Turkmenistan recorded a government debt equivalent to 30.90 percent of the country's Gross Domestic Product in 2020. source: National Institute of State Statistics and Information, Turkmenistan

Government Debt to GDP in Turkmenistan averaged 21.31 percent from 1997 until 2018, reaching an all time high of 64.41 percent in 1998 and a record low of 2.42 percent in 2007. This page provides - Turkmenistan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Government Debt to GDP - values, historical data and charts - was last updated on January of 2022.

Government Debt to GDP in Turkmenistan is expected to reach 34.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Government Debt to GDP is projected to trend around 34.50 percent of GDP in 2022 and 36.00 percent of GDP in 2023, according to our econometric models.

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Turkmenistan Government Debt to GDP


Related Last Previous Unit Reference
Government Debt to GDP 30.90 32.80 percent of GDP Dec/20
Government Budget 0.10 -0.20 percent of GDP Dec/20
Turkmenistan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.