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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 3.41 3.44 3.48 3.58 3.55 4.09 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 6.20 5.8 5.8 5.8 5.6 6.3 percent [+]
GDP 35.85 39.39 36.13 32.87 32.39 28.4 USD Billion [+]
GDP Constant Prices 38.31 39.88 40.33 40.79 41.47 49.76 USD Billion [+]
GDP per capita 6932.84 7098 7162 7227 7310 8101 USD [+]
GDP per capita PPP 15527.40 16049 16223 16397 16615 19212 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 10.00 10.9 10.8 10.8 10.7 10.5 percent [+]
Population 5.37 5.4 5.41 5.43 5.44 5.64 Million [+]
Retirement Age Men 62.00 62 62 62 62 62 [+]
Retirement Age Women 57.00 57 57 57 57 57 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 6.17 6.5 6.3 5.9 6.1 5.1 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 2181.97 1243 1168 1094 918 789 USD Million [+]
Exports 10378.57 10219 9982 9744 9840 10724 USD Million [+]
Imports 8196.60 8641 7861 7082 7155 7106 USD Million [+]
Current Account -7105.00 -5519 -5519 -5519 -6571 -5926 USD Million [+]
Current Account to GDP -18.50 -9.88 -11.72 -13.55 -13.32 -10.48 percent [+]
Terrorism Index 0.00 0 0 0 0 -0.01 [+]
Crude Oil Production 245.00 237 236 236 236 236 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 36.50 39 39 39 35.95 38 percent [+]
Government Budget -0.80 -0.59 -0.86 -1.14 -1.09 -1.09 percent of GDP [+]
Government Spending 3.44 3.39 3.46 3.53 3.51 3.46 USD Billion [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corruption Index 22.00 19 20 20 20 17 Points [+]
Corruption Rank 154.00 156 154 152 152 153 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 4.48 4.02 4.45 4.88 4.7 4.52 USD Billion [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Sales Tax Rate 15.00 18.9 19.38 19.85 19.39 18.44 percent [+]