Saint Kitts and Nevis vs Turkmenistan: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Turkmenistan and Saint Kitts and Nevis ranked 92nd vs 48th, respectively.

Gross Domestic Product & Income

Stat	Saint Kitts and Nevis	Turkmenistan
GDP	$1B	$40.8B
GDP growth, 1 year	2.92%	6.2%
GDP growth, 5-years average	N/A	7.1%
Population	55k	5.9M
GDP per capita	$19k	$7k
GDP per capita growth	2.15%	4.51%
Purchasing Power Parity conversion factor	1.72	1.26
Price level ratio of PPP conversion factor GDP to market exchange rate	0.64	0.36
GDP per capita, PPP adjusted	$30k	$20k
GNI, Atlas method	$961.5M	$39.4B
GNI per capita	$18k	$6.7k
GNI, PPP adjusted	$1.5B	$108.2B
GNI per capita, PPP adjusted	$29k	$18k

Financial system and Human development

Stat	Saint Kitts and Nevis	Turkmenistan
Income Tax Rate	N/A	10%
Corporate Tax Rate	N/A	8%
Inflation, consumer prices	-1%	13.6%
Inflation, GDP deflator	-1.5%	1.2%
Unemployment	5.1%	3.8%
Economic Freedom Index	62	46.5
Personal Freedom Index	6.2	4.1
Human Freedom Index	6.2	4.1
Property Rights Index	N/A	20.1
Judical Effectiveness Index	N/A	20
Business Freedom Index	N/A	30
Fiscal Health Index	N/A	94.5
Labor Freedom Index	N/A	20
Investment Freedom Index	N/A	10
Financial Freedom Index	N/A	10
Trade Freedom Index	N/A	74.2
Monetary Freedom Index	N/A	68.7
Government Spending Index	N/A	93.1
Tax Burden Index	N/A	95.9
Government Integrity Index	N/A	21.4
Corruption Perceptions Index	60	20
Life expectancy at birth, years	71.3	68
Suicide mortality rate, per 100,000 people	1	6.7
Mortality caused by road traffic injury, per 100,000 people	2	14.5
Intentional homicides, per 100,000 people	34.2	4.2
International tourism, number of arrivals	125k	8.2k

Government debt & reserves

Stat	Saint Kitts and Nevis	Turkmenistan
Central government debt, % of GDP	59.9%	29.3%
External debt stocks, % of GNI	N/A	2.3%
External debt stocks	N/A	$907.3M
Short-term debt, % of total reserves	N/A	20.6%
Total debt service, % of exports and primary income	N/A	22.1%
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	47.2%
Total reserves including gold	$363.2M	$1.5B
Foreign direct investment net inflows	$93.6M	$2B

Exports, imports and economic structure

Stat	Saint Kitts and Nevis	Turkmenistan
Exports of goods and services, % of GDP	59.9%	22.7%
Imports of goods and services, % of GDP	58.8%	12.5%
Current account balance (balance of payments)	-$72.4M	N/A
Revenue excluding grants, % of GDP	27.9%	N/A
Grants excluding technical cooperation, BoP	$15.6M	$14.5M
Personal remittances received	$25.9M	$1.6M
Industry including construction value added, % of GDP	25.7%	57%
Agriculture, forestry and fishing value added, % of GDP	1.2%	9.3%
Charges for the use of intellectual property, payments BoP	$1.8M	N/A
Charges for the use of intellectual property, receipts BoP	$100k	N/A
Expense, % of GDP	24.3%	N/A
Government Expenditure, % of GDP	N/A	15.1%