GDP growth (annual %) (UNESCO Institute) in Turkmenistan

Turkmenistan: GDP growth (annual %) (UNESCO Institute) was 2.3% in 2024. ◆ Volatile

Latest (2024)
2.3%
Change on year
down 64.1%
World rank
139th
of 212 countries
All-time high
35.4%
in 1990
All-time low
-17.3%
in 1994
Years of data
37
1988–2024

GDP growth in Turkmenistan, 1988–2024

-20020401988200620241988: 11 annual %1989: -4.3 annual %1990: 35.4 annual %1991: -4.6 annual %1992: -15 annual %1993: 1.5 annual %1994: -17.3 annual %1995: -7.2 annual %1996: 6.7 annual %1997: -11.4 annual %1998: 7.1 annual %1999: 16.5 annual %2000: 5.5 annual %2001: 4.3 annual %2002: 0.257 annual %2003: 3.3 annual %2004: 5 annual %2005: 13 annual %2006: 11 annual %2007: 11.1 annual %2008: 14.7 annual %2009: 6.1 annual %2010: 9.2 annual %2011: 14.7 annual %2012: 11.1 annual %2013: 10.2 annual %2014: 10.3 annual %2015: 6.5 annual %2016: 6.2 annual %2017: 6.5 annual %2018: 6.2 annual %2019: 6.3 annual %2020: 5.9 annual %2021: 6.2 annual %2022: 6.2 annual %2023: 6.3 annual %2024: 2.3 annual %

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Turkmenistan is 2.3%, measured in 2024.

That represents a change of down 64.1% on the previous year and down 78.0% over ten years.

Over the whole period, gdp growth in Turkmenistan peaked at 35.4% in 1990 and was at its lowest, -17.3%, in 1994.

Turkmenistan ranks 139th of 212 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP growth (annual %) (UNESCO Institute) in Turkmenistan, year by year

Annual values for GDP growth (annual %) in Turkmenistan, 1988 to 2024.
Year annual % Change
1988 11.0% —
1989 -4.3% -138.6%
1990 35.4% -931.5%
1991 -4.6% -113.0%
1992 -15.0% +225.0%
1993 1.5% -110.0%
1994 -17.3% -1253.3%
1995 -7.2% -58.4%
1996 6.7% -193.1%
1997 -11.4% -270.1%
1998 7.1% -162.3%
1999 16.5% +132.4%
2000 5.5% -66.9%
2001 4.3% -20.6%
2002 0.3% -94.1%
2003 3.3% +1171.0%
2004 5.0% +53.0%
2005 13.0% +160.7%
2006 11.0% -15.8%
2007 11.1% +0.8%
2008 14.7% +32.9%
2009 6.1% -58.5%
2010 9.2% +50.8%
2011 14.7% +59.8%
2012 11.1% -24.5%
2013 10.2% -8.1%
2014 10.3% +1.0%
2015 6.5% -36.9%
2016 6.2% -4.6%
2017 6.5% +4.8%
2018 6.2% -4.6%
2019 6.3% +1.6%
2020 5.9% -6.3%
2021 6.2% +5.1%
2022 6.2% +0.0%
2023 6.3% +1.6%
2024 2.3% -64.1%

Turkmenistan compared with similar countries

  • Turkmenistan's 2.3% is below the median for upper middle income countries, which is 3.3%, 68% of the median. (58 countries reporting)
  • Turkmenistan's 2.3% is below the median for Europe & Central Asia, which is 2.3%, 100% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) in Turkmenistan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 -1253.3% 1.5% -17.3%
2003 +1171.0% 0.3% 3.3%
1990 +931.5% -4.3% 35.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.4% -4.3% 11.0% 2
1990s 1.2% -17.3% 35.4% 10
2000s 7.4% 0.3% 14.7% 10
2010s 8.7% 6.2% 14.7% 10
2020s 5.4% 2.3% 6.3% 5

Countries ranked near Turkmenistan

  1. 136 Egypt 2.4% compare
  2. 137 Greece 2.3% compare
  3. 138 Afghanistan 2.3% compare
  4. 140 Bermuda 2.1% compare
  5. 141 Norway 2.1% compare
  6. 142 Tonga 2.1% compare

See the full ranking of 212 places →

More population data for Turkmenistan

All data for Turkmenistan →

Frequently asked questions

What is gdp growth in Turkmenistan?
Gdp growth in Turkmenistan was 2.3% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Turkmenistan?
The highest recorded value was 35.4% in 1990.
What is the lowest gdp growth recorded in Turkmenistan?
The lowest recorded value was -17.3% in 1994.
How does Turkmenistan rank for gdp growth?
Turkmenistan ranks 139th out of 212 countries with data for 2024.
Is gdp growth rising or falling in Turkmenistan?
Over the last ten years it is down 78.0%. The long-run trend across the full record is volatile.
Where does this Turkmenistan data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Turkmenistan. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/turkmenistan/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release