Turkmenistan: Oil revenue
* indicates monthly or quarterly data series
| Turkmenistan |
Revenue minus production cost of oil, percent of GDP |
|---|---|
| Latest value | 5.85 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1987 - 2019 |
| Average | 17.08 |
| Min - Max | 3.66 - 37.00 |
| Source | The World Bank |
The latest value from 2019 is 5.85 percent, a decline from 8.54 percent in 2018. In comparison, the world average is 2.58 percent, based on data from 184 countries. Historically, the average for Turkmenistan from 1987 to 2019 is 17.08 percent. The minimum value, 3.66 percent, was reached in 2016 while the maximum of 37 percent was recorded in 1990.
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Definition: Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gasoline prices | 0.29 | 2016 | dollars |
| Diesel prices | 0.27 | 2016 | dollars |
| Energy use per capita | 4,723.34 | 2014 | kilograms of oil equivalent |
| Share of clean energy | 0.10 | 2021 | percent |
| Electricity from renewable sources, kWh | 0.00 | 2015 | million kWh |
| Carbon dioxide (CO2) emissions | 63,655 | 2020 | kt |
| Carbon dioxide (CO2) emissions per capita | 10.18 | 2020 | metric tons |
| Greenhouse gas emissions | 194,092 | 2020 | kt of CO2 equivalent |
| GDP per unit of energy | 2.83 | 2014 | GDP per kg of oil equivalent |
| Energy imports | -191.51 | 2014 | percent |
| Natural resources income | 13.49 | 2019 | percent |
| Oil revenue | 5.85 | 2019 | percent |
| Natural gas revenue | 7.65 | 2019 | percent |
| Access to electricity | 100.00 | 2022 | percent |