Turkmenistan is expected to maintain positive economic growth through 2027, according to a report by the European Bank for Reconstruction and Development titled Regional Economic Prospects in the EBRD Regions.
The report said the country’s real gross domestic product grew 6.3% year over year in the first 11 months of 2025.
Economic momentum was supported by an expansion in transport activity, driven in part by the free trade regime with Uzbekistan and rising trade with neighboring countries across the region.
Private-sector exports continued to post gains amid favorable pricing conditions and low production costs. Investment in state infrastructure supported growth in the construction sector and helped sustain overall economic activity.
Inflationary risks were contained through government regulation, including price-setting mechanisms, import support measures and restrictions on bank lending, the report said.
Authorities expect Turkmenistan’s economy to grow at a rate of 6.3% in both 2026 and 2027. The EBRD said additional upside potential could come from increased investment in export-oriented sectors and further development of economic infrastructure.
