Name: Turkmenistan Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Turkmenistan,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Government Spending in Turkmenistan increased to 4.91 USD Billion in 2023 from 4.62 USD Billion in 2022. Government Spending in Turkmenistan averaged 2.37 USD Billion from 1990 until 2023, reaching an all time high of 4.91 USD Billion in 2023 and a record low of 0.77 USD Billion in 1994. source: SESRIC - The Statistical, Economic & Social Res. & Training Centre for Islamic Countries

Government Spending in Turkmenistan is expected to reach 5.21 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Government Spending is projected to trend around 5.52 USD Billion in 2027 and 5.85 USD Billion in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Credit Rating	35.00			Feb 2026
Government Budget	0.80	0.90	percent of GDP	Dec 2024
Government Debt to GDP	4.60	4.70	percent of GDP	Dec 2024
Government Spending	4.91	4.62	USD Billion	Dec 2023
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Turkmenistan Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.