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FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2006
STATE COMMODITY & RAW MATERIALS EXCHANGE OF TURKMENISTAN
TURKMENISTAN ECONOMIC CHARTS AND TABLES
2001 (a) 2002 (b) 2003 (b) 2004 (b) 2005 (b)
GDP at market prices (Manat billions) 35,119 43,665 51,747 59,929 70,491
GDP (US$ billions) 3.6 (b) 4.3 5.2 5.8 6.4
Real GDP growth (%) 20.4 12.0 13.0 9.0 6.0
Consumer price inflation (av; %) 11.6 (b) 8.8 5.6 5.9 10.6
Population (millions) 5.6 5.8 6.2 6.5 6.5
Exports of goods FOB (US$ millions) 2,623 2,862 (a) 3,468 (a) 3,870 (a) 4,939 (a)
Imports of goods FOB (US$ millions) -2,201 -2,119 (a) -2,502 (a) -3,320 (a) -3,638 (a)
Current account balance (US$ millions) 14 (b) 145 69 -503 255
Foreign exchange reserves excl gold (US$ millions) 2,055 2,346 (a) 2,673 (a) 2,714 (a) 3,314 (a)
Exchange rate (av; estimated market) Manat:US$ 9,828 (b) 10,098 10,034 10,375 11,015
Exchange rate (av; official) Manat:US$ 5,200 5,200 5,200 5,200 5,200
(a) Actual. (b) Economist Intelligence Unit estimates.
ECONOMIC FORECAST SUMMARY
2004 2005 2006 2007
Real GDP growth (%) 9.0 6.0 9.0 7.0
Consumer prices (% change) 10.0 10.5 11.0 11.3
Government balance (% of GDP) -2.1 -3.2 -3.4 -3.4
Merchandise exports (US$ billions) 3.9 4.9 5.7 5.8
Exchange rate(Manat:US$1) 11,470 11,800 12,050 12,850
2001-PRINCIPAL EXPORTS (%) 1999-PRINCIPAL IMPORTS (%)
Gas
Textiles
Crude & refined oil
Other
Cotton fibre
Machinery & equipment
Food products
Other
57.0
26.0
3.0
2.0
60.0
15.0
12.0
25.0
2001-MAIN DESTINATIONS OF EXPORTS (%) 2003-MAIN ORIGINS OF IMPORTS (%)
Ukraine
Russia
Italy
Turkey
Iran
Other
Russia
UAE
Ukraine
Germany
Turkey
Other
18.0
15.0
9.0
46.0
11.0
6.0
21.0
8.0
4.0
5.0
43.0
14.0
Source: Economist Intelligence Unit ViewsWire
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