Bhutan vs Turkmenistan: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Turkmenistan and Bhutan ranked 9th vs 23rd and 92nd vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanTurkmenistan
GDP$2.4B$40.8B
GDP growth, 1 year5.8%6.2%
GDP growth, 5-years average6.1%7.1%
Population808k5.9M
GDP per capita$3.2k$7k
GDP per capita growth1.82%4.51%
Purchasing Power Parity conversion factor21.811.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.36
GDP per capita, PPP adjusted$9.5k$20k
GNI, Atlas method$2.2B$39.4B
GNI per capita$3k$6.7k
GNI, PPP adjusted$7B$108.2B
GNI per capita, PPP adjusted$9.3k$18k

Financial system and Human development

StatBhutanTurkmenistan
Income Tax Rate25%10%
Corporate Tax Rate30%8%
Inflation, consumer prices3.6%13.6%
Inflation, GDP deflator1.8%1.2%
Unemployment2.2%3.8%
Economic Freedom Index62.146.5
Personal Freedom Index6.94.1
Human Freedom Index6.854.1
Property Rights Index69.920.1
Judical Effectiveness Index46.420
Business Freedom Index68.230
Fiscal Health Index74.894.5
Labor Freedom Index79.420
Investment Freedom Index2010
Financial Freedom Index3010
Trade Freedom Index79.474.2
Monetary Freedom Index71.668.7
Government Spending Index71.193.1
Tax Burden Index82.995.9
Government Integrity Index51.221.4
Corruption Perceptions Index6820
Life expectancy at birth, years71.168
Suicide mortality rate, per 100,000 people11.46.7
Mortality caused by road traffic injury, per 100,000 people17.414.5
Intentional homicides, per 100,000 people1.64.2
International tourism, number of arrivals274k8.2k

Government debt & reserves

StatBhutanTurkmenistan
Central government debt, % of GDP102.6%29.3%
External debt stocks, % of GNI109.2%2.3%
External debt stocks$2.5B$907.3M
Short-term debt, % of total reserves0.4%20.6%
Total debt service, % of exports and primary income10.7%22.1%
Adjusted net savings including particulate emission damage, % of GNI23.3%N/A
Gross savings, % of GDP21.6%N/A
Gross capital formation, % of GDP47.5%47.2%
Total reserves including gold$987.2M$1.5B
Foreign direct investment net inflows$2.6M$2B

Exports, imports and economic structure

StatBhutanTurkmenistan
Exports of goods and services, % of GDP30.8%22.7%
Imports of goods and services, % of GDP55.9%12.5%
Current account balance (balance of payments)-$497.6MN/A
Revenue excluding grants, % of GDP18.5%N/A
Grants excluding technical cooperation, BoP$49.2M$14.5M
Personal remittances received$58.1M$1.6M
Industry including construction value added, % of GDP38.3%57%
Agriculture, forestry and fishing value added, % of GDP15.9%9.3%
Charges for the use of intellectual property, payments BoP$304kN/A
Charges for the use of intellectual property, receipts BoP$11kN/A
Expense, % of GDP18.5%N/A
Government Expenditure, % of GDP31.1%15.1%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
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

Turkmenistan vs

CountryGDP
per capita
Population
Mexico
$9.7k
131M
Turkey
$9.4k
82M
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
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M