Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkmenistan
Turkmenistan: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 2.26 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Turkmenistan, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Turkmenistan stood at 2.26 % change on previous year.
That represents a change of down 64.1% on the previous year and down 41.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Turkmenistan peaked at 16.5 % change on previous year in 1999 and was at its lowest, -17.3 % change on previous year, in 1994.
Turkmenistan ranks 144th of 223 countries on this measure, 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 — Value Standard Local Currency, 2015 prices in Turkmenistan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -14.97 % change on previous year | — |
| 1993 | 1.5 % change on previous year | -110.0% |
| 1994 | -17.3 % change on previous year | -1253.4% |
| 1995 | -7.2 % change on previous year | -58.4% |
| 1996 | 6.7 % change on previous year | -193.1% |
| 1997 | -11.4 % change on previous year | -270.1% |
| 1998 | 7.1 % change on previous year | -162.3% |
| 1999 | 16.5 % change on previous year | +132.4% |
| 2000 | 5.47 % change on previous year | -66.9% |
| 2001 | 4.34 % change on previous year | -20.6% |
| 2002 | 0.2572 % change on previous year | -94.1% |
| 2003 | 3.27 % change on previous year | +1171.6% |
| 2004 | 5 % change on previous year | +52.9% |
| 2005 | 13.03 % change on previous year | +160.7% |
| 2006 | 10.97 % change on previous year | -15.8% |
| 2007 | 11.06 % change on previous year | +0.8% |
| 2008 | 14.75 % change on previous year | +33.4% |
| 2009 | 6.13 % change on previous year | -58.4% |
| 2010 | 16.19 % change on previous year | +164.0% |
| 2011 | 12.85 % change on previous year | -20.6% |
| 2012 | 6.13 % change on previous year | -52.3% |
| 2013 | -0.3368 % change on previous year | -105.5% |
| 2014 | 3.84 % change on previous year | -1240.5% |
| 2015 | 2.99 % change on previous year | -22.3% |
| 2016 | -0.9769 % change on previous year | -132.7% |
| 2017 | 6.5 % change on previous year | -765.4% |
| 2018 | 6.2 % change on previous year | -4.6% |
| 2019 | 6.3 % change on previous year | +1.6% |
| 2020 | 5.9 % change on previous year | -6.3% |
| 2021 | 6.2 % change on previous year | +5.1% |
| 2022 | 6.2 % change on previous year | +0.0% |
| 2023 | 6.3 % change on previous year | +1.6% |
| 2024 | 2.26 % change on previous year | -64.1% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 | -1253.4% | 1.5 % change on previous year | -17.3 % change on previous year |
| 2014 | +1240.5% | -0.3368 % change on previous year | 3.84 % change on previous year |
| 2003 | +1171.6% | 0.2572 % change on previous year | 3.27 % change on previous year |
| 2017 | +765.4% | -0.9769 % change on previous year | 6.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.38 % change on previous year | -17.3 % change on previous year | 16.5 % change on previous year | 8 |
| 2000s | 7.43 % change on previous year | 0.2572 % change on previous year | 14.75 % change on previous year | 10 |
| 2010s | 5.97 % change on previous year | -0.9769 % change on previous year | 16.19 % change on previous year | 10 |
| 2020s | 5.37 % change on previous year | 2.26 % change on previous year | 6.3 % change on previous year | 5 |
Countries ranked near Turkmenistan
- 141 Bosnia and Herzegovina 2.48 % change on previous year compare
- 142 Egypt 2.4 % change on previous year compare
- 143 Greece 2.27 % change on previous year compare
- 145 Syria 2.23 % change on previous year compare
- 145 Syrian Arab Republic 2.23 % change on previous year compare
- 147 Bermuda 2.11 % 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 — value standard local currency, 2015 prices in Turkmenistan?
- Gross domestic product — value standard local currency, 2015 prices in Turkmenistan was 2.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Turkmenistan?
- The highest recorded value was 16.5 % change on previous year in 1999.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Turkmenistan?
- The lowest recorded value was -17.3 % change on previous year in 1994.
- How does Turkmenistan rank for gross domestic product — value standard local currency, 2015 prices?
- Turkmenistan ranks 144th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices 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 Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.