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Economy of Tunisia vs Turkey compared: GDP & Debt

Updated on by Georank team

Tunisia has a GDP of $51.3B compared to $1.36T for Turkey, ranking 93/197 and 17/197 by economy size, respectively.

Tunisia has $42.8B in government debt (83.4% of GDP), compared to $327B (24% of GDP) in Turkey.

Tunisia vs Turkey GDP by year

Tunisia
Turkey
1x
Year GDP, current $
Tunisia Turkey
2024 $51,332,285,657 $1,359,123,768,774
2023 $48,205,328,303 $1,141,242,864,657
2022 $44,929,920,093 $926,097,476,914
2021 $47,073,234,359 $839,938,668,172
2020 $42,491,780,918 $733,628,247,119
2019 $41,905,642,419 $775,853,144,223
2018 $42,686,504,460 $788,356,985,774
2017 $42,163,530,591 $863,874,522,365
2016 $44,360,072,680 $870,818,016,910
2015 $45,779,494,042 $865,460,050,684
2014 $50,271,812,921 $942,343,431,929
2013 $48,685,446,414 $962,167,643,589
2012 $47,311,401,813 $885,327,622,479
2011 $48,123,325,825 $844,192,507,381
2010 $46,206,091,938 $782,545,664,268
2009 $43,455,740,497 $653,894,449,921
2008 $44,859,439,902 $775,415,944,333
2007 $38,915,353,867 $685,228,481,017
2006 $34,376,664,601 $559,668,118,237
2005 $32,272,186,695 $508,314,210,213
2004 $31,183,885,241 $410,156,784,496
2003 $27,453,902,261 $315,392,899,922
2002 $23,141,616,605 $240,778,008,474
2001 $22,065,832,449 $202,195,080,239
2000 $21,473,528,161 $274,748,463,179
1999 $22,943,202,175 $256,673,939,248
1998 $21,802,893,587 $276,035,372,655
1997 $20,746,210,354 $263,817,553,748
1996 $19,587,161,807 $250,366,965,174
1995 $18,030,876,599 $234,699,627,004
1994 $15,633,174,304 $130,650,447,499
1993 $14,608,335,608 $180,415,757,852
1992 $15,496,708,060 $159,104,772,992
1991 $13,074,782,609 $151,034,731,544
1990 $12,290,568,182 $150,655,500,192
1989 $10,101,851,745 $107,127,191,329
1988 $10,096,245,762 $90,875,175,809
1987 $9,696,715,911 $87,190,081,680
1986 $9,017,806,654 $75,673,037,037
1985 $8,410,226,053 $67,232,758,621
1984 $8,254,541,195 $59,937,602,180
1983 $8,350,582,748 $61,803,555,556
1982 $8,133,580,052 $64,369,325,153
1981 $8,428,445,294 $71,180,180,180
1980 $8,744,134,354 $68,823,684,211
1979 $7,188,863,904 $89,616,129,032
1978 $5,968,460,080 $65,912,500,000
1977 $5,109,324,009 $58,683,333,333
1976 $4,508,191,942 $51,450,000,000
1975 $4,328,965,588 $46,042,857,143
1974 $3,545,868,575 $35,414,285,714
1973 $2,730,813,385 $26,000,000,000
1972 $2,237,556,149 $20,650,000,000
1971 $1,685,162,272 $16,166,666,667
1970 $1,439,238,095 $17,863,636,364
1969 $1,289,904,762 $19,466,666,667
1968 $1,214,666,667 $17,500,000,000
1967 $1,085,714,286 $15,644,444,444
1966 $1,040,952,381 $14,100,000,000
1965 $991,047,619 $11,966,666,667
1964 $1,025,866,792 $11,177,777,778
1963 $1,026,737,600 $10,355,555,556
1962 $880,027,733 $8,922,222,222
1961 $866,155,429 $7,988,888,889
1960 - $7,566,666,667

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/tunisia/turkey | CC BY

GDP per capita in Tunisia vs Turkey by year

Tunisia
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tunisia Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,181 $14,521 $15,893 $45,639
2023 $3,951 $14,041 $13,375 $42,786
2022 $3,707 $13,619 $10,898 $39,564
2021 $3,907 $12,444 $9,982 $32,106
2020 $3,549 $11,918 $8,798 $29,209
2019 $3,529 $12,495 $9,395 $29,016
2018 $3,628 $11,841 $9,684 $28,640
2017 $3,619 $11,289 $10,756 $28,354
2016 $3,848 $10,994 $10,984 $26,731
2015 $4,015 $10,783 $11,065 $25,890
2014 $4,459 $10,947 $12,209 $24,193
2013 $4,370 $10,672 $12,636 $22,475
2012 $4,297 $10,615 $11,777 $20,739
2011 $4,421 $10,436 $11,374 $19,717
2010 $4,292 $10,555 $10,699 $17,466
2009 $4,080 $10,237 $9,077 $15,560
2008 $4,255 $9,975 $10,913 $16,142
2007 $3,727 $9,479 $9,767 $14,951
2006 $3,323 $8,729 $7,990 $13,555
2005 $3,147 $8,117 $7,332 $11,803
2004 $3,067 $7,672 $5,980 $10,759
2003 $2,726 $7,098 $4,650 $9,474
2002 $2,321 $6,715 $3,591 $9,154
2001 $2,236 $6,593 $3,052 $9,014
2000 $2,199 $6,279 $4,199 $9,326
1999 $2,376 $5,930 $3,974 $8,470
1998 $2,285 $5,579 $4,331 $8,763
1997 $2,202 $5,333 $4,197 $11,514
1996 $2,107 $5,040 $4,041 $10,624
1995 $1,968 $4,686 $3,846 $9,962
1994 $1,733 $4,555 $2,176 $9,253
1993 $1,649 $4,401 $3,058 $9,751
1992 $1,785 $4,292 $2,744 $8,969
1991 $1,538 $3,975 $2,649 $8,418
1990 $1,476 $3,780 $2,690 $8,208
1989 $1,239 - $1,949 -
1988 $1,266 - $1,686 -
1987 $1,245 - $1,650 -
1986 $1,187 - $1,461 -
1985 $1,135 - $1,326 -
1984 $1,143 - $1,209 -
1983 $1,184 - $1,276 -
1982 $1,177 - $1,360 -
1981 $1,247 - $1,537 -
1980 $1,324 - $1,516 -
1979 $1,113 - $2,013 -
1978 $946 - $1,510 -
1977 $830 - $1,372 -
1976 $752 - $1,228 -
1975 $741 - $1,122 -
1974 $624 - $881 -
1973 $493 - $661 -
1972 $415 - $537 -
1971 $320 - $431 -
1970 $280.5 - $488 -
1969 $257.7 - $544 -
1968 $248.9 - $501 -
1967 $228 - $459 -
1966 $223.8 - $425 -
1965 $217.3 - $370 -
1964 $228.5 - $354 -
1963 $231.9 - $337 -
1962 $201.4 - $298.2 -
1961 $200.7 - $274.4 -
1960 - - $267.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/tunisia/turkey | CC BY

Tunisia's GDP per capita is $4,181, ranking 129/197, compared to $15,893 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Tunisia ranks 114th at $14,521, while Turkey ranks 51st at $45,639.

Economic indicators

Tunisia Turkey
Gross domestic product
$51.3B
2024
$1.36T
2024
GDP rank
93/197
2024
17/197
2024
GDP growth
1.61%
2023-2024
3.33%
2023-2024
GDP per capita
$4,181
2024
$15,893
2024
GDP per capita rank
129/197
2024
66/197
2024
GDP per capita, PPP
$14,521
2024
$45,639
2024
GDP per capita PPP rank
114/197
2024
51/197
2024
Government debt
$42.8B
2024
$327B
2024
Debt-to-GDP ratio
83.4%
2024
24%
2024
Government debt per person
$3,487
2024
$3,820
2024
Government debt per person rank
94/185
2024
92/185
2024
Average annual personal income after taxes
$3,951
2026
$10,928
2026
Market capitalization of domestic companies
$8.3B
2024
$379B
2024
Number of millionaires n/a
60,787
2025
Number of billionaires n/a
32
2025
Income share by richest 10%
27%
2021
35.2%
2022
Income share by poorest 10%
3.1%
2021
2.1%
2022
Government expenditure, % of GDP
33.8%
2024
32.6%
2024
Consumer prices inflation
7%
2023-2024
58.5%
2023-2024
Central bank interest rate
7.5%
2025
38%
2025
Unemployment rate
15.1%
2023
8.71%
2024
Population
12437803
86002379

Spending and national debt comparison by year

Tunisia
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Tunisia Turkey
Government spending Government debt Government spending Government debt
2024 33.8% 83.4% 32.6% 24%
2023 35.7% 84% 32.5% 28.7%
2022 36.5% 83% 26.8% 30.2%
2021 33.2% 79.7% 30.5% 39.4%
2020 34.5% 77.7% 34% 38.7%
2019 29.5% 67.3% 34.8% 31.8%
2018 28.7% 72.9% 33.9% 29.5%
2017 28.7% 67.1% 32.4% 27.6%
2016 27.2% 58.9% 33.8% 27.7%
2015 27.4% 52.4% 32.4% 27.1%
2014 27.7% 50.7% 32.5% 28.2%
2013 30.8% 45.6% 33.5% 30.8%
2012 28.3% 49% 34% 32.1%
2011 27.9% 43.3% 32.6% 35.7%
2010 24% 38.8% 35.2% 39.2%
2009 24.6% 40.3% 37% 42.9%
2008 23.7% 41.4% 33.5% 37.5%
2007 23.3% 42.7% 32.7% 37.5%
2006 22.9% 45.7% 33.4% 44%
2005 23% 50% 32% 50%
2004 23% 51.6% 34.5% 57%
2003 23.5% 52.6% 38.3% 65%
2002 24.1% 51.6% 40.9% 71.3%
2001 24% 52.2% 43.9% 75.3%
2000 24% 62.9% 39.4% 51.2%
1999 24% 61.9% 32.7% 52.1%
1998 24.2% 58.2% 27.9% 36.5%
1997 24.5% 66.6% 26.4% 32.5%
1996 26.7% 66.8% 24.5% 35.5%
1995 26.6% 65.6% 19.4% 34.6%
1994 25.9% 63.9% 20.5% 39.2%
1993 26.7% 63.8% 22% 29.1%
1992 25.7% 62.1% 18.6% 29.2%
1991 27.6% 63.3% 18.2% 28.4%
1990 - - 14.1% 25.8%
1989 - - 13.8% 33.5%
1988 - - 12.9% 38.6%
1987 - - 13.3% 40.3%
1986 - - 12.1% 38.2%
1985 - - 18% 44.3%
1984 - - 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 - - 28.3% 23.6%
1978 - - 27.6% 25.8%
1977 - - 27.8% 24%
1976 - - 23.3% 20.4%
1975 - - 22% 20.2%
1974 - - 19% 19%
1973 - - 21.8% 23.1%
1972 - - 21.9% 30.1%
1971 - - 24.8% 34.4%
1970 - - 22.7% 39.8%
1969 - - 20.5% 33.2%
1968 - - 19% 33.2%
1967 - - 20.1% 33.3%
1966 - - 18.9% 33.4%
1965 - - 19% 33.4%
1964 - - 18.9% 25.7%
1963 - - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 - - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/turkey | CC BY

In 2024, Tunisia's government spending was $17.4B, accounting for 33.8% of its GDP, while Turkey spent $444B, or 32.6% of GDP.

Debt-to-GDP ratio is 83.4% in Tunisia and 24% in Turkey, ranking 40/185 and 170/185, respectively.

Government deficit by year

Deficit/surplus
Tunisia

Turkey
1x
Year Deficit/surplus, % of GDP
Tunisia Turkey
2024 -5.92% -4.57%
2023 -7.03% -5.22%
2022 -6.91% -1.1%
2021 -7.6% -2.98%
2020 -9.06% -4.64%
2019 -3.6% -4.69%
2018 -4.27% -3.1%
2017 -5.61% -1.87%
2016 -5.87% -1.68%
2015 -4.95% -0.51%
2014 -3.11% -0.96%
2013 -7.05% -1.21%
2012 -4.9% -1.78%
2011 -3.19% -0.35%
2010 -0.46% -2.99%
2009 -2.59% -5.14%
2008 -0.62% -2.13%
2007 -2.47% -1.37%
2006 -2.33% -0.22%
2005 -2.59% -0.75%
2004 -2.1% -4.11%
2003 -2.64% -7.55%
2002 -2.55% -11.3%
2001 -2.87% -11.6%
2000 -3.22% -8.36%
1999 -3.05% -13.8%
1998 -2.84% -9.84%
1997 -3.7% -10.1%
1996 -5.18% -10.7%
1995 -4.53% -5.95%
1994 -2.87% -6.04%
1993 -3.22% -8.84%
1992 -3.45% -6.73%
1991 -5.25% -6.86%
1990 - -3.65%
1989 - -3.87%
1988 - -3.2%
1987 - -3.47%
1986 - -2.43%
1985 - -5.84%
1984 - -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/turkey | CC BY

In 2024, Tunisia's government deficit, the difference between spending and revenue, was $3.04B, equivalent to 5.92% of GDP. This compares to Turkey's deficit of $62.1B, or 4.57% of GDP.

Over the past 34 years, Tunisia recorded a fiscal deficit in 34 of those years, while Turkey ran a deficit in 34 years. On average, Tunisia posted an annual deficit equal to 4.05% of GDP, compared to deficit of 4.97% of GDP for Turkey.

Inflation comparison by year

Inflation
Tunisia

Turkey
1x
Year Consumer prices inflation
Tunisia Turkey
2024 7% 58.5%
2023 9.3% 53.9%
2022 8.3% 72.3%
2021 5.7% 19.6%
2020 5.6% 12.3%
2019 6.7% 15.2%
2018 7.3% 16.3%
2017 5.3% 11.1%
2016 3.6% 7.78%
2015 4.4% 7.67%
2014 4.6% 8.85%
2013 5.3% 7.49%
2012 4.6% 8.89%
2011 3.2% 6.47%
2010 4.4% 8.57%
2009 3.5% 6.25%
2008 4.9% 10.4%
2007 3.4% 8.76%
2006 4.1% 9.6%
2005 2% 8.18%
2004 3.7% 8.6%
2003 2.7% 21.6%
2002 2.7% 45%
2001 1.9% 54.4%
2000 2.8% 54.9%
1999 2.8% 64.9%
1998 3.1% 84.6%
1997 3.6% 85.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/tunisia/turkey | CC BY

Over the past 28 years, Tunisia has recorded an average annual inflation rate of 4.52%, compared with 27.8% in Turkey. In 2024, inflation was 7% in Tunisia and 58.5% in Turkey.

Top exports between countries

Tunisia
Export category Export value
Raw materials & minerals $204M
Machinery & equipment $61.3M
Chemicals & pharma $15M
Raw agricultural goods $12.2M
Metals $11.6M
Textiles & consumer goods $8.73M
Processed food, beverages & tobacco $7.8M
Animal & marine products $1.42M
Wood & paper products $132K
Precious metals & jewellery $111K
Turkey
Export category Export value
Textiles & consumer goods $283M
Machinery & equipment $248M
Metals $179M
Chemicals & pharma $120M
Raw materials & minerals $111M
Wood & paper products $62.7M
Processed food, beverages & tobacco $51M
Raw agricultural goods $48.3M
Miscellaneous $7.35M
Animal & marine products $2.76M

Balance of trade

Tunisia Turkey
Current account balance
-$775M
2024
-$10.2B
2024
Current account balance ranking
117/190
2024
176/190
2024
Current account balance, % of GDP
-1.51%
2024
-0.75%
2024
Goods imports
$18.7B
2024
$314B
2024
Goods exports
$8.95B
2024
$257B
2024
Service imports
$3.92B
2024
$53.3B
2024
Service exports
$11.2B
2024
$115B
2024
Imports of goods and services, % of GDP
56.3%
2024
27%
2024
Exports of goods and services, % of GDP
50%
2024
27.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tunisia Turkey
Economic freedom 48.1 55
Economic freedom ranking 172/197 129/197
Property rights 55.7 36.4
Government integrity 42.1 35.3
Judicial effectiveness 39.7 23.5
Tax burden 68.5 72
Government spending 62.5 71.8
Fiscal health 16 77.8
Business freedom 59.4 61.6
Labor freedom 55.8 44.3
Monetary freedom 72.4 36.5
Trade freedom 54.6 71
Investment freedom 20 70
Financial freedom 30 60

Economic freedom comparison by year

Tunisia
Turkey
1x
Year Economic freedom index
Tunisia Turkey
2026 48.1 55
2025 49.1 56.1
2024 48.8 56.2
2023 52.9 56.9
2022 54.2 56.9
2021 56.6 64
2020 55.8 64.4
2019 55.4 64.6
2018 58.9 65.4
2017 55.7 65.2
2016 57.6 62.1
2015 57.7 63.2
2014 57.3 64.9
2013 57 62.9
2012 58.6 62.5
2011 58.5 64.2
2010 58.9 63.8
2009 58 61.6
2008 60.1 59.9
2007 60.3 57.4
2006 57.5 57
2005 55.4 50.6
2004 58.4 52.8
2003 58.1 51.9
2002 60.2 54.2
2001 60.8 60.6
2000 61.3 63.4
1999 61.1 59.2
1998 63.9 60.9
1997 63.8 60.8
1996 63.9 56.7
1995 63.4 58.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/tunisia/turkey | CC BY

The Economic Freedom Index for Tunisia is 48.1, ranking 172/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tunisia Turkey
Services, % of GDP
62.6%
2024
57.5%
2024
Industry, % of GDP
22.6%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
9.74%
2024
5.82%
2024
GNI, Atlas method
$47.7B
2024
$1.15T
2024
GNI per capita, PPP
$14,230
2024
$45,110
2024
Total reserves including gold
$9.34B
2024
$155B
2024
Total reserves ranking
80/177
2024
21/177
2024
Net foreign direct investment
-$725M
2024
-$5.13B
2024
Net inflows of foreign direct investment
$760M
2024
$11.7B
2024
Net outflows of foreign direct investment
$34.6M
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
10.9%
2024
6.67%
2024
Poverty at national poverty lines
16.6%
2021
13.6%
2023
Gross capital formation, % of GDP
7.86%
2024
30.7%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/tunisia/turkey | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.