Turkmenistan: Share of services

* indicates monthly or quarterly data series
 Turkmenistan

Value added in the services sector as percent of GDP

 Latest value 47.81
 Year 2022
 Measure percent
 Data availability 1987 - 2022
 Average 35.00
 Min - Max 15.47 - 79.44
 Source The World Bank
The latest value from 2022 is 47.81 percent, a decline from 51.07 percent in 2021. In comparison, the world average is 54.52 percent, based on data from 177 countries. Historically, the average for Turkmenistan from 1987 to 2022 is 35 percent. The minimum value, 15.47 percent, was reached in 1993 while the maximum of 79.44 percent was recorded in 1992. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Turkmenistan - Share of services - Recent values chart

Historical series
Turkmenistan - Share of services - historical chart - 1987-2022




The importance of services in the economy of Turkmenistan and other countries is measured as the value added of services as percent of GDP. The services sector includes wholesale and retail trade, transport, financial services, education, health care, and real estate.
Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Share of industry 40.58 2022 percent
 Share of manufacturing 20.46 2004 percent
 Share of services 47.81 2022 percent
 Industry value added 22.94 2022 billion U.S. dollars
 Manufacturing value added 1.40 2004 billion U.S. dollars
 Services value added 27.03 2022 billion U.S. dollars
This site uses cookies.
Learn more here


OK