Markets Actual Q4 Q1 Q2 Q3 2021
Currency 3.49 3.49 3.49 3.49 3.49 3.49

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 6.20 3.5 5.5 6.5 6.5 6
Unemployment Rate (%) 3.90 4 4 4 4 4
Inflation Rate (%) 13.40 11 10.5 10 10 12.5
Balance of Trade (USD Million) 7222.00 5062 4074 3827 3827 5062
Current Account (USD Million) 481.00 -5750 -5750 -5750 -5750 -5750
Current Account to GDP (%) 5.10 -3.1 -4.5 -4.5 -4.5 -4.5
Government Debt to GDP (%) 29.30 32.9 34.5 34.5 34.5 34.5
Government Budget (% of GDP) -0.90 -3.1 -3.7 -3.7 -3.7 -3.7

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 6.20 3.5 5.5 6.5 6.5 6
GDP (USD Billion) 40.76 40.5 41.5 41.5 41.5 41.5
GDP Constant Prices (USD Billion) 43.27 47.3 44.79 45.65 46.08 49.8
GDP per capita (USD) 7647.90 8312 8645 8645 8645 8645
GDP per capita PPP (USD) 14845.30 17700 17700 17700 17533 18227
Gross Fixed Capital Formation (USD Billion) 21.41 23.4 23.4 23.4 23.4 23.4

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 3.90 4 4 4 4 4
Population (Million) 5.94 6.03 6.12 6.12 6.12 6.12
Retirement Age Men 62.00 62 62 62 62 62
Retirement Age Women 57.00 57 57 57 57 57

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 13.40 11 10.5 10 10 12.5

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) 7222.00 5062 4074 3827 3827 5062
Current Account (USD Million) 481.00 -5750 -5750 -5750 -5750 -5750
Current Account to GDP (%) 5.10 -3.1 -4.5 -4.5 -4.5 -4.5
Imports (USD Million) 2912.79 6002 6502 6502 6502 6502
Exports (USD Million) 9695.39 10076 10328 10328 10328 10328
Crude Oil Production (BBL/D/1K) 190.00 245 245 245 245 245

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 29.30 32.9 34.5 34.5 34.5 34.5
Government Budget (% of GDP) -0.90 -3.1 -3.7 -3.7 -3.7 -3.7
Government Spending (USD Billion) 3.90 4.27 4.04 4.11 4.15 4.5

Taxes Actual Q4 Q1 Q2 Q3 2021
Sales Tax Rate (%) 15.00 15 15 15 15 15

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (USD Billion) 4.80 5.21 4.97 5.07 5.11 5.48


This page has economic forecasts for Turkmenistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Turkmenistan economy.