Turkey vs Turkmenistan: Economic Indicators Comparison
Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Turkmenistan ranked 93rd with $40.8B. By GDP 5-years average growth and GDP per capita, Turkey and Turkmenistan ranked 36th vs 9th and 78th vs 92nd, respectively.
Gross Domestic Product & Income
| Stat |  Turkey |  Turkmenistan |
|---|---|---|
| GDP | $771.4B | $40.8B |
| GDP growth, 1 year | 2.6% | 6.2% |
| GDP growth, 5-years average | 4.9% | 7.1% |
| Population | 82M | 5.9M |
| GDP per capita | $9.4k | $7k |
| GDP per capita growth | 1.31% | 4.51% |
| Purchasing Power Parity conversion factor | 1.61 | 1.26 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.33 | 0.36 |
| GDP per capita, PPP adjusted | $28k | $20k |
| GNI, Atlas method | $858.1B | $39.4B |
| GNI per capita | $10k | $6.7k |
| GNI, PPP adjusted | $2.3T | $108.2B |
| GNI per capita, PPP adjusted | $28k | $18k |
Financial system and Human development
| Stat | Turkey | Turkmenistan |
|---|---|---|
| Income Tax Rate | 35% | 10% |
| Corporate Tax Rate | 22% | 8% |
| Inflation, consumer prices | 16.3% | 13.6% |
| Inflation, GDP deflator | 16.4% | 1.2% |
| Unemployment | 10.9% | 3.8% |
| Economic Freedom Index | 64.4 | 46.5 |
| Personal Freedom Index | 6.97 | 4.1 |
| Human Freedom Index | 6.96 | 4.1 |
| Property Rights Index | 57.4 | 20.1 |
| Judical Effectiveness Index | 53.7 | 20 |
| Business Freedom Index | 67 | 30 |
| Fiscal Health Index | 86.1 | 94.5 |
| Labor Freedom Index | 49.2 | 20 |
| Investment Freedom Index | 70 | 10 |
| Financial Freedom Index | 60 | 10 |
| Trade Freedom Index | 78 | 74.2 |
| Monetary Freedom Index | 66.1 | 68.7 |
| Government Spending Index | 64.1 | 93.1 |
| Tax Burden Index | 76.7 | 95.9 |
| Government Integrity Index | 44.6 | 21.4 |
| Corruption Perceptions Index | 41 | 20 |
| Life expectancy at birth, years | 77.2 | 68 |
| Suicide mortality rate, per 100,000 people | 7.3 | 6.7 |
| Mortality caused by road traffic injury, per 100,000 people | 12.3 | 14.5 |
| Intentional homicides, per 100,000 people | 4.3 | 4.2 |
| International tourism, number of arrivals | 45.8M | 8.2k |
Government debt & reserves
| Stat | Turkey | Turkmenistan |
|---|---|---|
| Central government debt, % of GDP | 29.1% | 29.3% |
| External debt stocks, % of GNI | 59% | 2.3% |
| External debt stocks | $445.1B | $907.3M |
| Short-term debt, % of total reserves | 124.1% | 20.6% |
| Total debt service, % of exports and primary income | 36.7% | 22.1% |
| Adjusted net savings including particulate emission damage, % of GNI | 11.4% | N/A |
| Gross savings, % of GDP | 27.1% | N/A |
| Gross capital formation, % of GDP | 29.6% | 47.2% |
| Total reserves including gold | $93B | $1.5B |
| Foreign direct investment net inflows | $13.1B | $2B |
Exports, imports and economic structure
| Stat | Turkey | Turkmenistan |
|---|---|---|
| Exports of goods and services, % of GDP | 29.5% | 22.7% |
| Imports of goods and services, % of GDP | 30.6% | 12.5% |
| Current account balance (balance of payments) | -$27B | N/A |
| Revenue excluding grants, % of GDP | 30.7% | N/A |
| Grants excluding technical cooperation, BoP | $1.3B | $14.5M |
| Personal remittances received | $1.1B | $1.6M |
| Industry including construction value added, % of GDP | 29.5% | 57% |
| Agriculture, forestry and fishing value added, % of GDP | 5.8% | 9.3% |
| Charges for the use of intellectual property, payments BoP | $726M | N/A |
| Charges for the use of intellectual property, receipts BoP | $29M | N/A |
| Expense, % of GDP | 33.9% | N/A |
| Government Expenditure, % of GDP | 34.6% | 15.1% |
