Gross fixed capital formation, private sector in Turkmenistan
Turkmenistan: Gross fixed capital formation, private sector was 39.24 billion current LCU in 2024. ▲ Rising
Gross fixed capital formation, private sector in Turkmenistan, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation, private sector in Turkmenistan stood at 39.24 billion current LCU.
Compared with earlier readings it is up 6.8% on the previous year and down 13.5% over ten years.
Over the whole period, gross fixed capital formation, private sector in Turkmenistan peaked at 53.01 billion current LCU in 2016 and was at its lowest, 3.92 billion current LCU, in 2005.
Turkmenistan ranks 66th of 105 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Gross fixed capital formation, private sector in Turkmenistan, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 3.92 billion current LCU | — |
| 2006 | 4.15 billion current LCU | +5.7% |
| 2007 | 4.70 billion current LCU | +13.3% |
| 2008 | 14.63 billion current LCU | +211.6% |
| 2009 | 24.49 billion current LCU | +67.3% |
| 2010 | 26.28 billion current LCU | +7.3% |
| 2011 | 32.28 billion current LCU | +22.8% |
| 2012 | 41.84 billion current LCU | +29.6% |
| 2013 | 42.98 billion current LCU | +2.7% |
| 2014 | 45.38 billion current LCU | +5.6% |
| 2015 | 49.55 billion current LCU | +9.2% |
| 2016 | 53.01 billion current LCU | +7.0% |
| 2017 | 50.59 billion current LCU | -4.6% |
| 2018 | 37.82 billion current LCU | -25.2% |
| 2019 | 33.81 billion current LCU | -10.6% |
| 2020 | 33.82 billion current LCU | +0.0% |
| 2021 | 29.10 billion current LCU | -14.0% |
| 2022 | 33.96 billion current LCU | +16.7% |
| 2023 | 36.74 billion current LCU | +8.2% |
| 2024 | 39.24 billion current LCU | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.38 billion current LCU | 3.92 billion current LCU | 24.49 billion current LCU | 5 |
| 2010s | 41.35 billion current LCU | 26.28 billion current LCU | 53.01 billion current LCU | 10 |
| 2020s | 34.57 billion current LCU | 29.10 billion current LCU | 39.24 billion current LCU | 5 |
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)
- Gross domestic savings (current US$), annual growth rate 11.02 % change on previous year (2012)
- Gross domestic savings (current US$), per unit of GDP 0.7898 current US$ per US$ of GDP (2012)
- Gross domestic savings (current US$), per capita 4,781 current US$ per person (2012)
- Gross domestic savings (current LCU), annual growth rate 11.02 % change on previous year (2012)
- Gross domestic savings (current LCU), per unit of GDP 2.25 current LCU per US$ of GDP (2012)
- Gross domestic savings (current LCU), per capita 13,627 current LCU per person (2012)
- GNI, Atlas method (current US$), annual growth rate 14.18 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9687 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Turkmenistan?
- Gross fixed capital formation, private sector in Turkmenistan was 39.24 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Turkmenistan?
- The highest recorded value was 53.01 billion current LCU in 2016.
- What is the lowest gross fixed capital formation, private sector recorded in Turkmenistan?
- The lowest recorded value was 3.92 billion current LCU in 2005.
- How does Turkmenistan rank for gross fixed capital formation, private sector?
- Turkmenistan ranks 66th out of 105 countries with data for 2024.
- Is gross fixed capital formation, private sector rising or falling in Turkmenistan?
- Over the last ten years it is down 13.5%. The long-run trend across the full record is rising.
- 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 fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.