Turkmenistan Current Account Balance

Factbook > Countries > Turkmenistan > Economy

Current Account Balance:

-$4.359 billion (2017 est.)
-$7.207 billion (2016 est.)

Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Source: CIA World Factbook - This page was last updated on Friday, November 27, 2020

See Also

Related Data From the International Monetary Fund

Variable: Current account balance

Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Units: U.S. dollars

Scale: Billions

Country-specific Note: Source: Turkmenistan authorities and IMF staff estimates and projections, the central budget data are not reported according to GFSM 2001 by the authorities. Latest actual data: 2015 Notes: Data prior to 2009 cannot be confirmed by national sources at this time. BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: New Turkmen manat Data last updated: 02/2019

Source: International Monetary Fund, World Economic Outlook Database, April 2019

YearCurrent account balancePercent Change
19920 
19930NaN
19940NaN
19950NaN
19960.002
1997-0.58-29,100.00%
1998-0.93561.21%
1999-0.571-38.93%
20000.412-172.15%
20010.115-72.09%
20020.583406.96%
20030.304-47.86%
20040.082-73.03%
20050.875967.07%
20063.351282.97%
20074.03720.47%
20083.56-11.82%
2009-3.355-194.24%
2010-2.917-13.06%
2011-0.243-91.67%
2012-0.30826.75%
2013-2.865830.19%
2014-2.641-7.82%
2015-5.577111.17%
2016-7.29330.77%
2017-3.916-46.30%
20181.388-135.44%
2019-1.171-184.37%

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