Nepal vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Nepal ranked 103rd with $29B. By GDP 5-years average growth and GDP per capita, Turkey and Nepal ranked 36th vs 37th and 78th vs 170th, respectively.

Gross Domestic Product & Income

StatNepalTurkey
GDP$29B$771.4B
GDP growth, 1 year6.3%2.6%
GDP growth, 5-years average4.8%4.9%
Population29.4M82M
GDP per capita$1k$9.4k
GDP per capita growth4.91%1.31%
Purchasing Power Parity conversion factor34.931.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.33
GDP per capita, PPP adjusted$2.9k$28k
GNI, Atlas method$27.2B$858.1B
GNI per capita$970$10k
GNI, PPP adjusted$87.4B$2.3T
GNI per capita, PPP adjusted$3.1k$28k

Financial system and Human development

StatNepalTurkey
Income Tax Rate25%35%
Corporate Tax Rate25%22%
Inflation, consumer prices4.2%16.3%
Inflation, GDP deflator6.3%16.4%
Unemployment1.3%10.9%
Economic Freedom Index54.264.4
Personal Freedom Index7.756.97
Human Freedom Index6.836.96
Property Rights Index40.757.4
Judical Effectiveness Index3253.7
Business Freedom Index61.667
Fiscal Health Index98.186.1
Labor Freedom Index53.749.2
Investment Freedom Index1070
Financial Freedom Index3060
Trade Freedom Index60.478
Monetary Freedom Index71.266.1
Government Spending Index77.964.1
Tax Burden Index83.476.7
Government Integrity Index31.544.6
Corruption Perceptions Index3141
Life expectancy at birth, years70.277.2
Suicide mortality rate, per 100,000 people8.87.3
Mortality caused by road traffic injury, per 100,000 people15.912.3
Intentional homicides, per 100,000 people2.24.3
International tourism, number of arrivals1.2M45.8M

Government debt & reserves

StatNepalTurkey
Central government debt, % of GDP30.4%29.1%
External debt stocks, % of GNI18.9%59%
External debt stocks$5.5B$445.1B
Short-term debt, % of total reserves3%124.1%
Total debt service, % of exports and primary income8.5%36.7%
Adjusted net savings including particulate emission damage, % of GNI38.1%11.4%
Gross savings, % of GDP49.5%27.1%
Gross capital formation, % of GDP55.2%29.6%
Total reserves including gold$8.3B$93B
Foreign direct investment net inflows$68.2M$13.1B

Exports, imports and economic structure

StatNepalTurkey
Exports of goods and services, % of GDP8.9%29.5%
Imports of goods and services, % of GDP46.3%30.6%
Current account balance (balance of payments)-$2.8B-$27B
Revenue excluding grants, % of GDP22.9%30.7%
Grants excluding technical cooperation, BoP$629.7M$1.3B
Personal remittances received$8.3B$1.1B
Industry including construction value added, % of GDP13.5%29.5%
Agriculture, forestry and fishing value added, % of GDP25.3%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 GDP19.4%33.9%
Government Expenditure, % of GDP27.2%34.6%

Compare with countries close by GDP per capita

Nepal vs

CountryGDP
per capita
Population
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
Myanmar
$1.3k
53.4M
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
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
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M

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