Compare the economies of the countries

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Economy power of Australia & Turkmenistan

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Australia vs Turkmenistan

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Australia Turkmenistan
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Australia is the nation that is at the same time the entire continent. It is the only country that covers the land of the entire continent. The name of the nation came from the latin Terra Australis, which was basically the name for the Southern Earth. At this moment it is one of the largest federations in the world with an official language being English. Interestingly, though the head of the government is Scott Morrison, the head of the nation is Queen Elizabeth II. On her behalf, the nation is run by David Hurley. More about Australia Turkmenistan is also widely known as Turkmenia and is situated in Central Asia. It shares the borders with four countries, which are Kazakhstan, Uzbekistan, Afghanistan and Iran, as well as the Caspian Sea. Citizens use Turkmen as their national language; however, they also speak Russian when it comes to interethnic communication. Over 93% of the entire Turkmen population is Muslim.  More about Turkmenistan

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Australia Turkmenistan
Position in the ranking of countries 13 (2021) 87 (2019)
GDP [US$] 1,552,667,363,236 45,231,428,571
Percentage of the other 3432.7 % 2.9 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Australia Turkmenistan
Position in the ranking of countries 13 (2021) 88 (2019)
GNI [US$] 1,535,457,123,665 43,575,785,421
Percentage of the other 3523.6 % 2.8 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Australia Turkmenistan
Position in the ranking of countries 9 (2021) 37 (2018)
External balance [US$] 66,458,690,947 4,145,000,000
Percentage of the other 1603.3 % 6.2 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Australia Turkmenistan
Position in the ranking of countries 9 (2021) 37 (2018)
Unemployment [%] 5.12 4.79
Percentage of the other 106.9 % 93.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Australia Turkmenistan
Position in the ranking of countries 53 (2021) 107 (2021)
Population 25,688,079 6,341,855
Percentage of the other 405.1 % 24.7 %

Population growth (annual %)

Density

Gender

Demography