Turkmenistan recorded a Government Budget deficit equal to 0.30 percent of the country's Gross Domestic Product in 2021. source: National Institute of State Statistics and Information, Turkmenistan

Government Budget in Turkmenistan averaged 1.30 percent of GDP from 1994 until 2021, reaching an all time high of 11.30 percent of GDP in 2008 and a record low of -2.80 percent of GDP in 2017. This page provides - Turkmenistan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Government Budget - values, historical data and charts - was last updated on June of 2023.

Government Budget in Turkmenistan is expected to reach 0.10 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Government Budget is projected to trend around 0.10 percent of GDP in 2023 and -1.50 percent of GDP in 2024, according to our econometric models.

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Turkmenistan Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 8.00 11.00 percent of GDP Dec 2022
Government Budget -0.30 0.10 percent of GDP Dec 2021

Turkmenistan Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 0.10 11.30 -2.80 1994 - 2021 percent of GDP Yearly