Turkmenistan: economy

What is Turkmenistan's GDP growth rate?

Turkmenistan's real GDP grew 3.6% in 2025, according to the IMF World Economic Outlook database. The IMF projects growth of 2.4% in 2026, after 3.4% in 2024 and 4.3% in 2023.

No national GDP or quarterly growth figures could be read on the sites of the State Committee of Turkmenistan on Statistics and the Central Bank of Turkmenistan on 15 October 2026, so the IMF series is used here. The IMF's figures for the most recent years are estimates and are revised in each edition of the database.

Official sources: IMF World Economic Outlook database

What is the inflation rate in Turkmenistan?

Average consumer price inflation in Turkmenistan was 2.7% in 2025, according to the IMF World Economic Outlook database. The IMF projects 5.6% for 2026. Prices rose 4.6% in 2024 and fell 1.6% in 2023, after a rise of 11.2% in 2022.

No monthly consumer price index was found on the site of the State Committee of Turkmenistan on Statistics, checked on 15 October 2026. The IMF figures are annual averages and, for the latest years, estimates or projections.

Official sources: IMF World Economic Outlook database

What is GDP per person in Turkmenistan?

GDP per person in Turkmenistan was US$6,540 in 2025 in current dollars, according to the World Bank. It was US$5,904 in 2024, US$5,298 in 2023 and US$3,935 in 2020.

The figure divides GDP, converted to US dollars at the official exchange rate, by the population, which the World Bank put at 7,618,847 in 2025. Because it is in current dollars, it moves with prices and the exchange rate as well as with output. The 2022 census counted 7,057,841 people, fewer than the World Bank's estimate for that year, so per-person figures depend on which population is used.

Official sources: World Bank

How fast is output per worker growing in Turkmenistan?

Real GDP per employed person in Turkmenistan was 104.8% of its previous-year level in 2025, a rise of 4.8%, according to the TurkmenStat SDG platform (indicator 8.2.1). The 2025 value is marked with an asterisk in the published series. The rise was 3.8% in 2024 and 8.7% in 2023.

The platform publishes this indicator as a percentage of the year before, so 100 would mean no change. Between 2015 and 2025 the yearly figure ranged from 102.9 in 2022 to 108.7 in 2023. It measures output per worker after removing price changes, so it shows productivity rather than total growth.

Official sources: TurkmenStat SDG platform

How big is manufacturing in Turkmenistan's economy?

Manufacturing value added was 17.7% of Turkmenistan's GDP in 2025, according to the TurkmenStat SDG platform (indicator 9.2.1). The 2025 value is marked with an asterisk in the published series. The share was 17.8% in 2024, 16.9% in 2023 and 14.3% in 2022.

The series has moved between 12.5% (2018) and 18.5% (2016) since 2015. Manufacturing is one part of industry; the figure leaves out mining and gas extraction. The same platform reports that manufacturing employed 12.5% of all workers in 2025 (indicator 9.2.2).

Official sources: TurkmenStat SDG platform · indicator 9.2.2

How much foreign direct investment does Turkmenistan receive?

Foreign direct investment equalled 2.0% of Turkmenistan's GDP in 2025, according to the TurkmenStat SDG platform (indicator 17.3.1, national series). The 2025 value is marked with an asterisk in the published series. The ratio was 2.1% in 2024, 1.9% in 2023 and 2.1% in 2021 and 2022.

Foreign direct investment covers money that foreign companies put into businesses in the country, such as new plants or stakes in local firms. The platform gives the figure as a share of GDP, so it can rise or fall with the size of the economy as well as with investment itself.

Official sources: TurkmenStat SDG platform

How much of Turkmenistan's economy comes from exports?

Exports of goods and services were 14.5% of Turkmenistan's GDP in 2025, according to the World Bank. The share was 17.6% in 2024, 21.7% in 2023 and 25.2% in 2022.

The ratio compares the value of everything sold abroad with the size of the whole economy. It falls when export earnings drop or when the rest of the economy grows faster than exports. It has roughly fallen by 10 percentage points since 2022. No national trade statistics could be read on official Turkmen sites on 15 October 2026.

Official sources: World Bank

What is Turkmenistan's economic growth rate?

In 2025, real GDP growth in Turkmenistan was 6.3%, according to the World Bank. The peak was 14.7% in 2011 and the low 5.9% in 2020. It is 8th highest of 49 in Europe & Central Asia, where the median is 2.1%. Worldwide: 28th of 180.

What is Turkmenistan's GDP per person?

$6,540: that is GDP per person in Turkmenistan for 2025, according to the World Bank. The peak was $7,164 in 2014 and the low $1,604 in 2005. It is 45th highest of 49 in Europe & Central Asia, where the median is $28,420. World rank, highest first: 101st of 180.

What is Turkmenistan's GDP per person adjusted for prices?

The latest figure from the World Bank, for 2025, is $22,602 in international dollars. That is the highest since at least 2005. Across Europe & Central Asia the middle value was $50,946 in international dollars, and Turkmenistan placed 44th highest of 49. Worldwide: 84th of 179.

How big are Turkmenistan's exports?

In 2025, exports of goods and services in Turkmenistan was 14.5% of GDP, according to the World Bank. It is the bottom of the series, which starts in 2005. Europe & Central Asia median: 47.7% of GDP; Turkmenistan is 46th highest of 46. World rank, highest first: 121st of 133.

How much foreign direct investment goes into Turkmenistan?

According to the IMF, net inflows of foreign direct investment in Turkmenistan was 1.4% of GDP in 2025. That is the lowest since at least 2005. Across Europe & Central Asia the middle value was 1.9% of GDP, and Turkmenistan placed 29th highest of 49. World rank, highest first: 110th of 179.