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HistoryCentral Est. 1996
Flag of Turkmenistan
flag — Turkmenistan
Nation by Nation

Turkmenistan

Economy

$51.4 billion
GDP
World Bank · 2024
$6,857
GDP / Capita
World Bank · 2024
+6.3%
GDP Growth
World Bank · 2024
4.0%
Unemployment
World Bank · 2024

Turkmenistan is an upper-middle-income but tightly closed economy whose wealth rests on some of the world's largest natural-gas reserves, exported overwhelmingly to China.

One of the world's most isolated and authoritarian states, it has a heavily state-controlled economy and little transparency, with gas revenues funding grandiose state projects.

Key Sectors

The economy is dominated by natural gas and, to a lesser extent, oil and cotton, with most other activity controlled by the state.

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