Myanmar vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Myanmar ranked 71st with $71.2B. By GDP 5-years average growth and GDP per capita, Turkey and Myanmar ranked 36th vs 13th and 78th vs 164th, respectively.

Gross Domestic Product & Income

StatMyanmarTurkey
GDP$71.2B$771.4B
GDP growth, 1 year6.7%2.6%
GDP growth, 5-years average6.8%4.9%
Population53.4M82M
GDP per capita$1.3k$9.4k
GDP per capita growth5.56%1.31%
Purchasing Power Parity conversion factor290.171.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.290.33
GDP per capita, PPP adjusted$6.2k$28k
GNI, Atlas method$70.2B$858.1B
GNI per capita$1.3k$10k
GNI, PPP adjusted$348.9B$2.3T
GNI per capita, PPP adjusted$6.5k$28k

Financial system and Human development

StatMyanmarTurkey
Income Tax Rate20%35%
Corporate Tax Rate30%22%
Inflation, consumer prices5.9%16.3%
Inflation, GDP deflator8.3%16.4%
Unemployment1.6%10.9%
Economic Freedom Index5464.4
Personal Freedom Index5.966.97
Human Freedom Index4.816.96
Property Rights Index32.557.4
Judical Effectiveness Index14.353.7
Business Freedom Index53.167
Fiscal Health Index84.686.1
Labor Freedom Index59.949.2
Investment Freedom Index3070
Financial Freedom Index2060
Trade Freedom Index70.878
Monetary Freedom Index77.566.1
Government Spending Index87.564.1
Tax Burden Index86.676.7
Government Integrity Index31.544.6
Corruption Perceptions Index2941
Life expectancy at birth, years66.677.2
Suicide mortality rate, per 100,000 people7.87.3
Mortality caused by road traffic injury, per 100,000 people19.912.3
Intentional homicides, per 100,000 people2.34.3
International tourism, number of arrivals3.6M45.8M

Government debt & reserves

StatMyanmarTurkey
Central government debt, % of GDP38.2%29.1%
External debt stocks, % of GNI21.5%59%
External debt stocks$14.9B$445.1B
Short-term debt, % of total reserves15.6%124.1%
Total debt service, % of exports and primary income4.9%36.7%
Adjusted net savings including particulate emission damage, % of GNI23.1%11.4%
Gross savings, % of GDP29.2%27.1%
Gross capital formation, % of GDP32.8%29.6%
Total reserves including gold$5.6B$93B
Foreign direct investment net inflows$1.3B$13.1B

Exports, imports and economic structure

StatMyanmarTurkey
Exports of goods and services, % of GDP20%29.5%
Imports of goods and services, % of GDP28%30.6%
Current account balance (balance of payments)-$2.1B-$27B
Revenue excluding grants, % of GDP15.8%30.7%
Grants excluding technical cooperation, BoP$886.7M$1.3B
Personal remittances received$2.8B$1.1B
Industry including construction value added, % of GDP32.3%29.5%
Agriculture, forestry and fishing value added, % of GDP24.6%5.8%
Charges for the use of intellectual property, payments BoP$47.3M$726M
Charges for the use of intellectual property, receipts BoP$2.6M$29M
Expense, % of GDP16.8%33.9%
Government Expenditure, % of GDP20.4%34.6%

Compare with countries close by GDP per capita

Myanmar vs

CountryGDP
per capita
Population
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M

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
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