Gross Domestic Product — Value Standard Local Currency, annual growth in Turkmenistan
Turkmenistan: Gross Domestic Product — Value Standard Local Currency, annual growth was 5.96 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Turkmenistan, 1994–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in Turkmenistan is 5.96 % change on previous year, measured in 2024.
The figure is up 0.7% on the previous year and down 46.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Turkmenistan peaked at 769.81 % change on previous year in 1994 and was at its lowest, 1.01 % change on previous year, in 2015.
That places Turkmenistan 132nd out of 218 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 — Value Standard Local Currency, annual growth in Turkmenistan, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | 769.81 % change on previous year | — |
| 1995 | 648.29 % change on previous year | -15.8% |
| 1997 | 43.31 % change on previous year | -93.3% |
| 1998 | 25.98 % change on previous year | -40.0% |
| 1999 | 43.31 % change on previous year | +66.7% |
| 2000 | 27.88 % change on previous year | -35.6% |
| 2001 | 36.93 % change on previous year | +32.4% |
| 2002 | 28.82 % change on previous year | -22.0% |
| 2003 | 31.31 % change on previous year | +8.7% |
| 2004 | 24.26 % change on previous year | -22.5% |
| 2005 | 20.97 % change on previous year | -13.6% |
| 2006 | 24.57 % change on previous year | +17.1% |
| 2007 | 21.36 % change on previous year | -13.1% |
| 2008 | 83.22 % change on previous year | +289.7% |
| 2009 | 16.46 % change on previous year | -80.2% |
| 2010 | 11.72 % change on previous year | -28.8% |
| 2011 | 29.45 % change on previous year | +151.3% |
| 2012 | 20.29 % change on previous year | -31.1% |
| 2013 | 11.47 % change on previous year | -43.5% |
| 2014 | 11.04 % change on previous year | -3.8% |
| 2015 | 1.01 % change on previous year | -90.8% |
| 2016 | 1.03 % change on previous year | +2.1% |
| 2017 | 4.86 % change on previous year | +370.3% |
| 2018 | 7.49 % change on previous year | +54.1% |
| 2019 | 10.96 % change on previous year | +46.4% |
| 2020 | 1.29 % change on previous year | -88.2% |
| 2021 | 9.14 % change on previous year | +606.8% |
| 2022 | 13.07 % change on previous year | +42.9% |
| 2023 | 5.92 % change on previous year | -54.7% |
| 2024 | 5.96 % change on previous year | +0.7% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2021 | +606.8% | 1.29 % change on previous year | 9.14 % change on previous year |
| 2017 | +370.3% | 1.03 % change on previous year | 4.86 % change on previous year |
| 2008 | +289.7% | 21.36 % change on previous year | 83.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 306.14 % change on previous year | 25.98 % change on previous year | 769.81 % change on previous year | 5 |
| 2000s | 31.58 % change on previous year | 16.46 % change on previous year | 83.22 % change on previous year | 10 |
| 2010s | 10.93 % change on previous year | 1.01 % change on previous year | 29.45 % change on previous year | 10 |
| 2020s | 7.08 % change on previous year | 1.29 % change on previous year | 13.07 % change on previous year | 5 |
Countries ranked near Turkmenistan
- 129 Micronesia (Federated States of) 6.2 % change on previous year compare
- 130 Republic of Korea 6.16 % change on previous year compare
- 131 Indonesia 5.97 % change on previous year compare
- 133 Cayman Islands 5.95 % change on previous year compare
- 134 Malaysia 5.94 % change on previous year compare
- 135 Maldives 5.85 % 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, annual growth in Turkmenistan?
- Gross domestic product — value standard local currency, annual growth in Turkmenistan was 5.96 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Turkmenistan?
- The highest recorded value was 769.81 % change on previous year in 1994.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Turkmenistan?
- The lowest recorded value was 1.01 % change on previous year in 2015.
- How does Turkmenistan rank for gross domestic product — value standard local currency, annual growth?
- Turkmenistan ranks 132nd out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Turkmenistan?
- Over the last ten years it is down 46.0%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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 — Value Standard Local Currency. 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 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.