Turkmenistan Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Turkmenistan's inflation rate was 3.89% in 2025, ranked 70th globally. This represents a 15.0% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Turkmenistan's inflation rate stood at 3.89% in 2025, a decline of +0.69pp from 2024. The IMF projects 3.89% by 2025. Turkmenistan ranked 70th globally.
Turkmenistan’s inflation rate has fallen dramatically from an all‑time peak of 3102.40 % in 1993 to a modest 3.89 % in 2025, placing the country at rank 70 globally and aligning it closely with peers such as Paraguay (3.89 %) and North Macedonia (3.90 %). The sharp decline unfolded over a 33‑year span, with the lowest recorded figure of –2.67 % occurring in 2009, a brief deflationary episode that followed the severe hyperinflation of the early 1990s. The post‑2009 period saw a gradual stabilization as monetary reforms, tighter fiscal discipline, and a more predictable exchange‑rate regime curbed price volatility, bringing inflation into the low‑single‑digit range. Continued adherence to prudent macro‑policy, coupled with diversification away from volatile commodity revenues, would be required to sustain the current low‑inflation trajectory and avoid a reversal toward higher price growth.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 8.00% | - | - |
| 2029* IMF | 8.00% | - | - |
| 2028* IMF | 8.00% | - | - |
| 2027* IMF | 7.00% | - | - |
| 2026* IMF | 5.00% | - | - |
| 2025* IMF | 3.89% | - | - |
| 2025 | 3.89% | −0.69pp | #70 |
| 2024 | 4.58% | +6.17pp | #134 |
| 2023 | -1.59% | −12.80pp | #2 |
| 2022 | 11.21% | −8.27pp | #139 |
| 2021 | 19.48% | +13.38pp | #183 |
| 2020 | 6.10% | +1.01pp | #163 |
| 2019 | 5.09% | −8.21pp | #160 |
| 2018 | 13.30% | +5.26pp | #184 |
| 2017 | 8.04% | +4.40pp | #171 |
| 2016 | 3.65% | −3.76pp | #141 |
| 2015 | 7.41% | +1.40pp | #172 |
| 2014 | 6.01% | −0.81pp | #157 |
| 2013 | 6.81% | +1.50pp | #166 |
| 2012 | 5.31% | +0.04pp | #134 |
| 2011 | 5.28% | +0.83pp | #118 |
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's inflation rate was 3.89% in 2025. Ranked 70th globally. This represents a 15.0% decrease from the previous year.
Turkmenistan's inflation rate peaked at 3,102.40% in 1993.
The lowest inflation rate in Turkmenistan was -2.67% in 2009.
Turkmenistan ranks 70th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Turkmenistan's inflation rate is projected to reach 3.89% by 2025 based on IMF projection.
The inflation rate of Turkmenistan in 2025 was 3.89%. This ranks 70th in the world.
Cite this page
@misc{historysaid_turkmenistan_inflation-rate,
title = {Turkmenistan Inflation Rate},
url = {https://historysaid.com/turkmenistan/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}