GDP growth in Turkmenistan
Turkmenistan: GDP growth was 6.3 in 2024. ◆ Volatile
Latest (2024)
6.3
Change on year
down 0.0%
World rank
8th
of 74 countries
All-time high
35.38
in 1990
All-time low
-17.3
in 1994
Years of data
37
1988–2024
GDP growth in Turkmenistan, 1988–2024
Source: UNICEF.
Analysis
The most recent figure for gdp growth in Turkmenistan is 6.3, measured in 2024.
The figure is down 38.8% over ten years.
Over the whole period, gdp growth in Turkmenistan peaked at 35.38 in 1990 and was at its lowest, -17.3, in 1994.
Turkmenistan ranks 8th of 74 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Turkmenistan, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 11.02 | — |
| 1989 | -4.26 | -138.6% |
| 1990 | 35.38 | -931.5% |
| 1991 | -4.61 | -113.0% |
| 1992 | -14.97 | +225.0% |
| 1993 | 1.5 | -110.0% |
| 1994 | -17.3 | -1253.3% |
| 1995 | -7.2 | -58.4% |
| 1996 | 6.7 | -193.1% |
| 1997 | -11.4 | -270.1% |
| 1998 | 7.1 | -162.3% |
| 1999 | 16.5 | +132.4% |
| 2000 | 5.47 | -66.9% |
| 2001 | 4.34 | -20.6% |
| 2002 | 0.2572 | -94.1% |
| 2003 | 3.27 | +1171.0% |
| 2004 | 5 | +53.0% |
| 2005 | 13.03 | +160.7% |
| 2006 | 10.97 | -15.8% |
| 2007 | 11.06 | +0.8% |
| 2008 | 14.7 | +32.9% |
| 2009 | 6.1 | -58.5% |
| 2010 | 9.2 | +50.8% |
| 2011 | 14.7 | +59.8% |
| 2012 | 11.1 | -24.5% |
| 2013 | 10.2 | -8.1% |
| 2014 | 10.3 | +1.0% |
| 2015 | 6.5 | -36.9% |
| 2016 | 6.2 | -4.6% |
| 2017 | 6.5 | +4.8% |
| 2018 | 6.2 | -4.6% |
| 2019 | 6.3 | +1.6% |
| 2020 | 5.9 | -6.3% |
| 2021 | 6.2 | +5.1% |
| 2022 | 6.2 | +0.0% |
| 2023 | 6.3 | +1.6% |
| 2024 | 6.3 | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.38 | -4.26 | 11.02 | 2 |
| 1990s | 1.17 | -17.3 | 35.38 | 10 |
| 2000s | 7.42 | 0.2572 | 14.7 | 10 |
| 2010s | 8.72 | 6.2 | 14.7 | 10 |
| 2020s | 6.18 | 5.9 | 6.3 | 5 |
Countries ranked near Turkmenistan
- 5 Djibouti 6.98 compare
- 6 Malta 6.8 compare
- 7 Uzbekistan 6.5 compare
- 9 Armenia 5.9 compare
- 10 Kazakhstan 5 compare
- 11 Kosovo (UNSCR 1244) 4.57 compare
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)
- Services, value added (constant LCU), per capita 8,679 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.02 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.73 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9721 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 6,357 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.82 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 5.28 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,562 current LCU per person (2025)
Frequently asked questions
- What is gdp growth in Turkmenistan?
- Gdp growth in Turkmenistan was 6.3 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Turkmenistan?
- The highest recorded value was 35.38 in 1990.
- What is the lowest gdp growth recorded in Turkmenistan?
- The lowest recorded value was -17.3 in 1994.
- How does Turkmenistan rank for gdp growth?
- Turkmenistan ranks 8th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Turkmenistan?
- Over the last ten years it is down 38.8%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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