GDP in Turkmenistan
Turkmenistan - GDPThe economy approached year-end on a solid footing, with the latest figures showing solid growth into Q4 on the back of sturdy industrial gains and buoyant exports. On the external front, improved oil and gas receipts, coupled with import restrictions, look to have enabled a year-end reduction of the current-account deficit. However, growth should ease in the near-term as officials slash government spending in their efforts to transition to a more market-driven economy. The move is part of the government’s seven-year development plan aimed at reducing dependence on hydrocarbons, by diversifying industrial output through private-sector initiatives.
Turkmenistan - GDP Data
|Economic Growth (GDP, annual variation in %)||10.2||10.3||6.5||6.2||6.5|
5 years of economic forecasts for more than 30 economic indicators.
Turkmenistan GDP Chart
Source: State Statistical Committee of Turkmenistan (SSCT).
|Exchange Rate||3.50||0.01 %||Jan 30|
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