72.776.7
Government Integrity Index26.644.6
Corruption Perceptions Index2641
Life expectancy at birth, years72.177.2
Suicide mortality rate, per 100,000 people5.97.3
Mortality caused by road traffic injury, per 100,000 people15.312.3
Intentional homicides, per 100,000 people2.24.3
International tourism, number of arrivals1M45.8M

Government debt & reserves

StatBangladeshTurkey
Central government debt, % of GDP34.8%29.1%
External debt stocks, % of GNI18.2%59%
External debt stocks$52.1B$445.1B
Short-term debt, % of total reserves28.2%124.1%
Total debt service, % of exports and primary income6.3%36.7%
Adjusted net savings including particulate emission damage, % of GNI24.5%11.4%
Gross savings, % of GDP33.3%27.1%
Gross capital formation, % of GDP31.2%29.6%
Total reserves including gold$32B$93B
Foreign direct investment net inflows$2.9B$13.1B

Exports, imports and economic structure

StatBangladeshTurkey
Exports of goods and services, % of GDP14.8%29.5%
Imports of goods and services, % of GDP23.4%30.6%
Current account balance (balance of payments)-$7.6B-$27B
Revenue excluding grants, % of GDP10.2%30.7%
Grants excluding technical cooperation, BoP$1.3B$1.3B
Personal remittances received$15.6B$1.1B
Industry including construction value added, % of GDP28.5%29.5%
Agriculture, forestry and fishing value added, % of GDP13.1%5.8%
Charges for the use of intellectual property, payments BoP$39.7M$726M
Charges for the use of intellectual property, receipts BoP$444k$29M
Expense, % of GDP9.4%33.9%
Government Expenditure, % of GDP13.7%34.6%

Compare with countries close by GDP per capita

Bangladesh vs

CountryGDP
per capita
Population
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M

Turkey vs

CountryGDP
per capita
Population
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M