Gross domestic savings in Turkmenistan
Turkmenistan: Gross domestic savings was 79.0% in 2012. ◆ Volatile
Gross domestic savings in Turkmenistan, 1987–2012
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2012, gross domestic savings in Turkmenistan stood at 79.0%.
The figure is down 7.7% on the previous year and up 90.9% over ten years.
Over the whole period, gross domestic savings in Turkmenistan peaked at 87.8% in 2010 and was at its lowest, 4.5%, in 1998.
Turkmenistan ranks 1st of 188 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Turkmenistan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 28.0% | — |
| 1988 | 29.6% | +5.8% |
| 1989 | 25.0% | -15.6% |
| 1990 | 26.7% | +6.7% |
| 1991 | 33.9% | +27.1% |
| 1993 | 56.5% | +66.6% |
| 1997 | 8.1% | -85.6% |
| 1998 | 4.5% | -44.8% |
| 1999 | 8.8% | +96.0% |
| 2000 | 45.0% | +412.4% |
| 2001 | 33.0% | -26.7% |
| 2002 | 41.4% | +25.4% |
| 2003 | 29.2% | -29.5% |
| 2004 | 24.0% | -17.9% |
| 2005 | 38.8% | +61.8% |
| 2006 | 56.0% | +44.5% |
| 2007 | 54.1% | -3.5% |
| 2008 | 55.7% | +3.0% |
| 2009 | 78.3% | +40.7% |
| 2010 | 87.8% | +12.2% |
| 2011 | 85.6% | -2.6% |
| 2012 | 79.0% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.5% | 25.0% | 29.6% | 3 |
| 1990s | 23.1% | 4.5% | 56.5% | 6 |
| 2000s | 45.5% | 24.0% | 78.3% | 10 |
| 2010s | 84.1% | 79.0% | 87.8% | 3 |
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 savings in Turkmenistan?
- Gross domestic savings in Turkmenistan was 79.0% in 2012, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Turkmenistan?
- The highest recorded value was 87.8% in 2010.
- What is the lowest gross domestic savings recorded in Turkmenistan?
- The lowest recorded value was 4.5% in 1998.
- How does Turkmenistan rank for gross domestic savings?
- Turkmenistan ranks 1st out of 188 countries with data for 2012.
- Is gross domestic savings rising or falling in Turkmenistan?
- Over the last ten years it is up 90.9%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.