Turkmenistan: In-depth PEST Insights

This PEST country analysis report on Turkmenistan provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.


– Understand the political system in Turkmenistan through analysis of key figures in the country and governance indicators.

– Understand the economic situation in Turkmenistan through a balanced assessment of core macroeconomic issues.

– Understand customer demographics in Turkmenistan through analysis of income distribution and the rural-urban split, as well as healthcare and education.

– Understand the technological landscape in Turkmenistan through analysis of relevant laws and policies, as well as patents data.


– The political landscape section discusses the evolution of the political scenario in Turkmenistan, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

– The economic landscape section outlines the evolution of Turkmenistan's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."

– The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.

Reasons to buy

- What is the outlook in Turkmenistan in terms of political stability, policies towards business, and the popularity of the government?

- How does Turkmenistan perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Turkmenistan perform in terms of healthcare, income distribution, and education?

- How does Turkmenistan perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

Table of Contents

Table of Contents

Overview 2

Catalyst 2

Summary 2

Key highlights 2

Key developments January 2017-October 2018 3

Key Facts and Geographic Location 8

Key facts 8

Geographical location 9

Political Landscape 10

Summary 10

Evolution 10

Structure and policies 11

Key political figures 11

Structure of government 11

Key policies 11

Performance 12

Governance indicators 12

Economic Landscape 14

Summary 14

Evolution 14

Structure and policies 15

Financial system 15

Performance 15

GDP and growth rate 15

Fiscal situation 20

International investment position 20

Monetary situation 21

Inflation 21

Unemployment 22

Social Landscape 23

Summary 23

Evolution 23

Structure and policies 23

Demographic composition 23

Education 25

Healthcare 25

Performance 26

Healthcare 26

Education 26

Technological Landscape 27

Summary 27

Evolution 27

Structure and policies 27

Performance 27

Appendix 29

Ask the analyst 29

About MarketLine 29

Disclaimer 29

List of Tables

List of Tables

Table 1: Turkmenistan – key facts, 2018 8

Table 2: Mid-year population by age (percentage of total population), 2017 24

List of Figures

List of Figures

Figure 1: Map of Turkmenistan 9

Figure 2: Turkmenistan – key political events timeline 10

Figure 3: Turkmenistan – key political figures 11

Figure 4: Evolution of GDP growth in Turkmenistan, 2007-17 15

Figure 5: GDP and GDP growth rate of Turkmenistan (constant prices), 2012-22f 16

Figure 6: Sector-specific GDP in Turkmenistan, 2017 17

Figure 7: Agricultural output in Turkmenistan, 2012-17 18

Figure 8: Industrial output in Turkmenistan, 2012-17 19

Figure 9: Services output in Turkmenistan, 2012-17 20

Figure 10: Consumer price index-based inflation in Turkmenistan, 2012-22f 21

Figure 11: Unemployment rate in Turkmenistan, 2012-22f 22

Figure 12: Major religions in Turkmenistan 25

Figure 13: Healthcare expenditure in Turkmenistan, 2011-17 26

Figure 14: Internet users in Turkmenistan, 2013-17 28


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