A repressive state is undermining economic freedom in Turkmenistan, which suffers from significant corruption. Higher oil and gas prices have helped the Turkmen economy exit recession, but reliance on hydrocarbons is considerable and the foreign investment climate is problematic. A young and growing population will support the consumer market, but poverty remains a major barrier to advancement. Internet use is censored and is lower than peers, but adoption of mobile technology is meaningful.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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