Gross domestic product (GDP) in Turkmenistan
Turkmenistan: Gross domestic product (GDP) was 180.45 billion international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
180.45 billion international-$ in 2021 prices
Change on year
up 5.8%
World rank
78th
of 184 countries
All-time high
180.45 billion international-$ in 2021 prices
in 2023
All-time low
37.62 billion international-$ in 2021 prices
in 1999
Years of data
25
1999–2023
Gross domestic product (GDP) in Turkmenistan, 1999–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Turkmenistan recorded 180.45 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 25 years on record.
That represents a change of up 5.8% on the previous year and up 54.7% over ten years.
Over the whole period, gross domestic product (gdp) in Turkmenistan peaked at 180.45 billion international-$ in 2021 prices in 2023 and was at its lowest, 37.62 billion international-$ in 2021 prices, in 1999.
Turkmenistan ranks 78th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) in Turkmenistan, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1999 | 37.62 billion international-$ in 2021 prices | — |
| 2000 | 40.99 billion international-$ in 2021 prices | +9.0% |
| 2001 | 39.01 billion international-$ in 2021 prices | -4.8% |
| 2002 | 40.69 billion international-$ in 2021 prices | +4.3% |
| 2003 | 43.38 billion international-$ in 2021 prices | +6.6% |
| 2004 | 45.84 billion international-$ in 2021 prices | +5.7% |
| 2005 | 54.40 billion international-$ in 2021 prices | +18.7% |
| 2006 | 58.29 billion international-$ in 2021 prices | +7.1% |
| 2007 | 62.73 billion international-$ in 2021 prices | +7.6% |
| 2008 | 66.09 billion international-$ in 2021 prices | +5.4% |
| 2009 | 99.14 billion international-$ in 2021 prices | +50.0% |
| 2010 | 111.02 billion international-$ in 2021 prices | +12.0% |
| 2011 | 111.37 billion international-$ in 2021 prices | +0.3% |
| 2012 | 113.98 billion international-$ in 2021 prices | +2.3% |
| 2013 | 116.67 billion international-$ in 2021 prices | +2.4% |
| 2014 | 118.24 billion international-$ in 2021 prices | +1.3% |
| 2015 | 118.10 billion international-$ in 2021 prices | -0.1% |
| 2016 | 118.66 billion international-$ in 2021 prices | +0.5% |
| 2017 | 125.13 billion international-$ in 2021 prices | +5.4% |
| 2018 | 133.13 billion international-$ in 2021 prices | +6.4% |
| 2019 | 141.28 billion international-$ in 2021 prices | +6.1% |
| 2020 | 149.34 billion international-$ in 2021 prices | +5.7% |
| 2021 | 160.10 billion international-$ in 2021 prices | +7.2% |
| 2022 | 170.59 billion international-$ in 2021 prices | +6.6% |
| 2023 | 180.45 billion international-$ in 2021 prices | +5.8% |
Turkmenistan compared with similar countries
- Turkmenistan's 180.45 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 1.2× the median. (51 countries reporting)
- Turkmenistan's 180.45 billion international-$ in 2021 prices is below the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 57% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (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 |
|---|---|---|---|
| 2009 | +50.0% | 66.09 billion international-$ in 2021 prices | 99.14 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.62 billion international-$ in 2021 prices | 37.62 billion international-$ in 2021 prices | 37.62 billion international-$ in 2021 prices | 1 |
| 2000s | 55.06 billion international-$ in 2021 prices | 39.01 billion international-$ in 2021 prices | 99.14 billion international-$ in 2021 prices | 10 |
| 2010s | 120.76 billion international-$ in 2021 prices | 111.02 billion international-$ in 2021 prices | 141.28 billion international-$ in 2021 prices | 10 |
| 2020s | 165.12 billion international-$ in 2021 prices | 149.34 billion international-$ in 2021 prices | 180.45 billion international-$ in 2021 prices | 4 |
Countries ranked near Turkmenistan
- 75 Azerbaijan 210.94 billion international-$ in 2021 prices compare
- 76 Bulgaria 191.77 billion international-$ in 2021 prices compare
- 77 Cote d'Ivoire 187.80 billion international-$ in 2021 prices compare
- 79 Slovakia 176.68 billion international-$ in 2021 prices compare
- 80 Syria 168.13 billion international-$ in 2021 prices compare
- 81 Panama 164.68 billion international-$ in 2021 prices 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)
- 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$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is gross domestic product (gdp) in Turkmenistan?
- Gross domestic product (gdp) in Turkmenistan was 180.45 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Turkmenistan?
- The highest recorded value was 180.45 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Turkmenistan?
- The lowest recorded value was 37.62 billion international-$ in 2021 prices in 1999.
- How does Turkmenistan rank for gross domestic product (gdp)?
- Turkmenistan ranks 78th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Turkmenistan?
- Over the last ten years it is up 54.7%. The long-run trend across the full record is rising.
- Where does this Turkmenistan data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.