The Seychelles vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, Turkey and the Seychelles ranked 36th vs 45th and 78th vs 55th, respectively.

Gross Domestic Product & Income

StatSeychellesTurkey
GDP$1.6B$771.4B
GDP growth, 1 year3.6%2.6%
GDP growth, 5-years average4.6%4.9%
Population96k82M
GDP per capita$16k$9.4k
GDP per capita growth2.64%1.31%
Purchasing Power Parity conversion factor7.481.61
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.33
GDP per capita, PPP adjusted$31k$28k
GNI, Atlas method$1.5B$858.1B
GNI per capita$16k$10k
GNI, PPP adjusted$2.8B$2.3T
GNI per capita, PPP adjusted$29k$28k

Financial system and Human development

StatSeychellesTurkey
Income Tax Rate15%35%
Corporate Tax Rate33%22%
Inflation, consumer prices3.7%16.3%
Inflation, GDP deflator4.1%16.4%
Unemployment3%10.9%
Economic Freedom Index64.364.4
Personal Freedom Index7.176.97
Human Freedom Index7.146.96
Property Rights Index68.357.4
Judical Effectiveness Index46.453.7
Business Freedom Index65.367
Fiscal Health Index93.286.1
Labor Freedom Index62.849.2
Investment Freedom Index5570
Financial Freedom Index3060
Trade Freedom Index82.678
Monetary Freedom Index78.666.1
Government Spending Index58.964.1
Tax Burden Index76.876.7
Government Integrity Index53.344.6
Corruption Perceptions Index6641
Life expectancy at birth, years74.377.2
Suicide mortality rate, per 100,000 people9.37.3
Mortality caused by road traffic injury, per 100,000 people15.912.3
Intentional homicides, per 100,000 people12.74.3
International tourism, number of arrivals362k45.8M

Government debt & reserves

StatSeychellesTurkey
Central government debt, % of GDP58.2%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 GNIN/A11.4%
Gross savings, % of GDP10.2%27.1%
Gross capital formation, % of GDP32.5%29.6%
Total reserves including gold$549.5M$93B
Foreign direct investment net inflows$43.9M$13.1B

Exports, imports and economic structure

StatSeychellesTurkey
Exports of goods and services, % of GDP87%29.5%
Imports of goods and services, % of GDP102.1%30.6%
Current account balance (balance of payments)-$269.4M-$27B
Revenue excluding grants, % of GDP36.4%30.7%
Grants excluding technical cooperation, BoP$13.8M$1.3B
Personal remittances received$22.7M$1.1B
Industry including construction value added, % of GDP10.9%29.5%
Agriculture, forestry and fishing value added, % of GDP2%5.8%
Charges for the use of intellectual property, payments BoP$2.2M$726M
Charges for the use of intellectual property, receipts BoP$1.4M$29M
Expense, % of GDP33.3%33.9%
Government Expenditure, % of GDP37%34.6%

Compare with countries close by GDP per capita

Seychelles vs

CountryGDP
per capita
Population
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
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
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
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

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