Atagulyev: The private sector’s share of Turkmenistan’s GDP continues to grow

Atagulyev: The private sector’s share of Turkmenistan’s GDP continues to grow
13 18.03.2026

The private sector’s share of Turkmenistan’s GDP is set to reach 72.9% by the end of 2026. This was announced by Nokerguly Atagulyev, Deputy Chairman of the Cabinet of Ministers, at the International Forum ‘Investing in the Future of Turkmenistan’ (‘IFT 2026’), reports Turkmenportal.

According to him, this growth is ensured by state support for entrepreneurship, which has been implemented in the country over recent years.

In 2026, the total volume of investment in the economy will exceed 41 billion manats. Around 70% of the funds — more than 28.2 billion manats — will be directed towards the creation of production facilities. The private sector will account for 32% of the investment, or around 13.2 billion manats.

The forum coincides with the 18th anniversary of the Union of Industrialists and Entrepreneurs of Turkmenistan, which brings together over 29,000 members. Since the organisation was established, over 422,000 jobs have been created. Currently, 155 projects are being implemented as part of the Presidential Programme for Socio-Economic Development for 2022–2028.

By the end of 2025, the country’s GDP had grown by 6.3%. A total of 116 industrial and socio-cultural facilities were commissioned.

Atagulyev also highlighted the key factors driving investment attractiveness: political stability, the raw materials base, competitive energy prices and the development of investment legislation. He called on foreign partners to expand cooperation.