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Malaysia vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Malaysia ranked 37th with $358.6B. By GDP 5-years average growth and GDP per capita, Turkey and Malaysia ranked 36th vs 29th and 78th vs 67th, respectively.

Gross Domestic Product & Income

StatMalaysiaTurkey
GDP$358.6B$771.4B
GDP growth, 1 year4.7%2.6%
GDP growth, 5-years average5.2%4.9%
Population31.6M82M
GDP per capita$11k$9.4k
GDP per capita growth3.33%1.31%
Purchasing Power Parity conversion factor1.441.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.33
GDP per capita, PPP adjusted$31k$28k
GNI, Atlas method$333.8B$858.1B
GNI per capita$11k$10k
GNI, PPP adjusted$966.3B$2.3T
GNI per capita, PPP adjusted$31k$28k

Financial system and Human development

StatMalaysiaTurkey
Income Tax Rate25%35%
Corporate Tax Rate25%22%
Inflation, consumer prices1%16.3%
Inflation, GDP deflator0.7%16.4%
Unemployment3.4%10.9%
Economic Freedom Index74.764.4
Personal Freedom Index6.236.97
Human Freedom Index6.386.96
Property Rights Index86.557.4
Judical Effectiveness Index74.653.7
Business Freedom Index87.867
Fiscal Health Index80.286.1
Labor Freedom Index74.549.2
Investment Freedom Index6070
Financial Freedom Index5060
Trade Freedom Index8278
Monetary Freedom Index81.666.1
Government Spending Index84.664.1
Tax Burden Index85.776.7
Government Integrity Index49.444.6
Corruption Perceptions Index4741
Life expectancy at birth, years75.877.2
Suicide mortality rate, per 100,000 people5.57.3
Mortality caused by road traffic injury, per 100,000 people23.612.3
Intentional homicides, per 100,000 people2.14.3
International tourism, number of arrivals25.8M45.8M

Government debt & reserves

StatMalaysiaTurkey
Central government debt, % of GDP56.2%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 GNI10%11.4%
Gross savings, % of GDP25.7%27.1%
Gross capital formation, % of GDP23.6%29.6%
Total reserves including gold$101.5B$93B
Foreign direct investment net inflows$8.6B$13.1B

Exports, imports and economic structure

StatMalaysiaTurkey
Exports of goods and services, % of GDP68.8%29.5%
Imports of goods and services, % of GDP61.7%30.6%
Current account balance (balance of payments)$7.6B-$27B
Revenue excluding grants, % of GDP16.1%30.7%
Grants excluding technical cooperation, BoP$26.2M$1.3B
Personal remittances received$1.7B$1.1B
Industry including construction value added, % of GDP38.3%29.5%
Agriculture, forestry and fishing value added, % of GDP7.5%5.8%
Charges for the use of intellectual property, payments BoP$2B$726M
Charges for the use of intellectual property, receipts BoP$267.4M$29M
Expense, % of GDP15.9%33.9%
Government Expenditure, % of GDP22.6%34.6%

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M

Turkey vs

CountryGDP
per capita
Population
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M