Gross fixed capital formation, private sector in Turkmenistan

Turkmenistan: Gross fixed capital formation, private sector was 39.24 billion current LCU in 2024. ▲ Rising

Latest (2024)
39.24 billion current LCU
Change on year
up 6.8%
World rank
66th
of 105 countries
All-time high
53.01 billion current LCU
in 2016
All-time low
3.92 billion current LCU
in 2005
Years of data
20
2005–2024

Gross fixed capital formation, private sector in Turkmenistan, 2005–2024

010.0B20.0B30.0B40.0B50.0B2005201420242005: 3.9B current LCU2006: 4.1B current LCU2007: 4.7B current LCU2008: 14.6B current LCU2009: 24.5B current LCU2010: 26.3B current LCU2011: 32.3B current LCU2012: 41.8B current LCU2013: 43.0B current LCU2014: 45.4B current LCU2015: 49.5B current LCU2016: 53.0B current LCU2017: 50.6B current LCU2018: 37.8B current LCU2019: 33.8B current LCU2020: 33.8B current LCU2021: 29.1B current LCU2022: 34.0B current LCU2023: 36.7B current LCU2024: 39.2B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2024, gross fixed capital formation, private sector in Turkmenistan stood at 39.24 billion current LCU.

Compared with earlier readings it is up 6.8% on the previous year and down 13.5% over ten years.

Over the whole period, gross fixed capital formation, private sector in Turkmenistan peaked at 53.01 billion current LCU in 2016 and was at its lowest, 3.92 billion current LCU, in 2005.

Turkmenistan ranks 66th of 105 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.38 billion current LCU 3.92 billion current LCU 24.49 billion current LCU 5
2010s 41.35 billion current LCU 26.28 billion current LCU 53.01 billion current LCU 10
2020s 34.57 billion current LCU 29.10 billion current LCU 39.24 billion current LCU 5

Countries ranked near Turkmenistan

  1. 63 Bhutan 99.52 billion current LCU compare
  2. 64 Namibia 53.67 billion current LCU compare
  3. 65 Gambia 42.06 billion current LCU compare
  4. 67 Zimbabwe 37.29 billion current LCU compare
  5. 68 Botswana 33.02 billion current LCU compare
  6. 69 Guyana 31.37 billion current LCU compare

See the full ranking of 105 places →

More economy & growth data for Turkmenistan

All data for Turkmenistan →

Frequently asked questions

What is gross fixed capital formation, private sector in Turkmenistan?
Gross fixed capital formation, private sector in Turkmenistan was 39.24 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation, private sector recorded in Turkmenistan?
The highest recorded value was 53.01 billion current LCU in 2016.
What is the lowest gross fixed capital formation, private sector recorded in Turkmenistan?
The lowest recorded value was 3.92 billion current LCU in 2005.
How does Turkmenistan rank for gross fixed capital formation, private sector?
Turkmenistan ranks 66th out of 105 countries with data for 2024.
Is gross fixed capital formation, private sector rising or falling in Turkmenistan?
Over the last ten years it is down 13.5%. The long-run trend across the full record is rising.
Where does this Turkmenistan data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation, private sector (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.