Turkmenistan's net secondary income (net current transfers from abroad) (current LCU) was 30 million in 2022, the latest year in the World Bank's World Development Indicators. That is down 92.32% from 390.45 million in 2012 (22.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 30 million | 2022 |
| Five years earlier | 479.5 million | 2017 |
| Ten years earlier | 390.45 million | 2012 |
| Highest | 1.96 billion | 2021 |
| Lowest | -28.25 million | 1997 |
| Average since 2013 | 719.62 million | 2013–2022 |
| First recorded | 100 |
What the numbers say
In 2022, Turkmenistan's net secondary income (net current transfers from abroad) (current LCU) fell 1.93 billion on 2021 (from 1.96 billion to 30 million).
Across the 25 yearly changes before that (1994 to 2021), the average change was +22.7 million and a typical year strayed about 88.81 million from that (the standard deviation). This year's change was 22.0 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 175.18 million in 2007 and the biggest yearly fall was 1.93 billion in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 25% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Turkmenistan in the 2022 ranking
- Syrian Arab Republic — 1st of 4: 11.63 trillion
- Burkina Faso — 2nd of 4: 460.81 billion
- Norway — 4th of 4: -56.92 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 29 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2022 | 30,000,000 |
| 2021 | 1,964,440,000 |
| 2020 | 1,876,520,000 |
| 2019 | no data |
| 2018 | no data |
| 2017 | 479,500,000 |
| 2016 | 437,500,000 |
| 2015 | 399,000,000 |
| 2014 | 296,400,000 |
| 2013 | 273,600,000 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Albania — 132.86 billion (2025)
- Armenia — 134.65 billion (2025)
- Austria — -3.14 billion (2024)
- Azerbaijan — 1.26 billion (2025)
- Belarus — 3.32 billion (2025)
- Belgium — -10.14 billion (2024)
- Bosnia and Herzegovina — 5.6 billion (2025)
- Bulgaria — 1.33 billion (2025)
- Croatia
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 net secondary income (net current transfers from abroad) (current LCU)?
- 30 million in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 30 million% from 100 in 1991 (50.2% a year on average, compounded). The highest value was 1.96 billion in 2021 and the lowest -28.25 million in 1997.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Turkmenistan?
- In 2022, Turkmenistan's net secondary income (net current transfers from abroad) (current LCU) fell 1.93 billion on 2021 (from 1.96 billion to 30 million). Across the 25 yearly changes before that (1994 to 2021), the average change was +22.7 million and a typical year strayed about 88.81 million from that (the standard deviation). This year's change was 22.0 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, 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.
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