Pakistan vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Pakistan ranked 41st with $314.6B. By GDP 5-years average growth and GDP per capita, Turkey and Pakistan ranked 36th vs 40th and 78th vs 162nd, respectively.

Gross Domestic Product & Income

StatPakistanTurkey
GDP$314.6B$771.4B
GDP growth, 1 year5.2%2.6%
GDP growth, 5-years average4.7%4.9%
Population197M82M
GDP per capita$1.5k$9.4k
GDP per capita growth3.68%1.31%
Purchasing Power Parity conversion factor29.31.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.33
GDP per capita, PPP adjusted$5.7k$28k
GNI, Atlas method$337.1B$858.1B
GNI per capita$1.6k$10k
GNI, PPP adjusted$1.2T$2.3T
GNI per capita, PPP adjusted$5.9k$28k

Financial system and Human development

StatPakistanTurkey
Income Tax Rate30%35%
Corporate Tax Rate30%22%
Inflation, consumer prices3.9%16.3%
Inflation, GDP deflator2.5%16.4%
Unemployment3%10.9%
Economic Freedom Index54.864.4
Personal Freedom Index5.026.97
Human Freedom Index5.446.96
Property Rights Index48.357.4
Judical Effectiveness Index43.253.7
Business Freedom Index54.967
Fiscal Health Index40.486.1
Labor Freedom Index41.349.2
Investment Freedom Index5570
Financial Freedom Index4060
Trade Freedom Index64.878
Monetary Freedom Index72.566.1
Government Spending Index86.864.1
Tax Burden Index80.476.7
Government Integrity Index29.744.6
Corruption Perceptions Index3341
Life expectancy at birth, years66.977.2
Suicide mortality rate, per 100,000 people2.97.3
Mortality caused by road traffic injury, per 100,000 people14.312.3
Intentional homicides, per 100,000 people4.24.3
International tourism, number of arrivals966k45.8M

Government debt & reserves

StatPakistanTurkey
Central government debt, % of GDP72.1%29.1%
External debt stocks, % of GNI27.6%59%
External debt stocks$91B$445.1B
Short-term debt, % of total reserves70.1%124.1%
Total debt service, % of exports and primary income19.9%36.7%
Adjusted net savings including particulate emission damage, % of GNI12.7%11.4%
Gross savings, % of GDP18.8%27.1%
Gross capital formation, % of GDP16.7%29.6%
Total reserves including gold$11.8B$93B
Foreign direct investment net inflows$2.4B$13.1B

Exports, imports and economic structure

StatPakistanTurkey
Exports of goods and services, % of GDP8.8%29.5%
Imports of goods and services, % of GDP19.7%30.6%
Current account balance (balance of payments)-$19.2B-$27B
Revenue excluding grants, % of GDPN/A30.7%
Grants excluding technical cooperation, BoP$1.5B$1.3B
Personal remittances received$21.2B$1.1B
Industry including construction value added, % of GDP18%29.5%
Agriculture, forestry and fishing value added, % of GDP22.9%5.8%
Charges for the use of intellectual property, payments BoP$189M$726M
Charges for the use of intellectual property, receipts BoP$7M$29M
Expense, % of GDPN/A33.9%
Government Expenditure, % of GDP21%34.6%

Compare with countries close by GDP per capita

Pakistan vs

CountryGDP
per capita
Population
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
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
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
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

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