The Gross Domestic Product (GDP) in Turkmenistan was worth 64.24 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Turkmenistan represents 0.06 percent of the world economy. This dataset provides the latest reported value for - Turkmenistan GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Turkmenistan GDP Composition by Sector, 2016 Discover more data with ReportLinker!

The gross domestic product (GDP) in current prices in Turkmenistan was 68.68 billion U.S. dollars in 2024. Between 1992 and 2024, the GDP rose by 67.79 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 41.91 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Industry data was reported at 71,378.000 TMM mn in 2015. This records a decrease from the previous number of 75,257.000 TMM mn for 2014. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 3,026.600 TMM mn from Dec 1987 (Median) to 2015, with 29 observations. The data reached an all-time high of 75,257.000 TMM mn in 2014 and a record low of 0.001 TMM mn in 1990. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: Market Price: Linked Series data was reported at 148,244.000 TMM mn in 2017. This records an increase from the previous number of 126,629.600 TMM mn for 2016. Turkmenistan TM: GDP: Market Price: Linked Series data is updated yearly, averaging 13,261.408 TMM mn from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 148,244.000 TMM mn in 2017 and a record low of 0.005 TMM mn in 1989. Turkmenistan TM: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Agriculture data was reported at 11,653.000 TMM mn in 2015. This records an increase from the previous number of 10,290.000 TMM mn for 2014. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 1,665.600 TMM mn from Dec 1987 (Median) to 2015, with 29 observations. The data reached an all-time high of 11,653.000 TMM mn in 2015 and a record low of 0.001 TMM mn in 1988. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data was reported at 6.846 USD bn in 2023. This records an increase from the previous number of 6.448 USD bn for 2022. Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1.502 USD bn from Dec 1987 (Median) to 2023, with 37 observations. The data reached an all-time high of 6.846 USD bn in 2023 and a record low of 300.491 USD mn in 1996. Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 3.329 USD bn in 2015. This records a decrease from the previous number of 3.611 USD bn for 2014. Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 1.033 USD bn from Dec 1987 (Median) to 2015, with 29 observations. The data reached an all-time high of 3.611 USD bn in 2014 and a record low of 300.491 USD mn in 1996. Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: Deflator: Linked Series data was reported at 271.605 2005=100 in 2017. This records an increase from the previous number of 247.085 2005=100 for 2016. Turkmenistan TM: GDP: Deflator: Linked Series data is updated yearly, averaging 88.122 2005=100 from Dec 1989 (Median) to 2017, with 29 observations. The data reached an all-time high of 273.754 2005=100 in 2014 and a record low of 0.000 2005=100 in 1990. Turkmenistan TM: GDP: Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The base year varies by country.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Turkmenistan TM: GDP: % of GDP: Gross Value Added: Industry data was reported at 56.966 % in 2015. This records a decrease from the previous number of 60.670 % for 2014. Turkmenistan TM: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 41.972 % from Dec 1987 (Median) to 2015, with 29 observations. The data reached an all-time high of 66.580 % in 2012 and a record low of 12.188 % in 1992. Turkmenistan TM: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Services data was reported at 18,113.742 TMM mn in 2010. This records an increase from the previous number of 15,555.295 TMM mn for 2009. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 954.000 TMM mn from Dec 1987 (Median) to 2010, with 24 observations. The data reached an all-time high of 18,113.742 TMM mn in 2010 and a record low of 0.001 TMM mn in 1987. Turkmenistan TM: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: % of GDP: Gross Value Added: Services data was reported at 28.144 % in 2010. This records an increase from the previous number of 27.001 % for 2009. Turkmenistan TM: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 31.195 % from Dec 1987 (Median) to 2010, with 24 observations. The data reached an all-time high of 79.438 % in 1992 and a record low of 15.469 % in 1993. Turkmenistan TM: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 20.394 USD bn in 2015. This records a decrease from the previous number of 26.406 USD bn for 2014. Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 1.798 USD bn from Dec 1987 (Median) to 2015, with 29 observations. The data reached an all-time high of 26.406 USD bn in 2014 and a record low of 390.066 USD mn in 1992. Turkmenistan TM: GDP: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 6,650.000 USD in 2017. This records a decrease from the previous number of 6,820.000 USD for 2016. Turkmenistan TM: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 1,590.000 USD from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 7,200.000 USD in 2014 and a record low of 530.000 USD in 1994. Turkmenistan TM: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Turkmenistan TM: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 15,110.791 TMM mn in 2012. This records an increase from the previous number of 6,493.156 TMM mn for 2011. Turkmenistan TM: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 5,765.198 TMM mn from Dec 1990 (Median) to 2012, with 19 observations. The data reached an all-time high of 18,452.565 TMM mn in 2008 and a record low of 0.003 TMM mn in 1990. Turkmenistan TM: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 23.810 USD bn in 2023. This records a decrease from the previous number of 23.853 USD bn for 2022. Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 3.004 USD bn from Dec 1987 (Median) to 2023, with 37 observations. The data reached an all-time high of 26.406 USD bn in 2014 and a record low of 390.066 USD mn in 1992. Turkmenistan TM: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data was reported at 37,553.176 Intl $ in 2017. This records an increase from the previous number of 35,840.719 Intl $ for 2016. Turkmenistan TM:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data is updated yearly, averaging 17,309.219 Intl $ from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 37,553.176 Intl $ in 2017 and a record low of 11,278.869 Intl $ in 1997. Turkmenistan TM:(GDP) Gross Domestic Productper Person Employed: 2011 PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Employment and Unemployment. GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2011 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.; ; International Labour Organization, ILOSTAT database. Data retrieved in September 2018.; Weighted average; Data up to 2016 are estimates while data from 2017 are projections.

Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data was reported at 0.007 USD mn in 2010. Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data is updated yearly, averaging 0.007 USD mn from Dec 2010 (Median) to 2010, with 1 observations. Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.; ; Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.; Weighted Average;

Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data was reported at 13.354 USD bn in 2010. Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 13.354 USD bn from Dec 2010 (Median) to 2010, with 1 observations. Turkmenistan TM: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank: Gross Domestic Product: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.

Turkmenistan TM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 13.031 USD bn in 2015. Turkmenistan TM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 13.031 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 13.031 USD bn in 2015 and a record low of 13.031 USD bn in 2015. Turkmenistan TM: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Turkmenistan – Table TM.World Bank.WDI: Gross Domestic Product: Real. Services correspond to ISIC divisions 45-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;