Turkmenistan

- Nilish Aggarwal

Turkmenistan is one of the Turkic states in Central Asia.

Until 1991, it was a constituent republic of the Soviet Union, the Turkmen Soviet Socialist Republic (Turkmen SSR).

Turkmenistan is one of the five independent Turkic states.

It possesses the world's fourth largest reserves of natural gas resources. Although it is wealthy in natural resources in certain areas, most of the country is covered by the Karakum (Black Sand) Desert.

ECONOMY
GDP (purchasing power parity) GDP - real growth rate

GDP - per capita (PPP)

Gross national saving

GDP - composition, by end use

GDP - composition by sector

$49.75 billion (2012) $44.84 billion (2011) 11% (2012) 14.7% (2011) $8,900 (2012) $8,100 (2011 est) 14.6% of GDP (2012) 11.6% of GDP (2011) household consumption: 50% government consumption: 12.9% investment in fixed capital: 10.6% exports of goods and services: 62.7% imports of goods and services: -36.2% (2012) agriculture: 7.5% industry: 24.4% services: 68.1% (2012)

CONTD
Population below poverty line Labor force Unemployment rate Investment (gross fixed) Budget 30% (2004) 2.3 million (2008) 60% (2004) 10.6% of GDP (2012) revenues: $26.4 billion expditeurs: $26.9 billion (2012) 78.4% of GDP (2012) -1.5% of GDP (2012) 8.5% (2012) 12% (2011) cotton, grain, melons; livestock natural gas, oil, petroleum products, textiles, food processing 6.5% (2012) $1.496 billion (2012) $1.005 billion (2011)

Taxes and other revenues Budget surplus (+) or deficit (-)

Inflation rate (consumer prices)

Agriculture products
Industries Industrial production growth rate

Current Account Balance

CONTD
Exports

Exports commodities
Exports partners Imports Imports - commodities

Imports - partners
Reserves of foreign exchange and gold Debt - external

$15.4 billion (2012) $13.84 billion (2011) gas, crude oil, petrochemicals, textiles, cotton fiber China 66%, Ukraine 7%, Italy 4.5% (2012) $10.19 billion (2012) $9.368 billion (2011) machinery and equipment, chemicals, foodstuffs China 20.1%, Turkey 17.5%, Russia 13%, UAE 6.9%, Germany 4.8%, UK 4.4% (2012) $20.2 billion (31 December 2012) $18.9 billion (31 December 2011) $428.9 million (31 December 2012) $451.5 million (31 December 2011)

Trade Fairs
Cotton trade fair starts its work (23.11.2013) III International Cotton Trade Fair started its work Ashgabat. The organizers of the forum are the State Commodity and Raw Materials Exchange and the Chamber of Commerce and Industry of Turkmenistan International Oil and Gas Forum in Ashgabat (20.11.2013) The International Exhibition "Oil and Gas of Turkmenistan - 2013" opened in the Exhibition Centre in Ashgabat. The forum is organized by the Ministry of Oil and Gas Industry and Mineral Resources of Turkmenistan and the Chamber of Commerce and Industry of our country. International conference on development of biotechnologies (22.11.2013) The International scientific conference "The Trends of Biotechnologies Development in Turkmenistan" started in the Avaza National tourist zone. The main goal of the forum is to make contribution into the study and introduction of the most advanced achievements in such spheres as biotechnology, bioengineering, bio-energy and bio-informatics and promote development of the international scientific and technological cooperation.

Future events/ forums

5th Anniversary Turkmenistan Gas Congress 20-21 May 2014 Avaza Turkmenbashi, Turkmenistan due to 4th largest Natural Gas Reserve In the World, hence invites Delegates from various Nations 8th Turkmenistan Telecommunications & IT Conference 17-18 September 2014 Ashgabat Exhibition Palace Ashgabat, Turkmenistan. The upcoming conference will bring together 250 delegates and 40 speakers 19th Turkmenistan Oil & Gas Conference 18-20 November 2014 Ashgabat Exhibition Palace Ashgabat, Turkmenistan To Target the Mineral Resources of Turkmenistan

It is one of the driest deserts in the world, some places have an average annual precipitation of only 12 mm (0.47 in). The highest temperature recorded in Ashgabat is 48.0 C

Religion
Muslims: 89% of the population Followers of the Eastern Orthodox Church: 9% of the population Non-religious: 2% of the population

rtogrul Gazy Mosque in Ashgabat

In an election on 11 February 2007, Berdimuhamedow was elected president with 89% of the vote and 95% turnout. He was sworn in on 14 February 2007.

President Gurbanguly Berdimuhamedow, repealed some of his processor's most idiosyncratic policies
banning opera and the circus increased basic education to ten years from nine years higher education had been extended from four years to five increased contacts with the West

head of state

President
head of government

New Constitution

abolition of the Council increase in the size of Parliament formation of multiple political parties

Only one effectively permitted to operate

Political gatherings are illegal unless government sanctioned.

Human rights
Turkmenistan has been widely criticized for human rights abuses and has imposed severe restrictions on foreign travel for its citizens.

Turkmenistan had the 3rd worst press freedom conditions in the world, behind North Korea and Burma.

Queries & Doubts

http://turkmenexpo.com http://ciafactbook.gov http://imf.org