Gross fixed capital formation, private sector in Turkmenistan
Turkmenistan: Gross fixed capital formation, private sector was 16.3% in 2024. ▼ Falling
Gross fixed capital formation, private sector in Turkmenistan, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Turkmenistan recorded 16.3% for gross fixed capital formation, private sector in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 5.9% on the previous year and down 55.4% over ten years.
Over the whole period, gross fixed capital formation, private sector in Turkmenistan peaked at 42.5% in 2009 and was at its lowest, 16.3%, in 2024.
That places Turkmenistan 53rd out of 106 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Gross fixed capital formation, private sector in Turkmenistan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 22.0% | — |
| 2006 | 18.6% | -15.1% |
| 2007 | 17.4% | -6.6% |
| 2008 | 29.6% | +70.1% |
| 2009 | 42.5% | +43.7% |
| 2010 | 40.8% | -3.9% |
| 2011 | 38.7% | -5.1% |
| 2012 | 41.8% | +7.8% |
| 2013 | 38.5% | -7.9% |
| 2014 | 36.6% | -4.9% |
| 2015 | 39.5% | +8.1% |
| 2016 | 41.9% | +5.9% |
| 2017 | 38.1% | -9.0% |
| 2018 | 26.5% | -30.5% |
| 2019 | 21.5% | -19.0% |
| 2020 | 21.3% | -1.0% |
| 2021 | 16.8% | -20.9% |
| 2022 | 16.6% | -0.9% |
| 2023 | 17.4% | +4.2% |
| 2024 | 16.3% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.0% | 17.4% | 42.5% | 5 |
| 2010s | 36.4% | 21.5% | 41.9% | 10 |
| 2020s | 17.7% | 16.3% | 21.3% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 132.72 % change on previous year (2012)
- Households and NPISHs Final consumption expenditure (current LCU) 0.4297 current LCU per US$ of GDP (2012)
- Households and NPISHs Final consumption expenditure (current LCU) 2,601 current LCU per person (2012)
- Final consumption expenditure (current US$), annual growth rate 75.27 % change on previous year (2012)
- Final consumption expenditure (current US$), per unit of GDP 0.2102 current US$ per US$ of GDP (2012)
- Final consumption expenditure (current US$), per capita 1,272 current US$ per person (2012)
- Final consumption expenditure (current LCU), annual growth rate 75.27 % change on previous year (2012)
- Final consumption expenditure (current LCU), per unit of GDP 0.599 current LCU per US$ of GDP (2012)
Frequently asked questions
- What is gross fixed capital formation, private sector in Turkmenistan?
- Gross fixed capital formation, private sector in Turkmenistan was 16.3% 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 42.5% in 2009.
- What is the lowest gross fixed capital formation, private sector recorded in Turkmenistan?
- The lowest recorded value was 16.3% in 2024.
- How does Turkmenistan rank for gross fixed capital formation, private sector?
- Turkmenistan ranks 53rd out of 106 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 55.4%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 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.