Luxembourg vs Turkmenistan: GDP
GDP over time
- Luxembourg
- Turkmenistan
How they compare
Luxembourg currently reports 70.96 billion constant 2015 US$ against 65.56 billion constant 2015 US$ in Turkmenistan, a difference of 5.40 billion constant 2015 US$.
That makes Luxembourg's figure about 1.1 times Turkmenistan's.
Across all 39 years both countries report, Luxembourg has been ahead every year.
Globally, Luxembourg ranks 78th and Turkmenistan ranks 81st of 211 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.