Turkmenistan Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Turkmenistan's debt service was 22.11% in 1997, ranked 74th globally. This represents a 116.9% increase from 1996. Data from World Bank, covering 1996–1997.
Overview
Turkmenistan's debt service stood at 22.11% in 1997, a rise of +11.92% from 1996. Turkmenistan ranked 74th globally.
Turkmenistan’s debt‑service burden rose sharply between 1996 and 1997, climbing from 10.20 to 22.11, a level that placed the country 74th in the world in the latter year. The 1997 figure of 22.11 represents both the latest observation and the all‑time peak for the two‑year series, more than doubling the 1996 trough of 10.20. This rapid escalation aligns Turkmenistan with peers such as Türkiye, whose 22.30 rank and Guinea’s 21.22 illustrate that the Central Asian state now faces a debt‑service intensity comparable to middle‑income economies rather than its regional counterparts. The steep increase suggests heightened fiscal pressure, likely driven by expanding external borrowing or rising interest costs during the mid‑1990s. If revenue growth does not keep pace with debt obligations, the upward trajectory could persist, but a concerted effort to improve fiscal balances or restructure liabilities would be required to reverse the trend.
Data & projection
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's debt service was 22.11% in 1997. Ranked 74th globally. This represents a 116.9% increase from the previous year.
Turkmenistan's debt service peaked at 22.11% in 1997.
The lowest debt service in Turkmenistan was 10.20% in 1996.
Turkmenistan ranks 74th globally in debt service as of 1997.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
The debt service of Turkmenistan in 1997 was 22.11%. This ranks 74th in the world.
Cite this page
@misc{historysaid_turkmenistan_debt-service,
title = {Turkmenistan Debt Service},
url = {https://historysaid.com/turkmenistan/debt-service/},
publisher = {HistorySaid},
year = {2026}
}