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Economy of Turkmenistan vs Vatican compared: GDP & Debt

Updated on by Georank

Turkmenistan has a GDP of $49.8B compared to $19.8M for the Vatican, ranking 96/197 and 197/197 by economy size, respectively.

Turkmenistan vs Vatican GDP by year

Turkmenistan
Vatican
1x
Year GDP, current $
Turkmenistan Vatican
2025 $49,828,621,356 -
2024 $44,249,447,717 -
2023 $39,020,211,240 -
2022 $37,583,913,148 -
2021 $26,334,182,094 -
2020 $27,350,527,268 -
2019 $29,700,000,000 -
2018 $26,036,313,869 -
2017 $33,352,261,307 -
2016 $33,313,947,368 -
2015 $35,799,714,286 -
2014 $43,524,210,526 -
2013 $39,197,543,860 -
2012 $35,164,210,526 -
2011 $29,233,333,333 -
2010 $22,583,157,895 -
2009 $20,214,385,965 -
2008 $19,271,523,179 -
2007 $12,664,165,103 -
2006 $10,276,674,365 -
2005 $8,103,901,996 -
2004 $6,838,351,088 -
2003 $5,977,440,583 -
2002 $4,462,029,109 -
2001 $3,534,772,732 -
2000 $2,904,663,311 -
1999 $2,450,564,100 -
1998 $2,605,689,134 -
1997 $2,450,350,625 -
1996 $2,378,759,975 -
1995 $2,482,228,440 -
1994 $2,561,118,608 -
1993 $3,179,225,949 -
1992 $3,200,539,816 -
1991 $3,208,098,919 -
1990 $3,189,539,641 -
1989 $3,006,988,217 -
1988 $3,010,982,414 -
1987 $2,331,358,820 -

Data sources: World Bank | Economy & Growth (1987–2025, retrieved 2026-07-08).

GeoRank.org/economy/turkmenistan/vatican | CC BY

Economic indicators

Turkmenistan Vatican
Gross domestic product
$49.8B
2025
$19.8M
2026
GDP rank
96/197
2025
197/197
2026
GDP growth
6.3%
2024-2025
n/a
GDP per capita
$6,540
2025
$19,800
2026
GDP per capita rank
111/197
2025
61/197
2026
GDP per capita, PPP
$21,213
2024
$39,191
2026
GDP per capita PPP rank
94/197
2024
59/197
2026
Government debt
$1.87B
2025
n/a
Debt-to-GDP ratio
3.76%
2025
n/a
Government debt per person
$246
2025
n/a
Government debt per person rank
180/185
2025
n/a
Average annual personal income after taxes
$2,520
2026
$18,688
2026
Income share by richest 10%
31.5%
1998
n/a
Income share by poorest 10%
2.4%
1998
n/a
Government expenditure, % of GDP
14.1%
2025
n/a
Consumer prices inflation
2.7%
2024-2025
n/a
Unemployment rate
4%
2010
n/a
Population
7800189
939

Balance of trade

Turkmenistan Vatican
Imports of goods and services, % of GDP
13.7%
2025
n/a
Exports of goods and services, % of GDP
14.5%
2025
n/a

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Turkmenistan Vatican
Economic freedom 47 65
Economic freedom ranking 177/197 69/197
Property rights 17.4 n/a
Government integrity 8.4 n/a
Judicial effectiveness 12.3 n/a
Tax burden 94.2 n/a
Government spending 94.3 n/a
Fiscal health 99.9 n/a
Business freedom 37.5 n/a
Labor freedom 29.3 n/a
Monetary freedom 76.7 n/a
Trade freedom 74.2 n/a
Investment freedom 10 n/a
Financial freedom 10 n/a

Other economic metrics

Turkmenistan Vatican
Services, % of GDP
48.9%
2025
n/a
Industry, % of GDP
36%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
12.4%
2025
n/a
GNI, Atlas method
$48.3B
2025
n/a
GNI per capita, PPP
$22,830
2025
n/a
Total reserves including gold
$1.51B
1999
n/a
Total reserves ranking
135/177
1999
n/a
Net inflows of foreign direct investment
$1.64B
2024
n/a
Net outflows of foreign direct investment
$0
2024
n/a
Servicing debt to the IMF, % of GNI
2.22%
2024
n/a
Poverty at national poverty lines
0.2%
2020
n/a
Gross capital formation, % of GDP
47.2%
2012
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/turkmenistan/vatican | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  5. Central Intelligence Agency (CIA) (2019–2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.