Turkey vs the United Arab Emirates: Economic Indicators Comparison
Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while the United Arab Emirates ranked 31st with $414.2B. By GDP 5-years average growth and GDP per capita, Turkey and the United Arab Emirates ranked 36th vs 92nd and 78th vs 22nd, respectively.
Gross Domestic Product & Income
| Stat |  Turkey |  United Arab Emirates |
|---|---|---|
| GDP | $771.4B | $414.2B |
| GDP growth, 1 year | 2.6% | 1.7% |
| GDP growth, 5-years average | 4.9% | 3% |
| Population | 82M | 9.4M |
| GDP per capita | $9.4k | $43k |
| GDP per capita growth | 1.31% | 0.21% |
| Purchasing Power Parity conversion factor | 1.61 | 2.1 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.33 | 0.57 |
| GDP per capita, PPP adjusted | $28k | $69k |
| GNI, Atlas method | $858.1B | $393.7B |
| GNI per capita | $10k | $41k |
| GNI, PPP adjusted | $2.3T | $726.5B |
| GNI per capita, PPP adjusted | $28k | $75k |
Financial system and Human development
| Stat | Turkey | United Arab Emirates |
|---|---|---|
| Income Tax Rate | 35% | 0% |
| Corporate Tax Rate | 22% | 0% |
| Inflation, consumer prices | 16.3% | 3.1% |
| Inflation, GDP deflator | 16.4% | 7.8% |
| Unemployment | 10.9% | 2.6% |
| Economic Freedom Index | 64.4 | 76.2 |
| Personal Freedom Index | 6.97 | 5.58 |
| Human Freedom Index | 6.96 | 6.56 |
| Property Rights Index | 57.4 | 80.3 |
| Judical Effectiveness Index | 53.7 | 84.6 |
| Business Freedom Index | 67 | 78.6 |
| Fiscal Health Index | 86.1 | 94.1 |
| Labor Freedom Index | 49.2 | 81.3 |
| Investment Freedom Index | 70 | 40 |
| Financial Freedom Index | 60 | 60 |
| Trade Freedom Index | 78 | 80.4 |
| Monetary Freedom Index | 66.1 | 79.6 |
| Government Spending Index | 64.1 | 72.1 |
| Tax Burden Index | 76.7 | 99.2 |
| Government Integrity Index | 44.6 | 64.6 |
| Corruption Perceptions Index | 41 | 70 |
| Life expectancy at birth, years | 77.2 | 77.6 |
| Suicide mortality rate, per 100,000 people | 7.3 | 2.8 |
| Mortality caused by road traffic injury, per 100,000 people | 12.3 | 18.1 |
| Intentional homicides, per 100,000 people | 4.3 | 0.5 |
| International tourism, number of arrivals | 45.8M | 21.3M |
Government debt & reserves
| Stat | Turkey | United Arab Emirates |
|---|---|---|
| Central government debt, % of GDP | 29.1% | 18.7% |
| 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% | 22.4% |
| Total reserves including gold | $93B | $99.5B |
| Foreign direct investment net inflows | $13.1B | $10.4B |
Exports, imports and economic structure
| Stat | Turkey | United Arab Emirates |
|---|---|---|
| Exports of goods and services, % of GDP | 29.5% | 93.9% |
| Imports of goods and services, % of GDP | 30.6% | 68% |
| Current account balance (balance of payments) | -$27B | N/A |
| Revenue excluding grants, % of GDP | 30.7% | 3.5% |
| Grants excluding technical cooperation, BoP | $1.3B | $950k |
| Personal remittances received | $1.1B | N/A |
| Industry including construction value added, % of GDP | 29.5% | 46.8% |
| Agriculture, forestry and fishing value added, % of GDP | 5.8% | 0.7% |
| 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% | 4% |
| Government Expenditure, % of GDP | 34.6% | 30.5% |
