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Economy of Tunisia vs Turkmenistan compared: GDP & Debt

Updated on by Georank team

Tunisia has a GDP of $51.3B compared to $51.4B for Turkmenistan, ranking 93/197 and 92/197 by economy size, respectively.

Tunisia has $42.8B in government debt (83.4% of GDP), compared to $2.11B (4.11% of GDP) in Turkmenistan.

Tunisia vs Turkmenistan GDP by year

Tunisia
Turkmenistan
1x
Year GDP, current $
Tunisia Turkmenistan
2024 $51,332,285,657 $51,387,209,872
2023 $48,205,328,303 $45,894,538,666
2022 $44,929,920,093 $42,208,726,138
2021 $47,073,234,359 $40,589,905,812
2020 $42,491,780,918 $41,509,903,182
2019 $41,905,642,419 $40,810,067,975
2018 $42,686,504,460 $40,765,428,571
2017 $42,163,530,591 $37,926,285,714
2016 $44,360,072,680 $36,169,428,571
2015 $45,779,494,042 $35,799,714,286
2014 $50,271,812,921 $43,524,210,526
2013 $48,685,446,414 $39,197,543,860
2012 $47,311,401,813 $35,164,210,526
2011 $48,123,325,825 $29,233,333,333
2010 $46,206,091,938 $22,583,157,895
2009 $43,455,740,497 $20,214,385,965
2008 $44,859,439,902 $19,271,523,179
2007 $38,915,353,867 $12,664,165,103
2006 $34,376,664,601 $10,276,674,365
2005 $32,272,186,695 $8,103,901,996
2004 $31,183,885,241 $6,838,351,088
2003 $27,453,902,261 $5,977,440,583
2002 $23,141,616,605 $4,462,029,109
2001 $22,065,832,449 $3,534,772,732
2000 $21,473,528,161 $2,904,663,311
1999 $22,943,202,175 $2,450,564,100
1998 $21,802,893,587 $2,605,689,134
1997 $20,746,210,354 $2,450,350,625
1996 $19,587,161,807 $2,378,759,975
1995 $18,030,876,599 $2,482,228,440
1994 $15,633,174,304 $2,561,118,608
1993 $14,608,335,608 $3,179,225,949
1992 $15,496,708,060 $3,200,539,816
1991 $13,074,782,609 $3,208,098,919
1990 $12,290,568,182 $3,189,539,641
1989 $10,101,851,745 $3,006,988,217
1988 $10,096,245,762 $3,010,982,414
1987 $9,696,715,911 $2,331,358,820
1986 $9,017,806,654 -
1985 $8,410,226,053 -
1984 $8,254,541,195 -
1983 $8,350,582,748 -
1982 $8,133,580,052 -
1981 $8,428,445,294 -
1980 $8,744,134,354 -
1979 $7,188,863,904 -
1978 $5,968,460,080 -
1977 $5,109,324,009 -
1976 $4,508,191,942 -
1975 $4,328,965,588 -
1974 $3,545,868,575 -
1973 $2,730,813,385 -
1972 $2,237,556,149 -
1971 $1,685,162,272 -
1970 $1,439,238,095 -
1969 $1,289,904,762 -
1968 $1,214,666,667 -
1967 $1,085,714,286 -
1966 $1,040,952,381 -
1965 $991,047,619 -
1964 $1,025,866,792 -
1963 $1,026,737,600 -
1962 $880,027,733 -
1961 $866,155,429 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Tunisia vs Turkmenistan by year

Tunisia
GDP per capita

GDP per capita, PPP
Turkmenistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tunisia Turkmenistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,181 $14,521 $6,857 $21,213
2023 $3,951 $14,041 $6,232 $19,829
2022 $3,707 $13,619 $5,838 $18,340
2021 $3,907 $12,444 $5,723 $16,434
2020 $3,549 $11,918 $5,973 $15,091
2019 $3,529 $12,495 $5,998 $15,478
2018 $3,628 $11,841 $6,125 $14,368
2017 $3,619 $11,289 $5,828 $13,278
2016 $3,848 $10,994 $5,687 $12,919
2015 $4,015 $10,783 $5,759 $12,715
2014 $4,459 $10,947 $7,164 $12,477
2013 $4,370 $10,672 $6,600 $11,723
2012 $4,297 $10,615 $6,054 $11,035
2011 $4,421 $10,436 $5,144 $10,283
2010 $4,292 $10,555 $4,059 $8,972
2009 $4,080 $10,237 $3,708 $8,285
2008 $4,255 $9,975 $3,606 $7,916
2007 $3,727 $9,479 $2,415 $6,901
2006 $3,323 $8,729 $1,997 $6,164
2005 $3,147 $8,117 $1,604 $5,489
2004 $3,067 $7,672 $1,379 $4,798
2003 $2,726 $7,098 $1,229 $4,536
2002 $2,321 $6,715 $936 $4,393
2001 $2,236 $6,593 $756 $4,401
2000 $2,199 $6,279 $634 $4,209
1999 $2,376 $5,930 $546 $3,981
1998 $2,285 $5,579 $591 $3,432
1997 $2,202 $5,333 $565 $3,222
1996 $2,107 $5,040 $558 $3,636
1995 $1,968 $4,686 $592 $3,405
1994 $1,733 $4,555 $622 $3,659
1993 $1,649 $4,401 $788 $4,422
1992 $1,785 $4,292 $811 $4,351
1991 $1,538 $3,975 $832 $5,117
1990 $1,476 $3,780 $848 $5,321
1989 $1,239 - $821 -
1988 $1,266 - $846 -
1987 $1,245 - $675 -
1986 $1,187 - - -
1985 $1,135 - - -
1984 $1,143 - - -
1983 $1,184 - - -
1982 $1,177 - - -
1981 $1,247 - - -
1980 $1,324 - - -
1979 $1,113 - - -
1978 $946 - - -
1977 $830 - - -
1976 $752 - - -
1975 $741 - - -
1974 $624 - - -
1973 $493 - - -
1972 $415 - - -
1971 $320 - - -
1970 $280.5 - - -
1969 $257.7 - - -
1968 $248.9 - - -
1967 $228 - - -
1966 $223.8 - - -
1965 $217.3 - - -
1964 $228.5 - - -
1963 $231.9 - - -
1962 $201.4 - - -
1961 $200.7 - - -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

Tunisia's GDP per capita is $4,181, ranking 129/197, compared to $6,857 in Turkmenistan, ranking 104/197. Adjusted for purchasing power (GDP per capita PPP), Tunisia ranks 114th at $14,521, while Turkmenistan ranks 94th at $21,213.

Economic indicators

Tunisia Turkmenistan
Gross domestic product
$51.3B
2024
$51.4B
2024
GDP rank
93/197
2024
92/197
2024
GDP growth
1.61%
2023-2024
6.3%
2023-2024
GDP per capita
$4,181
2024
$6,857
2024
GDP per capita rank
129/197
2024
104/197
2024
GDP per capita, PPP
$14,521
2024
$21,213
2024
GDP per capita PPP rank
114/197
2024
94/197
2024
Government debt
$42.8B
2024
$2.11B
2024
Debt-to-GDP ratio
83.4%
2024
4.11%
2024
Government debt per person
$3,487
2024
$282
2024
Government debt per person rank
94/185
2024
179/185
2024
Average annual personal income after taxes
$3,951
2026
$7,520
2026
Market capitalization of domestic companies
$8.3B
2024
n/a
Income share by richest 10%
27%
2021
31.5%
1998
Income share by poorest 10%
3.1%
2021
2.4%
1998
Government expenditure, % of GDP
33.8%
2024
14.5%
2024
Consumer prices inflation
7%
2023-2024
4.6%
2023-2024
Central bank interest rate
7.5%
2025
n/a
Unemployment rate
15.1%
2023
4%
2010
Population
12437803
7776557

Spending and national debt comparison by year

Tunisia
Spending

Debt
Turkmenistan
Spending

Debt
1x
Year % of GDP
Tunisia Turkmenistan
Government spending Government debt Government spending Government debt
2024 33.8% 83.4% 14.5% 4.11%
2023 35.7% 84% 13.7% 5.46%
2022 36.5% 83% 13% 7.14%
2021 33.2% 79.7% 13.4% 12.3%
2020 34.5% 77.7% 13.5% 15.4%
2019 29.5% 67.3% 13.6% 17.7%
2018 28.7% 72.9% 13.7% 22.5%
2017 28.7% 67.1% 17.8% 24.7%
2016 27.2% 58.9% 14.1% 21.1%
2015 27.4% 52.4% 17.3% 19%
2014 27.7% 50.7% 17% 16%
2013 30.8% 45.6% 16.9% 20.4%
2012 28.3% 49% 14.7% 17.9%
2011 27.9% 43.3% 15.4% 14.8%
2010 24% 38.8% 14.6% 7.04%
2009 24.6% 40.3% 14.4% 3.09%
2008 23.7% 41.4% 11.7% 3.56%
2007 23.3% 42.7% 14.4% 3.06%
2006 22.9% 45.7% 16% 4.23%
2005 23% 50% 21.1% 6.82%
2004 23% 51.6% 20.3% 11.4%
2003 23.5% 52.6% 20.8% 16.9%
2002 24.1% 51.6% 19.4% 24.2%
2001 24% 52.2% 22.6% 34.1%
2000 24% 62.9% 25.9% 55.1%
1999 24% 61.9% 20.8% 66.7%
1998 24.2% 58.2% 26.1% 81.6%
1997 24.5% 66.6% 26.9% 64.2%
1996 26.7% 66.8% - -
1995 26.6% 65.6% - -
1994 25.9% 63.9% - -
1993 26.7% 63.8% - -
1992 25.7% 62.1% - -
1991 27.6% 63.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Tunisia's government spending was $17.4B, accounting for 33.8% of its GDP, while Turkmenistan spent $7.46B, or 14.5% of GDP.

Debt-to-GDP ratio is 83.4% in Tunisia and 4.11% in Turkmenistan, ranking 40/185 and 183/185, respectively.

Government deficit by year

Deficit/surplus
Tunisia

Turkmenistan
1x
Year Deficit/surplus, % of GDP
Tunisia Turkmenistan
2024 -5.92% -0.08%
2023 -7.03% 0.11%
2022 -6.91% 3.38%
2021 -7.6% 0.57%
2020 -9.06% -0.16%
2019 -3.6% -0.4%
2018 -4.27% -0.22%
2017 -5.61% -2.84%
2016 -5.87% -2.38%
2015 -4.95% -0.7%
2014 -3.11% 0.89%
2013 -7.05% 1.53%
2012 -4.9% 7.53%
2011 -3.19% 3.84%
2010 -0.46% 2.13%
2009 -2.59% 7.53%
2008 -0.62% 10.7%
2007 -2.47% 4.19%
2006 -2.33% 5.64%
2005 -2.59% 0.86%
2004 -2.1% 1.47%
2003 -2.64% 3.99%
2002 -2.55% 0.19%
2001 -2.87% 0.77%
2000 -3.22% -0.55%
1999 -3.05% 2.48%
1998 -2.84% 1.15%
1997 -3.7% -0.2%
1996 -5.18% -
1995 -4.53% -
1994 -2.87% -
1993 -3.22% -
1992 -3.45% -
1991 -5.25% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

GeoRank.org/economy/tunisia/turkmenistan | 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 Turkmenistan's deficit of $42.9M, or 0.08% of GDP.

Over the past 28 years, Tunisia recorded a fiscal deficit in 28 of those years, while Turkmenistan ran a deficit in 9 years. On average, Tunisia posted an annual deficit equal to 4.04% of GDP, compared to surplus of 1.84% of GDP for Turkmenistan.

Inflation comparison by year

Inflation
Tunisia

Turkmenistan
1x
Year Consumer prices inflation
Tunisia Turkmenistan
2024 7% 4.6%
2023 9.3% -1.6%
2022 8.3% 11.2%
2021 5.7% 19.5%
2020 5.6% 6.1%
2019 6.7% 5.1%
2018 7.3% 13.3%
2017 5.3% 8%
2016 3.6% 3.6%
2015 4.4% 7.4%
2014 4.6% 6%
2013 5.3% 6.8%
2012 4.6% 5.3%
2011 3.2% 5.3%
2010 4.4% 4.4%
2009 3.5% -2.7%
2008 4.9% 14.5%
2007 3.4% 6.3%
2006 4.1% 8.2%
2005 2% 10.7%
2004 3.7% 5.9%
2003 2.7% 5.6%
2002 2.7% 8.8%
2001 1.9% 11.6%
2000 2.8% 8%
1999 2.8% 23.5%
1998 3.1% 16.8%
1997 3.6% 83.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Tunisia has recorded an average annual inflation rate of 4.52%, compared with 10.9% in Turkmenistan. In 2024, inflation was 7% in Tunisia and 4.6% in Turkmenistan.

Top exports between countries

Tunisia
Export category Export value
Machinery & equipment $5.17M
Textiles & consumer goods $24K
Metals $13K
Turkmenistan
Export category Export value
Textiles & consumer goods $51K

Balance of trade

Tunisia Turkmenistan
Current account balance
-$775M
2024
n/a
Current account balance ranking
117/190
2024
n/a
Current account balance, % of GDP
-1.51%
2024
n/a
Goods imports
$18.7B
2024
n/a
Goods exports
$8.95B
2024
n/a
Service imports
$3.92B
2024
n/a
Service exports
$11.2B
2024
n/a
Imports of goods and services, % of GDP
56.3%
2024
11.2%
2024
Exports of goods and services, % of GDP
50%
2024
17.6%
2024

Economic freedom indices

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

Tunisia Turkmenistan
Economic freedom 48.1 47
Economic freedom ranking 172/197 177/197
Property rights 55.7 17.4
Government integrity 42.1 8.4
Judicial effectiveness 39.7 12.3
Tax burden 68.5 94.2
Government spending 62.5 94.3
Fiscal health 16 99.9
Business freedom 59.4 37.5
Labor freedom 55.8 29.3
Monetary freedom 72.4 76.7
Trade freedom 54.6 74.2
Investment freedom 20 10
Financial freedom 30 10

Economic freedom comparison by year

Tunisia
Turkmenistan
1x
Year Economic freedom index
Tunisia Turkmenistan
2026 48.1 47
2025 49.1 47.1
2024 48.8 46.3
2023 52.9 46.5
2022 54.2 46.2
2021 56.6 47.4
2020 55.8 46.5
2019 55.4 48.4
2018 58.9 47.1
2017 55.7 47.4
2016 57.6 41.9
2015 57.7 41.4
2014 57.3 42.2
2013 57 42.6
2012 58.6 43.8
2011 58.5 43.6
2010 58.9 42.5
2009 58 44.2
2008 60.1 43.4
2007 60.3 43
2006 57.5 43.8
2005 55.4 47.6
2004 58.4 50.7
2003 58.1 51.3
2002 60.2 43.2
2001 60.8 41.8
2000 61.3 37.6
1999 61.1 36.1
1998 63.9 35
1997 63.8 -
1996 63.9 -
1995 63.4 -

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

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

The Economic Freedom Index for Tunisia is 48.1, ranking 172/197, compared to 47 for Turkmenistan, ranking 177/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tunisia Turkmenistan
Services, % of GDP
62.6%
2024
50.4%
2024
Industry, % of GDP
22.6%
2024
37.5%
2024
Agriculture, forestry, and fishing, % of GDP
9.74%
2024
12.2%
2024
GNI, Atlas method
$47.7B
2024
$48.8B
2024
GNI per capita, PPP
$14,230
2024
$21,020
2024
Total reserves including gold
$9.34B
2024
$1.51B
1999
Total reserves ranking
80/177
2024
135/177
1999
Net foreign direct investment
-$725M
2024
n/a
Net inflows of foreign direct investment
$760M
2024
$1.64B
2024
Net outflows of foreign direct investment
$34.6M
2024
$0
2024
Servicing debt to the IMF, % of GNI
10.9%
2024
1.91%
2024
Poverty at national poverty lines
16.6%
2021
0.2%
2020
Gross capital formation, % of GDP
7.86%
2024
47.2%
2012

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/turkmenistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.