Poland vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Poland ranked 22nd with $585.7B. By GDP 5-years average growth and GDP per capita, Turkey and Poland ranked 36th vs 53rd and 78th vs 62nd, respectively.

Gross Domestic Product & Income

StatPolandTurkey
GDP$585.7B$771.4B
GDP growth, 1 year5.1%2.6%
GDP growth, 5-years average4%4.9%
Population38.4M82M
GDP per capita$15k$9.4k
GDP per capita growth5.14%1.31%
Purchasing Power Parity conversion factor1.781.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.33
GDP per capita, PPP adjusted$32k$28k
GNI, Atlas method$535.5B$858.1B
GNI per capita$14k$10k
GNI, PPP adjusted$1.1T$2.3T
GNI per capita, PPP adjusted$30k$28k

Financial system and Human development

StatPolandTurkey
Income Tax Rate32%35%
Corporate Tax Rate19%22%
Inflation, consumer prices1.6%16.3%
Inflation, GDP deflator1.2%16.4%
Unemployment3.7%10.9%
Economic Freedom Index69.164.4
Personal Freedom Index8.956.97
Human Freedom Index8.026.96
Property Rights Index63.157.4
Judical Effectiveness Index42.853.7
Business Freedom Index62.667
Fiscal Health Index92.286.1
Labor Freedom Index6249.2
Investment Freedom Index8070
Financial Freedom Index7060
Trade Freedom Index86.478
Monetary Freedom Index8266.1
Government Spending Index48.864.1
Tax Burden Index74.776.7
Government Integrity Index64.644.6
Corruption Perceptions Index6041
Life expectancy at birth, years77.977.2
Suicide mortality rate, per 100,000 people16.27.3
Mortality caused by road traffic injury, per 100,000 people9.712.3
Intentional homicides, per 100,000 people0.84.3
International tourism, number of arrivals19.6M45.8M

Government debt & reserves

StatPolandTurkey
Central government debt, % of GDP48.4%29.1%
External debt stocks, % of GNIN/A59%
External debt stocksN/A$445.1B
Short-term debt, % of total reservesN/A124.1%
Total debt service, % of exports and primary incomeN/A36.7%
Adjusted net savings including particulate emission damage, % of GNI10.6%11.4%
Gross savings, % of GDP19.6%27.1%
Gross capital formation, % of GDP20.7%29.6%
Total reserves including gold$117B$93B
Foreign direct investment net inflows$16.7B$13.1B

Exports, imports and economic structure

StatPolandTurkey
Exports of goods and services, % of GDP55.6%29.5%
Imports of goods and services, % of GDP52.2%30.6%
Current account balance (balance of payments)-$5.8B-$27B
Revenue excluding grants, % of GDP33.6%30.7%
Grants excluding technical cooperation, BoP$1.4B$1.3B
Personal remittances received$7.1B$1.1B
Industry including construction value added, % of GDP28.6%29.5%
Agriculture, forestry and fishing value added, % of GDP2.1%5.8%
Charges for the use of intellectual property, payments BoP$3.6B$726M
Charges for the use of intellectual property, receipts BoP$614M$29M
Expense, % of GDP34.2%33.9%
Government Expenditure, % of GDP41.3%34.6%

Compare with countries close by GDP per capita

Poland vs

CountryGDP
per capita
Population
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
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

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