Gross domestic product (GDP) in Turkmenistan
Turkmenistan: Gross domestic product (GDP) was 407.48 billion Domestic currency in 2027. ◆ Volatile
Gross domestic product (GDP) in Turkmenistan, 1992–2027
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Turkmenistan recorded 407.48 billion Domestic currency for gross domestic product (gdp) in 2027. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 151.1% over ten years.
Over the whole period, gross domestic product (gdp) in Turkmenistan peaked at 407.48 billion Domestic currency in 2027 and was at its lowest, 128,523 Domestic currency, in 1992.
Turkmenistan ranks 60th of 86 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Turkmenistan, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1992 | 128,523 Domestic currency | — |
| 1993 | 3.26 million Domestic currency | +2438.6% |
| 1994 | 29.47 million Domestic currency | +803.3% |
| 1995 | 220.37 million Domestic currency | +647.7% |
| 1996 | 2.62 billion Domestic currency | +1088.9% |
| 1997 | 3.75 billion Domestic currency | +43.3% |
| 1998 | 4.73 billion Domestic currency | +26.0% |
| 1999 | 6.78 billion Domestic currency | +43.3% |
| 2000 | 8.83 billion Domestic currency | +30.2% |
| 2001 | 12.19 billion Domestic currency | +38.1% |
| 2002 | 15.29 billion Domestic currency | +25.5% |
| 2003 | 20.08 billion Domestic currency | +31.3% |
| 2004 | 24.95 billion Domestic currency | +24.3% |
| 2005 | 30.18 billion Domestic currency | +21.0% |
| 2006 | 37.60 billion Domestic currency | +24.6% |
| 2007 | 45.63 billion Domestic currency | +21.4% |
| 2008 | 83.60 billion Domestic currency | +83.2% |
| 2009 | 97.36 billion Domestic currency | +16.5% |
| 2010 | 99.15 billion Domestic currency | +1.8% |
| 2011 | 125.60 billion Domestic currency | +26.7% |
| 2012 | 142.10 billion Domestic currency | +13.1% |
| 2013 | 146.21 billion Domestic currency | +2.9% |
| 2014 | 158.24 billion Domestic currency | +8.2% |
| 2015 | 154.21 billion Domestic currency | -2.5% |
| 2016 | 145.94 billion Domestic currency | -5.4% |
| 2017 | 162.28 billion Domestic currency | +11.2% |
| 2018 | 170.40 billion Domestic currency | +5.0% |
| 2019 | 185.36 billion Domestic currency | +8.8% |
| 2020 | 186.15 billion Domestic currency | +0.4% |
| 2021 | 217.71 billion Domestic currency | +16.9% |
| 2022 | 260.54 billion Domestic currency | +19.7% |
| 2023 | 288.28 billion Domestic currency | +10.6% |
| 2024 | 313.48 billion Domestic currency | +8.7% |
| 2025 | 341.84 billion Domestic currency | +9.0% |
| 2026 | 372.94 billion Domestic currency | +9.1% |
| 2027 | 407.48 billion Domestic currency | +9.3% |
Turkmenistan compared with similar countries
- Turkmenistan's 407.48 billion Domestic currency is below the median for upper middle income countries, which is 7.12 trillion Domestic currency, 6% of the median. (24 countries reporting)
- Turkmenistan's 407.48 billion Domestic currency is below the median for Europe & Central Asia, which is 1.16 trillion Domestic currency, 35% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Turkmenistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +2438.6% | 128,523 Domestic currency | 3.26 million Domestic currency |
| 1996 | +1088.9% | 220.37 million Domestic currency | 2.62 billion Domestic currency |
| 1994 | +803.3% | 3.26 million Domestic currency | 29.47 million Domestic currency |
| 1995 | +647.7% | 29.47 million Domestic currency | 220.37 million Domestic currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.27 billion Domestic currency | 128,523 Domestic currency | 6.78 billion Domestic currency | 8 |
| 2000s | 37.57 billion Domestic currency | 8.83 billion Domestic currency | 97.36 billion Domestic currency | 10 |
| 2010s | 148.95 billion Domestic currency | 99.15 billion Domestic currency | 185.36 billion Domestic currency | 10 |
| 2020s | 298.55 billion Domestic currency | 186.15 billion Domestic currency | 407.48 billion Domestic currency | 8 |
Countries ranked near Turkmenistan
- 57 Austria 538.77 billion Domestic currency compare
- 58 New Zealand 502.68 billion Domestic currency compare
- 59 Republic of Moldova 469.26 billion Domestic currency compare
- 61 Bhutan 338.52 billion Domestic currency compare
- 62 Finland 313.36 billion Domestic currency compare
- 63 Portugal 304.95 billion Domestic currency compare
More public sector data for Turkmenistan
- Arms imports 382.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 53.86 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0145 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -75.06 % change on previous year (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 382.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 24.92 current USD per person (1999)
- Military expenditure (current USD), per unit of GDP 0.0457 current USD per US$ of GDP (1999)
- Military expenditure (current USD), annual growth rate 27.9 % change on previous year (1999)
- Military expenditure (current USD), gaps filled 111.92 million current USD (1999)
- Arms imports (SIPRI trend indicator values), per square kilometre 812.89 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is gross domestic product (gdp) in Turkmenistan?
- Gross domestic product (gdp) in Turkmenistan was 407.48 billion Domestic currency in 2027, according to International Monetary Fund.
- What is the highest gross domestic product (gdp) recorded in Turkmenistan?
- The highest recorded value was 407.48 billion Domestic currency in 2027.
- What is the lowest gross domestic product (gdp) recorded in Turkmenistan?
- The lowest recorded value was 128,523 Domestic currency in 1992.
- How does Turkmenistan rank for gross domestic product (gdp)?
- Turkmenistan ranks 60th out of 86 countries with data for 2027.
- Is gross domestic product (gdp) rising or falling in Turkmenistan?
- Over the last ten years it is up 151.1%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP) (Total economy, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Public Sector Balance Sheet (PSBS) Database shows comprehensive estimates of public sector assets and liabilities that formed the basis for the analysis presented in the October 2018 edition of the Fiscal Monitor. The database covers a broad sample of 55 countries, of which 25 countries contain time-series estimated PSBS and the rest for one single-year data compiled as part of Financial Transparency Evaluations and IMF Technical Assistance missions. The PSBS database is compiled on a best-effort basis, using the conceptual framework of the IMF's Government Finance Statistics Manual 2014. Data for the central and general government generally replicate data reported by country authorities in the IMF's Government Finance Statistics database. Data for the central bank generally replicate data reported by country authorities in the IMF's Monetary and Financial Statistics database. Where these data fail to cover all categories of assets and liabilities, they are complemented by other data reported by statistical authorities at the national level. other international organizations, or staff estimates. Data sources for public corporations are country specific and are captured in the country specific metadata documents.