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Economy of Pakistan vs Turkmenistan compared: GDP & Debt

Updated on by Georank

Pakistan has a GDP of $407B compared to $49.8B for Turkmenistan, ranking 41/197 and 96/197 by economy size, respectively.

Pakistan has $297B in government debt (72.8% of GDP), compared to $1.87B (3.76% of GDP) in Turkmenistan.

Pakistan vs Turkmenistan GDP by year

Pakistan
Turkmenistan
1x
Year GDP, current $
Pakistan Turkmenistan
2025 $407,307,214,476 $49,828,621,356
2024 $371,747,087,751 $44,249,447,717
2023 $336,686,348,609 $39,020,211,240
2022 $374,890,295,667 $37,583,913,148
2021 $348,516,647,445 $26,334,182,094
2020 $300,425,609,818 $27,350,527,268
2019 $320,909,472,771 $29,700,000,000
2018 $356,128,166,705 $26,036,313,869
2017 $339,205,534,861 $33,352,261,307
2016 $313,630,000,130 $33,313,947,368
2015 $299,963,590,535 $35,799,714,286
2014 $271,390,474,858 $43,524,210,526
2013 $258,657,231,672 $39,197,543,860
2012 $250,106,966,105 $35,164,210,526
2011 $230,586,581,060 $29,233,333,333
2010 $196,709,621,850 $22,583,157,895
2009 $187,337,783,856 $20,214,385,965
2008 $202,203,748,584 $19,271,523,179
2007 $184,140,869,997 $12,664,165,103
2006 $161,871,385,506 $10,276,674,365
2005 $145,208,562,961 $8,103,901,996
2004 $132,216,048,339 $6,838,351,088
2003 $112,371,913,741 $5,977,440,583
2002 $97,923,302,809 $4,462,029,109
2001 $97,145,618,480 $3,534,772,732
2000 $99,484,802,345 $2,904,663,311
1999 $62,973,857,069 $2,450,564,100
1998 $62,191,955,814 $2,605,689,134
1997 $62,433,340,468 $2,450,350,625
1996 $63,320,170,084 $2,378,759,975
1995 $60,636,071,684 $2,482,228,440
1994 $52,293,470,813 $2,561,118,608
1993 $51,809,999,353 $3,179,225,949
1992 $48,884,671,947 $3,200,539,816
1991 $45,625,336,680 $3,208,098,919
1990 $40,010,423,970 $3,189,539,641
1989 $40,171,106,279 $3,006,988,217
1988 $38,472,742,808 $3,010,982,414
1987 $33,351,529,275 $2,331,358,820
1986 $31,899,070,056 -
1985 $31,144,920,844 -
1984 $31,151,825,467 -
1983 $28,691,889,764 -
1982 $30,725,971,564 -
1981 $28,100,606,061 -
1980 $23,654,444,444 -
1979 $19,688,383,838 -
1978 $17,811,515,152 -
1977 $15,126,060,606 -
1976 $13,168,080,808 -
1975 $11,230,606,061 -
1974 $8,899,191,919 -
1973 $6,383,429,490 -
1972 $9,415,016,360 -
1971 $10,665,896,682 -
1970 $10,027,509,450 -
1969 $8,683,116,338 -
1968 $8,041,999,160 -
1967 $7,464,510,710 -
1966 $6,561,108,778 -
1965 $5,929,231,415 -
1964 $5,204,955,901 -
1963 $4,630,827,383 -
1962 $4,310,163,797 -
1961 $4,118,647,627 -
1960 $3,749,265,015 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

GDP per capita in Pakistan vs Turkmenistan by year

Pakistan
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Pakistan Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,596 - $6,540 -
2024 $1,479 $6,252 $5,904 $21,213
2023 $1,360 $6,014 $5,298 $19,829
2022 $1,538 $5,920 $5,198 $18,340
2021 $1,455 $5,367 $3,713 $16,434
2020 $1,278 $5,048 $3,935 $15,091
2019 $1,390 $5,038 $4,365 $15,478
2018 $1,569 $4,979 $3,912 $14,368
2017 $1,519 $4,790 $5,126 $13,278
2016 $1,425 $4,631 $5,238 $12,919
2015 $1,380 $4,480 $5,759 $12,715
2014 $1,267 $4,313 $7,164 $12,477
2013 $1,225 $4,174 $6,600 $11,723
2012 $1,204 $4,047 $6,054 $11,035
2011 $1,132 $3,880 $5,144 $10,283
2010 $987 $3,786 $4,059 $8,972
2009 $964 $3,777 $3,708 $8,285
2008 $1,067 $3,721 $3,606 $7,916
2007 $998 $3,672 $2,415 $6,901
2006 $901 $3,515 $1,997 $6,164
2005 $828 $3,293 $1,604 $5,489
2004 $772 $3,048 $1,379 $4,798
2003 $672 $2,822 $1,229 $4,536
2002 $600 $2,688 $936 $4,393
2001 $610 $2,644 $756 $4,401
2000 $642 $2,565 $634 $4,209
1999 $418 $2,475 $546 $3,981
1998 $424 $2,419 $591 $3,432
1997 $438 $2,398 $565 $3,222
1996 $457 $2,401 $558 $3,636
1995 $451 $2,315 $592 $3,405
1994 $400 $2,224 $622 $3,659
1993 $408 $2,160 $788 $4,422
1992 $396 $2,132 $811 $4,351
1991 $380 $1,992 $832 $5,117
1990 $344 $1,895 $848 $5,321
1989 $358 - $821 -
1988 $354 - $846 -
1987 $317 - $675 -
1986 $314 - - -
1985 $317 - - -
1984 $327 - - -
1983 $311 - - -
1982 $345 - - -
1981 $328 - - -
1980 $287.4 - - -
1979 $249.2 - - -
1978 $233.4 - - -
1977 $204.7 - - -
1976 $183.9 - - -
1975 $161.7 - - -
1974 $132 - - -
1973 $97.5 - - -
1972 $148.1 - - -
1971 $172.5 - - -
1970 $166.7 - - -
1969 $148.5 - - -
1968 $141.6 - - -
1967 $135.2 - - -
1966 $122.2 - - -
1965 $113.6 - - -
1964 $102.5 - - -
1963 $93.7 - - -
1962 $89.5 - - -
1961 $87.8 - - -
1960 $82 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

Pakistan's GDP per capita is $1,596, ranking 164/197, compared to $6,540 in Turkmenistan, ranking 111/197. Adjusted for purchasing power (GDP per capita PPP), Pakistan ranks 150th at $6,252, while Turkmenistan ranks 94th at $21,213.

Economic indicators

Pakistan Turkmenistan
Gross domestic product
$407B
2025
$49.8B
2025
GDP rank
41/197
2025
96/197
2025
GDP growth
3.7%
2024-2025
6.3%
2024-2025
GDP per capita
$1,596
2025
$6,540
2025
GDP per capita rank
164/197
2025
111/197
2025
GDP per capita, PPP
$6,252
2024
$21,213
2024
GDP per capita PPP rank
150/197
2024
94/197
2024
Government debt
$297B
2025
$1.87B
2025
Debt-to-GDP ratio
72.8%
2025
3.76%
2025
Government debt per person
$1,162
2025
$246
2025
Government debt per person rank
138/185
2025
180/185
2025
Average annual personal income after taxes
$1,775
2026
$2,520
2026
Market capitalization of domestic companies
$70.3B
2025
n/a
Income share by richest 10%
27.7%
2024
31.5%
1998
Income share by poorest 10%
3.4%
2024
2.4%
1998
Government expenditure, % of GDP
21.2%
2025
14.1%
2025
Consumer prices inflation
3.55%
2024-2025
2.7%
2024-2025
Central bank interest rate
11.5%
2026
n/a
Unemployment rate
6.96%
2025
4%
2010
Population
261421997
7800189

Spending and national debt comparison by year

Pakistan
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
Pakistan Turkmenistan
Government spending Government debt Government spending Government debt
2025 21.2% 72.8% 14.1% 3.76%
2024 19.4% 70.2% 14.5% 4.11%
2023 19.3% 78.5% 13.7% 5.46%
2022 20% 77.3% 13% 7.14%
2021 18.5% 74.7% 13.4% 12.3%
2020 20.3% 80.8% 13.5% 15.4%
2019 19.1% 78.7% 13.6% 17.7%
2018 19.1% 66.3% 13.7% 22.5%
2017 19.1% 62.1% 17.8% 24.7%
2016 17.7% 62.1% 14.1% 21.1%
2015 17.8% 59.1% 17.3% 19%
2014 18.1% 58.8% 17% 16%
2013 19.5% 59.2% 16.9% 20.4%
2012 19.4% 58.4% 14.7% 17.9%
2011 17.9% 56.2% 15.4% 14.8%
2010 18.3% 56.7% 14.6% 7.04%
2009 17.3% 54.6% 14.4% 3.09%
2008 18% 49.5% 11.7% 3.56%
2007 16.1% 44.2% 14.4% 3.06%
2006 14.5% 46.2% 16% 4.23%
2005 13% 47.9% 21.1% 6.82%
2004 12.1% 50.6% 20.3% 11.4%
2003 12.9% 56.3% 20.8% 16.9%
2002 14.4% 60.5% 19.4% 24.2%
2001 12.9% 65.1% 22.6% 34.1%
2000 13.8% 61.7% 25.9% 55.1%
1999 13.2% 60.7% 20.8% 66.7%
1998 14.1% 53.8% 26.1% 81.6%
1997 13.7% 52.8% 26.9% 64.2%
1996 15% 52.5% - -
1995 14% 52.3% - -
1994 14.5% 58.5% - -
1993 17% 57.9% - -
1992 22.6% 53.3% - -
1991 21.4% 55.8% - -
1990 23.9% 48.3% - -
1989 26.1% 46.6% - -
1988 27.9% 45% - -
1987 29.5% 44.4% - -
1986 27.6% 43.1% - -
1985 28.3% 37% - -
1984 25.4% 33.4% - -
1983 24.8% 33.6% - -
1982 24.5% 33.8% - -
1981 21.6% 29.7% - -
1980 22% 33.3% - -
1979 25.3% 36.8% - -
1978 25.5% 36.1% - -
1977 20.4% 36.4% - -
1976 21% 35.8% - -
1975 20.4% 32.1% - -
1974 15.3% 38% - -
1973 13.9% 43.4% - -
1972 13.5% 88.7% - -
1971 22.1% 33.2% - -
1970 23.6% 31.6% - -
1969 15.6% 29.1% - -
1968 13.7% 27.5% - -
1967 12.9% 25.9% - -
1966 12.2% 25.1% - -
1965 11.2% 22.7% - -
1964 12.1% 21.3% - -
1963 14.7% 19.2% - -
1962 11.8% 16.6% - -
1961 10.6% 19.6% - -
1960 10% 19.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

In 2025, Pakistan's government spending was $86.4B, accounting for 21.2% of its GDP, while Turkmenistan spent $7.05B, or 14.1% of GDP.

Debt-to-GDP ratio is 72.8% in Pakistan and 3.76% in Turkmenistan, ranking 53/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
Pakistan

Turkmenistan
1x
Year Deficit/surplus, % of GDP
Pakistan Turkmenistan
2025 -5.37% 0.06%
2024 -6.79% -0.08%
2023 -7.76% 0.11%
2022 -7.84% 3.38%
2021 -6.04% 0.57%
2020 -7.03% -0.16%
2019 -7.79% -0.4%
2018 -5.67% -0.22%
2017 -5.17% -2.84%
2016 -3.92% -2.38%
2015 -4.74% -0.7%
2014 -4.37% 0.89%
2013 -7.48% 1.53%
2012 -7.74% 7.53%
2011 -6.23% 3.84%
2010 -5.42% 2.13%
2009 -4.53% 7.53%
2008 -5.94% 10.7%
2007 -4.23% 4.19%
2006 -2.79% 5.64%
2005 -2.29% 0.86%
2004 -1.29% 1.47%
2003 -0.12% 3.99%
2002 -2.64% 0.19%
2001 -2.45% 0.77%
2000 -3.21% -0.55%
1999 -3.07% 2.48%
1998 -4.46% 1.15%
1997 -3.87% -0.2%
1996 -4.33% -
1995 -3.9% -
1994 -3.63% -
1993 -5.53% -
1992 -11.3% -
1991 -10.8% -
1990 -11.9% -
1989 -7.01% -
1988 -9.35% -
1987 -11.7% -
1986 -9.79% -
1985 -10.6% -
1984 -8.9% -
1983 -7.55% -
1982 -8.24% -
1981 -5.83% -
1980 -5.32% -
1979 -11.6% -
1978 -12.4% -
1977 -8.74% -
1976 -9.05% -
1975 -8.97% -
1974 -4.45% -
1973 -3.99% -
1972 -3.16% -
1971 -7.45% -
1970 -10.8% -
1969 -7.08% -
1968 -5.56% -
1967 -4.27% -
1966 -4.48% -
1965 -3.28% -
1964 -4.89% -
1963 -6.55% -
1962 -3.39% -
1961 -4.6% -
1960 -3.83% -
1959 -3.71% -
1958 -4.2% -
1957 -2.21% -
1956 -2.36% -
1955 -2% -
1954 -3.18% -
1953 -2.66% -
1952 -0.73% -
1951 0.63% -
1950 -1.24% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

In 2025, Pakistan's government deficit, the difference between spending and revenue, was $21.9B, equivalent to 5.37% of GDP. This compares to Turkmenistan's surplus of $31.4M, or 0.06% of GDP.

Over the past 29 years, Pakistan recorded a fiscal deficit in 29 of those years, while Turkmenistan ran a deficit in 9 years. On average, Pakistan posted an annual deficit equal to 4.84% of GDP, compared to surplus of 1.78% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
Pakistan

Turkmenistan
1x
Year Consumer prices inflation
Pakistan Turkmenistan
2025 3.55% 2.7%
2024 12.6% 4.6%
2023 30.8% -1.6%
2022 19.9% 11.2%
2021 9.5% 19.5%
2020 9.74% 6.1%
2019 10.6% 5.1%
2018 5.08% 13.3%
2017 4.09% 8%
2016 3.77% 3.6%
2015 2.53% 7.4%
2014 7.19% 6%
2013 7.69% 6.8%
2012 9.68% 5.3%
2011 11.9% 5.3%
2010 12.9% 4.4%
2009 13.6% -2.7%
2008 20.3% 14.5%
2007 7.6% 6.3%
2006 7.92% 8.2%
2005 9.06% 10.7%
2004 7.44% 5.9%
2003 2.91% 5.6%
2002 3.29% 8.8%
2001 3.15% 11.6%
2000 4.37% 8%
1999 4.14% 23.5%
1998 6.23% 16.8%
1997 11.4% 83.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

Over the past 29 years, Pakistan has recorded an average annual inflation rate of 9.07%, compared with 10.6% in Turkmenistan. In 2025, inflation was 3.55% in Pakistan and 2.7% in Turkmenistan.

Top exports between countries

Pakistan
Export category Export value
Textiles & consumer goods $1.26M
Chemicals & pharma $1.01M
Processed food, beverages & tobacco $306K
Raw agricultural goods $227K
Raw materials & minerals $169K
Weapons & explosives $21K
Machinery & equipment $18K
Turkmenistan
Export category Export value
Textiles & consumer goods $5.61M
Raw materials & minerals $1.44M
Animal & marine products $405K
Machinery & equipment $306K
Chemicals & pharma $1K

Balance of trade

Pakistan Turkmenistan
Current account balance
-$448M
2025
n/a
Current account balance ranking
102/190
2025
n/a
Current account balance, % of GDP
-0.11%
2025
n/a
Goods imports
$62.6B
2025
n/a
Goods exports
$31.5B
2025
n/a
Service imports
$12B
2025
n/a
Service exports
$9.09B
2025
n/a
Imports of goods and services, % of GDP
17.2%
2025
13.7%
2025
Exports of goods and services, % of GDP
9.99%
2025
14.5%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Pakistan Turkmenistan
Economic freedom 48.9 47
Economic freedom ranking 168/197 177/197
Property rights 25.7 17.4
Government integrity 26.3 8.4
Judicial effectiveness 27.6 12.3
Tax burden 78.2 94.2
Government spending 88.5 94.3
Fiscal health 10.1 99.9
Business freedom 54.4 37.5
Labor freedom 51.7 29.3
Monetary freedom 54.1 76.7
Trade freedom 70.4 74.2
Investment freedom 60 10
Financial freedom 40 10

Economic freedom comparison by year

Pakistan
Turkmenistan
1x
Year Economic freedom index
Pakistan Turkmenistan
2026 48.9 47
2025 49.1 47.1
2024 49.5 46.3
2023 49.4 46.5
2022 48.8 46.2
2021 51.7 47.4
2020 54.8 46.5
2019 55 48.4
2018 54.4 47.1
2017 52.8 47.4
2016 55.9 41.9
2015 55.6 41.4
2014 55.2 42.2
2013 55.1 42.6
2012 54.7 43.8
2011 55.1 43.6
2010 55.2 42.5
2009 57 44.2
2008 55.6 43.4
2007 57.2 43
2006 57.9 43.8
2005 53.3 47.6
2004 54.9 50.7
2003 55 51.3
2002 55.8 43.2
2001 56 41.8
2000 56.4 37.6
1999 53 36.1
1998 53.2 35
1997 56 -
1996 58.4 -
1995 57.6 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

The Economic Freedom Index for Pakistan is 48.9, ranking 168/197, compared to 47 for Turkmenistan, ranking 177/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Pakistan Turkmenistan
Services, % of GDP
50.9%
2025
48.9%
2025
Industry, % of GDP
20.1%
2025
36%
2025
Agriculture, forestry, and fishing, % of GDP
23%
2025
12.4%
2025
GNI, Atlas method
$382B
2025
$48.3B
2025
GNI per capita, PPP
$6,430
2025
$22,830
2025
Total reserves including gold
$26.5B
2025
$1.51B
1999
Total reserves ranking
62/177
2025
135/177
1999
Net foreign direct investment
-$1.58B
2025
n/a
Net inflows of foreign direct investment
$2.66B
2024
$1.64B
2024
Net outflows of foreign direct investment
$84M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.5%
2024
2.22%
2024
Poverty at national poverty lines
21.9%
2018
0.2%
2020
Gross capital formation, % of GDP
14.3%
2025
47.2%
2012

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/pakistan/turkmenistan | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.