Fiscal Balance in Turkmenistan

Turkmenistan Fiscal Balance | Economic News & Forecasts

Turkmenistan - Fiscal Balance

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 - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)1.5  0.9  -0.7  -2.3  -     

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Turkmenistan Fiscal Balance Chart


Turkmenistan Fiscal
Note: Fiscal balance as % of GDP
Source: IMF

Turkmenistan Facts

ValueChangeDate
Exchange Rate3.500.01 %Mar 11

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