Taiwan vs Turkmenistan: Economic Indicators Comparison

Taiwan with a GDP of $585.8B ranked the 21st largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, Taiwan and Turkmenistan ranked 115th vs 9th and 38th vs 92nd, respectively.

Gross Domestic Product & Income

StatTaiwanTurkmenistan
GDP$585.8B$40.8B
GDP growth, 1 year2.6%6.2%
GDP growth, 5-years average2.4%7.1%
Population23.6M5.9M
GDP per capita$25k$7k
GDP per capita growthN/A4.51%
Purchasing Power Parity conversion factorN/A1.26
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.36
GDP per capita, PPP adjusted$53k$20k
GNI, Atlas methodN/A$39.4B
GNI per capitaN/A$6.7k
GNI, PPP adjustedN/A$108.2B
GNI per capita, PPP adjustedN/A$18k

Financial system and Human development

StatTaiwanTurkmenistan
Income Tax Rate45%10%
Corporate Tax Rate20%8%
Inflation, consumer prices1.5%13.6%
Inflation, GDP deflatorN/A1.2%
Unemployment3.7%3.8%
Economic Freedom Index77.146.5
Personal Freedom Index8.094.1
Human Freedom Index7.794.1
Property Rights Index86.920.1
Judical Effectiveness Index70.120
Business Freedom Index93.930
Fiscal Health Index9194.5
Labor Freedom Index60.320
Investment Freedom Index6010
Financial Freedom Index6010
Trade Freedom Index8674.2
Monetary Freedom Index82.768.7
Government Spending Index90.593.1
Tax Burden Index7595.9
Government Integrity Index68.921.4
Corruption Perceptions Index6320
Life expectancy at birth, years80.268
Suicide mortality rate, per 100,000 people12.56.7
Mortality caused by road traffic injury, per 100,000 people6.314.5
Intentional homicides, per 100,000 people0.84.2
International tourism, number of arrivalsN/A8.2k

Government debt & reserves

StatTaiwanTurkmenistan
Central government debt, % of GDP35%29.3%
External debt stocks, % of GNIN/A2.3%
External debt stocksN/A$907.3M
Short-term debt, % of total reservesN/A20.6%
Total debt service, % of exports and primary incomeN/A22.1%
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/A47.2%
Total reserves including goldN/A$1.5B
Foreign direct investment net inflowsN/A$2B

Exports, imports and economic structure

StatTaiwanTurkmenistan
Exports of goods and services, % of GDPN/A22.7%
Imports of goods and services, % of GDPN/A12.5%
Current account balance (balance of payments)N/AN/A
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoPN/A$14.5M
Personal remittances receivedN/A$1.6M
Industry including construction value added, % of GDPN/A57%
Agriculture, forestry and fishing value added, % of GDPN/A9.3%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP17.8%15.1%

Compare with countries close by GDP per capita

Taiwan vs

CountryGDP
per capita
Population
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Bahrain
$24k
1.49M
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

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