Turkmenistan vs Zambia: Economic Indicators Comparison

Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while Zambia ranked 106th with $26.7B. By GDP 5-years average growth and GDP per capita, Turkmenistan and Zambia ranked 9th vs 62nd and 92nd vs 157th, respectively.

Gross Domestic Product & Income

StatTurkmenistanZambia
GDP$40.8B$26.7B
GDP growth, 1 year6.2%3.5%
GDP growth, 5-years average7.1%3.6%
Population5.9M17.1M
GDP per capita$7k$1.5k
GDP per capita growth4.51%0.82%
Purchasing Power Parity conversion factor1.263.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.36
GDP per capita, PPP adjusted$20k$4.1k
GNI, Atlas method$39.4B$24.8B
GNI per capita$6.7k$1.4k
GNI, PPP adjusted$108.2B$71.2B
GNI per capita, PPP adjusted$18k$4.1k

Financial system and Human development

StatTurkmenistanZambia
Income Tax Rate10%35%
Corporate Tax Rate8%35%
Inflation, consumer prices13.6%7%
Inflation, GDP deflator1.2%9.3%
Unemployment3.8%7.2%
Economic Freedom Index46.553.5
Personal Freedom Index4.16.26
Human Freedom Index4.16.67
Property Rights Index20.145.2
Judical Effectiveness Index2031.3
Business Freedom Index3066.4
Fiscal Health Index94.518.4
Labor Freedom Index2047
Investment Freedom Index1055
Financial Freedom Index1050
Trade Freedom Index74.272.6
Monetary Freedom Index68.772.2
Government Spending Index93.181.7
Tax Burden Index95.973.2
Government Integrity Index21.428.4
Corruption Perceptions Index2035
Life expectancy at birth, years6863
Suicide mortality rate, per 100,000 people6.76.1
Mortality caused by road traffic injury, per 100,000 people14.524.7
Intentional homicides, per 100,000 people4.25.3
International tourism, number of arrivals8.2k1.1M

Government debt & reserves

StatTurkmenistanZambia
Central government debt, % of GDP29.3%72.4%
External debt stocks, % of GNI2.3%73.7%
External debt stocks$907.3M$19.1B
Short-term debt, % of total reserves20.6%42.5%
Total debt service, % of exports and primary income22.1%14.6%
Adjusted net savings including particulate emission damage, % of GNIN/A9.2%
Gross savings, % of GDPN/A31.3%
Gross capital formation, % of GDP47.2%38.2%
Total reserves including gold$1.5B$1.6B
Foreign direct investment net inflows$2B$408.4M

Exports, imports and economic structure

StatTurkmenistanZambia
Exports of goods and services, % of GDP22.7%37.4%
Imports of goods and services, % of GDP12.5%38.2%
Current account balance (balance of payments)N/A-$342.3M
Revenue excluding grants, % of GDPN/A16.9%
Grants excluding technical cooperation, BoP$14.5M$806.4M
Personal remittances received$1.6M$107M
Industry including construction value added, % of GDP57%36.3%
Agriculture, forestry and fishing value added, % of GDP9.3%2.6%
Charges for the use of intellectual property, payments BoPN/A$35M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/A20.8%
Government Expenditure, % of GDP15.1%24.7%

Compare with countries close by GDP per capita

Turkmenistan vs

CountryGDP
per capita
Population
Mexico
$9.7k
131M
Turkey
$9.4k
82M
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
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M

Zambia vs

CountryGDP
per capita
Population
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
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M