Turkmenistan's Economy Grows Solidly Through First Eight Months of 2025

Deputy Chairman of the Turkmen Cabinet of Ministers Hojamyrat Geldimyradov has presented Turkmenistan’s preliminary macroeconomic indicators for January-August 2025 during a government meeting.

The report highlights stable economic development across all major sectors, The Caspian Post informs via Turkmen media.

Key Macroeconomic Indicators:

GDP Growth: The country's gross domestic product rose by 6.3 per cent.

Industrial Output: Total production volume increased by 9.9 per cent compared to the same period in 2024.

Trade:

Retail turnover grew by 13.1 per cent

Foreign trade turnover rose by 5.5 per cent

Investment: Capital investments from all funding sources increased by 10.8 per cent

Sectoral Growth:

Transport and Communications: +11 per cent

Trade: +9.8 per cent

Services: +8.4 per cent

Construction: +7 per cent

Agriculture: +4.9 per cent

Industry: +1.5 per cent

In addition, the revenue side of the state budget was executed at 100 per cent, and the average wage at large and medium-sized enterprises grew by 11.9 per cent. Wages, pensions, allowances, and student stipends were paid on time.

After reviewing the report, President Serdar Berdimuhamedov instructed the deputy prime minister to take further measures to ensure the stability of macroeconomic indicators and to regularly monitor the fulfillment of production targets by ministries and government agencies.