The Gross Domestic Product (GDP) in Turkmenistan expanded 6.20 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Turkmenistan averaged 6.78 percent from 1994 until 2019, reaching an all time high of 16.50 percent in the fourth quarter of 1999 and a record low of -17.30 percent in the fourth quarter of 1994.
GDP Annual Growth Rate in Turkmenistan is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Turkmenistan to stand at 5.70 in 12 months time. In the long-term, the Turkmenistan GDP Annual Growth Rate is projected to trend around 5.90 percent in 2020, according to our econometric models.