Turkmenistan recorded a government debt equivalent to 29.30 percent of the country's Gross Domestic Product in 2018. Turkmenistan Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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.

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 36.00 percent in 2021, 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 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.