Gross domestic product (GDP), annual growth rate in Turkmenistan
Turkmenistan: Gross domestic product (GDP), annual growth rate was 5.78 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Turkmenistan, 2000–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Turkmenistan is 5.78 % change on previous year, measured in 2023.
That represents a change of down 11.8% on the previous year and up 144.8% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Turkmenistan peaked at 50 % change on previous year in 2009 and was at its lowest, -4.83 % change on previous year, in 2001.
Turkmenistan ranks 37th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Turkmenistan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2000 | 8.96 % change on previous year | — |
| 2001 | -4.83 % change on previous year | -153.9% |
| 2002 | 4.32 % change on previous year | -189.5% |
| 2003 | 6.61 % change on previous year | +53.1% |
| 2004 | 5.65 % change on previous year | -14.5% |
| 2005 | 18.69 % change on previous year | +230.8% |
| 2006 | 7.14 % change on previous year | -61.8% |
| 2007 | 7.62 % change on previous year | +6.7% |
| 2008 | 5.36 % change on previous year | -29.7% |
| 2009 | 50 % change on previous year | +832.8% |
| 2010 | 11.99 % change on previous year | -76.0% |
| 2011 | 0.318 % change on previous year | -97.3% |
| 2012 | 2.34 % change on previous year | +635.6% |
| 2013 | 2.36 % change on previous year | +0.9% |
| 2014 | 1.35 % change on previous year | -43.0% |
| 2015 | -0.1176 % change on previous year | -108.7% |
| 2016 | 0.4759 % change on previous year | -504.8% |
| 2017 | 5.45 % change on previous year | +1044.7% |
| 2018 | 6.4 % change on previous year | +17.5% |
| 2019 | 6.12 % change on previous year | -4.4% |
| 2020 | 5.71 % change on previous year | -6.7% |
| 2021 | 7.2 % change on previous year | +26.2% |
| 2022 | 6.55 % change on previous year | -9.0% |
| 2023 | 5.78 % change on previous year | -11.8% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2017 | +1044.7% | 0.4759 % change on previous year | 5.45 % change on previous year |
| 2009 | +832.8% | 5.36 % change on previous year | 50 % change on previous year |
| 2012 | +635.6% | 0.318 % change on previous year | 2.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.95 % change on previous year | -4.83 % change on previous year | 50 % change on previous year | 10 |
| 2010s | 3.67 % change on previous year | -0.1176 % change on previous year | 11.99 % change on previous year | 10 |
| 2020s | 6.31 % change on previous year | 5.71 % change on previous year | 7.2 % change on previous year | 4 |
Countries ranked near Turkmenistan
- 34 Iceland 5.94 % change on previous year compare
- 35 Ethiopia 5.92 % change on previous year compare
- 36 Democratic Republic of Congo 5.83 % change on previous year compare
- 38 Niger 5.76 % change on previous year compare
- 39 Cayman Islands 5.58 % change on previous year compare
- 40 Uganda 5.53 % change on previous year 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), annual growth rate in Turkmenistan?
- Gross domestic product (gdp), annual growth rate in Turkmenistan was 5.78 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Turkmenistan?
- The highest recorded value was 50 % change on previous year in 2009.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Turkmenistan?
- The lowest recorded value was -4.83 % change on previous year in 2001.
- How does Turkmenistan rank for gross domestic product (gdp), annual growth rate?
- Turkmenistan ranks 37th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Turkmenistan?
- Over the last ten years it is up 144.8%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.