Turkmenistan recorded a government debt equivalent to 29.30 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Turkmenistan averaged 21.31 percent from 1997 until 2018, reaching an all time high of 64.41 percent in 1998 and a record low of 2.42 percent in 2007. This page provides - Turkmenistan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Turkmenistan is expected to reach 32.90 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Government Debt to GDP is projected to trend around 34.50 percent in 2021 and 36.00 percent in 2022, according to our econometric models.

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Turkmenistan Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
29.30 28.82 64.41 2.42 1997 - 2018 percent Yearly

Turkmenistan Government Last Previous Highest Lowest Unit
Government Debt to GDP 29.30 28.82 64.41 2.42 percent [+]
Government Budget -0.90 -2.80 11.30 -2.80 percent of GDP [+]
Government Spending 3.90 3.80 3.90 0.65 USD Billion [+]
Credit Rating 15.00 [+]


Turkmenistan Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.