Turkmenistan: Capital investment, percent of GDP

* indicates monthly or quarterly data series

Capital investment as percent of GDP

 Latest value 47.20
 Year 2012
 Measure percent
 Data availability 1987 - 2012
 Average 36.25
 Min - Max 18.60 - 51.93
 Source The World Bank
For that indicator, we provide data for Turkmenistan from 1987 to 2012. The average value for Turkmenistan during that period was 36.25 percent with a minimum of 18.6 percent in 2007 and a maximum of 51.93 percent in 2011. The latest value from 2012 is 47.2 percent. For comparison, the world average in 2012 based on 165 countries is 24.76 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Turkmenistan - Capital investment, percent of GDP - Recent values chart

Historical chart
Turkmenistan - Capital investment, percent of GDP - historical chart - 1987-2012

The capital investment in Turkmenistan and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 47.20 2012 percent
 Capital investment, in dollars 16.60 2012 billion U.S. dollars
 Household consumption, percent of GDP 15.08 2012 percent
 Household consumption, in dollars 5.30 2012 billion U.S. dollars
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