Turkey vs Tuvalu: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Turkey and Tuvalu ranked 78th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Turkey	Tuvalu
GDP	$771.4B	$42.6M
GDP growth, 1 year	2.6%	2.5%
GDP growth, 5-years average	4.9%	N/A
Population	82M	11k
GDP per capita	$9.4k	$3.7k
GDP per capita growth	1.31%	1.27%
Purchasing Power Parity conversion factor	1.61	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	0.33	0.91
GDP per capita, PPP adjusted	$28k	$4k
GNI, Atlas method	$858.1B	$62.5M
GNI per capita	$10k	$5.4k
GNI, PPP adjusted	$2.3T	$70.2M
GNI per capita, PPP adjusted	$28k	$6.1k

Financial system and Human development

Stat	Turkey	Tuvalu
Income Tax Rate	35%	N/A
Corporate Tax Rate	22%	N/A
Inflation, consumer prices	16.3%	N/A
Inflation, GDP deflator	16.4%	4.9%
Unemployment	10.9%	8.5%
Economic Freedom Index	64.4	60
Personal Freedom Index	6.97	6.2
Human Freedom Index	6.96	6.1
Property Rights Index	57.4	N/A
Judical Effectiveness Index	53.7	N/A
Business Freedom Index	67	N/A
Fiscal Health Index	86.1	N/A
Labor Freedom Index	49.2	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	78	N/A
Monetary Freedom Index	66.1	N/A
Government Spending Index	64.1	N/A
Tax Burden Index	76.7	N/A
Government Integrity Index	44.6	N/A
Corruption Perceptions Index	41	48
Life expectancy at birth, years	77.2	66
Suicide mortality rate, per 100,000 people	7.3	1
Mortality caused by road traffic injury, per 100,000 people	12.3	0.2
Intentional homicides, per 100,000 people	4.3	18.7
International tourism, number of arrivals	45.8M	2.7k

Government debt & reserves

Stat	Turkey	Tuvalu
Central government debt, % of GDP	29.1%	N/A
External debt stocks, % of GNI	59%	N/A
External debt stocks	$445.1B	N/A
Short-term debt, % of total reserves	124.1%	N/A
Total debt service, % of exports and primary income	36.7%	N/A
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%	N/A
Total reserves including gold	$93B	N/A
Foreign direct investment net inflows	$13.1B	$299k

Exports, imports and economic structure

Stat	Turkey	Tuvalu
Exports of goods and services, % of GDP	29.5%	N/A
Imports of goods and services, % of GDP	30.6%	N/A
Current account balance (balance of payments)	-$27B	$6.8M
Revenue excluding grants, % of GDP	30.7%	N/A
Grants excluding technical cooperation, BoP	$1.3B	$9.6M
Personal remittances received	$1.1B	$4M
Industry including construction value added, % of GDP	29.5%	7.3%
Agriculture, forestry and fishing value added, % of GDP	5.8%	16.5%
Charges for the use of intellectual property, payments BoP	$726M	N/A
Charges for the use of intellectual property, receipts BoP	$29M	$14k
Expense, % of GDP	33.9%	N/A
Government Expenditure, % of GDP	34.6%	N/A