Turkmenistan Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Turkmenistan's foreign reserves was $1.5B in 1999, ranked 74th globally. This represents a 10.0% increase from 1998. Data from World Bank, covering 1993–1999.
Overview
Turkmenistan's foreign reserves stood at $1.5B in 1999, a rise of +$137.0M from 1998. Turkmenistan ranked 74th globally.
Turkmenistan’s foreign exchange reserves more than doubled between 1993 and 1999, rising from 799,006,867.79 to a 1999 peak of 1,513,006,832.37, which placed the country 74th globally and slightly above Yemen’s 1,485,966,624.73 reserve level in the same year. The steep accumulation occurred during the late‑1990s, a period when the Turkmen government pursued extensive hydrocarbon export contracts and modest diversification of its currency holdings. While the growth outpaced that of Bangladesh, whose 1999 reserves stood at 1,634,375,949.13, Turkmenistan’s total remained below Sri Lanka’s 1,653,729,058.42, reflecting a more constrained external financing base. The upward trajectory suggests that continued expansion of gas export volumes and prudent reserve‑management policies could sustain reserve growth, but any sharp decline in commodity prices or external debt pressures would likely reverse the trend.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 1999 | $1.5B | +$137.0M | #74 |
| 1998 | $1.4B | +$120.0M | #76 |
| 1997 | $1.3B | +$87.0M | #78 |
| 1996 | $1.2B | +$999,760 | #75 |
| 1995 | $1.2B | +$239.0M | #74 |
| 1994 | $929.0M | +$130.0M | #76 |
| 1993 | $799.0M | – | #73 |
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's foreign reserves was $1.5B in 1999. Ranked 74th globally. This represents a 10.0% increase from the previous year.
Turkmenistan's foreign reserves peaked at $1.5B in 1999.
The lowest foreign reserves in Turkmenistan was $799.0M in 1993.
Turkmenistan ranks 74th globally in foreign reserves as of 1999.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Turkmenistan's foreign reserves was approximately 1.51 billion ($1.5B) in 1999.
The foreign reserves of Turkmenistan in 1999 was $1.5B. This ranks 74th in the world.
Cite this page
@misc{historysaid_turkmenistan_reserves,
title = {Turkmenistan Foreign Reserves},
url = {https://historysaid.com/turkmenistan/reserves/},
publisher = {HistorySaid},
year = {2026}
}