The Palestine vs Turkmenistan: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while the Palestine ranked 125th with $14.6B. By GDP per capita, Turkmenistan and the Palestine ranked 92nd vs 132nd, respectively.

Gross Domestic Product & Income

StatPalestineTurkmenistan
GDP$14.6B$40.8B
GDP growth, 1 year0.91%6.2%
GDP growth, 5-years averageN/A7.1%
Population4.7M5.9M
GDP per capita$3.2k$7k
GDP per capita growth-1.62%4.51%
Purchasing Power Parity conversion factor2.231.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.620.36
GDP per capita, PPP adjusted$5.2k$20k
GNI, Atlas method$17B$39.4B
GNI per capita$3.7k$6.7k
GNI, PPP adjusted$27.4B$108.2B
GNI per capita, PPP adjusted$6k$18k

Financial system and Human development

StatPalestineTurkmenistan
Income Tax RateN/A10%
Corporate Tax RateN/A8%
Inflation, consumer prices-0.2%13.6%
Inflation, GDP deflator-0.1%1.2%
Unemployment26.3%3.8%
Economic Freedom Index3046.5
Personal Freedom Index4.14.1
Human Freedom Index44.1
Property Rights IndexN/A20.1
Judical Effectiveness IndexN/A20
Business Freedom IndexN/A30
Fiscal Health IndexN/A94.5
Labor Freedom IndexN/A20
Investment Freedom IndexN/A10
Financial Freedom IndexN/A10
Trade Freedom IndexN/A74.2
Monetary Freedom IndexN/A68.7
Government Spending IndexN/A93.1
Tax Burden IndexN/A95.9
Government Integrity IndexN/A21.4
Corruption Perceptions Index1820
Life expectancy at birth, years73.768
Suicide mortality rate, per 100,000 people4.36.7
Mortality caused by road traffic injury, per 100,000 people19.514.5
Intentional homicides, per 100,000 people0.74.2
International tourism, number of arrivals606k8.2k

Government debt & reserves

StatPalestineTurkmenistan
Central government debt, % of GDPN/A29.3%
External debt stocks, % of GNIN/A2.3%
External debt stocksN/A$907.3M
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary incomeN/A22.1%
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDP12.6%N/A
Gross capital formation, % of GDP24.2%47.2%
Total reserves including gold$537.8M$1.5B
Foreign direct investment net inflows$262.5M$2B

Exports, imports and economic structure

StatPalestineTurkmenistan
Exports of goods and services, % of GDP19.9%22.7%
Imports of goods and services, % of GDP59.7%12.5%
Current account balance (balance of payments)-$1.7BN/A
Revenue excluding grants, % of GDP6.9%N/A
Grants excluding technical cooperation, BoP$2.1B$14.5M
Personal remittances received$2.5B$1.6M
Industry including construction value added, % of GDP19.6%57%
Agriculture, forestry and fishing value added, % of GDP3.2%9.3%
Charges for the use of intellectual property, payments BoP$1.4MN/A
Charges for the use of intellectual property, receipts BoP$1.6kN/A
Expense, % of GDP8.3%N/A
Government Expenditure, % of GDPN/A15.1%

Compare with countries close by GDP per capita

Palestine vs

CountryGDP
per capita
Population
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M

Turkmenistan vs

CountryGDP
per capita
Population
Mexico
$9.7k
131M
Turkey
$9.4k
82M
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
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M