Turkmenistan GDP

The Gross Domestic Product (GDP) in Turkmenistan was worth 33.68 billion US dollars in 2012. The GDP value of Turkmenistan represents 0.05 percent of the world economy. GDP in Turkmenistan is reported by the World Bank. From 1987 until 2012, Turkmenistan GDP averaged 8.3 USD Billion reaching an all time high of 33.7 USD Billion in December of 2012 and a record low of 2.4 USD Billion in December of 1987. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Turkmenistan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
33.68 28.06 33.68 2.37 39.25 | 2013/12 1987 - 2012 USD Billion Yearly

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Turkmenistan GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 33465715901.00 2012-06-29 28061754386.00 33465715901.00 2188302152.61 33898059633.08 2012-12-31 USD Million [+]
GDP 33.68 2012-12-31 28.06 33.68 2.37 39.25 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 11.10 2012-12-31 14.70 16.50 -17.30 12.37 2013-12-31 Percent [+]
GDP per capita 3269.66 2012-12-31 2981.17 3269.66 1107.68 3587.65 2013-12-31 USD [+]
GDP per capita PPP 9121.28 2012-12-31 8316.49 9121.28 3090.06 10008.43 2013-12-31 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Turkmenistan Government Spending at 2727205400.00 USD Million  
Government Spending in Turkmenistan increased to 2727205400 USD Million in 2012 from 2499345138 USD Million in 2011. Government Spending in Turkmenistan is reported by the SESRIC.
Turkmenistan GDP Current Prices at 33465715901.00 USD Million  
GDP Constant Prices in Turkmenistan increased to 33465715901 USD Million in 2012 from 28061754386 USD Million in 2011. GDP Constant Prices in Turkmenistan is reported by the SESRIC.
Turkmenistan Consumer Spending at 2212128965.00 USD Million  
Consumer Spending in Turkmenistan increased to 2212128965 USD Million in 2012 from 1038661629 USD Million in 2011. Consumer Spending in Turkmenistan is reported by the SESRIC.
Turkmenistan Exports at 10498.00 USD Million  
Exports in Turkmenistan increased to 10498 USD Million in 2012 from 7620.33 USD Million in 2011. Exports in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Current Account at 97.00 USD Million  
Turkmenistan recorded a Current Account surplus of 97 USD Million in 2013. Current Account in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
Turkmenistan Imports at 9736.67 USD Million  
Imports in Turkmenistan increased to 9736.67 USD Million in 2012 from 7687.76 USD Million in 2011. Imports in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Sales Tax Rate at 20.00 Percent  
The Sales Tax Rate in Turkmenistan stands at 20 percent. Sales Tax Rate in Turkmenistan is reported by the Ministry of Finance.
Turkmenistan Balance of Trade at 772.57 USD Million  
Turkmenistan recorded a trade surplus of 772.57 USD Million in 2012. Balance of Trade in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Unemployment Rate at 2.60 Percent  
Unemployment Rate in Turkmenistan remained unchanged at 2.60 percent in 2004 from 2.60 percent in 2003. Unemployment Rate in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
Turkmenistan Inflation Rate at 6.00 Percent  
The inflation rate in Turkmenistan was recorded at 6.50 percent in 2012. Inflation Rate in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
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