The gross domestic product (GDP) of Turkmenistan grew by 6.3 per cent in January–May 2025. This was announced by Deputy Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov during a regular meeting of the Cabinet of Ministers, according to the state news agency TDH.
The Deputy Prime Minister reported on macroeconomic indicators, noting steady growth in a number of sectors. Growth was recorded in industry (0.8%), construction (4.7%), transport and communications (10.8%), trade (9.9%), agriculture (4%) and services (8.6%). The total volume of production increased by 9.7% compared to the same period last year.
H. Geldimyradov also noted a 12.5% increase in retail trade turnover and a 5.4% increase in foreign trade turnover. The revenue side of the state budget was executed at 101.2%, while the expenditure side was executed at 97.6%. The average wage at large and medium-sized enterprises increased by 11.4%. Pensions, benefits and scholarships were financed in a timely manner. The volume of investments increased by 16.3%.
After listening to the report, President of Turkmenistan Serdar Berdimuhamedov noted the need to ensure sustainable economic growth and maintain the set GDP growth rates until the end of the year. The Head of State instructed to keep the implementation of state programmes under control and focused attention on the main task of the government – improving the living standards of the population. Particular importance is attached to the implementation of the Programme of Socio-Economic Development of Turkmenistan for 2022–2028.