Turkmenistan GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$6,856.66

Source: world bank Nominal/PPP
Summary:

Turkmenistan GDP Per Capita expanded from 1987 to 2024, increasing from $675.22 to $6,856.66 .The compound annual growth rate (CAGR) averaged 6.47% over the period. The economy recorded its peak level in 2014 and its lowest level in 1999. Growth volatility remained high. The maximum drawdown reached 35.68%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.

Latest GDP Per Capita of Turkmenistan 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 6,856.66 dollars$ 21,213.09 Int dollars
Growth (YoY)10.025%6.981%
Net Change vs Previous Year$ 624.74 dollars$ 1,384.16 Int dollars
% of World GDP Per Capita6.18%10.62%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Turkmenistan GDP | Turkmenistan GDP Growth

Turkmenistan Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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1987675.22-----
1988845.93170.7125.282 %---
1989821.03-24.9-2.944 %---
1990848.1627.133.304 %5320.54--
1991832-16.16-1.905 %5117.43-203.11-3.817 %
1992811.35-20.64-2.481 %4350.53-766.89-14.986 %
1993788.42-22.94-2.827 %4422.1371.591.646 %
1994622.13-166.28-21.091 %3658.74-763.38-17.263 %
1995592.25-29.89-4.804 %3404.85-253.89-6.939 %
1996557.89-34.35-5.8 %3636.48231.636.803 %
1997565.027.131.278 %3222.38-414.1-11.387 %
1998590.7925.774.561 %3431.58209.26.492 %
1999545.52-45.27-7.663 %3980.65549.0816.001 %
2000633.8488.3216.189 %4208.67228.015.728 %
2001756.03122.219.279 %4401.3192.644.577 %
2002935.54179.5123.743 %4392.82-8.48-0.193 %
20031228.95293.4131.362 %4536.2143.373.264 %
20041379.23150.2812.228 %4798.15261.965.775 %
20051604.02224.7916.298 %5489.35691.1914.405 %
20061996.59392.5824.475 %6163.85674.512.288 %
20072414.96418.3720.954 %6901.02737.1711.96 %
20083605.51190.5449.299 %7915.551014.5314.701 %
20093707.98102.472.842 %8285.02369.474.668 %
20104058.54350.569.454 %8971.62686.68.287 %
20115143.621085.0826.736 %10282.731311.1114.614 %
20126053.87910.2617.697 %11035.45752.727.32 %
20136599.65545.779.015 %11722.81687.366.229 %
20147164.15564.58.553 %12476.53753.736.43 %
20155759.5-1404.65-19.607 %12714.81238.281.91 %
20165686.98-72.52-1.259 %12919.37204.561.609 %
20175828.48141.52.488 %13278.4359.032.779 %
20186125.05296.575.088 %14368.461090.068.209 %
20195998-127.05-2.074 %15477.721109.267.72 %
20205972.72-25.28-0.421 %15090.94-386.78-2.499 %
20215723.3-249.42-4.176 %16434.141343.28.901 %
20225837.84114.542.001 %18340.111905.9711.598 %
20236231.91394.076.75 %19828.921488.818.118 %
20246856.66624.7410.025 %21213.091384.166.981 %

Turkmenistan Economic Phases (1987 - 2024)

From 1987 to 2024, Turkmenistan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1991–1993) indicating temporary slowdown
  • Contraction (1995–1996) indicating temporary slowdown
  • Expansion (1997–1998) indicating steady moderate growth
  • High Growth (2000–2008) indicating robust economic expansion
  • High Growth (2010–2014) indicating robust economic expansion
  • Contraction (2019–2021) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2008 with an increase of 49.299%, while the largest decline was in 1994 at -21.091%.