Turkmenistan: Adjusted net national income (current US$)

Key figures

Since 1998 it is up 1,487% from US$2.15 billion in 1998 (14.07% a year on average, compounded). The World Bank has no value for 6 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2019, Turkmenistan's adjusted net national income (current US$) rose 16.6% on 2018 (from US$29.2 billion to US$34.05 billion).

Across the 13 yearly changes before that (1999 to 2018), the average change was +20.5% and a typical year strayed about 26.5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 62% in 2002 and the biggest yearly fall was 31.5% in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Turkmenistan in the 2019 ranking

• Kuwait — 1st of 3: US$129.18 billion
• Cuba — 2nd of 3: US$88.4 billion

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 16 values

Adjusted net national income (current US$) in nearby economies

• Albania — US$14.8 billion (2021)
• Armenia — US$11.23 billion (2021)
• Austria — US$387.62 billion (2021)
• Azerbaijan — US$40.2 billion (2021)
• Belarus — US$54.07 billion (2021)
• Belgium — US$483.64 billion (2021)
• Bosnia and Herzegovina — US$19.53 billion (2021)
• Bulgaria — US$69.57 billion (2021)
• Croatia — US$56.45 billion (2021)
• Cyprus — US$22.23 billion (2021)

More economic policy & debt data for Turkmenistan

• Adjusted savings, education expenditure (% of GNI) — 2.32% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, energy depletion (current US$) — US$4.57 billion (2021)
• Agriculture, forestry, and fishing, value added (current US$) — US$6.16 billion (2025)
• Agriculture, forestry, and fishing, value added (current LCU) — 33.47 billion (2025)
• Agriculture, forestry, and fishing, value added (% of GDP) — 12.36% (2025)
• Industry, including construction, value added (current US$) — US$17.93 billion (2025)
• Industry, including construction, value added (current LCU) — 97.45 billion (2025)

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Questions people ask

What is Turkmenistan's adjusted net national income (current US$)?

US$34.05 billion in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1998?

It is up 1,487% from US$2.15 billion in 1998 (14.07% a year on average, compounded). The highest value was US$34.05 billion in 2019 and the lowest US$1.21 billion in 2000.

Is the latest change in adjusted net national income (current US$) unusual for Turkmenistan?

In 2019, Turkmenistan's adjusted net national income (current US$) rose 16.6% on 2018 (from US$29.2 billion to US$34.05 billion). Across the 13 yearly changes before that (1999 to 2018), the average change was +20.5% and a typical year strayed about 26.5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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