Turkmenistan GDP Growth Rate (2026)
Turkmenistan has a Central Asian economy supported by natural gas, industry, public investment, and domestic consumption. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.6%
Annual real GDP growth
World Rank
#111
Out of 195 countries
Change vs 2025
-1.0 pp
2025: +3.6%
Asia Rank
#36
Out of 49 countries
1. Turkmenistan GDP Growth Rate in 2026
Turkmen economic growth is strongly influenced by natural gas production, exports, government spending, and infrastructure investment. Energy demand from major trading partners remains especially important.
2. Turkmenistan GDP Growth Rate Trends (1993–2026)
Turkmenistan’s growth history has been shaped by hydrocarbon development, state-led investment, and large infrastructure projects. Natural gas exports remain central to the economy.
3. Turkmenistan GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.6% | -1.0 pp |
| 2025 | +3.6% | +0.2 pp |
| 2024 | +3.4% | -0.9 pp |
| 2023 | +4.3% | +1.0 pp |
| 2022 | +3.3% | -6.6 pp |
| 2021 | +9.9% | +11.5 pp |
| 2020 | -1.6% | -6.7 pp |
| 2019 | +5.1% | +0.3 pp |
| 2018 | +4.8% | +0.5 pp |
| 2017 | +4.3% | +0.6 pp |
| 2016 | +3.7% | +2.9 pp |
| 2015 | +0.8% | -4.4 pp |
| 2014 | +5.2% | -5.0 pp |
| 2013 | +10.2% | -6.7 pp |
| 2012 | +16.9% | -4.6 pp |
| 2011 | +21.5% | +4.4 pp |
| 2010 | +17.1% | +11.0 pp |
| 2009 | +6.1% | -8.6 pp |
| 2008 | +14.7% | +3.6 pp |
| 2007 | +11.1% | +0.1 pp |
| 2006 | +11.0% | -2.0 pp |
| 2005 | +13.0% | -1.7 pp |
| 2004 | +14.7% | -2.4 pp |
| 2003 | +17.1% | +1.3 pp |
| 2002 | +15.8% | -4.6 pp |
| 2001 | +20.4% | +1.8 pp |
| 2000 | +18.6% | +2.1 pp |
| 1999 | +16.5% | +9.8 pp |
| 1998 | +6.7% | +18.0 pp |
| 1997 | -11.3% | -4.6 pp |
| 1996 | -6.7% | +0.5 pp |
| 1995 | -7.2% | +10.1 pp |
| 1994 | -17.3% | -7.3 pp |
| 1993 | -10.0% | — |
4. Turkmenistan GDP Growth Performance
Current Growth Rate
+2.6%
(2026 to 2026)
5-Year Average
+3.4%
(2022 to 2026)
10-Year Average
+4.0%
(2017 to 2026)
20-Year Average
+7.4%
(2007 to 2026)
The economy benefits from substantial energy resources and long-term export contracts. Limited diversification and restricted private-sector development can constrain broader growth.
5. Turkmenistan GDP Growth Rate vs Asia and World
Turkmenistan
+2.6%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Turkmenistan’s GDP growth rate is approximately
0.2 pp
above the
Asia average
and
0.2 pp
below the world average.
6. Turkmenistan GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #33 | Nepal | +3.0% |
| #34 | Cyprus | +3.0% |
| #35 | Jordan | +2.8% |
| #36 | Brunei | +2.6% |
| #37 | Turkmenistan | +2.6% |
| #38 | Azerbaijan | +2.2% |
| #39 | South Korea | +1.9% |
| #40 | Thailand | +1.5% |
| #41 | Japan | +0.7% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Turkmenistan
Turkmenistan GDP (Nominal)
$83.1 Billion
(2026)
Turkmenistan GDP Growth Rate
+2.6%
(2026)
Turkmenistan’s performance can differ significantly from regional averages because energy exports dominate economic activity. Gas demand and major state projects have a strong influence on growth.
Explore more:
Turkmenistan GDP
9. Turkmenistan GDP Growth Rate Forecast
The outlook depends on natural gas exports, infrastructure, investment, and diversification. Commodity dependence and limited economic openness remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.0% | -0.6 pp |
| 2028 | +2.3% | +0.3 pp |
| 2029 | +2.3% | 0.0 pp |
| 2030 | +2.3% | 0.0 pp |
10. Turkmenistan GDP Growth Rate: Key Findings
Turkmenistan GDP growth rate is estimated at +2.6% in 2026.
It ranks #111 globally and #36 in Asia by annual GDP growth rate.
The growth rate slowed by 1.0 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.4%.
The 10-year average GDP growth rate is +4.0%.
The current rate is 0.2 percentage points above the Asia average.
The current rate is 0.2 percentage points below the world average.
The forecast GDP growth rate is +2.3% in 2030, 0.3 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Turkmenistan GDP Growth Rate FAQs
Turkmenistan GDP growth rate is estimated at +2.6% in 2026.
Turkmenistan ranks #111 globally and #36 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.6% in 2026.
Turkmenistan GDP growth rate was +0.8% in 2015.
Turkmenistan GDP growth rate is 0.2 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.