Turkmenistan - Economic Forecasts - 2018-2020 Outlook

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.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 3.49
3.61 3.73 3.85 3.98 4.54
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 6.40
percent
5.6 5.6 5.8 5.6 6.3
GDP 36.18
USD Billion
34.05 33.5 32.95 32.4 21.4
GDP Constant Prices 39.56
USD Billion
40.87 41.08 41.29 41.5 44.1
GDP per capita 6986.90
USD
6979 7047 7115 7183 7217
GDP per capita PPP 15648.40
USD
15857 15990 16123 16255 16979
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 8.62
percent
10.7 10.7 8.7 10.7 10.5
Population 5.66
Million
5.68 5.7 5.72 5.74 5.98
Retirement Age Men 62.00
62 62 62 62 62
Retirement Age Women 57.00
57 57 57 57 57
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 6.17
percent
6.1 5.8 5.9 6.1 5.1
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 1969.56
USD Million
898 790 681 573 303
Exports 6963.89
USD Million
8562 7906 7251 6595 6293
Imports 4994.33
USD Million
5298 4556 3813 3071 -1562
Current Account -7105.00
USD Million
-5368 -5572 -5776 -5979 -3946
Current Account to GDP -18.50
percent
-17 -17 -5.91 -17 -10
Terrorism Index 0.00
0 0 0 0 0.05
Crude Oil Production 245.00
BBL/D/1K
242 241 240 239 232
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 36.50
percent
41 41 35.6 41 38
Government Budget -0.80
percent of GDP
-0.01 0.05 0.12 0.19 1.33
Government Spending 3.57
USD Billion
3.48 3.5 3.53 3.55 3.36
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 3624.90
KBps
3339 3324 3308 3276 3019
IP Addresses 721.00
IP
498 433 384 349 414
Corruption Index 22.00
Points
19 19 20 20 17
Corruption Rank 154.00
155 152 149 146 141
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 4.19
USD Billion
4.73 4.62 4.51 4.39 4.9
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Sales Tax Rate 15.00
percent
19 19 20 20 18
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 12.68
mm
22.27 13.78 2.29 11.92 12.84
Temperature 5.42
celsius
3.55 21.62 26.44 7.73 15.15