Turkmenistan - Balance of payments



The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Turkmenistan's exports was $2.7 billion while imports totaled $2.3 billion resulting in a trade surplus of $400 million.

The International Monetary Fund (IMF) reports that in 1997 Turkmenistan had exports of goods totaling $774 million and imports totaling $1.01 billion. The services credit totaled $272 million and debit $675 million. The following table summarizes Turkmenistan's balance of payments as reported by the IMF for 1997 in millions of US dollars.

Turkmenistan

Current Account -580
Balance on goods -231
Balance on services -403
Balance on income 85
Current transfers -31
Capital Account -9
Financial Account 1,060
Direct investment abroad
Direct investment in Turkmenistan 108
Portfolio investment assets -5
Portfolio investment liabilities
Other investment assets 206
Other investment liabilities 752
Net Errors and Omissions -73
Reserves and Related Items -398
Also read article about Turkmenistan from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: