Economic Trivia

One of Turkmenistan's gas fields, the Galkynysh gas field, has the second largest volume of gas in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Natural Gas; Oil; Petroleum Products; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $96,246,606,627 (2019)
GDP Growth Rate (annual %) -3.4% (2020)
GDP Per Capita, PPP (current international) $15,628 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 97/197 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) $4,850,980,367 (2021)
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 43.48% (2012)
Current Account Balance (BoP, current US$) ($580,180,000) (1997)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,047,906 (2022)
Employment in Agriculture (% of total employment) 22.323% (2021)
Employment in Industry (% of total employment) 34.23% (2021)
Employment in Services (% of total employment) 43.447% (2021)
Unemployment Rate 5.019% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $8,301,142,857 (2020)
Exports of goods and services (current US$) $8,164,285,714 (2020)
Total Merchandise Trade (% of GDP) 24.251% (2022)
FDI, net inflows (BoP, current US$) $936,039,710 (2022)
Commercial Service Exports (current US$) $268,640,000 (1997)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Turkmenistan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank