Turkmenistan Economic Statistics and Indicators

24, May 2018, EDT. Welcome to the Turkmenistan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Turkmenistan › Change country
National or Regional Currency: Turkmenistani Manat, TMM
Year of data: 2015 › Change year
Number of Indicators Listed: 30
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,171,943 (July 2014 est.)
Area: total: 488,100 sq km ; land: 469,930 sq km ; water: 18,170 sq km
Natural Resources: petroleum, natural gas, sulfur, salt
Capital: name: Ashgabat (Ashkhabad) ; geographic coordinates: 37 57 N, 58 23 E ; time difference: UTC+5 (10 hours ahead of Washington, DC, during Standard Time)

Turkmenistan is largely a desert country with intensive agriculture in irrigated oases and sizeable gas and oil resources. The two largest crops are cotton, most of which is produced for export, and wheat, which is domestically consumed. Although agriculture accounts for roughly 7% of GDP, it continues to employ nearly half of the country's workforce. Turkmenistan's authoritarian regime has taken a cautious approach to economic reform, hoping to use gas and cotton export revenues to sustain its inefficient and highly corrupt economy. The government introduced a privatization plan in 2012, but the implementation of this initiative has been slow. Privatization goals remain limited. From 1998-2005, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by an average of roughly 15% per year from 2003-08, largely because of higher international oil and gas prices. Additional pipelines to China, that began operation in early 2010, and increased pipeline capacity to Iran, have expanded Turkmenistan's export routes for its gas. Overall prospects in the near future are discouraging because of endemic corruption, a poor educational system, government misuse of oil and gas revenues, and Ashgabat's reluctance to adopt market-oriented reforms. The majority of Turkmenistan's economic statistics are state secrets. The present government established a State Agency for Statistics, but GDP numbers and other publicized figures are subject to wide margins of error. In particular, the rate of GDP growth is uncertain. Since his election, President BERDIMUHAMEDOW unified the country's dual currency exchange rate, ordered the redenomination of the manat, reduced state subsidies for gasoline, and initiated development of a special tourism zone on the Caspian Sea. Although foreign investment is encouraged, and some improvements in macroeconomic policy have been made, numerous bureaucratic obstacles impede international business activity.
More on the Turkmenistan Economy
More on the Turkmenistan Export, Import and Trade

Economic Indicator Listing
  For Turkmenistan in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 6.5 %
GDP (Current Prices, National Currency)TMM 124.881 Billion.
GDP (Current Prices, US Dollars)US$ 35.68 Billion
GDP Deflator 258.785 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)TMM 8,956.64 .
GDP Per Capita (Current Prices, National Currency)TMM 23,178.45 .
GDP Per Capita (Current Prices, US Dollars)US$ 6,622.41
GDP (PPP), US DollarsUS$ 88.6 Billion
GDP Per Capita (PPP), US DollarsUS$ 16,444.54
GDP Share of World Total (PPP) 0.078 %
Implied PPP Conversion Rate 1.409
Inflation, Average Consumer Prices (Indexed to Year 2000) 414.616 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5.5 %
Inflation, End of Year (Indexed to Year 2000) 403.588 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 6.5 %
Import Volume of All Items Including Goods and Services (Percent Change) -20.386 %
Import Volumes of Goods Only (Percent Change) -15.793 %
Export Volume of All Items Including Goods and Services (Percent Change) 9.035 %
Export Volumes of Goods Only (Percent Change) 8.07 %
Population 5.388 Million
General government revenue (National Currency)TMM 20.183 Billions.
General government revenue (% of GDP) 16.162 %
General government total expenditure (National Currency)TMM 20.216 Billions.
General government total expenditure (% of GDP) 16.188 %
Total Government Net Lending/ Borrowing (National Currency)TMM -0.033 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -0.027 %
Fiscal Year Gross Domestic Product, Current PricesTMM 124.881 Billions.
Current Account Balance (US Dollars)US$ -4.523 Billion
Current Account Balance (% GDP) -12.677 %
Economic Indicators for Turkmenistan 2015

GDP (Constant Prices, National Currency) for Turkmenistan in year 2015 is TMM 48.257 Billion.

GDP Growth (Constant Prices, National Currency) for Turkmenistan in year 2015 is 6.5 %.

GDP (Current Prices, National Currency) for Turkmenistan in year 2015 is TMM 124.881 Billion.

GDP (Current Prices, US Dollars) for Turkmenistan in year 2015 is US$ 35.68 Billion.

GDP Deflator for Turkmenistan in year 2015 is 258.785 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Turkmenistan in year 2015 is TMM 8,956.64 .

GDP Per Capita (Current Prices, National Currency) for Turkmenistan in year 2015 is TMM 23,178.45 .

GDP Per Capita (Current Prices, US Dollars) for Turkmenistan in year 2015 is US$ 6,622.41 .

GDP (PPP), US Dollars for Turkmenistan in year 2015 is US$ 88.6 Billion.

GDP Per Capita (PPP), US Dollars for Turkmenistan in year 2015 is US$ 16,444.54 .

GDP Share of World Total (PPP) for Turkmenistan in year 2015 is 0.078 %.

Implied PPP Conversion Rate for Turkmenistan in year 2015 is 1.409 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Turkmenistan in year 2015 is 414.616 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Turkmenistan in year 2015 is 5.5 %.

Inflation, End of Year (Indexed to Year 2000) for Turkmenistan in year 2015 is 403.588 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Turkmenistan in year 2015 is 6.5 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Turkmenistan in year 2015 is -20.386 %.

Import Volumes of Goods Only (Percent Change) for Turkmenistan in year 2015 is -15.793 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Turkmenistan in year 2015 is 9.035 %.

Export Volumes of Goods Only (Percent Change) for Turkmenistan in year 2015 is 8.07 %.

Population for Turkmenistan in year 2015 is 5.388 Million .

General government revenue (National Currency) for Turkmenistan in year 2015 is TMM 20.183 Billions.

General government revenue (% of GDP) for Turkmenistan in year 2015 is 16.162 %.

General government total expenditure (National Currency) for Turkmenistan in year 2015 is TMM 20.216 Billions.

General government total expenditure (% of GDP) for Turkmenistan in year 2015 is 16.188 %.

Total Government Net Lending/ Borrowing (National Currency) for Turkmenistan in year 2015 is TMM -0.033 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Turkmenistan in year 2015 is -0.027 %.

Fiscal Year Gross Domestic Product, Current Prices for Turkmenistan in year 2015 is TMM 124.881 Billions.

Current Account Balance (US Dollars) for Turkmenistan in year 2015 is US$ -4.523 Billion.

Current Account Balance (% GDP) for Turkmenistan in year 2015 is -12.677 %.

* Source: IMF
Aggregate Indicators for Turkmenistan
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Turkmenistan
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Turkmenistan
  Natural Resources, Agricultural Products, Land Use and Water Use for Turkmenistan
  Nationality, Ethnic Groups, Languages and Religions for Turkmenistan
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Turkmenistan
  Age Structure, Median Age, Gender and Urbanization for Turkmenistan
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Turkmenistan
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Turkmenistan
  HIV, AIDS and Other Major Infectious Disease Rates for Turkmenistan
  Literacy Rate, Educational Expenditure and School Life Expectancy for Turkmenistan
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Turkmenistan
  Industries and Industrial Growth Production Rate for Turkmenistan
  Labor Force by Occupation for Turkmenistan
  Poverty Line, Gini Index, Household Income and Consumption for Turkmenistan
  National Budget and Public Debt for Turkmenistan
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Turkmenistan
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Turkmenistan
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Turkmenistan
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Turkmenistan
  Foreign Exchange Reserves and Gold Reserves for Turkmenistan
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Turkmenistan
  Exchange Rate Statistics for Turkmenistan
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Turkmenistan
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Turkmenistan
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Turkmenistan
  Television and Radio Statistics (TV Stats, Radio Stats) for Turkmenistan
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Turkmenistan
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Turkmenistan
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Turkmenistan
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Turkmenistan
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Turkmenistan
* Source: CIA
Internet Indicators for Turkmenistan
Indicators
  Number of Internet Users for Turkmenistan
  Internet Penetration Rate for Turkmenistan
  Number of Facebook Accounts for Turkmenistan
  Facebook Penetration Rate for Turkmenistan
* Source: IWS
Economic Freedom Indicators for Turkmenistan
Indicators
  Economic Freedom World Rank for Turkmenistan
  Government Spending for Turkmenistan
  Monetary Freedom for Turkmenistan
  Investment Freedom for Turkmenistan
  Financial Freedom for Turkmenistan
  Property Rights for Turkmenistan
  Economic Freedom Regional Ranking for Turkmenistan
  Freedom from Corruption for Turkmenistan
  Labor Freedom for Turkmenistan
  Tariff Rate for Turkmenistan
  Income Tax Rate for Turkmenistan
  Corporate Tax Rate for Turkmenistan
  Tax Burden % of GDP for Turkmenistan
  Government Expenditure % of GDP for Turkmenistan
  Business Freedom for Turkmenistan
  Trade Freedom for Turkmenistan
  Fiscal Freedom for Turkmenistan
  2016 Score for Turkmenistan
* Source: HFO
Turkmenistan Economic Indicators in other Years
  Turkmenistan Economic Indicators for Year 2021 (Forecast)
  Turkmenistan Economic Indicators for Year 2020 (Forecast)
  Turkmenistan Economic Indicators for Year 2019 (Forecast)
  Turkmenistan Economic Indicators for Year 2018 (Forecast)
  Turkmenistan Economic Indicators for Year 2017 (Forecast)
  Turkmenistan Economic Indicators for Year 2016 (Forecast)
Turkmenistan Economic Indicators for Year 2015 (Current)
  Turkmenistan Economic Indicators for Year 2014
  Turkmenistan Economic Indicators for Year 2013
  Turkmenistan Economic Indicators for Year 2012
  Turkmenistan Economic Indicators for Year 2011
  Turkmenistan Economic Indicators for Year 2010
  Turkmenistan Economic Indicators for Year 2009
  Turkmenistan Economic Indicators for Year 2008
  Turkmenistan Economic Indicators for Year 2007
  Turkmenistan Economic Indicators for Year 2006
  Turkmenistan Economic Indicators for Year 2005
  Turkmenistan Economic Indicators for Year 2004
  Turkmenistan Economic Indicators for Year 2003
  Turkmenistan Economic Indicators for Year 2002
  Turkmenistan Economic Indicators for Year 2001
  Turkmenistan Economic Indicators for Year 2000
  Turkmenistan Economic Indicators for Year 1999
  Turkmenistan Economic Indicators for Year 1998
  Turkmenistan Economic Indicators for Year 1997
  Turkmenistan Economic Indicators for Year 1996
  Turkmenistan Economic Indicators for Year 1995
  Turkmenistan Economic Indicators for Year 1994
  Turkmenistan Economic Indicators for Year 1993
  Turkmenistan Economic Indicators for Year 1992
  Turkmenistan Economic Indicators for Year 1991
  Turkmenistan Economic Indicators for Year 1990
  Turkmenistan Economic Indicators for Year 1989
  Turkmenistan Economic Indicators for Year 1988
  Turkmenistan Economic Indicators for Year 1987
  Turkmenistan Economic Indicators for Year 1986
  Turkmenistan Economic Indicators for Year 1985
  Turkmenistan Economic Indicators for Year 1984
  Turkmenistan Economic Indicators for Year 1983
  Turkmenistan Economic Indicators for Year 1982
  Turkmenistan Economic Indicators for Year 1981
  Turkmenistan Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International