Turkmenistan | Economic Forecasts | 2017-2020 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 3.49 3.38 3.34 3.31 3.27 2.9 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 6.40 5.8 5.6 5.6 5.8 6.3 percent [+]
GDP 36.18 32.4 31.47 30.55 29.62 21.4 USD Billion [+]
GDP Constant Prices 38.31 41.07 41.73 42.39 43.05 49.81 USD Billion [+]
GDP per capita 6986.90 7183 7199 7215 7232 7217 USD [+]
GDP per capita PPP 15648.40 16255 16338 16421 16504 16979 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 8.62 10.8 10.7 10.7 8.77 10.5 percent [+]
Population 5.66 5.74 5.76 5.79 5.81 5.98 Million [+]
Retirement Age Men 62.00 62 62 62 62 62 [+]
Retirement Age Women 57.00 57 57 57 57 57 [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 6.17 5.9 6.1 5.8 5.9 5.1 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 1969.56 573 454 334 214 303 USD Million [+]
Exports 6963.89 6595 6649 6704 6758 6293 USD Million [+]
Imports 4994.33 3071 2663 2256 1848 -1562 USD Million [+]
Current Account -7105.00 -5164 -5572 -5776 -5979 -3946 USD Million [+]
Current Account to GDP -18.50 -20 -17 -17 -2.96 -10 percent [+]
Terrorism Index 0.00 0 0 0 0.01 0.11 [+]
Crude Oil Production 245.00 242 241 240 239 230 BBL/D/1K [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 36.50 39 41 41 34.3 38 percent [+]
Government Budget -0.80 0.19 0.29 0.39 0.5 1.33 percent of GDP [+]
Government Spending 3.44 3.43 3.42 3.41 3.4 3.14 USD Billion [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 3624.90 3392 3339 3324 3308 3019 KBps [+]
IP Addresses 721.00 573 498 433 384 414 IP [+]
Corruption Index 22.00 20 20 20 20 17 Points [+]
Corruption Rank 154.00 146 145 144 143 141 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Spending 4.48 4.91 4.89 4.87 4.85 5.05 USD Billion [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Sales Tax Rate 15.00 20 20 19 19 18 percent [+]
CLIMATE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Temperature 5.00 6.48 12.75 23.76 17.55 9.02 celsius [+]