Public Debt in Turkmenistan

Turkmenistan Public Debt | Economic News & Forecasts

Turkmenistan - Public Debt

An official report in June put growth in the first five months of the year at 6.2% year-on-year, stable from the first four months on robust industrial output and strong consumption dynamics. As reported, all industrial sectors posted gains in the month. Moreover, higher global energy prices have likely bolstered the oil and gas sector, which has been wrangling with capacity constraints. Meanwhile, despite steep import tariffs and elevated inflation, retail sales have been booming in recent months. In June, UN officials reported that late-stage development of the USD 11 billion TAPI natural gas pipeline has not been fully financed, threatening to delay the project’s completion.

Turkmenistan - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)20.0  16.8  21.8  24.1  -     

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Turkmenistan Public Debt Chart

Turkmenistan Public Debt
Note: Public debt as % of GDP.
Source: IMF

Turkmenistan Facts

Exchange Rate3.500.01 %Jul 17

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