Gross Fixed Capital Formation — Value Standard Local Currency in Turkmenistan
Turkmenistan: Gross Fixed Capital Formation — Value Standard Local Currency was 112,017 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Turkmenistan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Turkmenistan recorded 112,017 million SLC for gross fixed capital formation — value standard local currency in 2024. That is the highest value across all 34 years on record.
That represents a change of up 7.8% on the previous year and up 81.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Turkmenistan peaked at 112,017 million SLC in 2024 and was at its lowest, 0.0019 million SLC, in 1991.
Turkmenistan ranks 109th of 202 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 — Value Standard Local Currency in Turkmenistan, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 0.0019 million SLC | — |
| 1992 | 0.0536 million SLC | +2747.3% |
| 1993 | 0.6981 million SLC | +1201.4% |
| 1994 | 4.86 million SLC | +595.5% |
| 1995 | 30.38 million SLC | +525.6% |
| 1996 | 648.1 million SLC | +2033.6% |
| 1997 | 919.15 million SLC | +41.8% |
| 1998 | 1,273 million SLC | +38.5% |
| 1999 | 1,591 million SLC | +25.0% |
| 2000 | 1,814 million SLC | +14.0% |
| 2001 | 2,287 million SLC | +26.0% |
| 2002 | 2,494 million SLC | +9.0% |
| 2003 | 3,020 million SLC | +21.1% |
| 2004 | 3,404 million SLC | +12.7% |
| 2005 | 4,094 million SLC | +20.3% |
| 2006 | 4,339 million SLC | +6.0% |
| 2007 | 5,022 million SLC | +15.7% |
| 2008 | 15,682 million SLC | +212.3% |
| 2009 | 26,847 million SLC | +71.2% |
| 2010 | 33,392 million SLC | +24.4% |
| 2011 | 43,267 million SLC | +29.6% |
| 2012 | 47,303 million SLC | +9.3% |
| 2013 | 56,234 million SLC | +18.9% |
| 2014 | 61,803 million SLC | +9.9% |
| 2015 | 61,547 million SLC | -0.4% |
| 2016 | 62,993 million SLC | +2.3% |
| 2017 | 65,797 million SLC | +4.5% |
| 2018 | 70,602 million SLC | +7.3% |
| 2019 | 78,530 million SLC | +11.2% |
| 2020 | 79,462 million SLC | +1.2% |
| 2021 | 86,718 million SLC | +9.1% |
| 2022 | 98,093 million SLC | +13.1% |
| 2023 | 103,870 million SLC | +5.9% |
| 2024 | 112,017 million SLC | +7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 496.43 million SLC | 0.0019 million SLC | 1,591 million SLC | 9 |
| 2000s | 6,900 million SLC | 1,814 million SLC | 26,847 million SLC | 10 |
| 2010s | 58,147 million SLC | 33,392 million SLC | 78,530 million SLC | 10 |
| 2020s | 96,032 million SLC | 79,462 million SLC | 112,017 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)
- GDP (current US$), annual growth rate 12.61 % change on previous year (2025)
- GDP (current US$), per capita 6,540 current US$ per person (2025)
- GDP (current LCU), annual growth rate 12.7 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 5.44 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 35,556 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 6.3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.32 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,605 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Turkmenistan?
- Gross fixed capital formation — value standard local currency in Turkmenistan was 112,017 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 recorded in Turkmenistan?
- The highest recorded value was 112,017 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Turkmenistan?
- The lowest recorded value was 0.0019 million SLC in 1991.
- How does Turkmenistan rank for gross fixed capital formation — value standard local currency?
- Turkmenistan ranks 109th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Turkmenistan?
- Over the last ten years it is up 81.2%. 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. 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).