Gross fixed capital formation (current US$) in Turkmenistan
Turkmenistan: Gross fixed capital formation (current US$) was 8.24 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Turkmenistan, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Turkmenistan is 8.24 billion current US$, measured in 2025.
The figure is up 5.6% on the previous year and down 51.3% over ten years.
Over the whole period, gross fixed capital formation in Turkmenistan peaked at 19.29 billion current US$ in 2014 and was at its lowest, 947.72 million current US$, in 1997.
Turkmenistan ranks 100th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Turkmenistan, year by year
| Year | current US$ | Change |
|---|---|---|
| 1993 | 1.11 billion current US$ | — |
| 1996 | 982.23 million current US$ | -11.3% |
| 1997 | 947.72 million current US$ | -3.5% |
| 1998 | 1.19 billion current US$ | +25.1% |
| 1999 | 972.16 million current US$ | -18.0% |
| 2000 | 1.01 billion current US$ | +3.8% |
| 2001 | 1.12 billion current US$ | +11.1% |
| 2002 | 1.23 billion current US$ | +9.7% |
| 2003 | 1.52 billion current US$ | +23.6% |
| 2004 | 1.58 billion current US$ | +3.8% |
| 2005 | 1.86 billion current US$ | +17.8% |
| 2006 | 2.00 billion current US$ | +7.9% |
| 2007 | 2.36 billion current US$ | +17.5% |
| 2008 | 6.11 billion current US$ | +159.4% |
| 2009 | 9.42 billion current US$ | +54.2% |
| 2010 | 10.22 billion current US$ | +8.5% |
| 2011 | 12.98 billion current US$ | +27.0% |
| 2012 | 16.98 billion current US$ | +30.9% |
| 2013 | 18.19 billion current US$ | +7.1% |
| 2014 | 19.29 billion current US$ | +6.1% |
| 2015 | 16.93 billion current US$ | -12.3% |
| 2016 | 15.65 billion current US$ | -7.6% |
| 2017 | 13.62 billion current US$ | -12.9% |
| 2018 | 7.36 billion current US$ | -46.0% |
| 2019 | 6.75 billion current US$ | -8.2% |
| 2020 | 6.16 billion current US$ | -8.7% |
| 2021 | 4.82 billion current US$ | -21.8% |
| 2022 | 6.66 billion current US$ | +38.3% |
| 2023 | 7.16 billion current US$ | +7.5% |
| 2024 | 7.80 billion current US$ | +8.9% |
| 2025 | 8.24 billion current US$ | +5.6% |
Turkmenistan compared with similar countries
- Turkmenistan's 8.24 billion current US$ is below the median for upper middle income countries, which is 10.71 billion current US$, 77% of the median. (51 countries reporting)
- Turkmenistan's 8.24 billion current US$ is below the median for Europe & Central Asia, which is 31.73 billion current US$, 26% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current US$) 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 |
|---|---|---|---|
| 2008 | +159.4% | 2.36 billion current US$ | 6.11 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.04 billion current US$ | 947.72 million current US$ | 1.19 billion current US$ | 5 |
| 2000s | 2.82 billion current US$ | 1.01 billion current US$ | 9.42 billion current US$ | 10 |
| 2010s | 13.80 billion current US$ | 6.75 billion current US$ | 19.29 billion current US$ | 10 |
| 2020s | 6.81 billion current US$ | 4.82 billion current US$ | 8.24 billion current US$ | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 46.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0365 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0052 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 33.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0054 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Turkmenistan?
- Gross fixed capital formation in Turkmenistan was 8.24 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Turkmenistan?
- The highest recorded value was 19.29 billion current US$ in 2014.
- What is the lowest gross fixed capital formation recorded in Turkmenistan?
- The lowest recorded value was 947.72 million current US$ in 1997.
- How does Turkmenistan rank for gross fixed capital formation?
- Turkmenistan ranks 100th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Turkmenistan?
- Over the last ten years it is down 51.3%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.