Current Account in Turkmenistan

Turkmenistan Current Account | Economic News & Forecasts

Turkmenistan - Current Account

A preliminary estimate put growth for 2018 at 6.2%, a tad below the previous year’s print (2017: +6.5% year-on-year), as high inflation seems to have moderated household spending. Nevertheless, sturdy industrial production and buoyant exports likely supported growth last year. Looking at Q1, the external sector appears to be benefiting from higher oil prices and renewed trade relations with Russia. In addition, on 31 January, Pakistani officials assured their commitment to begin construction works of their segment of the TAPI gas pipeline in March, which is slanted to come online in 2020 and should boost Turkmen exports.

Turkmenistan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-7.4  -6.1  -15.5  -19.1  -     

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Turkmenistan Current Account Chart

Turkmenistan Current Account
Note: Current account balance as % of GDP.
Source: IMF

Turkmenistan Facts

Exchange Rate3.500.01 %Mar 11

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