Turkmenistan's PPG, commercial banks (NFL, current US$) was −US$160.3 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 216.06% from US$138.12 million in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$160.3 million | 2024 |
| Five years earlier | US$138.12 million | 2019 |
| Highest | US$211.01 million | 2017 |
| Lowest | −US$160.3 million | 2024 |
| Average since 2017 | US$51.99 million | 2017–2024 |
| First recorded | US$25.32 million | 1996 |
Over five years it is down 216.06% from US$138.12 million in 2019. Since 1996 it is down 732.99% from US$25.32 million in 1996. The World Bank has no value for 6 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Turkmenistan's PPG, commercial banks (NFL, current US$) fell US$104.49 million on 2023 (from −US$55.81 million to −US$160.3 million).
Across the 20 yearly changes before that (1997 to 2023), the average change was −US$14.8 million and a typical year strayed about US$51.41 million from that (the standard deviation). This year's change was 1.7 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$102.86 million in 1997 and the biggest yearly fall was US$155.97 million in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2017 to 2024 the straight-line trend is downward, about US$48.67 million a year. A straight line explains 96% of the movement over 8 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 2024, Turkmenistan had the 75th highest value of the 87 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$160.3 million | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
Closest to Turkmenistan in the 2024 ranking
- Kenya — 72nd of 87: −US$115.44 million
- North Macedonia — 73rd of 87: −US$139.69 million
- Peru — 74th of 87: −US$144.44 million
- Myanmar — 76th of 87: −US$187.47 million
- Mozambique — 77th of 87: −US$234.99 million
- Kazakhstan — 78th of 87: −US$290.07 million
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 23 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -160,298,000 |
| 2023 | -55,807,000 |
| 2022 | 21,751,000 |
| 2021 | 16,553,000 |
| 2020 | 86,278,000 |
| 2019 | 138,116,000 |
| 2018 | 158,300,000 |
| 2017 | 211,008,000 |
| 2016 | no data |
| 2015 | no data |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Albania — −US$9.82 million (2024)
- Armenia — −US$4.45 million (2024)
- Azerbaijan — −US$313.83 million (2024)
- Belarus — −US$4.48 million (2024)
- Bosnia and Herzegovina — −US$4.18 million (2024)
- Bulgaria — −US$386,000 (2022)
- Georgia — −US$2.98 million (2024)
- Kazakhstan — −US$290.07 million (2024)
- Kosovo — −US$842,000 (2024)
- Moldova — −US$2.07 million (2024)
More economic policy & debt data for Turkmenistan
- Adjusted savings, education expenditure (% of GNI) — 2.32% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$17.93 billion (2025)
- Industry, including construction, value added (current LCU) — 97.45 billion (2025)
Reading data like this
Questions people ask
- What is Turkmenistan's PPG, commercial banks (NFL, current US$)?
- −US$160.3 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 732.99% from US$25.32 million in 1996. The highest value was US$211.01 million in 2017 and the lowest −US$160.3 million in 2024.
- How does Turkmenistan rank?
- 75th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Turkmenistan?
- In 2024, Turkmenistan's PPG, commercial banks (NFL, current US$) fell US$104.49 million on 2023 (from −US$55.81 million to −US$160.3 million). Across the 20 yearly changes before that (1997 to 2023), the average change was −US$14.8 million and a typical year strayed about US$51.41 million from that (the standard deviation). This year's change was 1.7 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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