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Turkmenistan

Turkmenistan Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Turkmenistan; country and population overview

 
 
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Central bank

N/A

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International Reserves

N/A

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Gross Domestic Product - GDP

US$41.851 billion (2014)

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GDP (Purchasing Power Parity)

N/A

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Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
17.1% 14.7% 13% 11% 11.1% 14.7% 6.1% 9.2%
2011 2012 2013 2014*        
14.7% 11.1% 10.2% N/A        

*Estimate

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GDP per capita - current prices

US$ 4,987 (2013 estimate)

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GDP per capita - PPP

14,001 International Dollars (2013 estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
N/A N/A 0.02% 0.05%

0.07%

*Estimate

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GDP - composition by sector
  • agriculture: 7.2% 
  • industry: 24.4% 
  • services: 68.4% (2013 estimate)
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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2011 2012 2013 2014*
5.3% 5.3% 6.7% 5.7%

*Estimate

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Unemployment rate
2011 2012 2013 2014
N/A N/A N/A N/A

 

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
4.1% 10.1% 18.1% 20.7% 15.8%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
2.1%% 3.7% 6.4% 0.2% -0.3%

*Estimate   

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Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

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Market value of publicly traded shares
2011 2012 2013
N/A N/A N/A
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Largest companies in Turkmenistan

N/A

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Current account balance

US$-511 million (2014 estimate)

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Current account balance by percentage of GDP

-1.1% of GDP (2014 estimate)

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Exports as percent of GDP(Exports of goods and services)

73% (2012)

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Shares in world total merchandising export

0.1% (2013)

 

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Shares in world total commercial services export

N/A

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Total exports

US$17.13 billion (2013 estimate) 

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Export commodities

gas, crude oil, petrochemicals, textiles, cotton fiber

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Total imports

US$12.48 billion (2013 estimate) 

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Import commodities

machinery and equipment, chemicals, foodstuffs

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Exports - major partners

China 69.6%, Italy 4.7% (2012)

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Imports - major partners

China 19.5%, Turkey 17%, Russia 12.6%, UAE 6.8%, Ukraine 6%, Germany 4.7%, UK 4.2% (2012)

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FDI inflows
2011 2012 2013
US$3,399 million US$3,117 million US$3,067 million
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FDI outflows
2011 2012 2013  
N/A N/A N/A  
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Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
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Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

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Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

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Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: N/A

Subcategories:

Starting a business: N/A(2009)

Enforcing Contracts: N/A

Registering Property: N/A

Getting credit: N/A

Protecting investors: N/A

Trading across border: N/A

Paying Taxes: N/A

Dealing with Construction Permits: N/A

Getting Electricity: N/A

Resolving Insolvency: N/A

(2013)

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Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

 

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Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 171 Score: 42.2 (Repressed) (2014)

(100=totally free 0=totally repressed )

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Time zone

UTC+5

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Total area

488,100 sq km

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Capital

Ashgabat (Ashkhabad)

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Currency

Turkmen manat (TMM)

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Government type

defines itself as a secular democracy and a presidential republic; in actuality displays authoritarian presidential rule with power concentrated within the presidential administration

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Languages

Turkmen (official) 72%, Russian 12%, Uzbek 9%, other 7%

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Religions

Muslim 89%, Eastern Orthodox 9%, unknown 2%

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Total population
1980 1990 2000 2014* 2019**
N/A N/A 4.64 million 5.80 million 6.27 million

*Estimate    **Forecast

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Urban population as % of total population
1960 1980 2000 2013
46.4% 47% 46% 49%
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Population median age

26.6 years (2014)

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Population growth rate

1.14% (2014)

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Life expectancy

69.47 years (2014)

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Adult literacy

99.6% (2011)

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% of population living on less than $2 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A
 

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Freedom House rating

Political Rights: 7
Civil Liberties: 7 (2014)

(1 represents the most free, 7 the least free)

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Total telephone subscribers as % of population

Fixed  11.5%  Mobile 116.9%
(2013)

(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

9.6% (2013)

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Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Ashkhabad: 198th (2014)

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CO2 emissions(Metric tons of CO2 per capita)

10.5 (2010)
 

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