Gross capital formation (constant LCU), per unit of GDP in Turkmenistan
Turkmenistan: Gross capital formation (constant LCU), per unit of GDP was 0.3776 constant LCU per US$ of GDP in 2006. ▼ Falling
Gross capital formation (constant LCU), per unit of GDP in Turkmenistan, 1987–2006
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Turkmenistan recorded 0.3776 constant LCU per US$ of GDP for gross capital formation (constant lcu), per unit of gdp in 2006. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 25.3% on the previous year and down 57.3% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Turkmenistan peaked at 1.93 constant LCU per US$ of GDP in 1987 and was at its lowest, 0.3776 constant LCU per US$ of GDP, in 2006.
That places Turkmenistan 110th out of 170 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Gross capital formation (constant LCU), per unit of GDP in Turkmenistan, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1987 | 1.93 constant LCU per US$ of GDP | — |
| 1988 | 1.39 constant LCU per US$ of GDP | -27.7% |
| 1989 | 1.43 constant LCU per US$ of GDP | +2.5% |
| 1990 | 1.44 constant LCU per US$ of GDP | +0.9% |
| 1991 | 0.4987 constant LCU per US$ of GDP | -65.4% |
| 1997 | 0.8848 constant LCU per US$ of GDP | +77.4% |
| 1998 | 1.04 constant LCU per US$ of GDP | +18.0% |
| 1999 | 1.13 constant LCU per US$ of GDP | +8.0% |
| 2000 | 0.9878 constant LCU per US$ of GDP | -12.4% |
| 2001 | 0.8923 constant LCU per US$ of GDP | -9.7% |
| 2002 | 0.7114 constant LCU per US$ of GDP | -20.3% |
| 2003 | 0.5735 constant LCU per US$ of GDP | -19.4% |
| 2004 | 0.5329 constant LCU per US$ of GDP | -7.1% |
| 2005 | 0.5051 constant LCU per US$ of GDP | -5.2% |
| 2006 | 0.3776 constant LCU per US$ of GDP | -25.3% |
Turkmenistan compared with similar countries
- Turkmenistan's 0.3776 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 3.07 constant LCU per US$ of GDP, 12% of the median. (47 countries reporting)
- Turkmenistan's 0.3776 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.1754 constant LCU per US$ of GDP, 2.2× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.59 constant LCU per US$ of GDP | 1.39 constant LCU per US$ of GDP | 1.93 constant LCU per US$ of GDP | 3 |
| 1990s | 0.9994 constant LCU per US$ of GDP | 0.4987 constant LCU per US$ of GDP | 1.44 constant LCU per US$ of GDP | 5 |
| 2000s | 0.6544 constant LCU per US$ of GDP | 0.3776 constant LCU per US$ of GDP | 0.9878 constant LCU per US$ of GDP | 7 |
Countries ranked near Turkmenistan
- 107 Georgia 0.4259 constant LCU per US$ of GDP
- 108 Bosnia and Herzegovina 0.3911 constant LCU per US$ of GDP compare
- 109 Ghana 0.3823 constant LCU per US$ of GDP
- 111 Kiribati 0.3712 constant LCU per US$ of GDP
- 112 Romania 0.3591 constant LCU per US$ of GDP compare
- 113 Brunei 0.3463 constant LCU per US$ of GDP 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$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Turkmenistan?
- Gross capital formation (constant lcu), per unit of gdp in Turkmenistan was 0.3776 constant LCU per US$ of GDP in 2006, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Turkmenistan?
- The highest recorded value was 1.93 constant LCU per US$ of GDP in 1987.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Turkmenistan?
- The lowest recorded value was 0.3776 constant LCU per US$ of GDP in 2006.
- How does Turkmenistan rank for gross capital formation (constant lcu), per unit of gdp?
- Turkmenistan ranks 110th out of 170 countries with data for 2006.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Turkmenistan?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is falling.
- Where does this Turkmenistan data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.