External balance on goods and services as a percent of GDP in Turkmenistan
Turkmenistan: External balance on goods and services as a percent of GDP was 0.8% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Turkmenistan, 1991–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Turkmenistan is 0.8%, measured in 2025.
That represents a change of down 87.9% on the previous year and up 114.7% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Turkmenistan peaked at 28.9% in 1992 and was at its lowest, -36.9%, in 1998.
That places Turkmenistan 73rd out of 191 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Turkmenistan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 11.9% | — |
| 1992 | 28.9% | +143.9% |
| 1993 | 23.3% | -19.4% |
| 1994 | -0.3% | -101.5% |
| 1995 | -0.2% | -32.8% |
| 1996 | -3.4% | +1335.7% |
| 1997 | -25.7% | +664.6% |
| 1998 | -36.9% | +43.7% |
| 1999 | -19.1% | -48.1% |
| 2000 | 6.9% | -136.0% |
| 2001 | 1.0% | -85.5% |
| 2002 | 7.1% | +612.8% |
| 2003 | 2.0% | -71.7% |
| 2004 | 0.1% | -96.6% |
| 2005 | 7.4% | +10827.7% |
| 2006 | 17.8% | +140.3% |
| 2007 | 17.3% | -2.9% |
| 2008 | 20.0% | +15.9% |
| 2009 | -10.8% | -153.9% |
| 2010 | 8.0% | -174.4% |
| 2011 | 22.6% | +182.2% |
| 2012 | 20.4% | -9.8% |
| 2013 | 8.7% | -57.6% |
| 2014 | 8.9% | +2.4% |
| 2015 | -5.3% | -159.4% |
| 2016 | -14.6% | +176.3% |
| 2017 | -6.3% | -56.6% |
| 2018 | 15.5% | -345.2% |
| 2019 | 11.7% | -24.5% |
| 2020 | 3.9% | -66.9% |
| 2021 | 8.1% | +110.0% |
| 2022 | 12.5% | +53.9% |
| 2023 | 9.2% | -26.9% |
| 2024 | 6.4% | -30.1% |
| 2025 | 0.8% | -87.9% |
Turkmenistan compared with similar countries
- Turkmenistan's 0.8% is above the median for upper middle income countries, which is -4.0%. (52 countries reporting)
- Turkmenistan's 0.8% is above the median for Europe & Central Asia, which is 0.8%, 1.0× the median. (51 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of 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 |
|---|---|---|---|
| 2005 | +10827.7% | 0.1% | 7.4% |
| 1996 | -1335.7% | -0.2% | -3.4% |
| 1997 | -664.6% | -3.4% | -25.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.4% | -36.9% | 28.9% | 9 |
| 2000s | 6.9% | -10.8% | 20.0% | 10 |
| 2010s | 7.0% | -14.6% | 22.6% | 10 |
| 2020s | 6.8% | 0.8% | 12.5% | 6 |
Countries ranked near Turkmenistan
More economy & growth data for Turkmenistan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.23 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.25 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 19.33 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0372 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 219.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.96 % change on previous year (1999)
- Total reserves (includes gold, current US$), per unit of GDP 0.6174 includes gold, current US$ per US$ of GDP (1999)
- Total reserves (includes gold, current US$), per capita 336.81 includes gold, current US$ per person (1999)
- Total reserves minus gold (current US$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Turkmenistan?
- External balance on goods and services as a percent of gdp in Turkmenistan was 0.8% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Turkmenistan?
- The highest recorded value was 28.9% in 1992.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Turkmenistan?
- The lowest recorded value was -36.9% in 1998.
- How does Turkmenistan rank for external balance on goods and services as a percent of gdp?
- Turkmenistan ranks 73rd out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Turkmenistan?
- Over the last ten years it is up 114.7%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.