Turkmenistan’s GDP Growth Reached 6.3%

Turkmenistan’s gross domestic product growth reached 6.3%. This was reported on October 2 by Deputy Prime Minister H. Geldimyradov in his report on macroeconomic indicators for the first nine months of the year during a regular meeting of the Cabinet of Ministers held via the digital system.

Growth rates amounted to 3% in industry, 6.7% in construction, 10.4% in transport and communications, 8.4% in trade, 4.1% in agriculture, and 8.4% in services.

In January–September of this year, total output increased by 9.9% compared with the same period last year, with positive production results recorded across sectors of the economy.

Retail trade turnover increased by 10.5%, while foreign trade turnover rose by 8.3%.

In January–September, the revenue side of the State Budget was fulfilled at 100.1%, while the expenditure side was fulfilled at 97.2%.