Merchandise trade as a proportion of GDP (%) in Turkmenistan
Turkmenistan: Merchandise trade as a proportion of GDP (%) was 31.5% in 2024. ◆ Volatile
Merchandise trade as a proportion of GDP in Turkmenistan, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Turkmenistan is 31.5%, measured in 2024.
The figure is down 21.5% on the previous year and down 50.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Turkmenistan peaked at 147.8% in 2000 and was at its lowest, 23.3%, in 2020.
Turkmenistan ranks 191st of 220 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise trade as a proportion of GDP (%) in Turkmenistan, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 147.8% | — |
| 2001 | 140.0% | -5.2% |
| 2002 | 111.4% | -20.5% |
| 2003 | 102.8% | -7.7% |
| 2004 | 105.1% | +2.3% |
| 2005 | 97.4% | -7.4% |
| 2006 | 94.5% | -2.9% |
| 2007 | 99.1% | +4.8% |
| 2008 | 91.0% | -8.1% |
| 2009 | 58.4% | -35.9% |
| 2010 | 54.0% | -7.5% |
| 2011 | 70.5% | +30.4% |
| 2012 | 75.1% | +6.5% |
| 2013 | 68.4% | -8.9% |
| 2014 | 63.2% | -7.6% |
| 2015 | 47.5% | -24.8% |
| 2016 | 33.1% | -30.4% |
| 2017 | 31.7% | -4.1% |
| 2018 | 29.6% | -6.5% |
| 2019 | 33.3% | +12.5% |
| 2020 | 23.3% | -30.0% |
| 2021 | 33.5% | +43.4% |
| 2022 | 40.2% | +20.3% |
| 2023 | 40.2% | -0.2% |
| 2024 | 31.5% | -21.5% |
Turkmenistan compared with similar countries
- Turkmenistan's 31.5% is below the median for upper middle income countries, which is 56.9%, 55% of the median. (55 countries reporting)
- Turkmenistan's 31.5% is below the median for Europe & Central Asia, which is 63.9%, 49% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 104.8% | 58.4% | 147.8% | 10 |
| 2010s | 50.6% | 29.6% | 75.1% | 10 |
| 2020s | 33.7% | 23.3% | 40.2% | 5 |
Countries ranked near Turkmenistan
More economy & growth data for Turkmenistan
- Real gdp growth, annual growth rate -19.73 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0071 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 46.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0365 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0052 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 33.76 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Turkmenistan?
- Merchandise trade as a proportion of gdp in Turkmenistan was 31.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Turkmenistan?
- The highest recorded value was 147.8% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Turkmenistan?
- The lowest recorded value was 23.3% in 2020.
- How does Turkmenistan rank for merchandise trade as a proportion of gdp?
- Turkmenistan ranks 191st out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Turkmenistan?
- Over the last ten years it is down 50.1%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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