Russia vs Turkmenistan: Economic Indicators Comparison
Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, Russia and Turkmenistan ranked 162nd vs 9th and 68th vs 92nd, respectively.
Gross Domestic Product & Income
| Stat |  Russia |  Turkmenistan |
|---|---|---|
| GDP | $1.7T | $40.8B |
| GDP growth, 1 year | 2.3% | 6.2% |
| GDP growth, 5-years average | 0.5% | 7.1% |
| Population | 146.8M | 5.9M |
| GDP per capita | $11k | $7k |
| GDP per capita growth | 2.26% | 4.51% |
| Purchasing Power Parity conversion factor | 25.64 | 1.26 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.41 | 0.36 |
| GDP per capita, PPP adjusted | $29k | $20k |
| GNI, Atlas method | $1.5T | $39.4B |
| GNI per capita | $10k | $6.7k |
| GNI, PPP adjusted | $3.9T | $108.2B |
| GNI per capita, PPP adjusted | $26k | $18k |
Financial system and Human development
| Stat | Russia | Turkmenistan |
|---|---|---|
| Income Tax Rate | 13% | 10% |
| Corporate Tax Rate | 20% | 8% |
| Inflation, consumer prices | 2.9% | 13.6% |
| Inflation, GDP deflator | 10.3% | 1.2% |
| Unemployment | 4.7% | 3.8% |
| Economic Freedom Index | 61 | 46.5 |
| Personal Freedom Index | 6.56 | 4.1 |
| Human Freedom Index | 6.49 | 4.1 |
| Property Rights Index | 56.8 | 20.1 |
| Judical Effectiveness Index | 44.4 | 20 |
| Business Freedom Index | 80.2 | 30 |
| Fiscal Health Index | 98.7 | 94.5 |
| Labor Freedom Index | 52.1 | 20 |
| Investment Freedom Index | 30 | 10 |
| Financial Freedom Index | 30 | 10 |
| Trade Freedom Index | 77.8 | 74.2 |
| Monetary Freedom Index | 68.2 | 68.7 |
| Government Spending Index | 63.8 | 93.1 |
| Tax Burden Index | 88.5 | 95.9 |
| Government Integrity Index | 41.3 | 21.4 |
| Corruption Perceptions Index | 28 | 20 |
| Life expectancy at birth, years | 72.1 | 68 |
| Suicide mortality rate, per 100,000 people | 31 | 6.7 |
| Mortality caused by road traffic injury, per 100,000 people | 18 | 14.5 |
| Intentional homicides, per 100,000 people | 9.2 | 4.2 |
| International tourism, number of arrivals | 24.6M | 8.2k |
Government debt & reserves
| Stat | Russia | Turkmenistan |
|---|---|---|
| Central government debt, % of GDP | 14% | 29.3% |
| External debt stocks, % of GNI | 28.1% | 2.3% |
| External debt stocks | $453.9B | $907.3M |
| Short-term debt, % of total reserves | 10.3% | 20.6% |
| Total debt service, % of exports and primary income | 19.6% | 22.1% |
| Adjusted net savings including particulate emission damage, % of GNI | 8% | N/A |
| Gross savings, % of GDP | 30.2% | N/A |
| Gross capital formation, % of GDP | 22.7% | 47.2% |
| Total reserves including gold | $468.6B | $1.5B |
| Foreign direct investment net inflows | $8.8B | $2B |
Exports, imports and economic structure
| Stat | Russia | Turkmenistan |
|---|---|---|
| Exports of goods and services, % of GDP | 30.7% | 22.7% |
| Imports of goods and services, % of GDP | 20.8% | 12.5% |
| Current account balance (balance of payments) | $113.5B | N/A |
| Revenue excluding grants, % of GDP | 27.5% | N/A |
| Grants excluding technical cooperation, BoP | $658.1M | $14.5M |
| Personal remittances received | $8.6B | $1.6M |
| Industry including construction value added, % of GDP | 32.1% | 57% |
| Agriculture, forestry and fishing value added, % of GDP | 3.1% | 9.3% |
| Charges for the use of intellectual property, payments BoP | $6.3B | N/A |
| Charges for the use of intellectual property, receipts BoP | $876.1M | N/A |
| Expense, % of GDP | 28.9% | N/A |
| Government Expenditure, % of GDP | 34.7% | 15.1% |
