Burkina Faso vs Turkmenistan: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while Burkina Faso ranked 129th with $14.1B. By GDP 5-years average growth and GDP per capita, Turkmenistan and Burkina Faso ranked 9th vs 28th and 92nd vs 184th, respectively.

Gross Domestic Product & Income

StatBurkina FasoTurkmenistan
GDP$14.1B$40.8B
GDP growth, 1 year6%6.2%
GDP growth, 5-years average5.3%7.1%
Population19.2M5.9M
GDP per capita$715$7k
GDP per capita growth3.81%4.51%
Purchasing Power Parity conversion factor200.221.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.36
GDP per capita, PPP adjusted$2k$20k
GNI, Atlas method$13.3B$39.4B
GNI per capita$670$6.7k
GNI, PPP adjusted$38.9B$108.2B
GNI per capita, PPP adjusted$2k$18k

Financial system and Human development

StatBurkina FasoTurkmenistan
Income Tax Rate27.5%10%
Corporate Tax Rate28%8%
Inflation, consumer prices2%13.6%
Inflation, GDP deflator2.4%1.2%
Unemployment6.1%3.8%
Economic Freedom Index56.746.5
Personal Freedom Index7.634.1
Human Freedom Index6.844.1
Property Rights Index46.920.1
Judical Effectiveness Index42.620
Business Freedom Index47.630
Fiscal Health Index49.294.5
Labor Freedom Index52.120
Investment Freedom Index6510
Financial Freedom Index4010
Trade Freedom Index61.874.2
Monetary Freedom Index82.468.7
Government Spending Index7793.1
Tax Burden Index81.395.9
Government Integrity Index34.121.4
Corruption Perceptions Index4120
Life expectancy at birth, years60.868
Suicide mortality rate, per 100,000 people7.76.7
Mortality caused by road traffic injury, per 100,000 people30.514.5
Intentional homicides, per 100,000 people1.34.2
International tourism, number of arrivals144k8.2k

Government debt & reserves

StatBurkina FasoTurkmenistan
Central government debt, % of GDP43%29.3%
External debt stocks, % of GNI23.4%2.3%
External debt stocks$3.3B$907.3M
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary income3.5%22.1%
Adjusted net savings including particulate emission damage, % of GNI-9%N/A
Gross savings, % of GDP19.1%N/A
Gross capital formation, % of GDP24.7%47.2%
Total reserves including goldN/A$1.5B
Foreign direct investment net inflows$480M$2B

Exports, imports and economic structure

StatBurkina FasoTurkmenistan
Exports of goods and services, % of GDP30.8%22.7%
Imports of goods and services, % of GDP37.2%12.5%
Current account balance (balance of payments)-$894.1MN/A
Revenue excluding grants, % of GDP18.9%N/A
Grants excluding technical cooperation, BoP$720.7M$14.5M
Personal remittances received$455.7M$1.6M
Industry including construction value added, % of GDP19.5%57%
Agriculture, forestry and fishing value added, % of GDP28%9.3%
Charges for the use of intellectual property, payments BoP$438kN/A
Charges for the use of intellectual property, receipts BoP$725kN/A
Expense, % of GDP19.5%N/A
Government Expenditure, % of GDP27.7%15.1%

Compare with countries close by GDP per capita

Burkina Faso vs

CountryGDP
per capita
Population
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
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

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