What is the GDP of Turkmenistan?

Turkmenistan's GDP is approximately $51.4 billion USD. The GDP growth rate is 6.3%.

What is the population of Turkmenistan?

Turkmenistan has a population of approximately 7.5 million people. The population growth rate is 1.8%.

What is the unemployment rate in Turkmenistan?

The unemployment rate in Turkmenistan is 4.3%.

What is the GDP per capita of Turkmenistan?

Turkmenistan's GDP per capita is approximately $6,857 USD.

Is Turkmenistan a good country to invest in?

Turkmenistan has an investment score of 25/100, classified as "Caution" risk. Key sectors include Natural Gas, Cotton, Petrochemicals. Credit rating: NR.

How open is Turkmenistan's economy to trade?

Turkmenistan's trade openness (trade as % of GDP) is 29%. Exports total approximately $9B and imports $5.7B.

How much foreign investment does Turkmenistan attract?

Foreign direct investment (FDI) in Turkmenistan is 3.2% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Turkmenistan?

Turkmenistan's economy is composed of services (50% of GDP), industry (37% of GDP), and agriculture (12% of GDP).

Can I start a business in Turkmenistan as a foreigner?

Turkmenistan offers various options for foreign entrepreneurs. Visit our business setup guide for Turkmenistan for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Turkmenistan's economy growing?

Turkmenistan's GDP growth rate is 6.3%. This is above the global average, indicating strong economic momentum.

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Turkmenistan Economy Overview

Name: Turkmenistan Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaUpper MiddleCapital: AshgabatTKM

Caution

Growing

51.4B USD

GDP (Nominal)

Growing at 6.3%

$6,857

GDP Per Capita

Middle income level

7.5M

Population

+1.8% annual growth

Inflation

29%of GDP

Trade Openness

Strong

3.2%of GDP

FDI Inflows

Public Debt

Low

4.3%

Unemployment

Surplus

+$3.3B

Trade Balance

GDP

Billion USD, nominal

$51.4B

2024+5.5B

GDP Growth

Annual %

6.3%

2024+0.0%

No inflation data available

Population

Millions

7.5M

2024+0.1M

Economic Structure

Services50%

Industry37%

Agriculture12%

Investment Score Breakdown

Economic Health (30%)28

Political Safety (25%)8

Business Climate (20%)22

Financial Strength (15%)32

Growth Potential (10%)45

Key Sectors

Natural Gas

25% of GDP

stable

Cotton

5% of GDP

declining

Petrochemicals

8% of GDP

stable

Construction

4% of GDP

stable

Should I Invest in Turkmenistan?

AvoidSetup: ModerateROI: Moderate

Turkmenistan scores 25/100 on the NationsData Investment Index, rated "Caution". The economy is growing at 5.5%, offering expanding market opportunity.

Investment Score25/100

GDP Growth5.5%

Inflation12.5%

FDI/GDP2.2%

Public Debt8.5%

Political Stability-1.3

Strengths

+Strong GDP growth at 5.5% - expanding market opportunity
+Low public debt (8.5% of GDP) - fiscal headroom

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (12.5%) - erodes margins and purchasing power
-Corruption is a significant concern - budget for compliance and due diligence

Also Consider

Belarus

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Russia

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Turkey

Same region, similar income level, higher score (42)

Moldova

Same region, similar income level, higher score (42)

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