General government final consumption expenditure in Turkmenistan
Turkmenistan: General government final consumption expenditure was 5.47 billion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in Turkmenistan, 1987–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Turkmenistan recorded 5.47 billion current US$ for general government final consumption expenditure in 2024. That is the highest value across all 37 years on record.
The figure is up 10.0% on the previous year and up 90.7% over ten years.
Over the whole period, general government final consumption expenditure in Turkmenistan peaked at 5.47 billion current US$ in 2024 and was at its lowest, 184.99 million current US$, in 1996.
That places Turkmenistan 102nd out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Turkmenistan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1987 | 466.27 million current US$ | — |
| 1988 | 669.11 million current US$ | +43.5% |
| 1989 | 644.36 million current US$ | -3.7% |
| 1990 | 744.23 million current US$ | +15.5% |
| 1991 | 706.87 million current US$ | -5.0% |
| 1993 | 342.67 million current US$ | -51.5% |
| 1994 | 217.34 million current US$ | -36.6% |
| 1995 | 296.19 million current US$ | +36.3% |
| 1996 | 184.99 million current US$ | -37.5% |
| 1997 | 437.80 million current US$ | +136.7% |
| 1998 | 497.12 million current US$ | +13.5% |
| 1999 | 378.80 million current US$ | -23.8% |
| 2000 | 537.78 million current US$ | +42.0% |
| 2001 | 518.62 million current US$ | -3.6% |
| 2002 | 576.49 million current US$ | +11.2% |
| 2003 | 837.17 million current US$ | +45.2% |
| 2004 | 951.83 million current US$ | +13.7% |
| 2005 | 1.19 billion current US$ | +24.7% |
| 2006 | 1.20 billion current US$ | +1.4% |
| 2007 | 1.25 billion current US$ | +3.7% |
| 2008 | 1.35 billion current US$ | +8.6% |
| 2009 | 1.50 billion current US$ | +11.0% |
| 2010 | 1.61 billion current US$ | +7.0% |
| 2011 | 1.94 billion current US$ | +20.4% |
| 2012 | 2.09 billion current US$ | +7.8% |
| 2013 | 2.38 billion current US$ | +13.8% |
| 2014 | 2.87 billion current US$ | +20.6% |
| 2015 | 3.43 billion current US$ | +19.7% |
| 2016 | 3.00 billion current US$ | -12.6% |
| 2017 | 5.07 billion current US$ | +69.1% |
| 2018 | 3.12 billion current US$ | -38.5% |
| 2019 | 3.68 billion current US$ | +18.0% |
| 2020 | 3.36 billion current US$ | -8.7% |
| 2021 | 3.16 billion current US$ | -5.7% |
| 2022 | 4.34 billion current US$ | +37.2% |
| 2023 | 4.97 billion current US$ | +14.5% |
| 2024 | 5.47 billion current US$ | +10.0% |
Turkmenistan compared with similar countries
- Turkmenistan's 5.47 billion current US$ is below the median for upper middle income countries, which is 9.56 billion current US$, 57% of the median. (52 countries reporting)
- Turkmenistan's 5.47 billion current US$ is below the median for Europe & Central Asia, which is 26.37 billion current US$, 21% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 593.24 million current US$ | 466.27 million current US$ | 669.11 million current US$ | 3 |
| 1990s | 422.89 million current US$ | 184.99 million current US$ | 744.23 million current US$ | 9 |
| 2000s | 991.83 million current US$ | 518.62 million current US$ | 1.50 billion current US$ | 10 |
| 2010s | 2.92 billion current US$ | 1.61 billion current US$ | 5.07 billion current US$ | 10 |
| 2020s | 4.26 billion current US$ | 3.16 billion current US$ | 5.47 billion current US$ | 5 |
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$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is general government final consumption expenditure in Turkmenistan?
- General government final consumption expenditure in Turkmenistan was 5.47 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Turkmenistan?
- The highest recorded value was 5.47 billion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Turkmenistan?
- The lowest recorded value was 184.99 million current US$ in 1996.
- How does Turkmenistan rank for general government final consumption expenditure?
- Turkmenistan ranks 102nd out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Turkmenistan?
- Over the last ten years it is up 90.7%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.