Turkmenistan - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Turkmenistan was $4,145,000,000 as of 2018. Over the past 27 years, the value for this indicator has fluctuated between $4,145,000,000 in 2018 and ($6,418,286,000) in 2016.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 $380,621,900
1992 $926,156,200
1993 $741,502,100
1994 ($8,899,300)
1995 ($5,800,115)
1996 ($79,803,560)
1997 ($628,577,500)
1998 ($960,725,300)
1999 ($468,607,100)
2000 $200,206,500
2001 $35,294,120
2002 $317,585,600
2003 $120,245,500
2004 $4,631,774
2005 $599,818,500
2006 $1,827,714,000
2007 $2,188,086,000
2008 $3,858,979,000
2009 ($2,180,351,000)
2010 ($1,141,404,000)
2011 $2,494,035,000
2012 $2,929,825,000
2013 $425,614,000
2014 $1,073,684,000
2015 ($3,561,714,000)
2016 ($6,418,286,000)
2017 ($3,276,286,000)
2018 $4,145,000,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Turkmenistan was 14,507,500,000 as of 2018. As the graph below shows, over the past 27 years this indicator reached a maximum value of 14,507,500,000 in 2018 and a minimum value of -22,464,000,000 in 2016.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1991 700
1992 46,300
1993 467,400
1994 -60,600
1995 -304,700
1996 -52,000,000
1997 -570,000,000
1998 -1,032,000,000
1999 -767,000,000
2000 360,000,000
2001 72,000,000
2002 644,000,000
2003 239,000,000
2004 10,000,000
2005 1,322,000,000
2006 3,957,000,000
2007 4,665,000,000
2008 9,906,000,000
2009 -6,214,000,000
2010 -3,253,000,000
2011 7,108,000,000
2012 8,350,000,000
2013 1,213,000,000
2014 3,060,000,000
2015 -12,466,000,000
2016 -22,464,000,000
2017 -11,467,000,000
2018 14,507,500,000

External balance on goods and services (constant LCU)

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2005 1,322,000,000
2006 3,957,742,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Turkmenistan was 10.17 as of 2018. Its highest value over the past 27 years was 28.94 in 1992, while its lowest value was -36.87 in 1998.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1991 11.86
1992 28.94
1993 23.32
1994 -0.35
1995 -0.23
1996 -3.35
1997 -25.65
1998 -36.87
1999 -19.12
2000 6.89
2001 1.00
2002 7.12
2003 2.01
2004 0.07
2005 7.40
2006 17.79
2007 17.28
2008 20.02
2009 -10.79
2010 -5.05
2011 8.53
2012 8.33
2013 1.09
2014 2.47
2015 -9.95
2016 -17.75
2017 -8.64
2018 10.17

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts