UN expecting Turkmenistan's GDP growth to be 6% in 2025, 5.4% in 2026

ASHGABAT. Jan 10 (Interfax) - The United Nations forecasts Turkmenistan's GDP growth to be 6% in 2025, the organization said in its World Economics Situation and Prospects 2025 report.

The UN estimates that the country's GDP growth will fall to 5.4% in 2026. Turkmenistan's GDP grew 6.3% in 2024.

Average annual inflation in Turkmenistan slowed to 8% in 2024 from 9.1% in 2023, according to UN experts. The UN forecasts that average annual inflation will fall to 6.8% in 2025 and to 5.4% in 2026.

According to the Turkmen government, the country's economy grew 6.3% in 2023, up 0.1 percentage point compared to 2022.

In line with Turkmenistan's program for social and economic development in 2024, it was planned that GDP growth would be maintained at a level of 6.3%. According to the presidential programe for 2022-2028, Turkmenistan's GDP growth rate up to 2028 should be no less than 6.7% annually.