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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

ASIA & MIDDLE EAST · COUNTRY REFERENCE

Turkmenistan

UN member stateISO TM / TKMTMT

Written and compiled by American Business Capital Group Inc.

Turkmenistan on the world mapThe highlighted shape or point locates the selected country or entity. Borders are a geographic reference, not a statement on sovereignty.FijiUnited Republic of TanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussian FederationBahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBolivia (Plurinational State of)PeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuela (Bolivarian Republic of)GuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôte d'IvoireGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarState of PalestineGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao People's Democratic RepublicMyanmarViet NamNorth KoreaSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChinaTaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCYNCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanÅland IslandsAmerican SamoaAndorraAnguillaAntigua and BarbudaArubaBahrainBarbadosBermudaBonaire, Sint Eustatius and SabaBouvet IslandBritish Indian Ocean TerritoryBritish Virgin IslandsCabo VerdeCayman IslandsChristmas IslandCocos (Keeling) Islands (The)ComorosCook IslandsCuraçaoDominicaFaroe IslandsFrench GuianaFrench PolynesiaFrench Southern TerritoriesGibraltarGrenadaGuadeloupeGuamGuernseyHeard Island and McDonald IslandsHoly SeeHong KongIsle of ManJerseyKiribatiLiechtensteinMacauMaldivesMaltaMarshall IslandsMartiniqueMauritiusMayotteMicronesia (Federated States of)MonacoMontserratNaoeroNiueNorfolk IslandNorthern Mariana IslandsPalauPitcairn IslandsRéunionSaint BarthélemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSeychellesSingaporeSint MaartenSouth Georgia and the South Sandwich IslandsSvalbard and Jan MayenTokelauTongaTurks and Caicos IslandsTuvaluUnited States Minor Outlying IslandsUS Virgin IslandsWallis and Futuna

Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

World Bank reporting entity: Turkmenistan · 3 of 3 indicators available.

Population

7,618,847

people

observation

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Received value: 7618847 people. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

$49.83 billion

current US$

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 49828621355.6516 current US$. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

$6,540

current US$ per person

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 6540.17876401136 current US$ per person. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Turkmenistan at a glance

Archive edition 2025

These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

presidential republic; authoritarian

archive edition 2025Source ↗

Population

total: 5,744,151 (2024 est.) male: 2,842,870 female: 2,901,281

2024 source periods; archive edition 2025Source ↗

Area

total : 488,100 sq km land: 469,930 sq km water: 18,170 sq km

archive edition 2025Source ↗

Real GDP (purchasing power parity)

$134.555 billion (2024 est.) $131.576 billion (2023 est.) $123.778 billion (2022 est.) note: data in 2017 dollars

2024, 2023, 2022, 2017 source periods; archive edition 2025Source ↗

GDP (official exchange rate)

$64.24 billion (2024 est.) note: data in current dollars at official exchange rate

2024 source periods; archive edition 2025Source ↗

Real GDP growth rate

2.3% (2024 est.) 6.3% (2023 est.) 6.2% (2022 est.) note: annual GDP % growth based on constant local currency

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Real GDP per capita

$18,000 (2024 est.) $17,900 (2023 est.) $17,100 (2022 est.) note: data in 2017 dollars

2024, 2023, 2022, 2017 source periods; archive edition 2025Source ↗

Inflation rate (consumer prices)

11.5% (2022 est.) 19.5% (2021 est.) 6.1% (2020 est.) note: annual % change based on consumer prices

2022, 2021, 2020 source periods; archive edition 2025Source ↗

Unemployment rate

4.4% (2024 est.) 4.1% (2023 est.) 4.2% (2022 est.) note: % of labor force seeking employment

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Labor force

2.445 million (2024 est.) note: number of people ages 15 or older who are employed or seeking work

2024 source periods; archive edition 2025Source ↗

Public debt

24.1% of GDP (2016 est.)

2016 source periods; archive edition 2025Source ↗

Budget

revenues: $5.954 billion (2019 est.) expenditures: $6.134 billion (2019 est.)

2019 source periods; archive edition 2025Source ↗

Exports

$13.111 billion (2023 est.) $14.67 billion (2022 est.) $10.282 billion (2021 est.) note: GDP expenditure basis - exports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Imports

$7.563 billion (2023 est.) $7.362 billion (2022 est.) $6.25 billion (2021 est.) note: GDP expenditure basis - imports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Debt - external

$3.696 billion (2023 est.) note: present value of external debt in current US dollars

2023 source periods; archive edition 2025Source ↗

Electricity access

electrification - total population: 100% (2022 est.)

2022 source periods; archive edition 2025Source ↗

Internet users

percent of population: 21% (2017 est.)

2017 source periods; archive edition 2025Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

31 sections · archive 2025

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

31 of 31 sections

Location

Central Asia, bordering the Caspian Sea, between Iran and Kazakhstan

archive edition 2025 · Archive source ↗

Capital

name: Ashgabat (Ashkhabad) geographic coordinates: 37 57 N, 58 23 E time difference: UTC+5 (10 hours ahead of Washington, DC, during Standard Time) etymology: derived from the Turkmen words ushq , meaning "love," and abad , meaning "inhabited place" or "town;" the city was originally a military outpost built in 1881 that took its name from an ancient settlement on the site

archive edition 2025 · Archive source ↗

Economic overview

upper-middle-income Central Asian economy; houses fourth-largest natural gas reserves and rich in natural resources; authoritarian and dominated by state-owned enterprises; challenges include overvalued currency, high inflation risks, lack of economic diversification due to heavy state control and bureaucracy

archive edition 2025 · Archive source ↗

Natural resources

petroleum, natural gas, sulfur, salt

archive edition 2025 · Archive source ↗

Agricultural products

milk, wheat, potatoes, cotton, watermelons, tomatoes, grapes, barley, beef, lamb/mutton (2023) note: top ten agricultural products based on tonnage

2023 source periods; archive edition 2025 · Archive source ↗

Industries

natural gas, oil, petroleum products, textiles, food processing

archive edition 2025 · Archive source ↗

Exports - partners

China 63%, Turkey 11%, Greece 7%, Uzbekistan 6%, Azerbaijan 4% (2023) note: top five export partners based on percentage share of exports

2023 source periods; archive edition 2025 · Archive source ↗

Exports - commodities

natural gas, refined petroleum, fertilizers, crude petroleum, electricity (2023) note: top five export commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Imports - partners

Turkey 21%, UAE 21%, China 20%, Kazakhstan 8%, Germany 5% (2023) note: top five import partners based on percentage share of imports

2023 source periods; archive edition 2025 · Archive source ↗

Imports - commodities

broadcasting equipment, cars, wheat, computers, iron pipes (2023) note: top five import commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Climate

subtropical desert

archive edition 2025 · Archive source ↗

Terrain

flat-to-rolling sandy desert with dunes rising to mountains in the south; low mountains along border with Iran; borders Caspian Sea in west

archive edition 2025 · Archive source ↗

Land use

agricultural land: 84.2% (2023 est.) arable land: 3.4% (2023 est.) permanent crops: 0.1% (2023 est.) permanent pasture: 80.8% (2023 est.) forest: 5% (2023 est.) other: 10.7% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Natural hazards

earthquakes; mudslides; droughts; dust storms; floods

archive edition 2025 · Archive source ↗

Languages

Turkmen (official) 72%, Russian 12%, Uzbek 9%, other 7% major-language sample(s): D n Faktlar Kitaby esasy maglumatlaryň wajyp eşmesidir (Turkmen) The World Factbook, the indispensable source for basic information.

archive edition 2025 · Archive source ↗

Religions

Muslim 93%, Christian 6.4%, Buddhist 1%, folk religion 1%, Jewish 1%, other 1%, unspecified 1% (2020 est.)

2020 dates in source text; archive edition 2025 · Archive source ↗

Age structure

0-14 years: 24.5% (male 711,784/female 692,967) 15-64 years: 68.6% (male 1,956,740/female 1,984,333) 65 years and over: 6.9% (2024 est.) (male 174,346/female 223,981)

2024 dates in source text; archive edition 2025 · Archive source ↗

Urbanization

urban population: 54% of total population (2023) rate of urbanization: 2.23% annual rate of change (2020-25 est.)

2023, 2020 dates in source text; archive edition 2025 · Archive source ↗

Life expectancy at birth

total population: 72.4 years (2024 est.) male: 69.4 years female: 75.5 years

2024 dates in source text; archive edition 2025 · Archive source ↗

Literacy

total population: 99.9% (2022 est.) male: 99.9% (2022 est.) female: 99.9% (2022 est.)

2022 dates in source text; archive edition 2025 · Archive source ↗

Electricity

installed generating capacity: 6.512 million kW (2023 est.) consumption: 21.526 billion kWh (2023 est.) exports: 9 billion kWh (2023 est.) transmission/distribution losses: 3.258 billion kWh (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity generation sources

fossil fuels: 100% of total installed capacity (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Petroleum

total petroleum production: 272,000 bbl/day (2023 est.) refined petroleum consumption: 152,000 bbl/day (2023 est.) crude oil estimated reserves: 600 million barrels (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Natural gas

production: 84.277 billion cubic meters (2023 est.) consumption: 44.936 billion cubic meters (2023 est.) exports: 41.334 billion cubic meters (2023 est.) proven reserves: 11.327 trillion cubic meters (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Carbon dioxide emissions

106.215 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 100 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 18.062 million metric tonnes of CO2 (2023 est.) from consumed natural gas: 88.153 million metric tonnes of CO2 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Telephones - mobile cellular

total subscriptions: 6.25 million (2021 est.) subscriptions per 100 inhabitants: 99 (2021 est.)

2021 dates in source text; archive edition 2025 · Archive source ↗

Broadband - fixed subscriptions

total: 377,000 (2022 est.) subscriptions per 100 inhabitants: 5 (2022 est.)

2022 dates in source text; archive edition 2025 · Archive source ↗

Airports

23 (2025)

2025 dates in source text; archive edition 2025 · Archive source ↗

Railways

total: 5,113 km (2017) broad gauge: 5,113 km (2017) 1.520-m gauge

2017 dates in source text; archive edition 2025 · Archive source ↗

GDP - composition, by sector of origin

agriculture: 11.3% (2023 est.) industry: 39.3% (2023 est.) services: 49.4% (2023 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

2023 dates in source text; archive edition 2025 · Archive source ↗

Remittances

0% of GDP (2023 est.) 0% of GDP (2022 est.) 0% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities

2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

TMT

Turkmenistan New Manat

3.5

TMT per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 TMT = US$0.2857143

Daily reference historyOct 6, 2026 · 3.5 TMT
Sep 7, 2026: 3.5 TMT per US$1Sep 8, 2026: 3.5 TMT per US$1Sep 9, 2026: 3.5 TMT per US$1Sep 10, 2026: 3.5 TMT per US$1Sep 11, 2026: 3.5 TMT per US$1Sep 12, 2026: 3.5 TMT per US$1Sep 13, 2026: 3.5 TMT per US$1Sep 14, 2026: 3.5 TMT per US$1Sep 15, 2026: 3.5 TMT per US$1Sep 16, 2026: 3.5 TMT per US$1Sep 17, 2026: 3.5 TMT per US$1Sep 18, 2026: 3.5 TMT per US$1Sep 19, 2026: 3.5 TMT per US$1Sep 20, 2026: 3.5 TMT per US$1Sep 21, 2026: 3.5 TMT per US$1Sep 22, 2026: 3.5 TMT per US$1Sep 23, 2026: 3.5 TMT per US$1Sep 24, 2026: 3.5 TMT per US$1Sep 25, 2026: 3.5 TMT per US$1Sep 26, 2026: 3.5 TMT per US$1Sep 27, 2026: 3.5 TMT per US$1Sep 28, 2026: 3.5 TMT per US$1Sep 29, 2026: 3.5 TMT per US$1Sep 30, 2026: 3.5 TMT per US$1Oct 1, 2026: 3.5 TMT per US$1Oct 2, 2026: 3.5 TMT per US$1Oct 3, 2026: 3.5 TMT per US$1Oct 4, 2026: 3.5 TMT per US$1Oct 5, 2026: 3.5 TMT per US$1Oct 6, 2026: 3.5 TMT per US$1
Sep 7, 2026Oct 6, 2026

3.5–3.5 TMT per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateTMT per US$1
Oct 6, 20263.5
Oct 5, 20263.5
Oct 4, 20263.5
Oct 3, 20263.5
Oct 2, 20263.5
Oct 1, 20263.5
Sep 30, 20263.5
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Sep 28, 20263.5
Sep 27, 20263.5
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Sep 25, 20263.5
Sep 24, 20263.5
Sep 23, 20263.5
Sep 22, 20263.5
Sep 21, 20263.5
Sep 20, 20263.5
Sep 19, 20263.5
Sep 18, 20263.5
Sep 17, 20263.5
Sep 16, 20263.5
Sep 15, 20263.5
Sep 14, 20263.5
Sep 13, 20263.5
Sep 12, 20263.5
Sep 11, 20263.5
Sep 10, 20263.5
Sep 9, 20263.5
Sep 8, 20263.5
Sep 7, 20263.5

Daily references are not live execution prices. A check time does not change a source observation date.

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Official data & country reports

Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.

SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2025 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.