Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkmenistan
Turkmenistan: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 96,866 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkmenistan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Turkmenistan stood at 96,866 million SLC. That is the highest value across all 34 years on record.
That represents a change of up 3.2% on the previous year and up 59.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Turkmenistan peaked at 96,866 million SLC in 2024 and was at its lowest, 8,165 million SLC, in 1995.
That places Turkmenistan 99th out of 194 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Turkmenistan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 17,071 million SLC | — |
| 1992 | 15,188 million SLC | -11.0% |
| 1993 | 16,021 million SLC | +5.5% |
| 1994 | 10,432 million SLC | -34.9% |
| 1995 | 8,165 million SLC | -21.7% |
| 1996 | 15,543 million SLC | +90.4% |
| 1997 | 13,657 million SLC | -12.1% |
| 1998 | 16,254 million SLC | +19.0% |
| 1999 | 16,511 million SLC | +1.6% |
| 2000 | 15,528 million SLC | -6.0% |
| 2001 | 14,913 million SLC | -4.0% |
| 2002 | 12,656 million SLC | -15.1% |
| 2003 | 12,055 million SLC | -4.8% |
| 2004 | 11,480 million SLC | -4.8% |
| 2005 | 12,901 million SLC | +12.4% |
| 2006 | 12,180 million SLC | -5.6% |
| 2007 | 12,902 million SLC | +5.9% |
| 2008 | 25,231 million SLC | +95.6% |
| 2009 | 39,365 million SLC | +56.0% |
| 2010 | 50,923 million SLC | +29.4% |
| 2011 | 57,524 million SLC | +13.0% |
| 2012 | 55,489 million SLC | -3.5% |
| 2013 | 58,978 million SLC | +6.3% |
| 2014 | 60,618 million SLC | +2.8% |
| 2015 | 61,547 million SLC | +1.5% |
| 2016 | 61,740 million SLC | +0.3% |
| 2017 | 65,499 million SLC | +6.1% |
| 2018 | 69,440 million SLC | +6.0% |
| 2019 | 73,995 million SLC | +6.6% |
| 2020 | 78,279 million SLC | +5.8% |
| 2021 | 83,123 million SLC | +6.2% |
| 2022 | 88,314 million SLC | +6.2% |
| 2023 | 93,854 million SLC | +6.3% |
| 2024 | 96,866 million SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14,316 million SLC | 8,165 million SLC | 17,071 million SLC | 9 |
| 2000s | 16,921 million SLC | 11,480 million SLC | 39,365 million SLC | 10 |
| 2010s | 61,575 million SLC | 50,923 million SLC | 73,995 million SLC | 10 |
| 2020s | 88,087 million SLC | 78,279 million SLC | 96,866 million SLC | 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)
- Industry (including construction), value added (current US$), annual 8.07 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3597 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,353 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.16 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 1.96 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 12,791 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.9 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.5918 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Turkmenistan?
- Gross fixed capital formation — value standard local currency, 2015 in Turkmenistan was 96,866 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Turkmenistan?
- The highest recorded value was 96,866 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Turkmenistan?
- The lowest recorded value was 8,165 million SLC in 1995.
- How does Turkmenistan rank for gross fixed capital formation — value standard local currency, 2015?
- Turkmenistan ranks 99th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Turkmenistan?
- Over the last ten years it is up 59.8%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).