The Sales Tax Rate in Turkmenistan stands at 15 percent.

Sales Tax Rate in Turkmenistan averaged 16.43 percent from 2014 until 2020, reaching an all time high of 20 percent in 2015 and a record low of 15 percent in 2016. This page provides - Turkmenistan Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Sales Tax Rate - values, historical data and charts - was last updated on July of 2020.

Sales Tax Rate in Turkmenistan is expected to reach 15.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Sales Tax Rate is projected to trend around 15.00 percent in 2021, according to our econometric models.

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Turkmenistan Sales Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.00 15.00 20.00 15.00 2014 - 2020 percent Yearly

Turkmenistan Taxes Last Previous Highest Lowest Unit
Sales Tax Rate 15.00 15.00 20.00 15.00 percent [+]


Turkmenistan Sales Tax Rate
In Turkmenistan, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Turkmenistan.