Economy of Turkmenistan |
Currency |
Turkmen Manat = 100 Tenge |
Fiscal year |
Calendar year |
Trade organisations |
CIS, ECO |
Statistics [1] |
GDP ranking |
127th (2004) [2] |
GDP |
$27.6 billion (2004) |
GDP growth |
7.5% (IMF est) note: official government statistics show 21.4% growth, but these estimates are notoriously unreliable (2004) |
GDP per capita |
$5,700 (2004) |
GDP by sector |
agriculture (28.5%), industry (42.7%), services (28.8%%) (2004) |
Inflation |
3.5% (2004) |
Pop below poverty line |
58% (2003) |
Labour force |
2.32 million (2003) |
Labour force by occupation |
agriculture (48.2%), industry (13.8%), services (37%) (2003) |
Unemployment |
60% (2004) |
Main industries |
natural gas, oil, petroleum products, textiles, food processing |
Trading Partners [3] |
Exports |
$4bn (2004) |
Main partners |
Ukraine 49.8%, Iran 17.2%, Italy 5.3%, Turkey 4.7% {2004) |
Imports |
$2.85bn (2004) |
Main Partners |
Russia 14%, Ukraine 13.8%, U.S. 11.1%, UAE 8.1%, Turkey 8%, Germany 6.8%, France 4.6% (2004) |
Public finances [4] |
Public debt |
N/A |
Revenues |
$3.05 billion (2004) |
Expenses |
$3.05 billion (2004) |
Economic aid |
$16 million from the US 2001) |