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South Africa vs Turkmenistan: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, South Africa and Turkmenistan ranked 151st vs 9th and 95th vs 92nd, respectively.

Gross Domestic Product & Income

StatSouth AfricaTurkmenistan
GDP$368.3B$40.8B
GDP growth, 1 year0.8%6.2%
GDP growth, 5-years average1.1%7.1%
Population57.7M5.1M
GDP per capita$6.4k$7k
GDP per capita growth-0.57%4.51%
Purchasing Power Parity conversion factor6.161.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.470.36
GDP per capita, PPP adjusted$14k$20k
GNI, Atlas method$332.3B$39.4B
GNI per capita$5.8k$6.7k
GNI, PPP adjusted$765.8B$108.2B
GNI per capita, PPP adjusted$13k$18k

Financial system and Human development

StatSouth AfricaTurkmenistan
Income Tax Rate45%10%
Corporate Tax Rate28%8%
Inflation, consumer prices4.6%13.6%
Inflation, GDP deflator3.9%1.2%
Unemployment27%3.8%
Economic Freedom Index58.846.5
Personal Freedom Index6.924.1
Human Freedom Index6.784.1
Property Rights Index58.420.1
Judical Effectiveness Index3820
Business Freedom Index6230
Fiscal Health Index6494.5
Labor Freedom Index58.820
Investment Freedom Index4510
Financial Freedom Index5010
Trade Freedom Index75.874.2
Monetary Freedom Index75.968.7
Government Spending Index67.493.1
Tax Burden Index63.795.9
Government Integrity Index46.621.4
Corruption Perceptions Index4320
Life expectancy at birth, years63.568
Suicide mortality rate, per 100,000 people11.66.7
Mortality caused by road traffic injury, per 100,000 people25.914.5
Intentional homicides, per 100,000 people35.94.2
International tourism, number of arrivals10.5M8.2k

Government debt & reserves

StatSouth AfricaTurkmenistan
Central government debt, % of GDP56.7%29.3%
External debt stocks, % of GNI50.6%2.3%
External debt stocks$179.3B$907.3M
Short-term debt, % of total reserves70.9%20.6%
Total debt service, % of exports and primary income19.9%22.1%
Adjusted net savings including particulate emission damage, % of GNI0.6%N/A
Gross savings, % of GDP14.9%N/A
Gross capital formation, % of GDP17.9%47.2%
Total reserves including gold$51.6B$1.5B
Foreign direct investment net inflows$5.5B$2B

Exports, imports and economic structure

StatSouth AfricaTurkmenistan
Exports of goods and services, % of GDP29.9%22.7%
Imports of goods and services, % of GDP29.6%12.5%
Current account balance (balance of payments)-$13.4BN/A
Revenue excluding grants, % of GDP30.9%N/A
Grants excluding technical cooperation, BoP$817.9M$14.5M
Personal remittances received$929M$1.6M
Industry including construction value added, % of GDP25.9%57%
Agriculture, forestry and fishing value added, % of GDP2.2%9.3%
Charges for the use of intellectual property, payments BoP$1.8BN/A
Charges for the use of intellectual property, receipts BoP$120.7MN/A
Expense, % of GDP34.4%N/A
Government Expenditure, % of GDP33%15.1%

Compare with countries close by GDP per capita

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M

Turkmenistan vs

CountryGDP
per capita
Population
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k