ASHGABAT, Turkmenistan, July 12. Turkmenistan's economy is projected to grow steadily in the coming years, supported by rising incomes and an improving global situation.
Data obtained by Trend from the UK Department for Business and Trade shows that Turkmenistan’s gross domestic product (GDP) grew by 2.0 percent in 2023 and is expected to rise by 2.3 percent annually from 2024 through 2026. GDP per capita is projected to reach $13,300 in 2025 and rise further to $14,400 in 2026.
In absolute terms, the size of Turkmenistan’s economy is expected to grow from $77.9 billion in 2023 to $97.0 billion in 2026, reinforcing the country’s long-term fiscal outlook and investment appeal. Over the same period, the country is forecast to climb from 84th to 78th in the global GDP rankings.
The upward trend is seen as a reflection of continued state investment in infrastructure, energy and industrial modernization. Analysts note that despite modest year-on-year growth rates, the consistent rise in GDP and income levels supports Turkmenistan’s macroeconomic stability and gradual integration into the global economy.
