Turkmenistan Government Spending2022 Data - 2023 Forecast - 1990-2021 Historical

Name: Turkmenistan Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Turkmenistan,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Turkmenistan decreased to 3.13 USD Billion in 2020 from 4.02 USD Billion in 2019. source: SESRIC - The Statistical, Economic & Social Res. & Training Centre for Islamic Countries

Government Spending in Turkmenistan averaged 1.90 USD Billion from 1990 until 2020, reaching an all time high of 4.02 USD Billion in 2019 and a record low of 0.63 USD Billion in 1994. This page provides - Turkmenistan Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Government Spending - values, historical data and charts - was last updated on August of 2022.

Government Spending in Turkmenistan is expected to reach 3.30 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Government Spending is projected to trend around 3.48 USD Billion in 2023 and 3.69 USD Billion in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	3.13	4.02	USD Billion	Dec 2020

Turkmenistan Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.