Current account balance (credit less debit), Percent of GDP (Balance) in Turkmenistan
Turkmenistan: Current account balance (credit less debit), Percent of GDP (Balance) was -3.58 in 2030. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Turkmenistan, 2009–2030
Source: International Monetary Fund.
Analysis
Turkmenistan recorded -3.58 for current account balance (credit less debit), percent of gdp (balance) in 2030.
The figure is down 41.8% on the previous year and down 165.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Turkmenistan peaked at 9.67 in 2022 and was at its lowest, -26.81, in 2016.
Turkmenistan ranks 19th of 32 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.
Current account balance (credit less debit), Percent of GDP (Balance) in Turkmenistan, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | -20.8 | — |
| 2010 | -14.66 | -29.5% |
| 2011 | -1.19 | -91.9% |
| 2012 | -1.82 | +52.6% |
| 2013 | -10.82 | +494.2% |
| 2014 | -9.44 | -12.7% |
| 2015 | -21.02 | +122.6% |
| 2016 | -26.81 | +27.5% |
| 2017 | -16.4 | -38.8% |
| 2018 | 7.41 | -145.2% |
| 2019 | 3.44 | -53.7% |
| 2020 | -1.35 | -139.3% |
| 2021 | 4.56 | -438.0% |
| 2022 | 9.67 | +111.8% |
| 2023 | 5.92 | -38.8% |
| 2024 | 4.39 | -25.8% |
| 2025 | 2.34 | -46.7% |
| 2026 | 0.7409 | -68.3% |
| 2027 | -0.4925 | -166.5% |
| 2028 | -1.28 | +159.3% |
| 2029 | -2.52 | +97.7% |
| 2030 | -3.58 | +41.8% |
Turkmenistan compared with similar countries
- Turkmenistan's -3.58 is below the median for upper middle income countries, which is -2.68, 1.3× the median. (10 countries reporting)
- Turkmenistan's -3.58 is above the median for Europe & Central Asia, which is -3.95, 91% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -20.8 | -20.8 | -20.8 | 1 |
| 2010s | -9.13 | -26.81 | 7.41 | 10 |
| 2020s | 2.2 | -2.52 | 9.67 | 10 |
| 2030s | -3.58 | -3.58 | -3.58 | 1 |
Countries ranked near Turkmenistan
More financial sector data for Turkmenistan
- Gold reserves at 35 SDRs per ounce 0 SDR (1999)
- Gold reserves at market value 0 SDR (1999)
- Reserves excluding gold, foreign exchange 1.10 billion SDR (1999)
- Reserves excluding gold 1.10 billion SDR (1999)
- Total reserves (gold at market value) 1.10 billion SDR (1999)
- Total reserves (gold at national valuation) 1.10 billion SDR (1999)
- Total reserves (gold at national valuation) (SDR), per capita 245.4 SDR per person (1999)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.8 % change on previous year (1999)
- Total reserves (gold at market value) (SDR), per capita 245.4 SDR per person (1999)
- Total reserves (gold at market value) (SDR), annual growth rate 12.8 % change on previous year (1999)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Turkmenistan?
- Current account balance (credit less debit), percent of gdp (balance) in Turkmenistan was -3.58 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Turkmenistan?
- The highest recorded value was 9.67 in 2022.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Turkmenistan?
- The lowest recorded value was -26.81 in 2016.
- How does Turkmenistan rank for current account balance (credit less debit), percent of gdp (balance)?
- Turkmenistan ranks 19th out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Turkmenistan?
- Over the last ten years it is down 165.2%. The long-run trend across the full record is volatile.
- Where does this Turkmenistan data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.