Gross Fixed Capital Formation — Value US$, 2015 prices in Turkmenistan
Turkmenistan: Gross Fixed Capital Formation — Value US$, 2015 prices was 27,871 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Turkmenistan, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Turkmenistan stood at 27,871 million USD. 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 us$, 2015 prices in Turkmenistan peaked at 27,871 million USD in 2024 and was at its lowest, 2,349 million USD, in 1995.
That places Turkmenistan 58th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Turkmenistan, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 4,912 million USD | — |
| 1992 | 4,370 million USD | -11.0% |
| 1993 | 4,610 million USD | +5.5% |
| 1994 | 3,002 million USD | -34.9% |
| 1995 | 2,349 million USD | -21.7% |
| 1996 | 4,472 million USD | +90.4% |
| 1997 | 3,929 million USD | -12.1% |
| 1998 | 4,677 million USD | +19.0% |
| 1999 | 4,751 million USD | +1.6% |
| 2000 | 4,468 million USD | -6.0% |
| 2001 | 4,291 million USD | -4.0% |
| 2002 | 3,642 million USD | -15.1% |
| 2003 | 3,468 million USD | -4.8% |
| 2004 | 3,303 million USD | -4.8% |
| 2005 | 3,712 million USD | +12.4% |
| 2006 | 3,505 million USD | -5.6% |
| 2007 | 3,712 million USD | +5.9% |
| 2008 | 7,260 million USD | +95.6% |
| 2009 | 11,326 million USD | +56.0% |
| 2010 | 14,652 million USD | +29.4% |
| 2011 | 16,551 million USD | +13.0% |
| 2012 | 15,966 million USD | -3.5% |
| 2013 | 16,969 million USD | +6.3% |
| 2014 | 17,441 million USD | +2.8% |
| 2015 | 17,709 million USD | +1.5% |
| 2016 | 17,764 million USD | +0.3% |
| 2017 | 18,846 million USD | +6.1% |
| 2018 | 19,980 million USD | +6.0% |
| 2019 | 21,290 million USD | +6.6% |
| 2020 | 22,523 million USD | +5.8% |
| 2021 | 23,916 million USD | +6.2% |
| 2022 | 25,410 million USD | +6.2% |
| 2023 | 27,004 million USD | +6.3% |
| 2024 | 27,871 million USD | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,119 million USD | 2,349 million USD | 4,912 million USD | 9 |
| 2000s | 4,869 million USD | 3,303 million USD | 11,326 million USD | 10 |
| 2010s | 17,717 million USD | 14,652 million USD | 21,290 million USD | 10 |
| 2020s | 25,345 million USD | 22,523 million USD | 27,871 million USD | 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)
- GNI (current LCU), annual growth rate 15.05 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 5.49 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 35,915 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 208.08 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 208.17 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.62 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0279 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 182.74 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Turkmenistan?
- Gross fixed capital formation — value us$, 2015 prices in Turkmenistan was 27,871 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Turkmenistan?
- The highest recorded value was 27,871 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Turkmenistan?
- The lowest recorded value was 2,349 million USD in 1995.
- How does Turkmenistan rank for gross fixed capital formation — value us$, 2015 prices?
- Turkmenistan ranks 58th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).