Turkey vs Uruguay: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Uruguay ranked 79th with $59.6B. By GDP 5-years average growth and GDP per capita, Turkey and Uruguay ranked 36th vs 129th and 78th vs 52nd, respectively.

Gross Domestic Product & Income

StatTurkeyUruguay
GDP$771.4B$59.6B
GDP growth, 1 year2.6%2.1%
GDP growth, 5-years average4.9%2%
Population82M3.5M
GDP per capita$9.4k$17k
GDP per capita growth1.31%1.25%
Purchasing Power Parity conversion factor1.6122.52
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.73
GDP per capita, PPP adjusted$28k$23k
GNI, Atlas method$858.1B$54B
GNI per capita$10k$16k
GNI, PPP adjusted$2.3T$75.7B
GNI per capita, PPP adjusted$28k$22k

Financial system and Human development

StatTurkeyUruguay
Income Tax Rate35%30%
Corporate Tax Rate22%25%
Inflation, consumer prices16.3%7.6%
Inflation, GDP deflator16.4%5.6%
Unemployment10.9%8%
Economic Freedom Index64.469.1
Personal Freedom Index6.978.78
Human Freedom Index6.967.93
Property Rights Index57.472
Judical Effectiveness Index53.759.8
Business Freedom Index6773.6
Fiscal Health Index86.172.3
Labor Freedom Index49.271
Investment Freedom Index7085
Financial Freedom Index6030
Trade Freedom Index7877.4
Monetary Freedom Index66.172.7
Government Spending Index64.166.5
Tax Burden Index76.775.2
Government Integrity Index44.673.5
Corruption Perceptions Index4170
Life expectancy at birth, years77.277.6
Suicide mortality rate, per 100,000 people7.318.4
Mortality caused by road traffic injury, per 100,000 people12.313.4
Intentional homicides, per 100,000 people4.38.2
International tourism, number of arrivals45.8M3.5M

Government debt & reserves

StatTurkeyUruguay
Central government debt, % of GDP29.1%70%
External debt stocks, % of GNI59%N/A
External debt stocks$445.1BN/A
Short-term debt, % of total reserves124.1%N/A
Total debt service, % of exports and primary income36.7%N/A
Adjusted net savings including particulate emission damage, % of GNI11.4%10.2%
Gross savings, % of GDP27.1%12%
Gross capital formation, % of GDP29.6%16.5%
Total reserves including gold$93B$15.6B
Foreign direct investment net inflows$13.1B$1.2B

Exports, imports and economic structure

StatTurkeyUruguay
Exports of goods and services, % of GDP29.5%21%
Imports of goods and services, % of GDP30.6%19%
Current account balance (balance of payments)-$27B$75.7M
Revenue excluding grants, % of GDP30.7%34.4%
Grants excluding technical cooperation, BoP$1.3B$9.1M
Personal remittances received$1.1B$104.3M
Industry including construction value added, % of GDP29.5%24.5%
Agriculture, forestry and fishing value added, % of GDP5.8%5.6%
Charges for the use of intellectual property, payments BoP$726M$124.2M
Charges for the use of intellectual property, receipts BoP$29M$44.7M
Expense, % of GDP33.9%35%
Government Expenditure, % of GDP34.6%33.4%

Compare with countries close by GDP per capita

Turkey vs

CountryGDP
per capita
Population
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M

Uruguay vs

CountryGDP
per capita
Population
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M