Turkmenistan: Economy

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) Source: The World Bank

GDP, PPP (current international) $82,121,218,423 (2014)
GDP Growth Rate (annual %) 10.3% (2014)
GDP Per Capita, PPP (current international) $15,474 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 85/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) $501,854,000 (2013)
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 43.48% (2012)
Current Account Balance (BoP, current US$) ($580,180,000) (1997)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 2,348,403 (2014)
Employment in Agriculture (% of total employment) Data unavailable
Employment in Industry (% of total employment) Data unavailable
Employment in Services (% of total employment) Data unavailable
Unemployment Rate 10.5% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $15,610,514,804 (2012)
Exports of goods and services (current US$) $25,760,632,125 (2012)
Total Merchandise Trade (% of GDP) 57.999% (2014)
FDI, net inflows (BoP, current US$) $3,163,500,000 (2014)
Commercial Service Exports (current US$) $268,640,000 (1997)
Click on a row to display its 5-year graph on the right.

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

Glossary