Turkmenistan's gross fixed capital formation (current US$) was US$8.24 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 51.31% from US$16.93 billion in 2015 (6.94% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$8.24 billion | 2025 |
| Five years earlier | US$6.16 billion | 2020 |
| Ten years earlier | US$16.93 billion | 2015 |
| Highest | US$19.29 billion | 2014 |
| Lowest | US$947.72 million | 1997 |
| Average since 2016 | US$8.42 billion | 2016–2025 |
| First recorded | US$1.11 billion |
What the numbers say
In 2025, Turkmenistan's gross fixed capital formation (current US$) rose 5.6% on 2024 (from US$7.8 billion to US$8.24 billion).
Across the 28 yearly changes before that (1997 to 2024), the average change was +11.8% and a typical year strayed about 35.2% from that (the standard deviation). This year's change was 0.2 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 159.3% in 2008 and the biggest yearly fall was 46% in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about US$666.43 million a year. A straight line explains 34% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Turkmenistan had the 87th highest value of the 126 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Turkmenistan | US$8.24 billion | 2025 |
| World | US$28.61 trillion | 2024 |
| Europe & Central Asia | US$7.07 trillion | 2025 |
| Upper middle income | US$10.46 trillion | 2024 |
Closest to Turkmenistan in the 2025 ranking
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 31 values
| Year | Gross fixed capital formation (current US$) |
|---|---|
| 2025 | 8,240,595,972 |
| 2024 | 7,804,491,900 |
| 2023 | 7,164,690,565 |
| 2022 | 6,663,700,943 |
| 2021 | 4,816,568,591 |
| 2020 | 6,163,169,314 |
| 2019 | 6,753,830,189 |
| 2018 | 7,360,127,737 |
| 2017 | 13,621,030,151 |
| 2016 | 15,646,342,105 |
Gross fixed capital formation (current US$) in nearby economies
- Albania — US$7.41 billion (2025)
- Armenia — US$6.26 billion (2025)
- Austria — US$136.33 billion (2025)
- Azerbaijan — US$12.37 billion (2025)
- Belarus — US$23.43 billion (2025)
- Belgium — US$173.35 billion (2025)
- Bosnia and Herzegovina — US$7.25 billion (2024)
- Bulgaria — US$26.33 billion (2025)
- Croatia — US$27.04 billion (2025)
- Cyprus — US$8.26 billion (2025)
More economic policy & debt data for Turkmenistan
- Adjusted savings, education expenditure (% of GNI) — 2.32% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$17.93 billion (2025)
- Industry, including construction, value added (current LCU) — 97.45 billion (2025)
Reading data like this
Questions people ask
- What is Turkmenistan's gross fixed capital formation (current US$)?
- US$8.24 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is up 644.18% from US$1.11 billion in 1993 (6.47% a year on average, compounded). The highest value was US$19.29 billion in 2014 and the lowest US$947.72 million in 1997.
- How does Turkmenistan rank?
- 87th highest of 126 economies with data for 2025.
- Is the latest change in gross fixed capital formation (current US$) unusual for Turkmenistan?
- In 2025, Turkmenistan's gross fixed capital formation (current US$) rose 5.6% on 2024 (from US$7.8 billion to US$8.24 billion). Across the 28 yearly changes before that (1997 to 2024), the average change was +11.8% and a typical year strayed about 35.2% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in