Equatorial Guinea vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Equatorial Guinea ranked 132nd with $13.4B. By GDP 5-years average growth and GDP per capita, Turkey and Equatorial Guinea ranked 36th vs 179th and 78th vs 73rd, respectively.

Gross Domestic Product & Income

StatEquatorial GuineaTurkey
GDP$13.4B$771.4B
GDP growth, 1 year-5.7%2.6%
GDP growth, 5-years average-5.6%4.9%
Population1.3M82M
GDP per capita$10k$9.4k
GDP per capita growth-9.5%1.31%
Purchasing Power Parity conversion factor250.741.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.33
GDP per capita, PPP adjusted$23k$28k
GNI, Atlas method$9B$858.1B
GNI per capita$6.8k$10k
GNI, PPP adjusted$22.9B$2.3T
GNI per capita, PPP adjusted$17k$28k

Financial system and Human development

StatEquatorial GuineaTurkey
Income Tax Rate35%35%
Corporate Tax Rate35%22%
Inflation, consumer prices1.3%16.3%
Inflation, GDP deflator11.2%16.4%
Unemployment9.2%10.9%
Economic Freedom Index48.364.4
Personal Freedom Index6.66.97
Human Freedom Index6.66.96
Property Rights Index38.157.4
Judical Effectiveness Index19.553.7
Business Freedom Index37.567
Fiscal Health Index77.286.1
Labor Freedom Index34.249.2
Investment Freedom Index4070
Financial Freedom Index3060
Trade Freedom Index48.878
Monetary Freedom Index78.166.1
Government Spending Index86.464.1
Tax Burden Index75.176.7
Government Integrity Index15.144.6
Corruption Perceptions Index1641
Life expectancy at birth, years58.177.2
Suicide mortality rate, per 100,000 people16.47.3
Mortality caused by road traffic injury, per 100,000 people24.612.3
Intentional homicides, per 100,000 people2.34.3
International tourism, number of arrivalsN/A45.8M

Government debt & reserves

StatEquatorial GuineaTurkey
Central government debt, % of GDP35.9%29.1%
External debt stocks, % of GNIN/A59%
External debt stocksN/A$445.1B
Short-term debt, % of total reservesN/A124.1%
Total debt service, % of exports and primary incomeN/A36.7%
Adjusted net savings including particulate emission damage, % of GNIN/A11.4%
Gross savings, % of GDPN/A27.1%
Gross capital formation, % of GDP15.5%29.6%
Total reserves including gold$48.9M$93B
Foreign direct investment net inflows$395.9M$13.1B

Exports, imports and economic structure

StatEquatorial GuineaTurkey
Exports of goods and services, % of GDP58.1%29.5%
Imports of goods and services, % of GDP43.3%30.6%
Current account balance (balance of payments)-$344M-$27B
Revenue excluding grants, % of GDP17.2%30.7%
Grants excluding technical cooperation, BoP$7.2M$1.3B
Personal remittances received$164k$1.1B
Industry including construction value added, % of GDP56.7%29.5%
Agriculture, forestry and fishing value added, % of GDP2.4%5.8%
Charges for the use of intellectual property, payments BoPN/A$726M
Charges for the use of intellectual property, receipts BoPN/A$29M
Expense, % of GDP9.8%33.9%
Government Expenditure, % of GDP21.3%34.6%

Compare with countries close by GDP per capita

Equatorial Guinea vs

CountryGDP
per capita
Population
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
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
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

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
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
Colombia
$6.7k
49.1M