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Turkmenistan Real GDPTurkmenistan Real GDPTurkmenistan Real GDP

Turkmenistan Real GDP

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Key data points


Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
‪54.49 B‬ USD on Dec 31, 2023
Lowest
‪9.60 B‬ USD on Dec 31, 1997

About Turkmenistan Real GDP


Category
GDP
Source
SESRIC - the Statistical, Economic and Social Res. and Training Centre for Islamic Countries
Frequency
Annual
Units
USD

Turkmenistan in figures — see more economic indicators tied to TMGDPCP.
GDP
TMGDP
Real GDP
TMGDPCP
GDP Per Capita
TMGDPPC
GDP Per Capita PPP
TMGDPPCP
GDP Growth
TMGDPYY
Gross Fixed Capital Formation
TMGFCF

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2023 Turkmenistan Real GDP was 54.49 B USD, and the year before it reached 51.26 B USD.