Sri Lanka vs Turkmenistan: Economic Indicators Comparison

Sri Lanka with a GDP of $88.9B ranked the 65th largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, Sri Lanka and Turkmenistan ranked 51st vs 9th and 120th vs 92nd, respectively.

Gross Domestic Product & Income

StatSri LankaTurkmenistan
GDP$88.9B$40.8B
GDP growth, 1 year3%6.2%
GDP growth, 5-years average4.2%7.1%
Population21.4M5.9M
GDP per capita$4.1k$7k
GDP per capita growth2.13%4.51%
Purchasing Power Parity conversion factor49.491.26
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.36
GDP per capita, PPP adjusted$13k$20k
GNI, Atlas method$87.9B$39.4B
GNI per capita$4.1k$6.7k
GNI, PPP adjusted$284.1B$108.2B
GNI per capita, PPP adjusted$13k$18k

Financial system and Human development

StatSri LankaTurkmenistan
Income Tax Rate24%10%
Corporate Tax Rate28%8%
Inflation, consumer prices4.3%13.6%
Inflation, GDP deflator4.3%1.2%
Unemployment4.4%3.8%
Economic Freedom Index57.446.5
Personal Freedom Index5.244.1
Human Freedom Index5.694.1
Property Rights Index47.720.1
Judical Effectiveness Index39.220
Business Freedom Index76.530
Fiscal Health Index39.394.5
Labor Freedom Index58.620
Investment Freedom Index4010
Financial Freedom Index4010
Trade Freedom Index67.674.2
Monetary Freedom Index71.168.7
Government Spending Index88.993.1
Tax Burden Index84.895.9
Government Integrity Index34.721.4
Corruption Perceptions Index3820
Life expectancy at birth, years76.668
Suicide mortality rate, per 100,000 people14.66.7
Mortality caused by road traffic injury, per 100,000 people14.914.5
Intentional homicides, per 100,000 people2.34.2
International tourism, number of arrivals2.3M8.2k

Government debt & reserves

StatSri LankaTurkmenistan
Central government debt, % of GDP84.1%29.3%
External debt stocks, % of GNI60.8%2.3%
External debt stocks$52.6B$907.3M
Short-term debt, % of total reserves118.2%20.6%
Total debt service, % of exports and primary income36%22.1%
Adjusted net savings including particulate emission damage, % of GNI28.5%N/A
Gross savings, % of GDP25.5%N/A
Gross capital formation, % of GDP28.6%47.2%
Total reserves including gold$6.9B$1.5B
Foreign direct investment net inflows$1.6B$2B

Exports, imports and economic structure

StatSri LankaTurkmenistan
Exports of goods and services, % of GDP22.8%22.7%
Imports of goods and services, % of GDP30.1%12.5%
Current account balance (balance of payments)-$2.8BN/A
Revenue excluding grants, % of GDP13.3%N/A
Grants excluding technical cooperation, BoP$182.6M$14.5M
Personal remittances received$7B$1.6M
Industry including construction value added, % of GDP27%57%
Agriculture, forestry and fishing value added, % of GDP7.9%9.3%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP16.2%N/A
Government Expenditure, % of GDP19.2%15.1%

Compare with countries close by GDP per capita

Sri Lanka vs

CountryGDP
per capita
Population
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M

Turkmenistan vs

CountryGDP
per capita
Population
Mexico
$9.7k
131M
Turkey
$9.4k
82M
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
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M