Turkey vs Vietnam: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Vietnam ranked 47th with $245.2B. By GDP 5-years average growth and GDP per capita, Turkey and Vietnam ranked 36th vs 17th and 78th vs 138th, respectively.

Gross Domestic Product & Income

StatTurkeyVietnam
GDP$771.4B$245.2B
GDP growth, 1 year2.6%7.1%
GDP growth, 5-years average4.9%6.6%
Population82M94.7M
GDP per capita$9.4k$2.6k
GDP per capita growth1.31%6.02%
Purchasing Power Parity conversion factor1.617788.91
Price level ratio of PPP conversion factor GDP to market exchange rate0.330.34
GDP per capita, PPP adjusted$28k$7.5k
GNI, Atlas method$858.1B$225.9B
GNI per capita$10k$2.4k
GNI, PPP adjusted$2.3T$661.8B
GNI per capita, PPP adjusted$28k$6.9k

Financial system and Human development

StatTurkeyVietnam
Income Tax Rate35%35%
Corporate Tax Rate22%22%
Inflation, consumer prices16.3%3.5%
Inflation, GDP deflator16.4%3.4%
Unemployment10.9%1.9%
Economic Freedom Index64.458.8
Personal Freedom Index6.976.65
Human Freedom Index6.966.31
Property Rights Index57.452.6
Judical Effectiveness Index53.740.1
Business Freedom Index6765.6
Fiscal Health Index86.158
Labor Freedom Index49.262.5
Investment Freedom Index7040
Financial Freedom Index6050
Trade Freedom Index7879.6
Monetary Freedom Index66.168.2
Government Spending Index64.175.9
Tax Burden Index76.779.5
Government Integrity Index44.633.8
Corruption Perceptions Index4133
Life expectancy at birth, years77.275.2
Suicide mortality rate, per 100,000 people7.37.3
Mortality caused by road traffic injury, per 100,000 people12.326.4
Intentional homicides, per 100,000 people4.31.5
International tourism, number of arrivals45.8M15.5M

Government debt & reserves

StatTurkeyVietnam
Central government debt, % of GDP29.1%57.5%
External debt stocks, % of GNI59%46.7%
External debt stocks$445.1B$108.1B
Short-term debt, % of total reserves124.1%35.3%
Total debt service, % of exports and primary income36.7%7.1%
Adjusted net savings including particulate emission damage, % of GNI11.4%13.4%
Gross savings, % of GDP27.1%22.6%
Gross capital formation, % of GDP29.6%26.5%
Total reserves including gold$93B$55.5B
Foreign direct investment net inflows$13.1B$15.5B

Exports, imports and economic structure

StatTurkeyVietnam
Exports of goods and services, % of GDP29.5%105.8%
Imports of goods and services, % of GDP30.6%102.5%
Current account balance (balance of payments)-$27B$5.9B
Revenue excluding grants, % of GDP30.7%N/A
Grants excluding technical cooperation, BoP$1.3B$411.2M
Personal remittances received$1.1B$15.9B
Industry including construction value added, % of GDP29.5%34.2%
Agriculture, forestry and fishing value added, % of GDP5.8%14.7%
Charges for the use of intellectual property, payments BoP$726MN/A
Charges for the use of intellectual property, receipts BoP$29MN/A
Expense, % of GDP33.9%N/A
Government Expenditure, % of GDP34.6%28.3%

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

Vietnam vs

CountryGDP
per capita
Population
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M