Dominica vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Turkey and Dominica ranked 36th vs 177th and 78th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaTurkey
GDP$550.9M$771.4B
GDP growth, 1 year-12%2.6%
GDP growth, 5-years average-2.8%4.9%
Population74k82M
GDP per capita$7.7k$9.4k
GDP per capita growth2.03%1.31%
Purchasing Power Parity conversion factor1.871.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.33
GDP per capita, PPP adjusted$9.9k$28k
GNI, Atlas method$508.1M$858.1B
GNI per capita$7.1k$10k
GNI, PPP adjusted$735.4M$2.3T
GNI per capita, PPP adjusted$10k$28k

Financial system and Human development

StatDominicaTurkey
Income Tax Rate35%35%
Corporate Tax Rate30%22%
Inflation, consumer prices1.4%16.3%
Inflation, GDP deflator3.6%16.4%
Unemployment0%10.9%
Economic Freedom Index60.864.4
Personal Freedom Index6.16.97
Human Freedom Index6.16.96
Property Rights Index59.857.4
Judical Effectiveness Index62.653.7
Business Freedom Index70.467
Fiscal Health Index86.286.1
Labor Freedom Index60.749.2
Investment Freedom Index7070
Financial Freedom Index3060
Trade Freedom Index68.478
Monetary Freedom Index83.566.1
Government Spending Index1664.1
Tax Burden Index70.576.7
Government Integrity Index51.244.6
Corruption Perceptions Index5741
Life expectancy at birth, years76.677.2
Suicide mortality rate, per 100,000 people27.3
Mortality caused by road traffic injury, per 100,000 people10.912.3
Intentional homicides, per 100,000 people25.74.3
International tourism, number of arrivals63k45.8M

Government debt & reserves

StatDominicaTurkey
Central government debt, % of GDP83.1%29.1%
External debt stocks, % of GNI55.3%59%
External debt stocks$279.2M$445.1B
Short-term debt, % of total reserves6.9%124.1%
Total debt service, % of exports and primary income16.5%36.7%
Adjusted net savings including particulate emission damage, % of GNIN/A11.4%
Gross savings, % of GDPN/A27.1%
Gross capital formation, % of GDPN/A29.6%
Total reserves including gold$191.3M$93B
Foreign direct investment net inflows$13.3M$13.1B

Exports, imports and economic structure

StatDominicaTurkey
Exports of goods and services, % of GDP42.9%29.5%
Imports of goods and services, % of GDP65.1%30.6%
Current account balance (balance of payments)-$225.1M-$27B
Revenue excluding grants, % of GDPN/A30.7%
Grants excluding technical cooperation, BoP$28.3M$1.3B
Personal remittances received$49.2M$1.1B
Industry including construction value added, % of GDP15.8%29.5%
Agriculture, forestry and fishing value added, % of GDP11.1%5.8%
Charges for the use of intellectual property, payments BoP$662k$726M
Charges for the use of intellectual property, receipts BoP$119$29M
Expense, % of GDPN/A33.9%
Government Expenditure, % of GDP52.9%34.6%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
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
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
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

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
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
Colombia
$6.7k
49.1M