$6,967

2018 GDP per capita (Current US$)

6.2%

2018 GDP Growth (Real)

5.9m

Population

29%

2018 Gross Debt/GDP

A few facts

Turkmenistan has been at the crossroads of civilization for centuries.

It has the world’s sixth largest natural gas reserves.

The Darvaza gas crater was a natural gas field in Derweze which collapsed into an underground cavern in 1971. Geologists set it on fire to prevent the spread of methane gas, and it has been burning continuously ever since.

Opportunities

Turkmenistan has embarked on a policy of gradual transition to a market economy. However, the country is still effectively closed for international portfolio investors.

A number of measures, including the adoption of international accounting standards, have been implemented in the country.

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