The economy will improve slightly in 2017. Growth in private final consumption and a gradual rise in energy prices provide support for the economy. However, relatively low natural gas prices have forced officials to introduce a process of fiscal ...

Despite declining fertility Turkmenistan’s population will continue to grow at a relatively fast, albeit decelerating, pace in 2015-2030. In 2030, the population will reach 6.2 million, an increase of 14.6% from 2015. Although the population will be ...

Turkmenistan’s poor regulatory quality, high corruption levels, rigid labour market and extreme state interference are barriers to the establishment and smooth running of firms. Nevertheless investment in the less developed ICT sector, offers ...

On the back of robust domestic demand and an increase in public investment, Turkmenistan was one of the world’s fastest-growing economies during the 2010-2015 period. However, Turkmenistan’s strong reliance on exports of hydrocarbons generates risks ...

Turkmenistan’s household market continues to expand strongly, supported by the country’s favourable demography. Backed by strong gains in incomes, household demand for durables and telecom goods is rising, though Turkmen households’ penetration of ...

Real growth of Turkmenistan’s per capita gross income and spending was amongst the fastest in the Asia Pacific region over 2010-2015. Rising disposable income is influencing changes in consumption patterns of Turkmen households, although their ...

Among major economies, Turkmenistan has some of the lowest digital penetration rates globally. Due to heavy state censorship and regressive telecom policies, the local Internet market remains very weak. While this landscape severely limits present ...

Despite the focus of Turkmenistan’s government on the development of local tourism, the industry continues to perform very poorly in terms of both inbound and domestic tourism, with the main restraining factor being the huge number of bureaucratic ...

Strongly-held traditional values will curb the speed of change and a wide gap still exists between the elite and the general population. However, economic confidence is high, the younger population more open to western influences and government ...