Compare Turkmenistan (2007) - Turkmenistan (2008)

Compare Turkmenistan (2007) z Turkmenistan (2008)

Show all fields

	Turkmenistan (2007)	Turkmenistan (2008)

Background	Annexed by Russia between 1865 and 1885, Turkmenistan became a Soviet republic in 1924. It achieved independence upon the dissolution of the USSR in 1991. Extensive hydrocarbon/natural gas reserves could prove a boon to this underdeveloped country if extraction and delivery projects were to be expanded. The Turkmenistan Government is actively seeking to develop alternative petroleum transportation routes to break Russia's pipeline monopoly. President for Life Saparmurat NIYAZOV died in December 2006, and Turkmenistan held its first multi-candidate presidential electoral process in February 2007. Gurbanguly BERDIMUHAMEDOW, a former NIYAZOV aide, emerged as the country's new president.	Eastern Turkmenistan for centuries formed part of the Persian province of Khurasan; in medieval times Merv (today known as Mary) was one of the great cities of the Islamic world and an important stop on the Silk Road. Annexed by Russia between 1865 and 1885, Turkmenistan became a Soviet republic in 1924. It achieved independence upon the dissolution of the USSR in 1991. Extensive hydrocarbon/natural gas reserves could prove a boon to this underdeveloped country if extraction and delivery projects were to be expanded. The Turkmenistan Government is actively seeking to develop alternative petroleum transportation routes to break Russia's pipeline monopoly. President for Life Saparmurat NYYAZOW died in December 2006, and Turkmenistan held its first multi-candidate presidential electoral process in February 2007. Gurbanguly BERDIMUHAMEDOW, a former NYYAZOW aide, emerged as the country's new president.
Budget	revenues: $1.434 billion expenditures: $1.386 billion (2006 est.)	revenues: $1.641 billion expenditures: $1.6 billion (2007 est.)
Economy - overview	Turkmenistan is a largely desert country with intensive agriculture in irrigated oases and large gas and oil resources. One-half of its irrigated land is planted in cotton; formerly it was the world's 10th-largest producer. Poor harvests in recent years have led to an almost 50% decline in cotton exports. With an authoritarian ex-Communist regime in power and a tribally based social structure, Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its inefficient economy. Privatization goals remain limited. From 1998-2005, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by an average of 15% per year from 2003-06, largely because of higher international oil and gas prices. In 2006, Ashgabat raised its natural gas export prices to its main customer, Russia, from $66 per thousand cubic meters (tcm) to $100 per tcm. Overall prospects in the near future are discouraging because of widespread internal poverty, a poor educational system, government misuse of oil and gas revenues, and Ashgabat's unwillingness to adopt market-oriented reforms. Turkmenistan's economic statistics are state secrets, and GDP and other figures are subject to wide margins of error. In particular, the rate of GDP growth is uncertain. President BERDIMUHAMEDOW's election platform included plans to build a gas line to China, to complete the AmuDarya railroad bridge in Lebap province, and to create special border trade zones in southern Balkan province - a hint that the new post-NIYAZOV government will work to create a friendlier foreign investment environment.	Turkmenistan is a largely desert country with intensive agriculture in irrigated oases and large gas and oil resources. One-half of its irrigated land is planted in cotton; formerly it was the world's 10th-largest producer. Poor harvests in recent years have led to an almost 50% decline in cotton exports. With an authoritarian ex-Communist regime in power and a tribally based social structure, Turkmenistan has taken a cautious approach to economic reform, hoping to use gas and cotton sales to sustain its inefficient economy. Privatization goals remain limited. From 1998-2005, Turkmenistan suffered from the continued lack of adequate export routes for natural gas and from obligations on extensive short-term external debt. At the same time, however, total exports rose by an average of roughtly 15% per year from 2003-07, largely because of higher international oil and gas prices. Overall prospects in the near future are discouraging because of widespread internal poverty, a poor educational system, government misuse of oil and gas revenues, and Ashgabat's unwillingness to adopt market-oriented reforms. Turkmenistan's economic statistics are state secrets, and GDP and other figures are subject to wide margins of error. In particular, the rate of GDP growth is uncertain. President BERDIMUHAMEDOW's election platform included plans to build a gas line to China, to complete the Amu Darya railroad bridge in Lebap province, and to create special border trade zones in southern Balkan province - a hint that the new post-NYYAZOW government will work to create a friendlier foreign investment environment.
Exchange rates	Turkmen manat per US$ - 11,100 (2006) official rate note: in recent years the unofficial rate has hovered around 24,000 to 25,000 Turkmen manats to the dollar	Turkmen manat per US$ - 11,250 (2007), 11,100 (2006) official rate note: in recent years the unofficial rate has hovered around 24,000 to 25,000 Turkmen manats to the dollar
GDP - composition by sector	agriculture: 17.7% industry: 39.2% services: 43.2% (2006 est.)	agriculture: 16.7% industry: 39.2% services: 44.2% (2007 est.)
GDP - real growth rate	IMF estimate: 6% note: official government statistics show 21.4% growth, but these estimates are widely regarded as unreliable (2006 est.)	IMF estimate: 7% note: official government statistics are widely regarded as unreliable (2007 est.)
Imports	NA bbl/day	2,536 bbl/day (2004)
Industrial production growth rate	22% (2003 est.)	7% (2007 est.)
Inflation rate (consumer prices)	11.5% (2006 est.)	11.3% (2007 est.)
International organization participation	AsDB, CIS, EAPC, EBRD, ECO, FAO, G-77, IBRD, ICAO, ICRM, IDB, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO (correspondent), ITU, MIGA, NAM, OIC, OPCW, OSCE, PFP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO	ABEDA, ADB, CIS, EAPC, EBRD, ECO, FAO, G-77, IBRD, ICAO, ICRM, IDA, IDB, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO (correspondent), ITU, MIGA, NAM, OIC, OPCW, OSCE, PFP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO
Pipelines	gas 6,441 km; oil 1,361 km (2006)	gas 6,441 km; oil 1,361 km (2007)
Political parties and leaders	Democratic Party of Turkmenistan or DPT note: formal opposition parties are outlawed; unofficial, small opposition movements exist underground or in foreign countries; the two most prominent opposition groups-in-exile have been National Democratic Movement of Turkmenistan (NDMT) and the United Democratic Party of Turkmenistan (UDPT); NDMT was led by former Foreign Minister Boris SHIKHMURADOV until his arrest and imprisonment in the wake of the 25 November 2002 assassination attempt on President NIYAZOV; UDPT is led by former Foreign Minister Abdy KULIEV and is based in Moscow	Democratic Party of Turkmenistan or DPT note: formal opposition parties are outlawed; unofficial, small opposition movements exist underground or in foreign countries; the two most prominent opposition groups-in-exile have been National Democratic Movement of Turkmenistan (NDMT) and the United Democratic Party of Turkmenistan (UDPT); NDMT was led by former Foreign Minister Boris SHIKHMURADOV until his arrest and imprisonment in the wake of the 25 November 2002 assassination attempt on President NYYAZOW

Sitemap: Compare countries listing (map site) | Country listing (map site)
Links: Add to favorites | Information about this website | Stats | Polityka prywatnosci
This page was generated in ##czas## s. Size this page: ##rozmiar_strony## kB.