Senegal vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Senegal ranked 111th with $24.1B. By GDP 5-years average growth and GDP per capita, Turkey and Senegal ranked 36th vs 20th and 78th vs 160th, respectively.

Gross Domestic Product & Income

StatSenegalTurkey
GDP$24.1B$771.4B
GDP growth, 1 year6.2%2.6%
GDP growth, 5-years average6.5%4.9%
Population15.9M82M
GDP per capita$1.5k$9.4k
GDP per capita growth3.84%1.31%
Purchasing Power Parity conversion factor223.61.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.40.33
GDP per capita, PPP adjusted$3.7k$28k
GNI, Atlas method$22.4B$858.1B
GNI per capita$1.4k$10k
GNI, PPP adjusted$58.2B$2.3T
GNI per capita, PPP adjusted$3.7k$28k

Financial system and Human development

StatSenegalTurkey
Income Tax Rate40%35%
Corporate Tax Rate30%22%
Inflation, consumer prices0.5%16.3%
Inflation, GDP deflator2.3%16.4%
Unemployment6.5%10.9%
Economic Freedom Index5864.4
Personal Freedom Index6.676.97
Human Freedom Index6.296.96
Property Rights Index52.457.4
Judical Effectiveness Index39.853.7
Business Freedom Index50.467
Fiscal Health Index75.286.1
Labor Freedom Index38.149.2
Investment Freedom Index6070
Financial Freedom Index4060
Trade Freedom Index65.478
Monetary Freedom Index79.766.1
Government Spending Index84.464.1
Tax Burden Index70.276.7
Government Integrity Index40.644.6
Corruption Perceptions Index4541
Life expectancy at birth, years67.477.2
Suicide mortality rate, per 100,000 people67.3
Mortality caused by road traffic injury, per 100,000 people23.412.3
Intentional homicides, per 100,000 people7.44.3
International tourism, number of arrivals1.4M45.8M

Government debt & reserves

StatSenegalTurkey
Central government debt, % of GDP64.4%29.1%
External debt stocks, % of GNI52.4%59%
External debt stocks$12.3B$445.1B
Short-term debt, % of total reservesN/A124.1%
Total debt service, % of exports and primary income13.5%36.7%
Adjusted net savings including particulate emission damage, % of GNI12.3%11.4%
Gross savings, % of GDP20.4%27.1%
Gross capital formation, % of GDP28.7%29.6%
Total reserves including goldN/A$93B
Foreign direct investment net inflows$629.3M$13.1B

Exports, imports and economic structure

StatSenegalTurkey
Exports of goods and services, % of GDP21.9%29.5%
Imports of goods and services, % of GDP36.1%30.6%
Current account balance (balance of payments)-$1.5B-$27B
Revenue excluding grants, % of GDP19.2%30.7%
Grants excluding technical cooperation, BoP$478.7M$1.3B
Personal remittances received$2.4B$1.1B
Industry including construction value added, % of GDP25.8%29.5%
Agriculture, forestry and fishing value added, % of GDP16.6%5.8%
Charges for the use of intellectual property, payments BoP$8.1M$726M
Charges for the use of intellectual property, receipts BoP$4.9M$29M
Expense, % of GDP18.3%33.9%
Government Expenditure, % of GDP22.8%34.6%

Compare with countries close by GDP per capita

Senegal vs

CountryGDP
per capita
Population
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M

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