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Turkmenistan's Economy Maintains High Growth Rates, Which Sectors Are Driving Growth?

May 02, 2026 | 14:20 |5253
On May 1, President Serdar Berdimuhamedov held a Cabinet of Ministers meeting on the digital system, during which the country's socioeconomic development for January–April of this year was summarizedOn May 1, President Serdar Berdimuhamedov held a Cabinet of Ministers meeting on the digital system, during which the country's socioeconomic development for January–April of this year was summarized
Source: orient.tm

On May 1, President Serdar Berdimuhamedov held a Cabinet of Ministers meeting on the digital system, during which the country's socioeconomic development for January–April of this year was summarized. Macroeconomic indicators confirm the sustainability of the national development model and the effectiveness of the state programs being implemented.

While the overall GDP growth rate has traditionally been high at 6.3%, the most significant growth in early 2026 was demonstrated by sectors related to Turkmenistan's integration into global trade routes.

Transport and communications: This sector posted record growth of 10.3%, confirming the country's status as a key logistics hub in the region.

Services and trade: These sectors grew by 8.4% and 7.9%, respectively, indicating strong entrepreneurial activity.

Industry and construction: These sectors maintained stable growth of 2.4% and 6.2%, respectively, providing the country's industrial foundation. A key indicator of the economy's health was the volume of output, which increased by 10.4% compared to the same period last year. Positive production indicators were achieved across all sectors.

The domestic market is also showing signs of recovery. Retail turnover increased by 9.9%, which, combined with a 9.2% increase in foreign trade, creates a solid foundation for further development and confirms the country's strengthening position as a reliable and active player in the global market.

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