Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Turkmenistan
Turkmenistan: Gross Domestic Product — Annual growth Standard Local Currency, 2015 was 2.26 % in 2024. ◆ Volatile
Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Turkmenistan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross domestic product — annual growth standard local currency, 2015 in Turkmenistan stood at 2.26 %.
Compared with earlier readings it is down 64.1% on the previous year and down 41.1% over ten years.
Over the whole period, gross domestic product — annual growth standard local currency, 2015 in Turkmenistan peaked at 16.5 % in 1999 and was at its lowest, -17.3 %, in 1994.
That places Turkmenistan 129th out of 194 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.
Gross Domestic Product — Annual growth Standard Local Currency, 2015 in Turkmenistan, year by year
| Year | % | Change |
|---|---|---|
| 1991 | -4.61 % | — |
| 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 % | +1171.7% |
| 2004 | 5 % | +52.9% |
| 2005 | 13.03 % | +160.7% |
| 2006 | 10.97 % | -15.8% |
| 2007 | 11.06 % | +0.8% |
| 2008 | 14.75 % | +33.4% |
| 2009 | 6.13 % | -58.4% |
| 2010 | 16.19 % | +164.0% |
| 2011 | 12.85 % | -20.6% |
| 2012 | 6.13 % | -52.3% |
| 2013 | -0.3374 % | -105.5% |
| 2014 | 3.84 % | -1238.5% |
| 2015 | 2.99 % | -22.3% |
| 2016 | -0.9767 % | -132.7% |
| 2017 | 6.5 % | -765.5% |
| 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 | 2.26 % | -64.1% |
Turkmenistan compared with similar countries
- Turkmenistan's 2.26 % is below the median for upper middle income countries, which is 3.3 %, 69% of the median. (51 countries reporting)
- Turkmenistan's 2.26 % is below the median for Europe & Central Asia, which is 2.57 %, 88% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Annual growth Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1994 | -1253.3% | 1.5 % | -17.3 % |
| 2014 | +1238.5% | -0.3374 % | 3.84 % |
| 2003 | +1171.7% | 0.2572 % | 3.27 % |
| 2017 | +765.5% | -0.9767 % | 6.5 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.63 % | -17.3 % | 16.5 % | 9 |
| 2000s | 7.43 % | 0.2572 % | 14.75 % | 10 |
| 2010s | 5.97 % | -0.9767 % | 16.19 % | 10 |
| 2020s | 5.37 % | 2.26 % | 6.3 % | 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 gross domestic product — annual growth standard local currency, 2015 in Turkmenistan?
- Gross domestic product — annual growth standard local currency, 2015 in Turkmenistan was 2.26 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — annual growth standard local currency, 2015 recorded in Turkmenistan?
- The highest recorded value was 16.5 % in 1999.
- What is the lowest gross domestic product — annual growth standard local currency, 2015 recorded in Turkmenistan?
- The lowest recorded value was -17.3 % in 1994.
- How does Turkmenistan rank for gross domestic product — annual growth standard local currency, 2015?
- Turkmenistan ranks 129th out of 194 countries with data for 2024.
- Is gross domestic product — annual growth standard local currency, 2015 rising or falling in Turkmenistan?
- Over the last ten years it is down 41.1%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).