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Turkmenistan GDP

Turkmenistan's GDP rose to $64.24 billion in 2024, up from $60.63 billion in 2023, according to World Bank. This represents an increase of 6% ($3.61 billion) from the previous year and accounts for 0.06% of the world's total GDP. Turkmenistan has GDP higher than the global median ($64.24 billion vs median $35.85 billion). Compared with the median in Asia, Turkmenistan is lower ($64.24 billion vs regional median $98.96 billion) and ranks 27th out of 47 countries in Asia.

Turkmenistan's GDP per capita rose to $7,919.01 in 2024, up from $7,880.45 in 2023.

Yearly Historical Data (1987-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 64.24
2023 60.63
2022 58.97
2021 50.01
2020 45.82
2019 45.23
2018 40.77
2017 37.93
2016 36.17
2015 35.8
2014 43.52
2013 39.2
2012 35.16
2011 29.23
2010 22.58
2009 20.21
2008 19.27
2007 12.66
2006 10.28
2005 8.1
2004 6.84
2003 5.98
2002 4.46
2001 3.53
2000 2.9
1999 2.45
1998 2.61
1997 2.45
1996 2.38
1995 2.48
1994 2.56
1993 3.18
1992 3.2
1991 3.21
1990 3.19
1989 3.01
1988 3.01
1987 2.33
Turkmenistan GDP : Definition
GDP measures the total value of all goods and services produced in Turkmenistan, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.26% 6.3% 2024
GDP per Capita $7,919.01 $7,880.45 2024
GDP per Capita PPP $17,953.85 $17,866.4 2024
R&D Expenditure (% GDP) 0.14% 0.1% 2022
Real GDP $59.35B $58.04B 2024