Inflation in Turkmenistan

Turkmenistan Inflation | Economic News & Forecasts

Turkmenistan - Inflation

Low gas prices since the end of Q1 2014, the halt of gas sales to Russia in 2016–2019 and poor harvests hurled the economy into crisis. Despite the resumption of energy exports to Russia in April this year, the economy remains under severe pressure. In a bid to keep the overvalued manat afloat, the government imposed strict import controls. This has led to widespread food shortages, which have consequently kept inflation stubbornly high, exacerbated further by the government scrapping free utilities. The controls have also limited the availability of hard currencies. Moreover, gas exports to Iran have often been suspended over price disputes, while the Central Asia-China pipeline, through which Turkmenistan exports gas to China—the nation’s biggest export market—operates close to maximum capacity.

Turkmenistan - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)6.8  6.0  7.4  3.6  8.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Turkmenistan Inflation Chart

Turkmenistan Inflation
Note: Inflation, annual variation of consumer price index (CPI) in % (aop).
Source: IMF

Turkmenistan Facts

Exchange Rate3.500.01 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form