Qatar vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Qatar ranked 54th with $191.4B. By GDP 5-years average growth and GDP per capita, Turkey and Qatar ranked 36th vs 108th and 78th vs 9th, respectively.

Gross Domestic Product & Income

StatQatarTurkey
GDP$191.4B$771.4B
GDP growth, 1 year2.2%2.6%
GDP growth, 5-years average2.7%4.9%
Population2.6M82M
GDP per capita$69k$9.4k
GDP per capita growth-0.58%1.31%
Purchasing Power Parity conversion factor1.971.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.33
GDP per capita, PPP adjusted$130k$28k
GNI, Atlas method$170.1B$858.1B
GNI per capita$61k$10k
GNI, PPP adjusted$346.1B$2.3T
GNI per capita, PPP adjusted$124k$28k

Financial system and Human development

StatQatarTurkey
Income Tax Rate0%35%
Corporate Tax Rate0%22%
Inflation, consumer prices0.2%16.3%
Inflation, GDP deflator13%16.4%
Unemployment0.1%10.9%
Economic Freedom Index72.364.4
Personal Freedom Index5.226.97
Human Freedom Index6.226.96
Property Rights Index66.957.4
Judical Effectiveness Index58.753.7
Business Freedom Index71.167
Fiscal Health Index93.786.1
Labor Freedom Index65.949.2
Investment Freedom Index6070
Financial Freedom Index6060
Trade Freedom Index81.678
Monetary Freedom Index80.666.1
Government Spending Index64.664.1
Tax Burden Index99.876.7
Government Integrity Index64.644.6
Corruption Perceptions Index6241
Life expectancy at birth, years8077.2
Suicide mortality rate, per 100,000 people6.67.3
Mortality caused by road traffic injury, per 100,000 people9.312.3
Intentional homicides, per 100,000 people0.44.3
International tourism, number of arrivals1.8M45.8M

Government debt & reserves

StatQatarTurkey
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 GNI26.8%11.4%
Gross savings, % of GDP51.6%27.1%
Gross capital formation, % of GDP42.9%29.6%
Total reserves including gold$30.4B$93B
Foreign direct investment net inflows-$2.2B$13.1B

Exports, imports and economic structure

StatQatarTurkey
Exports of goods and services, % of GDP53.6%29.5%
Imports of goods and services, % of GDP34.4%30.6%
Current account balance (balance of payments)$16.7B-$27B
Revenue excluding grants, % of GDPN/A30.7%
Grants excluding technical cooperation, BoP$2.2M$1.3B
Personal remittances received$467M$1.1B
Industry including construction value added, % of GDP61.1%29.5%
Agriculture, forestry and fishing value added, % of GDP0.2%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 GDPN/A33.9%
Government Expenditure, % of GDP34.3%34.6%

Compare with countries close by GDP per capita

Qatar vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

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