Revenue from corporate income taxes as a share of GDP in Turkmenistan
Turkmenistan: Revenue from corporate income taxes as a share of GDP was 6.3% in 2008. ◆ Volatile
Revenue from corporate income taxes as a share of GDP in Turkmenistan, 1994–2008
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2008, revenue from corporate income taxes as a share of gdp in Turkmenistan stood at 6.3%. That is the highest value across all 15 years on record.
The figure is up 65.2% on the previous year and up 970.6% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Turkmenistan peaked at 6.3% in 2008 and was at its lowest, 0.4%, in 2001.
That places Turkmenistan 8th out of 163 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue from corporate income taxes as a share of GDP in Turkmenistan, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 3.4% | — |
| 1995 | 4.8% | +41.1% |
| 1996 | 3.8% | -21.5% |
| 1997 | 5.2% | +38.1% |
| 1998 | 0.6% | -88.7% |
| 1999 | 0.7% | +22.2% |
| 2000 | 0.5% | -25.3% |
| 2001 | 0.4% | -22.1% |
| 2002 | 0.5% | +23.4% |
| 2003 | 0.5% | -7.3% |
| 2004 | 2.0% | +317.6% |
| 2005 | 2.7% | +33.2% |
| 2006 | 3.9% | +46.4% |
| 2007 | 3.8% | -2.2% |
| 2008 | 6.3% | +65.2% |
Turkmenistan compared with similar countries
- Turkmenistan's 6.3% is above the median for upper middle income countries, which is 2.8%, 2.3× the median. (49 countries reporting)
- Turkmenistan's 6.3% is above the median for Europe & Central Asia, which is 2.5%, 2.6× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Revenue from corporate income taxes as a share of GDP in Turkmenistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +317.6% | 0.5% | 2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 0.6% | 5.2% | 6 |
| 2000s | 2.3% | 0.4% | 6.3% | 9 |
Countries ranked near Turkmenistan
- 5 Equatorial Guinea 6.9% compare
- 6 Trinidad and Tobago 6.7% compare
- 7 Malta 6.5% compare
- 9 Syrian Arab Republic 6.2% compare
- 10 Seychelles 6.2% compare
- 11 Bhutan 5.9% compare
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 19.33 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0372 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 219.46 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 9.96 % change on previous year (1999)
- Total reserves (includes gold, current US$), per unit of GDP 0.6174 includes gold, current US$ per US$ of GDP (1999)
- Total reserves (includes gold, current US$), per capita 336.81 includes gold, current US$ per person (1999)
- Total reserves minus gold (current US$), annual growth rate 9.96 % change on previous year (1999)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Turkmenistan?
- Revenue from corporate income taxes as a share of gdp in Turkmenistan was 6.3% in 2008, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Turkmenistan?
- The highest recorded value was 6.3% in 2008.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Turkmenistan?
- The lowest recorded value was 0.4% in 2001.
- How does Turkmenistan rank for revenue from corporate income taxes as a share of gdp?
- Turkmenistan ranks 8th out of 163 countries with data for 2008.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Turkmenistan?
- Over the last ten years it is up 970.6%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.