Turkmenistan Economy

The Turkmen economy ranks 90th in the world and has a population estimated at 5.17 million population as at 2014. The country has a 54.2 billion GDP PPP as well as its GDP PPP per capita of 9,510 vs 53,101 (US) as source from the IMF for 2013. The national currency is the Turkmenistan manat (TMT) which is issued by its central bank, Central Bank of Turkmenistan (www.cbt.tm). The Turkmen banks online websites are in the languages of Turkmen, Turkish Russian and English. Banks in the country offer traditional bank services including current accounts and deposits in the local denominated TMT or foreign currency. Within Turkmenistan inflation was estimated by the CIA.gov website to be 9% (2013) as well as 8.5% (2012)