Oil rents as a share of GDP in Turkmenistan

Turkmenistan: Oil rents as a share of GDP was 5.8% in 2019. ▼ Falling

Latest (2019)
5.8%
Change on year
down 31.5%
World rank
27th
of 199 countries
All-time high
37.0%
in 1990
All-time low
3.7%
in 2016
Years of data
33
1987–2019

Oil rents as a share of GDP in Turkmenistan, 1987–2019

0102030401987200320191987: 31.9 % of GDP1988: 19.7 % of GDP1989: 30.3 % of GDP1990: 37 % of GDP1991: 16.9 % of GDP1992: 19.9 % of GDP1993: 17.8 % of GDP1994: 17.8 % of GDP1995: 19.3 % of GDP1996: 25.9 % of GDP1997: 16.8 % of GDP1998: 5.2 % of GDP1999: 16.1 % of GDP2000: 30.5 % of GDP2001: 20.4 % of GDP2002: 18.1 % of GDP2003: 17.8 % of GDP2004: 20.5 % of GDP2005: 24.9 % of GDP2006: 19.5 % of GDP2007: 20.1 % of GDP2008: 22.1 % of GDP2009: 10.3 % of GDP2010: 10.2 % of GDP2011: 14.1 % of GDP2012: 12.1 % of GDP2013: 11.1 % of GDP2014: 8.8 % of GDP2015: 4.9 % of GDP2016: 3.7 % of GDP2017: 5.6 % of GDP2018: 8.5 % of GDP2019: 5.8 % of GDP

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2019, oil rents as a share of gdp in Turkmenistan stood at 5.8%.

Compared with earlier readings it is down 31.5% on the previous year and down 43.1% over ten years.

Over the whole period, oil rents as a share of gdp in Turkmenistan peaked at 37.0% in 1990 and was at its lowest, 3.7%, in 2016.

That places Turkmenistan 27th out of 199 countries with data for 2019, putting it in the top quarter.

The long-run direction has been consistently falling across the 33 years of available data.

Oil rents as a share of GDP in Turkmenistan, year by year

Annual values for Oil rents as a share of GDP in Turkmenistan, 1987 to 2019.
Year % of GDP Change
1987 31.9%
1988 19.7% -38.1%
1989 30.3% +53.5%
1990 37.0% +22.1%
1991 16.9% -54.4%
1992 19.9% +17.9%
1993 17.8% -10.6%
1994 17.8% +0.2%
1995 19.3% +8.4%
1996 25.9% +34.0%
1997 16.8% -35.3%
1998 5.2% -69.2%
1999 16.1% +211.2%
2000 30.5% +89.8%
2001 20.4% -33.3%
2002 18.1% -11.0%
2003 17.8% -1.7%
2004 20.5% +15.1%
2005 24.9% +21.5%
2006 19.5% -21.8%
2007 20.1% +3.1%
2008 22.1% +10.0%
2009 10.3% -53.5%
2010 10.2% -1.0%
2011 14.1% +38.2%
2012 12.1% -13.7%
2013 11.1% -8.4%
2014 8.8% -20.5%
2015 4.9% -44.5%
2016 3.7% -25.4%
2017 5.6% +52.4%
2018 8.5% +53.3%
2019 5.8% -31.5%

Averages by decade

DecadeAverage LowestHighest Years
1980s 27.3% 19.7% 31.9% 3
1990s 19.3% 5.2% 37.0% 10
2000s 20.4% 10.3% 30.5% 10
2010s 8.5% 3.7% 14.1% 10

Countries ranked near Turkmenistan

  1. 24 Ecuador 6.4% compare
  2. 25 Nigeria 6.2% compare
  3. 26 Norway 6.1% compare
  4. 28 Timor-Leste 5.3% compare
  5. 29 Yemen 4.8% compare
  6. 30 Ghana 4.1% compare

See the full ranking of 199 places →

More energy & mining data for Turkmenistan

All data for Turkmenistan →

Frequently asked questions

What is oil rents as a share of gdp in Turkmenistan?
Oil rents as a share of gdp in Turkmenistan was 5.8% in 2019, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest oil rents as a share of gdp recorded in Turkmenistan?
The highest recorded value was 37.0% in 1990.
What is the lowest oil rents as a share of gdp recorded in Turkmenistan?
The lowest recorded value was 3.7% in 2016.
How does Turkmenistan rank for oil rents as a share of gdp?
Turkmenistan ranks 27th out of 199 countries with data for 2019.
Is oil rents as a share of gdp rising or falling in Turkmenistan?
Over the last ten years it is down 43.1%. The long-run trend across the full record is falling.
Where does this Turkmenistan data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Oil rents as a share of GDP. Statizoid updates them automatically from the source API.

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Oil rents as a share of GDP in Turkmenistan. Statizoid, drawing on The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 04 September 2026, from https://energy.statizoid.com/stat/oil-rents-as-a-share-of-gdp/turkmenistan/

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About this data

Indicator
Oil rents as a share of GDP
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 8,404 data points, 1970–2021
Last refreshed

Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.