Kazakhstan vs Turkmenistan: Economic Indicators Comparison

Kazakhstan with a GDP of $179.3B ranked the 55th largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, Kazakhstan and Turkmenistan ranked 95th vs 9th and 75th vs 92nd, respectively.

Gross Domestic Product & Income

StatKazakhstanTurkmenistan
GDP$179.3B$40.8B
GDP growth, 1 year4.1%6.2%
GDP growth, 5-years average2.9%7.1%
Population18.3M5.9M
GDP per capita$9.8k$7k
GDP per capita growth2.74%4.51%
Purchasing Power Parity conversion factor121.321.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.350.36
GDP per capita, PPP adjusted$28k$20k
GNI, Atlas method$147.6B$39.4B
GNI per capita$8.1k$6.7k
GNI, PPP adjusted$446.9B$108.2B
GNI per capita, PPP adjusted$24k$18k

Financial system and Human development

StatKazakhstanTurkmenistan
Income Tax Rate10%10%
Corporate Tax Rate20%8%
Inflation, consumer prices6%13.6%
Inflation, GDP deflator9.2%1.2%
Unemployment4.9%3.8%
Economic Freedom Index69.646.5
Personal Freedom Index6.874.1
Human Freedom Index6.914.1
Property Rights Index61.320.1
Judical Effectiveness Index62.120
Business Freedom Index74.630
Fiscal Health Index84.194.5
Labor Freedom Index8620
Investment Freedom Index5010
Financial Freedom Index5010
Trade Freedom Index80.274.2
Monetary Freedom Index68.168.7
Government Spending Index85.593.1
Tax Burden Index92.395.9
Government Integrity Index40.921.4
Corruption Perceptions Index3120
Life expectancy at birth, years7368
Suicide mortality rate, per 100,000 people22.56.7
Mortality caused by road traffic injury, per 100,000 people17.614.5
Intentional homicides, per 100,000 people54.2
International tourism, number of arrivals8.8M8.2k

Government debt & reserves

StatKazakhstanTurkmenistan
Central government debt, % of GDP21.9%29.3%
External debt stocks, % of GNI105.7%2.3%
External debt stocks$156.9B$907.3M
Short-term debt, % of total reserves27%20.6%
Total debt service, % of exports and primary income48.3%22.1%
Adjusted net savings including particulate emission damage, % of GNI5.8%N/A
Gross savings, % of GDP30.2%N/A
Gross capital formation, % of GDP23.8%47.2%
Total reserves including gold$31B$1.5B
Foreign direct investment net inflows$213.8M$2B

Exports, imports and economic structure

StatKazakhstanTurkmenistan
Exports of goods and services, % of GDP37.5%22.7%
Imports of goods and services, % of GDP25.3%12.5%
Current account balance (balance of payments)-$288.9MN/A
Revenue excluding grants, % of GDP16%N/A
Grants excluding technical cooperation, BoP$90.9M$14.5M
Personal remittances received$618M$1.6M
Industry including construction value added, % of GDP33.5%57%
Agriculture, forestry and fishing value added, % of GDP4.4%9.3%
Charges for the use of intellectual property, payments BoP$167.7MN/A
Charges for the use of intellectual property, receipts BoP$912kN/A
Expense, % of GDP14.7%N/A
Government Expenditure, % of GDP22%15.1%

Compare with countries close by GDP per capita

Kazakhstan vs

CountryGDP
per capita
Population
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
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
China
$9.8k
1.41B
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

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