The Cayman Islands vs Turkmenistan: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, Turkmenistan and the Cayman Islands ranked 92nd vs 6th, respectively.

Gross Domestic Product & Income

StatCayman IslandsTurkmenistan
GDP$5.1B$40.8B
GDP growth, 1 year3.04%6.2%
GDP growth, 5-years averageN/A7.1%
Population58k5.9M
GDP per capita$81k$7k
GDP per capita growth1.72%4.51%
Purchasing Power Parity conversion factor0.931.26
Price level ratio of PPP conversion factor GDP to market exchange rate1.120.36
GDP per capita, PPP adjusted$73k$20k
GNI, Atlas method$3B$39.4B
GNI per capita$47k$6.7k
GNI, PPP adjusted$2.8B$108.2B
GNI per capita, PPP adjusted$44k$18k

Financial system and Human development

StatCayman IslandsTurkmenistan
Income Tax RateN/A10%
Corporate Tax RateN/A8%
Inflation, consumer prices-0.6%13.6%
Inflation, GDP deflator1.9%1.2%
Unemployment4.2%3.8%
Economic Freedom Index7446.5
Personal Freedom Index8.14.1
Human Freedom Index8.14.1
Property Rights IndexN/A20.1
Judical Effectiveness IndexN/A20
Business Freedom IndexN/A30
Fiscal Health IndexN/A94.5
Labor Freedom IndexN/A20
Investment Freedom IndexN/A10
Financial Freedom IndexN/A10
Trade Freedom IndexN/A74.2
Monetary Freedom IndexN/A68.7
Government Spending IndexN/A93.1
Tax Burden IndexN/A95.9
Government Integrity IndexN/A21.4
Corruption Perceptions Index7620
Life expectancy at birth, years82.268
Suicide mortality rate, per 100,000 people0.56.7
Mortality caused by road traffic injury, per 100,000 people1414.5
Intentional homicides, per 100,000 people8.54.2
International tourism, number of arrivals463k8.2k

Government debt & reserves

StatCayman IslandsTurkmenistan
Central government debt, % of GDPN/A29.3%
External debt stocks, % of GNIN/A2.3%
External debt stocksN/A$907.3M
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary incomeN/A22.1%
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/A47.2%
Total reserves including gold$162.1M$1.5B
Foreign direct investment net inflows$57.4B$2B

Exports, imports and economic structure

StatCayman IslandsTurkmenistan
Exports of goods and services, % of GDPN/A22.7%
Imports of goods and services, % of GDPN/A12.5%
Current account balance (balance of payments)-$997.9MN/A
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$0$14.5M
Personal remittances received$15.6M$1.6M
Industry including construction value added, % of GDP7.2%57%
Agriculture, forestry and fishing value added, % of GDP0.4%9.3%
Charges for the use of intellectual property, payments BoP$68MN/A
Charges for the use of intellectual property, receipts BoP$9.3MN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDPN/A15.1%

Compare with countries close by GDP per capita

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

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