Turkmenistan Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Turkmenistan's current account balance was 2.34% in 2025, ranked 46th globally. This represents a 46.7% decrease from 2024. Data from World Bank, covering 1996–2025.
Overview
Turkmenistan's current account balance stood at 2.34% in 2025, a decline of +2.05% from 2024. The IMF projects 2.34% by 2025. Turkmenistan ranked 46th globally.
Turkmenistan’s current‑account balance has risen modestly to a surplus of 2.34 % of GDP in 2025, placing the country 46th globally, and remains well below the all‑time peak of 17.76 % recorded in 2008 during a period of strong hydrocarbon export earnings. The balance’s lowest point occurred in 1998, when a deficit of –35.04 % reflected the post‑Soviet transition and weak export performance. Over the 30‑year series, the trajectory shows a gradual shift from large deficits toward modest surpluses, mirroring the expansion of gas production and diversification of trade partners. Compared with peers of similar rank, Turkmenistan’s surplus is slightly lower than Spain’s 2.65 % and Nauru’s 2.71 % but higher than Lithuania’s 2.08 %, indicating a competitive position among small‑to‑medium economies. Continued investment in downstream gas processing and broader export markets will be crucial to sustain the upward trend and move the balance closer to the levels seen during its 2008 peak.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -3.58% | - | - |
| 2029* IMF | -2.53% | - | - |
| 2028* IMF | -1.28% | - | - |
| 2027* IMF | -0.49% | - | - |
| 2026* IMF | 0.74% | - | - |
| 2025* IMF | 2.34% | - | - |
| 2025 | 2.34% | −2.05% | #46 |
| 2024 | 4.39% | −1.53% | #152 |
| 2023 | 5.92% | −3.75% | #165 |
| 2022 | 9.67% | +5.10% | #166 |
| 2021 | 4.56% | +5.91% | #156 |
| 2020 | -1.35% | −4.79% | #102 |
| 2019 | 3.44% | −3.98% | #152 |
| 2018 | 7.41% | +23.82% | #169 |
| 2017 | -16.40% | +10.40% | #13 |
| 2016 | -26.81% | −5.79% | #5 |
| 2015 | -21.02% | −11.58% | #7 |
| 2014 | -9.44% | +1.38% | #32 |
| 2013 | -10.82% | −9.00% | #32 |
| 2012 | -1.82% | −0.63% | #113 |
| 2011 | -1.19% | +13.47% | #124 |
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's current account balance was 2.34% in 2025. Ranked 46th globally. This represents a 46.7% decrease from the previous year.
Turkmenistan's current account balance peaked at 17.76% in 2008.
The lowest current account balance in Turkmenistan was -35.04% in 1998.
Turkmenistan ranks 46th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Turkmenistan's current account balance is projected to reach 2.34% by 2025 based on IMF projection.
The current account balance of Turkmenistan in 2025 was 2.34%. This ranks 46th in the world.
Cite this page
@misc{historysaid_turkmenistan_current-account,
title = {Turkmenistan Current Account Balance},
url = {https://historysaid.com/turkmenistan/current-account/},
publisher = {HistorySaid},
year = {2026}
}