Turkey
Description of Turkey
As a critical bridge between Europe and Asia, Turkey occupies a unique geopolitical and economic position that significantly shapes not only its own future but also the dynamics of the surrounding regions. With a rich history that spans millennia, Turkey's strategic location has made it a key player in global affairs, influencing trade routes, cultural exchanges, and political landscapes. Understanding the macroeconomic statistics and trends of Turkey is essential for gaining insight into its development trajectory and how it interacts with neighboring countries and international partners.
Population And Age Structure
Population, total: Turkey's population of 83,384,680 is above the average of 40,097,746. The country ranks 18 out of 194 countries in the dataset.
Population ages 0-14 (% of total population): Turkey's percentage of population ages 0-14, at 23.71%, is below the average of 27.34%. The country ranks 108 out of 194 countries.
Population ages 0-14, total: With a population of 19,771,392 within this age group, Turkey exceeds the average of 10,327,379. The country holds the 20th rank out of 194 countries.
Population ages 15-64 (% of total population): Turkey's percentage of population ages 15-64, at 68.11%, is above the average of 63.44%. The country ranks 39 out of 194 countries.
Population ages 15-64, total: Turkey's population aged 15-64 is 56,790,674, surpassing the average of 26,003,407. The country ranks 17 out of 194 countries.
Population ages 65 and above (% of total population): The percentage of Turkey's population ages 65 and above, at 8.18%, is below the average of 9.22%. The country ranks 83 out of 194 countries.
Population ages 65 and above, total: Turkey's population aged 65 and above is 6,822,614, higher than the average of 3,766,959. The country holds the 22nd rank out of 194 countries.
Summary
Turkey has a relatively large total population, with a significant proportion in the working-age bracket (15-64 years). However, the percentage of population in the younger bracket (0-14 years) is below average. This demographic distribution is important as it can impact the country's workforce, education, healthcare, and overall economic development strategies.
Population Miscellaneous
1. Turkey's rural population is 19,924,769, which is above the average rural population of 18,044,041. Turkey ranks 27th out of 190 countries in this attribute.
2. The percentage of Turkey's total population living in rural areas is 23.895%, below the average of 41.158%. Turkey ranks 137th out of 190 countries in this aspect.
3. Turkey's urban population is 63,459,911, significantly surpassing the average urban population of 22,425,747. Turkey ranks 14th out of 194 countries in urban population.
4. The percentage of Turkey's total population living in urban areas is 76.105%, above the average of 59.691%. Turkey ranks 58th out of 194 countries in this category.
5. Turkey's age dependency ratio is 46.83% compared to the average of 59.22%. This places Turkey 156th out of 194 countries in this metric.
6. Turkey's crude birth rate is 15.033 per 1,000 people, below the average of 19.384. Turkey ranks 108th out of 192 countries in this parameter.
7. The crude death rate in Turkey is 6.378 per 1,000 people, lower than the average of 8.214. Turkey ranks 140th out of 192 countries in this aspect.
8. Turkey's total fertility rate is 1.917 births per woman, under the average of 2.603. Turkey is ranked 108th out of 190 countries in this respect.
Summary
In summary, Turkey has a relatively high rural population and urban population compared to global averages, with a lower percentage of its population living in rural areas but a higher percentage in urban areas. Additionally, Turkey has a lower age dependency ratio, crude birth rate, crude death rate, and total fertility rate compared to the global averages.
These indicators are important as they provide insights into Turkey's demographic structure, population distribution, and potential economic challenges and opportunities. For instance, a lower total fertility rate could impact future workforce dynamics and economic growth, while the urban population size may necessitate infrastructure development and urban planning.
Military
Analysis of key military statistics in Turkey:
1. Military expenditure (current USD): Turkey's military expenditure of $17.48 billion is above the average of $12.90 billion, ranking 16th out of 149 countries.
2. Military expenditure (% of GDP): Turkey's military expenditure accounts for 2.43% of its GDP, which is higher than the average of 1.90%. Turkey ranks 32nd out of 148 countries.
3. Arms imports (SIPRI trend indicator values): Turkey's arms imports of $96 million are below the average of $205.52 million, ranking 38th out of 113 countries.
4. Arms exports (SIPRI trend indicator values): Turkey's arms exports of $251 million are below the average of $705.71 million, ranking 14th out of 34 countries.
5. Armed forces personnel, total: Turkey has 512,000 total armed forces personnel, higher than the average of 165,909 personnel. Turkey ranks 13th out of 164 countries.
6. Armed forces personnel (% of total labor force): Turkey's armed forces personnel account for 1.63% of the total labor force, above the average of 1.28%. Turkey ranks 36th out of 164 countries.
Summary
Turkey has a significant military presence, spending above average on military expenditure both in absolute terms and as a percentage of its GDP. Despite lower-than-average arms imports and exports, Turkey has a larger-than-average number of armed forces personnel, both in total and as a percentage of its labor force. These indicators suggest that Turkey places a high priority on defense and security, potentially indicating regional influence and a focus on maintaining internal stability.
Natural Resources
Considering Turkey's forest area of 222203.6 sq. km, which is above the average of 211606.11465968585 sq. km, Turkey ranks 27th out of 191 countries in the dataset.
Turkey's land area of 769630 sq. km exceeds the average of 665166.5119639175 sq. km. With this, Turkey holds the 35th position out of 194 countries in the dataset.
With a surface area of 785350 sq. km, Turkey surpasses the average of 689779.5605412371 sq. km. Turkey also holds the 35th rank out of 194 countries.
Turkey's arable land spans 19586000 hectares, significantly higher than the average of 7329543.16368421 hectares. This places Turkey at the 16th rank out of 190 countries.
Regarding land under cereal production, Turkey's 11128065 hectares are notably above the average of 4206011.6321839085 hectares. This places Turkey at the 16th rank out of 174 countries.
With an average precipitation depth of 593 mm per year, Turkey falls below the dataset's average of 1157.8320224719102 mm. Turkey ranks 130th out of 178 countries.
When it comes to renewable internal freshwater resources, Turkey's total of 227 billion cubic meters is lower than the average of 240.4108882022471 billion cubic meters. Turkey holds the 29th rank out of 178 countries in the dataset.
Summary
Turkey showcases above-average figures in terms of forest area, land area, arable land, land under cereal production, and below average in average precipitation depth and renewable internal freshwater resources compared to global averages. These statistics highlight Turkey's substantial natural resource endowment, particularly in arable land and forest resources, which can be advantageous for its agricultural and environmental sustainability. However, the country faces challenges in terms of water resources and precipitation levels, indicating a potential area for future resource management and environmental conservation strategies.
Resource Rents
Total natural resources rents (% of GDP): Turkey's value for this attribute is 0.397%, which is significantly lower than the average of 4.630%. This places Turkey at rank 125 out of 175 countries in the dataset.
Coal rents (% of GDP): Turkey's coal rents account for 0.024% of its GDP, below the average of 0.396%. This places Turkey at rank 33 out of 65 countries in the dataset.
Forest rents (% of GDP): Turkey's forest rents contribute 0.111% to its GDP, much lower than the average of 1.526%. This places Turkey at rank 114 out of 174 countries in the dataset.
Oil rents (% of GDP): Turkey's oil rents make up 0.061% of its GDP, far below the average of 2.505%. This places Turkey at rank 71 out of 117 countries in the dataset.
Natural gas rents (% of GDP): Turkey's natural gas rents represent 0.002% of its GDP, significantly lower than the average of 1.253%. This places Turkey at rank 85 out of 96 countries in the dataset.
Mineral rents (% of GDP): Turkey's mineral rents constitute 0.199% of its GDP, below the average of 1.229%. This places Turkey at rank 47 out of 86 countries in the dataset.
Summary
Turkey demonstrates relatively low dependency on natural resources rents compared to the global averages across various key sectors such as coal, forests, oil, natural gas, and minerals. This signifies a more diversified economy, reducing susceptibility to commodity price fluctuations and resource depletion risks. Turkey's rankings in these indicators reflect a balanced approach to economic development that extends beyond traditional resource extraction, prioritizing sustainability and resilience in the face of changing market dynamics.
Commodities
When it comes to Cereal production, Turkey has a production of 37.2 million metric tons, which is significantly higher than the average production of 17.2 million metric tons. Turkey ranks 16th out of 174 countries in this category.
In terms of Aquaculture production, Turkey's production of 421,411 metric tons is below the average of 679,642 metric tons. It ranks 19th out of 180 countries in this aspect.
Looking at Capture fisheries production, Turkey's production of 364,404.88 metric tons is below the average of 467,453.06 metric tons. Turkey holds the 44th rank out of 190 countries in this domain.
When it comes to Total fisheries production, Turkey's production of 785,815.88 metric tons is lower than the average of 1,153,914.85 metric tons. Turkey is ranked 32nd out of 182 countries in this field.
Regarding Fertilizer consumption, Turkey's consumption of 149.64 kilograms per hectare of arable land is slightly below the average of 159.04 kilograms. Turkey holds the 62nd rank out of 187 countries included in the dataset for this statistic.
Summary
Turkey excels in cereal production compared to the global average, ranking 16th out of 174 countries. Despite ranking lower in aquaculture, capture fisheries, and total fisheries production, Turkey's performance in these sectors indicates room for growth and potential strategic developments. The lower-than-average fertilizer consumption per hectare of arable land suggests an opportunity for Turkey to boost agricultural productivity and efficiency by potentially increasing fertilizer use to meet or surpass the global average.
Intellectual Property
For Industrial design applications by nonresidents, Turkey's value of 5580 is significantly above the average of 1415.83, ranking 9th out of 112 countries.
Regarding Patent applications by residents, Turkey's value of 7920 is below the average of 19037.56, positioning it at 12th out of 117 countries.
With Patent applications by nonresidents, Turkey's value of 238 is notably lower than the average of 6538.40, placing it at 57th out of 129 countries.
In terms of Trademark applications by nonresidents, Turkey's value of 32209 exceeds the average of 15878.93, ranking it 16th out of 130 countries.
For Trademark applications by residents, Turkey's value of 331480 far surpasses the average of 111055.78, positioning it at 7th out of 129 countries.
With Scientific and technical journal articles, Turkey's value of 42623.31 is significantly above the average of 15103.76, ranking it 16th out of 192 countries.
In Charges for the use of intellectual property (payments), Turkey's value of 2,349,000,000 is below the average of 3,218,843,494.39, placing it at 26th out of 143 countries.
For Charges for the use of intellectual property (receipts), Turkey's value of 260,000,000 is notably lower than the average of 3,191,687,117.58, positioning it at 34th out of 122 countries.
Regarding Researchers in R&D per million people, Turkey's value of 1786.52 is below the average of 2556.45, ranking it 37th out of 72 countries.
Summary
Turkey demonstrates strong performance in Industrial design applications by nonresidents, Trademark applications by residents, and Scientific and technical journal articles, ranking within the top 10 to 20 countries globally. However, it lags behind in Patent applications by residents and nonresidents as well as Charges for the use of intellectual property. The country's position in Researchers in R&D per million people is also lower than the global average. These indicators are crucial as they reflect Turkey's innovation capacity, international competitiveness, and investment in research and development, highlighting areas where the country excels and where there is room for improvement to enhance its economic growth and technological advancement.
Broad Economy Attributes
GDP (current US$): Turkey's GDP is $720 billion, ranking 20th out of 189 countries. This is above the average GDP of $442 billion.
GDP, PPP (current international $): Turkey's GDP, PPP is $2.39 trillion, ranking 13th out of 181 countries. The country performs significantly above the average GDP, PPP of $734 billion.
GDP per capita (current US$): Turkey's GDP per capita is $8638, ranking 73rd out of 190 countries. It falls below the average GDP per capita of $15462.
GDP per capita, PPP (current international $): Turkey's GDP per capita, PPP is $28680, ranking 49th out of 181 countries. The figure surpasses the average GDP per capita, PPP of $21251.
GNI (current US$): Turkey's GNI is $711 billion, placing it at the 20th position out of 185 countries. The value exceeds the average GNI of $452 billion.
GNI, PPP (current international $): Turkey's GNI, PPP is $2.36 trillion, ranking 13th out of 181 countries. It notably surpasses the average GNI, PPP of $730 billion.
GNI per capita, PPP (current international $): Turkey's GNI per capita, PPP is $28340, ranking 49th out of 181 countries. The figure is higher than the average GNI per capita, PPP of $20615.
Summary
Turkey showcases a strong economic performance across various indicators such as GDP, GNI, and GDP per capita. It ranks high in terms of total GDP and GNI, both in current US dollars and PPP. However, its GDP per capita, both in US dollars and PPP, lags behind the global average. These indicators are crucial as they reflect Turkey's overall economic size, income levels, and purchasing power compared to other countries, highlighting its position in the global economy.
Broad Value Added
1. Gross value added at basic prices (GVA) (current US$): Turkey's GVA is $640.36 billion, ranking 19th out of 176 countries. This is significantly above the average GVA of $360.07 billion.
2. Agriculture, forestry, and fishing, value added (% of GDP): Turkey's value added in this sector accounts for 6.67% of its GDP, ranking 98th out of 182 countries. This is below the average of 10.86%.
3. Agriculture, forestry, and fishing, value added (current US$): Turkey's value added in this sector is $48.05 billion, ranking 10th out of 182 countries. This is notably above the average of $19.92 billion.
4. Services, value added (% of GDP): Turkey's service sector contributes 54.20% to its GDP, ranking 103rd out of 183 countries. This is slightly below the average of 56.72%.
5. Services, value added (current US$): Turkey's service sector value added is $390.43 billion, ranking 19th out of 183 countries. This is above the average of $295.84 billion.
6. Industry (including construction), value added (current US$): Turkey's industry value added is $201.88 billion, ranking 18th out of 183 countries. This is higher than the average of $118.42 billion.
Summary
Turkey demonstrates a strong economic performance in various sectors. Despite ranking 19th in GVA, its value added in agriculture, forestry, and fishing is below average in both percentage of GDP and current US$. Conversely, Turkey excels in the service sector, with value added in services ranking above average in both percentage of GDP and current US$. Its industry value added also surpasses the average. These statistics are crucial as they showcase Turkey's economic diversification and highlight areas for potential growth and investment.
Manufacturing Value Added
Manufacturing, value added (current US$): Turkey's value of 137,866,972,571.575 is significantly above the average of $76,207,179,589.66348, ranking 17th out of 173 countries.
Manufacturing, value added (% of GDP): Turkey's value of 19.14% is notably higher than the average of 11.90%, ranking 22nd out of 173 countries.
Medium and high-tech manufacturing value added (% manufacturing value added): Turkey's value of 36.74% exceeds the average of 24.49%, placing it 39th out of 149 countries.
Chemicals (% of value added in manufacturing): Turkey's value of 9.31% is below the average of 11.56%, ranking 45th out of 89 countries.
Food, beverages, and tobacco (% of value added in manufacturing): Turkey's value of 10.84% is lower than the average of 24.51%, ranking 79th out of 92 countries.
Machinery and transport equipment (% of value added in manufacturing): Turkey's value of 21.68% is above the average of 16.85%, ranking 30th out of 93 countries.
Textiles and clothing (% of value added in manufacturing): Turkey's value of 16.09% is significantly higher than the average of 6.33%, ranking 8th out of 93 countries.
Other manufacturing (% of value added in manufacturing): Turkey's value of 42.08% is just slightly below the average of 42.13%, ranking 44th out of 94 countries.
Summary
Turkey demonstrates a strong manufacturing sector, with values in manufacturing value added, high-tech manufacturing, machinery, and textiles notably surpassing global averages. However, there are areas such as chemicals and food industries where Turkey falls below the global average. These indicators are crucial as they reflect Turkey's industrial strengths and weaknesses, guiding policymakers in fostering sectors where the country has a competitive edge while addressing areas that may require development to enhance overall economic resilience and growth.
Money
1. Inflation, consumer prices (annual %): Turkey's inflation rate of 12.28% is above the average of 8.26%. The country ranks 14th out of 165 countries in this attribute data.
2. Inflation, GDP deflator (annual %): With an inflation rate of 14.79%, Turkey exceeds the average of 6.90%. It holds the 11th rank out of 188 countries for this indicator.
3. Broad money growth (annual %): Turkey's broad money growth rate is high at 34.24%, surpassing the average of 18.03%. The country ranks 8th out of 139 nations in this category.
4. Broad money (% of GDP): Turkey's broad money as a percentage of GDP stands at 67.48%, slightly below the average of 71.75%. It holds the 67th rank out of 139 countries in this dataset.
5. Broad money to total reserves ratio: Turkey's ratio is 5.20%, just above the average of 5.17%. It ranks 23rd out of 126 countries in this metric.
Summary
Turkey is experiencing high inflation rates both in consumer prices and GDP deflator, surpassing global averages and ranking relatively high among countries. Additionally, Turkey exhibits robust broad money growth, albeit with broad money as a percentage of GDP slightly below average. The country also maintains a slightly higher ratio of broad money to total reserves compared to the global average. These indicators are crucial as they can impact Turkey's economic stability, purchasing power, and overall financial health in the international market.
Consumption Expenditure
Final consumption expenditure (current US$): Turkey's final consumption expenditure is $516.93 billion, which is above the average of $381.63 billion. Turkey ranks 19th out of 159 countries in this category.
Final consumption expenditure (% of GDP): Turkey's final consumption expenditure accounts for 71.76% of its GDP, below the average of 82.37%. Turkey is ranked 121st out of 159 countries.
General government final consumption expenditure (current US$): Turkey's expenditure is $108.00 billion, higher than the average of $93.68 billion. Turkey ranks 21st out of 158 countries.
General government final consumption expenditure (% of GDP): Turkey's government expenditure is 14.99% of its GDP, lower than the average of 18.71%. Turkey is ranked 104th out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): Turkey's household expenditure is $408.92 billion, above the average of $290.13 billion. Turkey ranks 17th out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): Turkey's household expenditure is 56.77% of its GDP, below the average of 63.68%. Turkey is ranked 105th out of 158 countries.
Summary
Turkey's final consumption expenditure, general government final consumption expenditure, and household expenditure are all above average in terms of the amount spent in current US dollars. However, when considering these expenditures as a percentage of GDP, Turkey falls below the average, indicating a potential risk of overspending relative to its economic output. This could have implications for Turkey's fiscal sustainability and economic stability in the long run.
Equities
Among 72 countries, Turkey has 371 listed domestic companies, ranking 21st with a value below the average of 636.625. In terms of stocks traded, Turkey's total value of $868.60 billion places it 11th out of 71 countries, falling below the average. The total value of stocks traded as a percentage of GDP in Turkey is 120.58%, significantly higher than the average of 31.65% and ranking 6th out of 71 countries.
Additionally, Turkey's market capitalization of listed domestic companies is $237.47 billion, ranking 25th out of 73 countries and below the average. The market capitalization of listed domestic companies as a percentage of GDP is 32.97%, lower than the average of 71.24% and ranking 42nd out of 73 countries. Lastly, Turkey's S&P Global Equity Indices show an annual % change of -0.59%, ranking 38th out of 79 countries, indicating a performance below the average.
Summary
Turkey's performance in key macroeconomic indicators places it below average in terms of the number of listed domestic companies, stock market value, market capitalization, and S&P Global Equity Indices change. The high total value of stocks traded as a percentage of GDP stands out positively. These findings are crucial as they reflect Turkey's market depth, investor confidence, and economic stability compared to its global counterparts, highlighting areas for potential improvement and development strategies.
Investment
Foreign direct investment, net (BoP, current US$): Turkey's net foreign direct investment is -$4.45 billion, ranking 145th out of 169 countries. This is significantly below the average net FDI of -$1.62 billion.
Foreign direct investment, net inflows (BoP, current US$): Turkey's net inflows of $7.7 billion are higher than the average of $5.75 billion, ranking 27th out of 182 countries.
Foreign direct investment, net inflows (% of GDP): Turkey's FDI inflows as a percentage of GDP at 1.07% are below the average of 2.61%, ranking 117th out of 178 countries.
Foreign direct investment, net outflows (BoP, current US$): Turkey's net outflows of $3.25 billion are below the average of $5.71 billion, ranking 31st out of 156 countries.
Foreign direct investment, net outflows (% of GDP): Turkey's net outflows as a percentage of GDP at 0.45% are below the average of 1%, ranking 55th out of 155 countries.
Portfolio Investment, net (BoP, current US$): Turkey's net portfolio investment is $9.56 billion, significantly higher than the average of $679.56 million, ranking 20th out of 159 countries.
Portfolio investment, bonds (PPG + PNG) (NFL, current US$): Turkey's bond investment of $579.18 million is below the average of $4.13 billion, ranking 25th out of 59 countries.
Portfolio equity, net inflows (BoP, current US$): Turkey's net equity inflows of -$4.25 billion are below the average of $9.2 billion, ranking 112th out of 125 countries.
Summary
Turkey's net foreign direct investment is negative, indicating more money is flowing out of the country than coming in. However, its net inflows for both foreign direct investment and portfolio investment are above average, reflecting investor confidence. Turkey's bond investments are below average, suggesting potential for growth in this area. These indicators are crucial as they provide insights into Turkey's attractiveness to foreign investors and its participation in the global economy.
Debt
- Total debt service (% of GNI): Turkey's total debt service as a percentage of GNI is 12.10%, which is
above the average of 5.98%. Turkey ranks 14th out of 120 countries in this indicator.
- Public and publicly guaranteed debt service (% of GNI): Turkey's public and publicly guaranteed debt
service is 2.56% of GNI, below the average of 2.84%. Turkey ranks 55th out of 120 countries.
- External debt stocks (% of GNI): Turkey's external debt stocks are 60.33% of GNI, below the average of
65.42%. Turkey ranks 48th out of 120 countries.
- Debt service on external debt, total (TDS, current US$): Turkey's total debt service on external debt is
$86.16 billion, significantly higher than the average of $9.81 billion. Turkey ranks 4th out of 123
countries.
- Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Turkey's debt
service on public and publicly guaranteed external debt is $18.22 billion, higher than the average of
$3.31 billion. Turkey ranks 7th out of 123 countries.
- External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Turkey's external debt
stocks in this category amount to $138.04 billion, well above the average of $28.70 billion. Turkey also
ranks 7th out of 123 countries.
- External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Turkey's external debt stocks in
private nonguaranteed category stand at $178.49 billion, significantly higher than the average of $33.73
billion. Turkey ranks 6th out of 91 countries.
- External debt stocks, total (DOD, current US$): Turkey's total external debt stocks amount to $429.42
billion, far exceeding the average of $73.85 billion. Turkey ranks 6th out of 123 countries.
Summary
Turkey's debt service as a percentage of GNI is relatively high, with total debt service and public debt service both above average. The country also carries significant external debt, ranking relatively high in total external debt stocks. These indicators reveal Turkey's reliance on external financing, which could pose risks to its economic stability and sovereignty if not managed effectively.
Broad Trade Attributes
Trade (% of GDP): Turkey's trade as a percentage of GDP is 61.34%, which is below the attribute average of 82.34%. Turkey ranks 94th out of 163 countries in this metric.
Merchandise trade (% of GDP): Turkey's merchandise trade as a percentage of GDP is 54.02%, slightly below the attribute average of 60.01%. Turkey ranks 84th out of 186 countries in this aspect.
Trade in services (% of GDP): Turkey's trade in services as a percentage of GDP stands at 8.62%, significantly below the attribute average of 24.63%. Turkey is ranked 133rd out of 171 countries in this category.
External balance on goods and services (current US$): Turkey's external balance on goods and services is at -22,346,163,480.46 USD. This figure is significantly below the attribute average of 3,405,509,011.13 USD. Turkey ranks 157th out of 163 countries in this metric.
External balance on goods and services (% of GDP): Turkey's external balance on goods and services is at -3.10% of GDP, which is below the attribute average of -5.97% of GDP. Turkey ranks 83rd out of 163 countries in this regard.
Summary
Turkey's trade as a percentage of GDP is lower than the global average, ranking 94th globally. The country's merchandise trade is also below average, ranking 84th worldwide. Additionally, Turkey's trade in services is significantly below the global average, ranking 133rd globally. The country's external balance on goods and services, both in absolute terms and as a percentage of GDP, is also negative and ranks poorly at 157th and 83rd, respectively. These indicators are crucial as they reflect Turkey's integration into the global economy, trade competitiveness, and its ability to maintain a balance in international trade relationships.
Net Trade
Given the current account balance (BoP, current US$), Turkey's value is significantly below the average at -31,888,000,000 USD, ranking 166 out of 170 countries. This suggests a substantial deficit in its international trade and financial transactions.
When looking at the current account balance as a percentage of GDP, Turkey's value is also below the average at -4.43%, ranking 116 out of 170 countries. This indicates that Turkey relies heavily on foreign capital to fund its economy.
In terms of net trade in goods and services (BoP, current US$), Turkey exhibits a negative value of -23,515,000,000 USD, ranking 165 out of 171 countries. This reflects a trade deficit that may impact the country's foreign exchange reserves.
Examining net primary income (BoP, current US$), Turkey's value remains below the average at -8,568,000,000 USD, placing it at rank 149 out of 170 countries. This implies challenges in generating income from foreign investments and assets.
Regarding net secondary income (BoP, current US$), Turkey stands above the average with a value of 195,000,000 USD, ranking 97 out of 170 countries. This suggests a relatively positive position in receiving income such as remittances and aid.
Focusing on net trade in goods (BoP, current US$), Turkey records a deficit of -37,874,000,000 USD, ranking 167 out of 171 countries. This emphasizes the country's struggle in balancing its trade of goods with the rest of the world.
With respect to the net capital account (BoP, current US$), Turkey shows a negative value of -36,000,000 USD, ranking 135 out of 159 countries. This indicates a decrease in capital flowing into the country for long-term investments.
Lastly, in terms of the net financial account (BoP, current US$), Turkey reports a deficit of -39,430,000,000 USD, ranking 167 out of 170 countries. This signals challenges in attracting foreign investment and managing the country's financial assets.
Summary
The analysis of key macroeconomic indicators for Turkey reveals significant deficits in its current account balance, trade in goods and services, primary income, trade in goods, net capital account, and financial account. These rankings reflect Turkey's heavy reliance on foreign capital, challenges in generating income from investments, and struggle to balance trade with the rest of the world. These findings are crucial as they indicate potential vulnerabilities in Turkey's economy, highlighting the need for strategic policy interventions to address these deficits and enhance economic stability and sustainability.
Broad Export Attributes
1. Exports of goods, services and primary income (BoP, current US$): Turkey's value is $212,842,000,000 which is above the average of $146,238,908,936. The country ranks 29th out of 170 countries.
2. Exports of goods and services (BoP, current US$): Turkey's value is $206,621,000,000 which is above the average of $122,938,540,059. The country ranks 27th out of 170 countries.
3. Exports of goods and services (current US$): Turkey's value is $209,768,260,359.943 which is above the average of $129,596,864,610.192. The country ranks 27th out of 163 countries.
4. Exports of goods and services (% of GDP): Turkey's value is 29.12% which is below the average of 38.19%. The country ranks 88th out of 163 countries.
5. Goods exports (BoP, current US$): Turkey's value is $168,378,000,000 which is above the average of $93,310,581,697.38683. The country ranks 27th out of 171 countries.
6. International tourism, receipts (% of total exports): Turkey's value is 6.66% which is below the average of 9.74%. The country ranks 45th out of 120 countries.
7. ICT goods exports (% of total goods exports): Turkey's value is 1.00% which is below the average of 3.81%. The country ranks 64th out of 142 countries.
Summary
Turkey performs above average in various categories of exports, including goods, services, and primary income, positioning itself among the top 30 countries globally. However, its exports as a percentage of GDP are below the average, indicating potential for further economic growth through increased export activity. The country's international tourism receipts and ICT goods exports also show room for improvement compared to global averages, highlighting areas where strategic investments or policy changes could enhance Turkey's economic performance and competitiveness on the global stage.
Merchandise Exports
1. Merchandise exports (current US$): Turkey's merchandise exports amount to $169.64 billion, exceeding the average of $89.54 billion. This ranks Turkey 28th out of 187 countries included in the data.
2. Agricultural raw materials exports (% of merchandise exports): Turkey exports 0.52% of agricultural raw materials, below the average of 2.97%. This places Turkey at the 109th rank out of 151 countries.
3. Food exports (% of merchandise exports): Turkey's food exports constitute 12.00% of total merchandise exports, lower than the average of 24.06%. Turkey ranks 92nd out of 152 countries in this aspect.
4. Fuel exports (% of merchandise exports): Turkey's fuel exports represent 2.69% of total merchandise exports, which is below the average of 13.70%. Turkey holds the 79th rank out of 147 countries.
5. Ores and metals exports (% of merchandise exports): Turkey's ores and metals exports make up 4.03% of total merchandise exports, falling short of the average of 9.10%. Turkey ranks 68th out of 152 countries for this attribute.
6. Merchandise exports by the reporting economy, residual (% of total merchandise exports): Turkey's residual merchandise exports account for 0.72% of total exports, lower than the average of 3.20%. Turkey is ranked 63rd out of 166 countries in this category.
Summary
Turkey's key macroeconomic indicators reveal that while its total merchandise exports are relatively high, the country lags behind in the export of agricultural raw materials, food, fuel, ores, metals, and residual merchandise. This signifies a potential imbalance in Turkey's export portfolio, with a heavy reliance on certain sectors like merchandise exports. Diversifying its export base could help Turkey mitigate risks associated with fluctuations in specific commodity prices and strengthen its overall economic resilience.
Technology Exports
Manufactures exports (% of merchandise exports): Turkey's value of 78.01% is above the average of 42.62%. This ranks Turkey 25th out of 152 countries.
High-technology exports (current US$): Turkey's value of $4,172,699,768 is below the average of $16,655,934,078.80. This ranks Turkey 36th out of 151 countries.
High-technology exports (% of manufactured exports): Turkey's value of 3.15% is below the average of 10.15%. This ranks Turkey 100th out of 150 countries.
Medium and high-tech exports (% manufactured exports): Turkey's value of 44.38% is above the average of 34.29%. This ranks Turkey 54th out of 149 countries.
Summary
Turkey has a high percentage of manufactures exports compared to the global average, ranking 25th out of 152 countries. However, its high-technology exports and high-technology exports as a percentage of manufactured exports are below average, ranking 36th and 100th respectively. On the other hand, Turkey excels in medium and high-tech exports, ranking 54th globally. These indicators are crucial as they highlight Turkey's strengths and weaknesses in different sectors, providing insight into its economic diversification and technological advancements compared to other nations.
Service Exports
The service exports of Turkey amount to $38.24 billion, surpassing the attribute average of $28.92 billion. Turkey is ranked 25th out of 171 countries in this category.
ICT service exports for Turkey sit at $2.11 billion, falling below the attribute average of $4.58 billion. This places Turkey at 39th out of 166 countries.
ICT service exports as a percentage of total service exports for Turkey stand at 5.53%, which is below the average of 11.75%. Turkey ranks 108th out of 166 countries for this metric.
Communications, computer, etc. as a percentage of service exports in Turkey is 19.57%, lower than the average of 45.85%. Turkey holds the 140th rank out of 169 countries in this aspect.
Transport services account for 42.07% of Turkey's service exports, notably higher than the average of 21.80%. Turkey ranks 21st out of 169 countries for this attribute.
Travel services make up 34.86% of Turkey's service exports, exceeding the average of 26.40%. Turkey is ranked 49th out of 167 countries for this metric.
Insurance and financial services contribute 3.51% to Turkey's service exports, below the average of 6.45%. Turkey is placed 79th out of 161 countries in this category.
Summary
Turkey demonstrates strength in service exports, with notable performance in transport services at 42.07% and travel services at 34.86%, surpassing global averages in both categories. However, the country lags in ICT service exports and ICT services as a percentage of total service exports. These indicators are crucial as they showcase Turkey's economic diversification and competitiveness in the global market, highlighting areas for potential growth and development.
Commercial Service Exports
Commercial service exports in Turkey amount to $37,876,000,000, ranking 25th out of 171 countries. This value exceeds the attribute average by $9,367,781,597.2.
Travel services represent 35.19% of Turkey's commercial service exports, higher than the average of 27.89%. Turkey ranks 51st out of 167 countries for this attribute.
Computer, communications, and other services contribute 18.79% to Turkey's commercial service exports, significantly lower than the average of 42.44%. Turkey ranks 129th out of 169 countries in this category.
Turkey's insurance and financial services account for 3.54% of its commercial service exports, below the average of 6.97%. The country holds the 82nd rank out of 161 countries for this attribute.
Transport services make up 42.47% of Turkey's commercial service exports, surpassing the average of 23.37%. Turkey is ranked 25th out of 169 countries for this statistic.
Summary
Turkey demonstrates strength in its commercial service exports, ranking above average in various categories such as travel services and transport services. However, there are areas of potential improvement, notably in computer, communications, and other services where Turkey lags behind the global average. Addressing these gaps could enhance Turkey's overall competitiveness in the global market and diversify its export revenue streams, ultimately contributing to sustainable economic growth.
Broad Import Attributes
1. Imports of goods and services (current US$): Turkey's value of 232.11 billion is above the average of 126.19 billion. Turkey ranks 24th out of 163 countries in this dataset.
2. Imports of goods and services (% of GDP): Turkey's value of 32.22% is below the average of 44.15%. Turkey ranks 104th out of 163 countries in this dataset.
3. International tourism, expenditures (% of total imports): Turkey's value of 0.71% is significantly below the average of 3.98%. Turkey ranks 125th out of 131 countries in this dataset.
4. ICT goods imports (% total goods imports): Turkey's value of 4.57% is below the average of 6.85%. Turkey ranks 86th out of 143 countries in this dataset.
5. Goods imports (BoP, current US$): Turkey's value of 206.25 billion is above the average of 92.01 billion. Turkey ranks 21st out of 171 countries in this dataset.
6. Imports of goods and services (BoP, current US$): Turkey's value of 230.13 billion is above the average of 120.32 billion. Turkey ranks 24th out of 170 countries in this dataset.
7. Imports of goods, services and primary income (BoP, current US$): Turkey's value of 244.92 billion is above the average of 144.51 billion. Turkey ranks 26th out of 170 countries in this dataset.
Summary
Turkey generally showcases higher values in imports of goods and services compared to the global average across various indicators such as total imports in US dollars, goods imports as a percentage of GDP, and ICT goods imports. However, Turkey's international tourism expenditures as a percentage of total imports are notably lower than the global average. These statistics are important as they reflect Turkey's level of integration in the global economy, its dependency on imports, and potential areas for economic diversification and growth.
Merchandise Imports
1. Merchandise imports (current US$): Turkey has a value of $219,517,000,000 for this attribute, which is significantly higher than the average of $89,385,605,263. Turkey ranks 21 out of 190 countries in this dataset.
2. Manufactures imports (% of merchandise imports): With a value of 59.01%, Turkey's focus on manufactured imports is below the average of 66.76%. Turkey holds the 122nd rank out of 152 countries for this attribute.
3. Agricultural raw materials imports (% of merchandise imports): Turkey's focus on agricultural raw materials imports, at 2.27%, exceeds the average of 1.27%. Turkey ranks 17th out of 152 countries in this category.
4. Food imports (% of merchandise imports): Turkey's food imports account for 6.72% of merchandise imports, falling below the average of 15.89%. The country ranks 144th out of 152 countries for this attribute.
5. Fuel imports (% of merchandise imports): Turkey's fuel imports represent 4.96% of merchandise imports, lower than the average of 11.38%. Turkey holds the 133rd rank out of 152 countries in this aspect.
6. Ores and metals imports (% of merchandise imports): Turkey's focus on ores and metals imports, at 7.24%, is notably higher than the average of 2.57%. Turkey ranks 9th out of 152 countries in this category.
7. Merchandise imports by the reporting economy, residual (% of total merchandise imports): Turkey's value for this attribute is 6.30%, surpassing the average of 2.51%. Turkey holds the 19th rank out of 180 countries included in this dataset.
Summary
Turkey stands out in its macroeconomic profile with a significantly high value of $219,517,000,000 for merchandise imports, ranking 21st globally. The country showcases a diverse import profile, focusing more on agricultural raw materials and ores while lagging behind in food imports. These indicators are crucial as they reflect Turkey's trade dynamics, economic dependencies, and industrial priorities, providing insights into its economic resilience and vulnerability to external shocks.
Service Imports
Service imports (BoP, current US$): Turkey's service imports amount to $23,884,000,000. This value is below the average of $27,615,356,170.47. Turkey is ranked 34th out of 171 countries in this attribute.
Communications, computer, etc. (% of service imports, BoP): Turkey's percentage in this category is 51.13%, which is above the average of 44.40%. Turkey is ranked 71st out of 169 countries.
Transport services (% of service imports, BoP): Turkey's percentage for transport services is 33.45%, slightly above the average of 32.90%. Turkey is ranked 74th out of 169 countries.
Travel services (% of service imports, BoP): Turkey's percentage for travel services is 4.35%, significantly below the average of 14.14%. Turkey is ranked 142nd out of 169 countries.
Insurance and financial services (% of service imports, BoP): Turkey's percentage for insurance and financial services stands at 11.07%, higher than the average of 8.53%. Turkey is ranked 43rd out of 169 countries.
Summary
Turkey's service imports are below the global average, but it excels in the percentage of communications and computer services within its service imports. However, it lags significantly in the travel services category. The higher-than-average percentage of insurance and financial services indicates a strong presence in this sector, positioning Turkey well for financial activities in the global market.
These findings are important as they highlight Turkey's strengths and weaknesses in its service imports, showcasing areas where the country can further leverage its advantages and address shortcomings. Understanding these nuances is crucial for strategic planning and policy-making to enhance Turkey's competitiveness in the international trade of services.
Commercial Service Imports
For Commercial service imports (current US$), Turkey's value of $22,928,000,000 is below the average of $27,102,746,128.60. Turkey ranks 34 out of 171 countries in this attribute data.
In Computer, communications and other services (% of commercial service imports), Turkey's value of 49.09% is above the average of 41.71%. Turkey ranks 70 out of 169 countries in this attribute data.
Regarding Insurance and financial services (% of commercial service imports), Turkey's value of 11.53% is above the average of 8.85%. Turkey ranks 41 out of 169 countries in this attribute data.
For Transport services (% of commercial service imports), Turkey's value of 34.85% is slightly above the average of 34.71%. Turkey ranks 78 out of 169 countries in this attribute data.
Lastly, in Travel services (% of commercial service imports), Turkey's value of 4.54% is notably below the average of 14.73%. Turkey ranks 141 out of 169 countries in this attribute data.
Summary
Turkey's macroeconomic indicators show that the country has below-average commercial service imports, but excels in computer, communications, and other services as well as insurance and financial services. However, Turkey lags behind in travel services compared to other countries. These findings are important as they highlight Turkey's strengths and weaknesses in different sectors of the economy, providing insights for policymakers and investors seeking to understand the country's economic dynamics and potential areas for improvement.
Infrastructure
1. Railways, passengers carried (million passenger-km): Turkey's value of 8297 million passenger-km is below the attribute average of 32281.9 million passenger-km. Turkey ranks 17th out of 64 countries in this category.
2. Railways, goods transported (million ton-km): Turkey's value of 15428 million ton-km is below the attribute average of 119231.2 million ton-km. Turkey ranks 21st out of 62 countries in this category.
3. Air transport, freight (million ton-km): Turkey's value of 6870.47 million ton-km is above the attribute average of 1384.37 million ton-km. Turkey ranks 9th out of 126 countries in this category.
4. Air transport, registered carrier departures worldwide: Turkey's value of 364856.07 departures is above the attribute average. Turkey ranks 10th out of 149 countries in this category.
5. Air transport, passengers carried: Turkey's value of 44722690.06 passengers carried is above the attribute average of 11848242.7 passengers. Turkey ranks 8th out of 149 countries in this category.
6. Container port traffic (TEU: 20 foot equivalent units): Turkey's value of 11626578 TEU is above the attribute average of 6907110.27 TEU. Turkey ranks 14th out of 110 countries in this category.
7. Rail lines (total route-km): Turkey's value of 10378 km is below the attribute average of 12204.74 km. Turkey ranks 16th out of 66 countries in this category.
Summary
Turkey demonstrates a mixed performance in key macroeconomic indicators related to transportation. While the country excels in air transport, particularly in terms of freight and passenger volumes, it lags behind in railway metrics and total rail route length. The findings are crucial as they highlight Turkey's strengths in air connectivity, which can boost international trade and tourism, while also signaling the need for further investment in railway infrastructure to enhance domestic transportation efficiency and connectivity.
Information Technology Infrastructure
When examining the attribute of Secure Internet servers in Turkey, with a value of 570,108, we see that it exceeds the attribute average of 458,294. Turkey ranks 22 out of 193 countries in this dataset.
The statistic for Secure Internet servers (per 1 million people) in Turkey is 6,837.08, which is below the average of 14,067.17. Turkey holds the 55th position out of 193 countries included.
Regarding the percentage of individuals using the Internet in Turkey (77.67% of the population), it is higher than the average of 64.77%. Turkey is ranked 73rd out of 180 countries in this regard.
Turkey's number of Fixed broadband subscriptions is 16,734,853, significantly surpassing the average of 6,591,956. Turkey holds the 13th rank out of 185 countries for this metric.
With 82,128,104 Mobile cellular subscriptions, Turkey exceeds the average of 42,526,463. This places Turkey at the 19th position out of 193 countries included in the dataset.
Summary
Overall, Turkey demonstrates strong performance in key indicators related to technology and connectivity. It boasts a high number of Secure Internet servers, above-average internet usage rate, significant fixed broadband subscriptions, and a large number of mobile cellular subscriptions. These indicators are crucial as they signify Turkey's advancement in digital infrastructure, which is vital for economic growth, innovation, and competitiveness in the global arena.
Energy Consumption
Regarding Renewable energy consumption, Turkey's value is 13.72%, which is below the average of 32.18%. This places Turkey at a rank of 125 out of 191 countries in the dataset.
As for CO2 emissions, Turkey emits 407,406.2 kt, significantly above the average of 171,895.94 kt. Turkey ranks 13th out of 188 countries in CO2 emissions data.
Summary
Turkey lags behind the global average in renewable energy consumption with a value of 13.72%, while ranking 125th out of 191 countries. On the other hand, Turkey exceeds the average CO2 emissions, emitting 407,406.2 kt and ranking 13th out of 188 countries. These findings indicate that Turkey faces challenges in transitioning to sustainable energy sources, which could have long-term implications for environmental sustainability and climate change mitigation efforts.
Government Balance Sheet
1. Net acquisition of financial assets (% of GDP): Turkey's value is 3.49%, which is higher than the average of 2.45%. This places Turkey at rank 23 out of 87 countries in the dataset.
2. Central government debt, total (% of GDP): Turkey's value is 41.80%, below the average of 74.12%. Turkey ranks 48 out of 61 countries in this attribute.
3. Net incurrence of liabilities, total (% of GDP): Turkey's value is 8.79%, above the average of 7.43%. The country ranks 30 out of 92 nations.
4. Total reserves (% of total external debt): Turkey's value is 21.78%, well below the average of 66.13%. Turkey ranks at 76 out of 102 countries.
5. Reserves and related items (BoP, current US$): Turkey's value is -$31.85 billion, significantly below the average of $1.92 billion. This places Turkey at rank 170 out of 171 countries.
6. Total reserves minus gold (current US$): Turkey's value is $49.96 billion, below the average of $74.22 billion. Turkey ranks 33 out of 161 countries.
7. Total reserves (includes gold, current US$): Turkey's value is $93.51 billion, above the average of $85.71 billion. Turkey ranks 25 out of 161 countries.
8. Total reserves in months of imports: Turkey's value is 4.58 months, below the average of 7.10 months. This places Turkey at rank 96 out of 151 countries.
Summary
Turkey demonstrates a mixed performance across key macroeconomic indicators. While the country ranks relatively well in terms of net acquisition of financial assets and central government debt, it falls below average in metrics related to total reserves and liabilities. Turkey's position in these indicators is crucial for assessing its economic stability, financial resilience, and ability to meet external obligations.
Government Revenue
Revenue, excluding grants (% of GDP): Turkey's value for this attribute is 29.64%, which is above the average of 27.02%. Turkey's rank is 43 out of 122 countries.
Grants and other revenue (% of revenue): Turkey's value is 17.40%, below the average of 23.54%. Turkey ranks 54 out of 108 countries.
Social contributions (% of revenue): Turkey's value is 23.37%, slightly above the average of 22.29%. The country ranks 40 out of 81 countries.
Taxes on goods and services (% of revenue): Turkey's value is 37.27%, higher than the average of 31.82%. Turkey ranks 44 out of 122 countries.
Taxes on international trade (% of revenue): Turkey's value is 1.78%, far below the average of 6.24%. The country ranks 73 out of 101 countries.
Other taxes (% of revenue): Turkey's value is 1.58%, also below the average of 2.12%. Turkey ranks 44 out of 106 countries.
Taxes on income, profits and capital gains (% of revenue): Turkey's value is 18.60%, below the average of 24.66%. Turkey ranks 79 out of 119 countries.
Summary
Turkey's revenue composition differs from the global average in various aspects. While the country's revenue, excluding grants, and social contributions as a percentage of GDP are higher than average, taxes on international trade and other taxes are lower. This indicates a reliance on internal sources of revenue over external trade-related taxes, which could impact Turkey's economic policies and international trade competitiveness.
Taxes
The tax revenue in Turkey accounts for 17.66% of its GDP, slightly above the average of 16.72%. Turkey ranks 52 out of 123 countries in this aspect.
Customs and other import duties in Turkey represent 3.01% of its tax revenue, significantly below the average of 9.01%. Turkey ranks 74 out of 99 countries in this category.
Taxes on income, profits, and capital gains in Turkey make up 31.40% of total taxes, lower than the average of 38.40%. Turkey ranks 81 out of 120 countries in this area.
The applied tariff rate on all products in Turkey is 2.85%, below the average of 5.21%. Turkey ranks 86 out of 153 countries in this domain.
Summary
Turkey's tax revenue as a percentage of its GDP is slightly above the global average, ranking 52nd out of 123 countries. However, its reliance on customs and import duties is significantly lower than average, placing it at 74th out of 99 countries. Furthermore, Turkey's share of taxes on income, profits, and capital gains is below the global average, ranking 81st out of 120 countries. Lastly, Turkey's applied tariff rate on all products is lower than the global average, with a ranking of 86th out of 153 countries.
These findings are important as they provide insights into Turkey's fiscal policies and trade practices. A lower dependence on customs and import duties suggests potential opportunities for revenue diversification. The lower share of taxes on income and profits may impact government revenues and economic development. Additionally, a below-average applied tariff rate can affect international trade competitiveness and domestic consumer prices.
Government Expenses
Expense (% of GDP): In Turkey, expenses account for 34.07% of the GDP, which is slightly above the average of 31.69%. The country ranks 48th out of 123 countries in this metric.
Compensation of employees (% of expense): Turkey allocates 23.49% of expenses towards employee compensation, lower than the average of 24.70%. This places Turkey at the 60th position out of 123 countries.
Goods and services expense (% of expense): Turkey's expenditure on goods and services represents 8.71% of its expenses, below the average of 14.77%. This places Turkey at 82nd out of 122 countries.
Interest payments (% of expense): Turkey spends 9.01% of its expenses on interest payments, higher than the average of 6.85%. The country ranks 34th out of 121 countries in this aspect.
Other expense (% of expense): Turkey's other expenses account for 8.51% of its total expenses, slightly above the average of 8.29%. The country holds the 43rd position out of 120 countries.
Subsidies and other transfers (% of expense): Turkey allocates 50.27% of its expenses to subsidies and transfers, higher than the average of 43.29%. Turkey ranks 41st out of 121 countries in this category.
Summary
Turkey's macroeconomic indicators reveal a mixed picture. While the country's expenses as a percentage of GDP are slightly above the average, its allocation towards employee compensation, goods and services, and interest payments are below, above, and higher than the average respectively. The high percentage of expenses dedicated to subsidies and transfers is notable, placing Turkey above the average. These indicators are crucial as they reflect how Turkey manages its financial resources, prioritizes expenditures, and supports various sectors of the economy, influencing its overall economic stability and growth prospects.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Population, total | 18/194 |
| Population ages 15-64, total | 17/194 |
| Urban population | 14/194 |
| Armed forces personnel, total | 13/164 |
| Arable land (hectares) | 16/190 |
| Land under cereal production (hectares) | 16/174 |
| Cereal production (metric tons) | 16/174 |
| Industrial design applications, nonresident, by count | 9/112 |
| Industrial design applications, resident, by count | 3/113 |
| Trademark applications, resident, by count | 7/129 |
| Scientific and technical journal articles | 16/192 |
| GDP, PPP (current international $) | 13/181 |
| GNI, PPP (current international $) | 13/181 |
| Agriculture, forestry, and fishing, value added (current US$) | 10/182 |
| Industry (including construction), value added (current US$) | 18/183 |
| Manufacturing, value added (current US$) | 17/173 |
| Textiles and clothing (% of value added in manufacturing) | 8/93 |
| Inflation, consumer prices (annual %) | 14/165 |
| Inflation, GDP deflator (annual %) | 11/188 |
| Broad money growth (annual %) | 8/139 |
| Stocks traded, total value (% of GDP) | 6/71 |
| Debt service on external debt, total (TDS, current US$) | 4/123 |
| Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) | 7/123 |
| External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) | 7/123 |
| External debt stocks, private nonguaranteed (PNG) (DOD, current US$) | 6/91 |
| External debt stocks, total (DOD, current US$) | 6/123 |
| Ores and metals imports (% of merchandise imports) | 9/152 |
| Air transport, freight (million ton-km) | 9/126 |
| Air transport, registered carrier departures worldwide | 10/149 |
| Air transport, passengers carried | 8/149 |
| Fixed broadband subscriptions | 13/185 |
| Mobile cellular subscriptions | 19/193 |
| CO2 emissions (kt) | 13/188 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| External balance on goods and services (current US$) | 157/163 |
| Current account balance (BoP, current US$) | 166/170 |
| Net trade in goods and services (BoP, current US$) | 165/171 |
| Net trade in goods (BoP, current US$) | 167/171 |
| Net financial account (BoP, current US$) | 167/170 |
| International tourism, expenditures (% of total imports) | 125/131 |
| Food imports (% of merchandise imports) | 144/152 |
| Reserves and related items (BoP, current US$) | 170/171 |