Turkmenistan GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Turkmenistan's gdp growth was 2.32% in 2025, ranked 126th globally. This represents a 63.2% decrease from 2024. Data from World Bank, covering 1988–2025.
Overview
Turkmenistan's gdp growth stood at 2.32% in 2025, a decline of +3.98pp from 2024. The IMF projects 2.32% by 2025. Turkmenistan ranked 126th globally.
Turkmenistan’s real GDP growth has slowed dramatically from the 35.38 % surge recorded in 1990, a post‑Soviet boom that remains the nation’s all‑time peak, to a modest 2.32 % in 2025, placing it 126th globally. The sharpest contraction occurred in 1994 when output fell by 17.30 % amid the economic dislocation that followed independence, marking the deepest trough in the 38‑year series. Recent performance aligns closely with peers such as Serbia (2.38 %) and Czechia (2.30 %), suggesting that Turkmenistan’s growth is now comparable to other emerging economies rather than the rapid expansion of the early 1990s. The persistent low‑growth environment reflects structural constraints in the hydrocarbon‑dependent economy, limited diversification, and modest private‑sector development. Future improvements will likely depend on reforms that broaden the fiscal base, attract foreign investment, and enhance productivity, which could lift the growth trajectory above its current plateau.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.31% | - | - |
| 2029* IMF | 2.29% | - | - |
| 2028* IMF | 2.31% | - | - |
| 2027* IMF | 2.33% | - | - |
| 2026* IMF | 2.33% | - | - |
| 2025* IMF | 2.32% | - | - |
| 2025 | 2.32% | −3.98pp | #126 |
| 2024 | 6.30% | +2.07pp | #20 |
| 2023 | 6.30% | +2.99pp | #23 |
| 2022 | 6.20% | −3.63pp | #57 |
| 2021 | 6.20% | +7.82pp | #83 |
| 2020 | 5.90% | +0.81pp | #4 |
| 2019 | 6.30% | +1.47pp | #24 |
| 2018 | 6.20% | +1.85pp | #32 |
| 2017 | 6.50% | +2.83pp | #27 |
| 2016 | 6.20% | +5.36pp | #34 |
| 2015 | 6.50% | +1.27pp | #25 |
| 2014 | 10.30% | +0.14pp | #4 |
| 2013 | 10.20% | −6.67pp | #9 |
| 2012 | 11.10% | −10.41pp | #7 |
| 2011 | 14.70% | −2.45pp | #4 |
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's gdp growth was 2.32% in 2025. Ranked 126th globally. This represents a 63.2% decrease from the previous year.
Turkmenistan's gdp growth peaked at 35.38% in 1990.
The lowest gdp growth in Turkmenistan was -17.30% in 1994.
Turkmenistan ranks 126th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Turkmenistan's gdp growth is projected to reach 2.32% by 2025 based on IMF projection.
The gdp growth of Turkmenistan in 2025 was 2.32%. This ranks 126th in the world.
Cite this page
@misc{historysaid_turkmenistan_gdp-growth,
title = {Turkmenistan GDP Growth},
url = {https://historysaid.com/turkmenistan/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}